What are the responsibilities and job description for the Desk Head, Soft Commodities position at BGC Group?
Job Title : Desk Head, Soft Commodities
Location : New York City / London / Remote
Firm Overview :
BGC Partners is a leading global brokerage and financial technology company. BGC specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, energy and commodities, shipping, insurance, and futures. BGC also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through brands including Fenics, BGC Trader, Capitalab, Lucera, and Fenics Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, Fenics Market Data, Capitalab, and Lucera are trademarks / service marks and / or registered trademarks / service marks of BGC Partners, Inc., and / or its affiliates.
Responsibilities :
Sunrise is looking for an individual to lead a soft commodities desk to complement our current agriculture offering. You will be responsible for building business contacts and developing revenue streams for a new desk within the company. Candidates must have the ability to analyze and forecast commodity market trends, advise clients on opportunities, make informed decisions and provide appropriate market commentary.
Duties and responsibilities :
On board institutional, hedge fund, cta, bank, market maker, trade house client business.
Ability to successfully leverage existing relationships and cultivate new business opportunities
Manage client relationships focused on futures / options and other related P / L drivers
Provide relevant market analysis to support hedging and / or trading decisions for clients
Make the business case for expanding the desk and leveraging cross selling opportunities
Qualifications :
Minimum of 5 years of related experience
Series 3 / 7 licensed or willing to obtain
Transferable book of business
Good knowledge of futures and options markets
Ability to work both independently and in a collaborative environment
High work ethic and superior attention to detail
Excellent written and verbal communication skills with the ability to compose market and commodity reports
Ability to thrive in a fast-paced environment
Must be analytical, a problem solver, and customer service oriented
Educational Qualifications :
Bachelor’s Degree required
Hybrid Working - We are currently operating a hybrid model for our shared services employees (including this role). We anticipate continuing these arrangements for the foreseeable future with periodic review. Hybrid for BGC Partners across the working week, means three days office based and two days remote.
Salary : $90,000 - $100,000 USD
The expected base salary for this position ranges from $90,000 to $100,000.The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
Salary : $90,000 - $100,000