
Broker (Turkish/English)
at BGC Partners
Posted 17 hours ago
No clicks
- Compensation
- Not specified
- City
- Country
- Switzerland
Currency: Not specified
**Broker (Turkish/English)** Responsible for brokering products in compliance with market practice, laws, and regulations. Key duties include understanding and adhering to organizational policies, maintaining relevant training, and accurately recording deals. Must calculate dealing prices according to the company's pricing policies and ensure settlement requirements are met. Bilingual proficiency in Turkish and English is crucial for this Nyon-based role. Prior experience in brokering or related financial roles, along with a strong grasp of relevant regulations and internal procedures, is preferred.
Location: Nyon, Switzerland
Core Activities
Broking the product in accordance with established market practice and in compliance with all relevant laws and regulations.
Gaining a full understanding and working within internal compliance and other policies and procedures, including specific desk procedures. Maintaining this knowledge as policies and procedures evolve.
Complete all assigned training and policy attestations in a timely manner.
Calculating dealing prices in accordance with the Company’s pricing policy.
Recording all brokerage deals in accordance with the Company’s settlements and Operations requirements.
Raising the profile of the desk.
Maintain fitness and propriety to become and/or continue to be an approved person with the FCA’s approved persons regime, if required.
Attend and contribute in all team meetings as required by the desk head or other manager.
Be alerted to Conduct Risk issues, specifically the risk of harm to client interests, market integrity and/or competition in financial markets due to inappropriate practices or behaviours across the firm.
Key contacts/working relationships
Liaising with clients, traders and financial institutions in London and the rest of Europe or globally as required.
Securing business through and improving relationships with existing contacts.
Developing relationships with new clients in the financial markets, thus increasing the Company’s client base.
Contribute to brokerage agreement negotiations as required.
Entertaining and making personal contacts with existing and potential customers.
Key outputs and key performance indicators
Generate at least the minimum amount of revenue as set out in the individual employment contract.
Attesting to and demonstrating sound understanding of all regulatory requirements on an ongoing basis.
Actively contribute to the work of the desk, being a team player and ensuring the Company’s needs are at the forefront of all activities undertaken on the desk.
Responsibilities
Technical Ability
A high level of product and market knowledge to provide a professional and profitable service to the Company’s clients
Computer literacy, with extensive knowledge of market data
Firm understanding of compliance regulations and FCA requirements, including specific understanding of market practice and compliance regulations in relation to product.
Experience
Minimum 5+ years' trading experience at a local bank
Experience carrying out transactions in REPO/Reverse REPO, FX Swap, FX Forward, Money Market, OIS in Turkish Lira in addition to FX Derivatives and Fixed Income Products
Client Relationships
Ability to identify client needs in Turkish Lira and EMFX products
Ability to attract, entertain and do business with new and existing clients
Problem Solving
Demonstrable mathematical knowledge and
Excellent numeracy skills
Communication Skills
Excellent negotiation skills, able to influence others to achieve a successful outcome
Clear and confident verbal and written skills
