Futures Execution Broker

Futures Execution Broker – Derivatives Division

Location: Chicago, IL or New York, NY

Full/Part-Time: Full-Time

FLSA Status: Exempt

Equal Employment Opportunity Employer

Summary

The objective of this position is to drive revenue and establish, maintain and grow positive relationships with institutional clients including but not limited to pension funds, asset managers and hedge funds by marketing the firm’s Global Listed Derivatives/Futures trading services. Candidates for this role must have an established, portable and strong book of business with solid buy-side relationships.

Essential Duties And Responsibilities

• Introduce new Futures client relationships to Loop Capital Management, manage those relationships, and produce revenue through Futures execution brokerage.
• Client relationship management; conducts client visits, participates in client and industry events, establishes and maintains relationships and networks with clients
• Provides trade execution with knowledge of both high and low touch coverage models
• Continuously monitors market information and price action during the day
• Creates new methods of providing valuable information to clients; communicate and provide analysis of market trends and macro and technical events affecting the markets
• Identifies opportunities to solicit new business; responsible for providing constant proactive sales and trading coverage to institutional clients
• Willingness to work within a team environment to deliver holistic value add coverage to clients; ability to back up colleagues when needed and embraces a cross-sell approach within Loop Capital Markets.
• Willingness to adapt to an evolving marketplace, stay updated on new Listed Derivatives products and electronic trading tools such as Algorithms and Trading Cost Analysis.
  
  
  

Competencies

To perform the job successfully, an individual should demonstrate the following competencies and attributes:

• An established and portable book of business is required
• Bachelor's degree from a four-year college or university and at least six years of experience in the investment industry with thorough knowledge of global markets, economic indicators and various trading strategies
• Extensive experience covering major institutional accounts
• Strong knowledge of global Listed Derivatives markets and various trading strategies
• Advanced computer skills with Microsoft Office (Excel, PowerPoint, Outlook, Word, etc.), electronic and algorithmic trading systems
• Excellent communication skills (verbal, written, effective speaker and active listening
• Strong financial, quantitative and qualitative skills
• Ethical; having integrity
• Must be aggressive, self-motivated and confident
• Excellent decision making, negotiation, results and detailed oriented skills; ability to make real-time trading decisions weighing complex circumstances under considerable time pressure
• Strong client service and relationship building skills
• Solid knowledge of the trading process and electronic trading systems (Fidessa, Bloomberg, Instinet, etc.)
• Trading, sales and marketing acumen
• Strong research, project management and problem-solving skills
• Demonstrated ability to work independently and function as an effective team player
• Willingness to continuously upgrade skills; processes/systems/programming techniques
• Ability to work with all levels of employees and clients, including C-Suite
• Must be willing to travel
• Series 3 license is required. Series 7 and 63 licenses are preferred.