Junior Broker - Rates (Madrid)

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries.  We are 5,200 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About ICAP

ICAP, part of TP ICAP group, provides a wide variety of execution and information services to wholesale market participants.

We offer broking services covering a wide range of asset classes, including Commodities, Credit, Equities, FX, Money Market Funds and Rates.

For each asset class, ICAP offers e-trading capability, giving clients the option to enter prices and execute trades directly via one of our hybrid electronic trading systems, or to engage with brokers who can identify and negotiate trades

Role Overview

A Global Broking Rates desk in Madrid is seeking a Junior Broker to join their team.  We are looking to engage with local graduates who are fluent in both English and French (written and verbal) and are at the early stages of their career.

Please note this is an entry level role into the world of Financial Services. This role offers an excellent opportunity to develop a career in broking, gain exposure to global markets, work within a dynamic and fast-paced trading environment and gradually work up to becoming a Broker with clients and regular lines of business.

 

Role Responsibilities

• Promote TP ICAP Group.

• Ensure timely input of trades into trading systems and via Bloomberg.

• Keep pricing screens and trade records up to date.

• Provide complete support (operational and administrative) to the brokers for the smooth running of the desk, making sure brokers can remain at their desks to trade.

• Resolve any trade queries received internally and externally and ensure any trade discrepancies are resolved in a timely manner.

• Provide input on various projects for brokers and traders.

• Provide trade details to brokers and traders on a daily basis.

• Undergo training leading to direct client communication.

• Monitor markets and follow financial news and developments.

• Assist with the on-boarding of new clients.

• Develop on the job (study, pass qualifications, look for opportunities / exposures to grow).

 

Experience / Competences

Essential

• Recent graduate who is looking for their first opportunity.

• Fluent French and English language skills (verbal and written).

• Ability to work effectively in a high-pressure environment, can keep emotions under control in difficult situations with proven resilience.

• Self-starter who can use their own initiative.

• Evidences professional and personal integrity at all times.

• Hard working and willingness to learn.

• Handles situations and problems effectively using own initiate.

• Demonstrated patience and understanding as it relates to training and development.

• Building relationships and networks with both internally and externally wherever possible.

• Demonstrates ability to work effectively with others.

• Seeks opportunities for improvements.

• Demonstrates high levels of energy in seeking out and achieving new goals.

Desired

• Understands how a financial asset class is brokered / traded.

• Demonstrated interest and understanding in the financial markets and the economy.

 

Band & Level

• Professional / 4

#ICAP #LI-Onsite #LI-ASO

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement. 

Location

Spain - Paseo de la Castellana - Madrid