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Trainee Broker - ICAP European Power Markets

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TP ICAP

3mo ago

  • Internship
    Full-time
    Off-cycle Internship
  • Sales & Business Development
    Banking & Finance
  • Amsterdam
  • Quick Apply

AI generated summary

  • You should have strong math skills, a passion for finance, high computer proficiency, resilience, teamwork, attention to detail, communication skills, and experience in financial services and European Power Markets.
  • You will support brokers, manage trade input and discrepancies, provide market updates, engage with clients, monitor market news, and ensure efficient trading operations daily.

Requirements

  • Proficient mathematics qualifications.
  • Demonstrated interest in the financial markets and the economy.
  • High level of computer competence.
  • Hard working and willingness to learn.
  • Resilient - ability to work effectively in a high-pressure environment, can keep emotions under control in difficult situations.
  • Build relationships and networks with both internally and externally wherever possible.
  • Self-development – naturally inquisitive to learn and develop and grow. Actively seeking new ways to grow and be challenged using both formal and informal development channels.
  • Instils Trust - gaining the confidence and trust of others through honesty, integrity, and authenticity.
  • Attention to detail.
  • Team player - demonstrates ability to work effectively with others, communicating clearly and instilling trust with your colleagues.
  • Values Differences - recognizes the value that different perspectives and cultures bring to an organization.
  • Works ethically and shows respect for both professional and company values.
  • Communication Skills: excellent written and verbal communication skills; fluency in English is required, knowledge of additional CEE languages is an advantage.
  • Analytical & Problem-Solving Skills: Ability to think quickly and analyse market data to assess trends and opportunities.
  • Experience using financial software, trading platforms and market research tools.
  • Experience working in Financial Services.
  • Understanding of the European Power Markets.
  • Handles situations and problems effectively using own initiative.
  • Seeks opportunities for improvements.
  • Demonstrates high levels of energy in seeking out and achieving new goals.

Responsibilities

  • Promote TP ICAP Group.
  • Provide complete support to the brokers for the smooth running of the desk.
  • Ensure timely input of trades into trading systems.
  • Resolve any trade queries received internally and externally, and ensure any trade discrepancies are resolved in a timely manner.
  • Identify trade opportunities and calculate strategies.
  • Keep trade records up to date.
  • Update real-time manual / electronic whiteboards with market data.
  • Provide input on various projects for brokers and traders.
  • Provide trade details to brokers and traders on a daily basis.
  • Give live quotes to traders through the messaging systems.
  • Monitor markets and follow financial news and developments.
  • Understand the underlying products being traded and keep up to date with knowledge of new products/procedures.
  • Liaise with clients, (via telephone, messaging and face to face) to understand the business objectives of your clients as to provide a reliable and efficient broking service.
  • Provide cover to clients, when team members are unavailable.

FAQs

What is the role of a Trainee Broker at ICAP?

The Trainee Broker will assist senior brokers in facilitating trades, developing market strategies, and building relationships with clients in the European Power Markets.

What qualifications are required for this position?

Candidates should have proficient mathematics qualifications, a demonstrated interest in financial markets, and a high level of computer competence.

Is prior experience in financial services necessary?

While prior experience in financial services is desired, it is not mandatory. Enthusiasm and a willingness to learn are key attributes.

What skills are most important for this role?

Essential skills include communication, analytical and problem-solving abilities, attention to detail, and the ability to work effectively both independently and as part of a team.

Will I receive training as part of this role?

Yes, the role provides hands-on training and the opportunity to develop a deep understanding of the electricity trading industry.

Are language skills important for this position?

Fluency in English is required, and knowledge of additional Central and Eastern European languages is an advantage.

What is the work environment like for a Trainee Broker?

The work environment is dynamic, high-pressure, and collaborative, requiring resilience and the ability to manage emotions effectively.

How can I apply for the job if I don’t meet every requirement?

TP ICAP encourages candidates to apply even if they do not meet every aspect of the job description, as they value diverse experiences and perspectives.

Where is this position located?

The position is located at TP ICAP’s office in Amsterdam, Netherlands, at Vijzelstraat 68.

What is TP ICAP's stance on inclusivity?

TP ICAP fosters inclusivity and aims to create a welcoming work environment where diverse perspectives are valued and encouraged.

Finance
Industry
5001-10,000
Employees
2016
Founded Year

Mission & Purpose

We are the world’s largest inter-dealer broker, the world’s largest energy & commodities broker, and the world’s leading provider of over-the-counter (OTC) pricing data. 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. We operate in 28 countries and employ 5,200 people, including 2,600 brokers. Our clients include top tier investment banks and financial institutions. Through our people and technology, we connect clients to superior liquidity and data solutions across every major asset class, including Rates, FX, Credit Equities, Energy, Renewables and Digital Assets. We are home to a line up of premium brands. Each has a distinct, client-focused offering, underpinned by the financial security, operational strength and robust governance of the TP ICAP Group. Our brands include: •Tullett Prebon •ICAP •Liquidnet •Parameta Solutions •PVM.