Sales and Trading Recruitment | Careers

Selby Jennings: A Specialist Sales and Trading Recruitment Talent Partner

Selby Jennings is a leading Sales and Trading recruitment talent partner for financial sciences & services. Our global Sales and Trading team provides permanent, contract, and multi-hire recruitment solutions from our offices across three continents.

For nearly 20 years, clients and candidates have had peace of mind that their specialist Sales and Trading hiring process is in safe hands. With employment of securities, commodities, and financial service sales agents set to increase in the next ten years, competition and talent investment is expected to challenge businesses.

From streamlining processes and upskilling workforces, to staying cutting edge by employing flexible work models, our Sales and Trading recruiters advise enterprise leaders on when to strike and how. We also provide expert insight to Sales and Trading professionals on benchmarking salaries and benefits packages and assist them through their career moves.

Whether you’re interested in securing the very best Sales and Trading talent or you’re a Sales and Trading professional looking for a new role within this industry, the Selby Jennings’ Sales and Trading team connect exceptional talent to industry-leading clients.

If you're a Sales and Trading professional, please register your resume.

If you're looking for Sales & Trading talent, please register your vacancy today.

Benefits of working with Selby Jennings’ global Sales & Trading team

We are a specialist Sales and Trading talent partner. Among the many benefits of working with Selby Jennings’ global Sales and Trading team are:

Experience

We have nearly 20 years of experience as a leading Sales & Trading recruiter.

Network

A vast, global network of the best, in-demand professionals, working with the world’s largest financial institutions to innovative fintech start-ups and beyond.

Knowledge

Our award-winning talent specialists offer bespoke, tailored guidance on the latest hiring trends and industry news to help you achieve your goals.

At Selby Jennings, we are committed to nurturing long-standing partnerships, anchored in trust, integrity, and reciprocal growth. Our Sales and Trading headhunters offer tailored solutions designed to accommodate your unique needs, providing flexible hiring methodologies that complement your business goals. Whether your focus is on immediate fulfillment of critical Sales & Trading positions or devising strategic talent acquisition plans, our expertise and resources stand poised to deliver. Begin your journey by submitting your vacancy to us today.

Start the process of addressing your talent needs in Sales & Trading by completing our form today. Our professional team anticipates the opportunity to discuss how we can support your organization in meeting its Sales & Trading recruitment requirements effectively and proficiently.

Sales and Trading Jobs

In the ever-fluctuating world of finance, Sales and Trading professionals are pivotal. As markets become increasingly dynamic, individuals with these skills are in high demand. Aligning with Selby Jennings, an expert in Sales and Trading, could boost your career trajectory. Check our current Sales and Trading roles or submit your CV/resume, and we'll get in touch when an appropriate opportunity surfaces.

Equity Sales (Shanghai base role)

Responsibilities: Client Relationship Development: Cultivate strong relationships with institutional clients onshore, ensuring excellent service and understanding their investment needs. Cross-Selling: Promote and cross-sell other financial products to clients, leveraging existing relationships. Collaboration with Prime Brokerage: Work closely with the prime brokerage business to enhance client services and address their requirements. Requirements: Experience: Minimum of 2 years of relevant experience in equity sales or related roles. Language Skills: Fluent in Mandarin and English to effectively communicate with local clients.

Negotiable

Shanghai

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Short Term Rates/FX Trader

Introduction: We are currently seeking an experienced and motivated short-term Interest Rates Trader for our client based in Paris. The Global Investment Bank in question are actively expanding their Rates Franchise so this role offers unique progression. Job Description: Our ideal candidate will have 5+ years of experience working with STIR, FX swaps, FX Forwards, XCCY/cross-currency market making. The successful applicant must be able to manage high-volume client flow while staying up-to-date with trends that affect interest rate movements at both macroeconomic levels (global) or microeconomics (local). Responsibilities include but not limited too; * Market making STIR, FX swaps, FX Forwards, XCCY/cross-currency on behalf of the banks clients. * Managing risk through hedging strategies * Understanding pricing models related specifically towards IR products. The ideal candidate should understand how these skills can play into executing trades efficiently when it comes down negotiating prices during fast-paced environments - keeping profitability top-of-mind always. Qualifications/Skills Required: To qualify for this position candidates need only possess strong quantitative analytical capabilities regarding data interpretation & analysis along with excellent communication skills which would allow them interact comfortably across all relevant stakeholder groups including sales teams who depend upon their support often times daily basis. In addition potential traders should also hold degrees from reputable universities demonstrating expertise either within mathematics/statistics/econometrics/engineering fields; industry recognized professional qualifications are highly desired however not required given enough understanding around aforementioned skillsets mentioned above.. If interested please apply today!

€120000 - €180000 per annum

Paris

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FX Corps Sales - Paris

Associate/VP FX Corporate Sales - French Speaking Clients Our client, a leading investment bank in Paris, are looking for a an Associate/VP FX Corporate Sales pro to cover Large Corporate clients in Benelux, boosting revenue and forging lasting client relationships. Key Responsibilities: Develop and execute sales strategies for FX revenue growth in Benelux. Identify new business opportunities and nurture client relationships. Collaborate with internal teams to deliver comprehensive client solutions. Stay updated on market trends and regulatory changes to advise clients effectively. Qualifications: Bachelor's degree in Finance or related field; advanced degree preferred. 3+ years of FX Corporate Sales experience. Strong understanding of FX markets and products. Excellent communication and interpersonal skills. Fluency in English and French required; Dutch proficiency preferred. Benefits: Competitive salary and bonus structure. Comprehensive benefits package. Opportunities for professional growth within a global organisation. Dynamic and collaborative work environment. Passionate about FX Corporate Sales? Apply now via the link below!

Negotiable

Paris

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Junior Sales Trader - NL

Junior Treasury Sales Trader - Cross Asset Location: Amsterdam Our client, A leading investment bank in Amsterdam are seeking a driven Junior Treasury Sales Trader to assist in executing trades and delivering top-notch service to clients across multiple asset classes. Responsibilities: Execute trades across equities, fixed income, currencies, and commodities. Build and maintain client relationships. Analyse market trends and risks. Collaborate with internal teams for seamless operations. Qualifications: Bachelor's degree in finance, economics, or related field. Strong analytical and communication skills. Fluency in English; additional languages a plus. Previous finance or trading experience preferred but not required. Why Join the Bank? Work with a diverse and talented team. Comprehensive training and career development opportunities. Competitive compensation with performance incentives. Commitment to work-life balance and employee well-being. If you are interested in the opportunity below, please apply via the link.

Negotiable

Amsterdam

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Dairy/Ingredients Trader

Role: Dairy/Ingredients Trader Responsibilities: - Manage existing clients with the goal to develop long-term relationships - Identify key contacts within target market segments - Develop strategies that focus on growing revenue streams from customers Qualifications & Skills Required (not limited to): 1. 4+ years experience as a Dairy/Ingredients Trader. 2. Strong track record delivering profitable results - PnL management skills are essential. 3. Excellent communication, negotiation and interpersonal abilities required when liaising with both internal colleagues across different teams/departments globally as well external stakeholders including suppliers/customers/brokers etc.. 4. Knowledge/experience working within Food/Agriculture sector. If you meet all qualifications mentioned above, please apply today! We welcome candidates who possess passion drive succeed challenging fast-paced environment.

Negotiable

England

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Senior Proprietary Intraday Power Trader

Job Title: Senior Proprietary Intraday Power Trader Location: Aarhus, Denmark Overview: Our client is a leading trading house specializing in proprietary trading across global energy markets. With a focus on intraday power trading, they leverage advanced technology, quantitative analysis, and strategic insights in dynamic and competitive markets. They are seeking a highly skilled and experienced Senior Proprietary Intraday Power Trader to join their dynamic team. The ideal candidate will have a proven track record of success in proprietary trading, specifically in CWE power markets. This role offers an exciting opportunity to take ownership of trading strategies, optimize risk-adjusted returns, and contribute to the growth and profitability of our trading operations. Responsibilities: Develop and implement proprietary trading strategies to capture alpha in intraday power markets, utilizing both fundamental and quantitative analysis techniques. Execute trades autonomously and in real-time, utilizing sophisticated trading platforms and tools to capitalize on market opportunities. Monitor market conditions, news, and events to identify trading signals and adjust trading strategies accordingly. Manage risk exposure and position limits effectively, utilizing risk management techniques and controls to mitigate losses and maximize profits. Collaborate with quantitative researchers, developers, and other traders to enhance trading strategies, develop new models, and optimize trading algorithms. Analyze trading performance, P&L attribution, and market impact to identify areas for improvement and optimization. Qualifications: Minimum of 4 years of experience in proprietary trading, with a focus on intraday power markets. Deep understanding of power markets, including supply-demand dynamics, market fundamentals, and regulatory frameworks. Proven track record of generating consistent profits and outperforming benchmarks in proprietary trading. Strong analytical skills and proficiency in statistical analysis, data visualization, and programming (e.g., Python, R). Experience with proprietary trading platforms, market data feeds, and execution algorithms. Excellent decision-making skills, ability to perform under pressure, and thrive in a fast-paced trading environment. Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams. How to Apply: If you are a seasoned and results-driven professional with a passion for proprietary trading and expertise in intraday power markets, we invite you to apply. Please submit your CV outlining your qualifications and experience or apply below.

Negotiable

Denmark

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Oil Business Development

Job Title: Business Developer - Oil & Gas Location: Geneva, Switzerland About Us: Our client is a prominent trading house specializing in the global trading of petroleum products. With a focus on origination and distribution, they play a crucial role in connecting producers and consumers in the oil and gas industry. They are seeking a talented and experienced Business Developer to join their team. The ideal candidate will have a deep understanding of the oil and gas industry, strong relationships with producers, suppliers, and buyers, and a proven track record of business development and sales. This role offers an exciting opportunity to drive growth, expand their market presence, and contribute to the success of their trading operations. Responsibilities: Identify and develop new business opportunities in the oil and gas sector, focusing on the origination and trading of petroleum products. Build and maintain relationships with key stakeholders, including producers, refiners, traders, and end-users, to facilitate the sourcing and trading of crude oil, refined products, and other petroleum derivatives. Negotiate contracts, pricing, and terms with suppliers and buyers to optimize profitability and ensure compliance with regulatory requirements. Collaborate with internal teams, including trading, logistics, and finance, to execute trades, manage risk, and ensure timely delivery of products. Monitor market trends, competitor activities, and geopolitical developments to identify opportunities and risks in the oil and gas market. Provide market insights and strategic recommendations to senior management to support decision-making and business planning initiatives. Qualifications: Minimum of 5-7 years of experience in business development or sales within the oil and gas industry, with a focus on trading and origination. Deep understanding of the oil and gas value chain, including production, refining, transportation, and distribution. Proven track record of successfully developing and closing business deals, meeting sales targets, and driving revenue growth. Strong network of contacts within the oil and gas industry, including producers, refiners, traders, and end-users. Excellent negotiation, communication, and interpersonal skills. Ability to work independently, prioritize tasks, and manage multiple projects simultaneously. Willingness to travel domestically and internationally as required. How to Apply: If you are a results-driven and entrepreneurial professional with a passion for the oil and gas industry, we invite you to send your CV or apply below.

£200000 - £200001 per annum

Geneva

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Senior Fertalizer Business Developer

Job Title: Fertilizer Business Developer Location: Europe About Us: Our client is a leading trading house specializing in the distribution and trading of fertilizers and various other commodities. With a global presence and a reputation for reliability and excellence, they play a vital role in connecting producers and consumers in the chemical supply chain. Our client is seeking a talented and experienced Fertilizer Business Developer to join their team. The ideal candidate will have a deep understanding of the fertilizer industry, strong relationships with producers and buyers, and a proven track record of business development and sales. This role offers an exciting opportunity to drive growth, expand market presence, and contribute to the success of thei trading operations. Responsibilities: Identify and cultivate relationships with fertilizer producers, suppliers, and buyers to expand our network and secure new business opportunities. Develop and execute strategic business development plans to grow sales volumes and revenue in the fertilizer trading segment. Negotiate contracts, pricing, and terms with suppliers and buyers to maximize profitability and mitigate risk. Collaborate with internal teams, including logistics, operations, and finance, to ensure smooth execution of trades and timely delivery of products. Monitor market trends, competitor activities, and regulatory developments to identify opportunities and risks in the fertilizer market. Provide market insights and recommendations to senior management to support decision-making and strategic planning initiatives. Qualifications: Deep understanding of fertilizer products, market dynamics, and supply chain logistics. Proven track record of successfully developing and closing business deals, meeting sales targets, and driving revenue growth. Strong network of contacts within the fertilizer industry, including producers, suppliers, traders, and buyers. Excellent negotiation, communication, and interpersonal skills. Ability to work independently, prioritize tasks, and manage multiple projects simultaneously. Willingness to travel domestically and internationally as required. How to Apply: If you are a results-driven and entrepreneurial professional with a passion for the fertilizer industry, we invite you to apply. Please submit your CV outlining your qualifications and experience or apply below.

Negotiable

England

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DeFi Crypto Trader

One of the top leading proprietary trading firms specializing in cryptocurrency markets are looking to bring on a new Trader/PM to join their collaborative firm. This firm is dedicated to harnessing cutting-edge technology and data-driven strategies to achieve superior returns for our clients and stakeholders. Position Overview: The firm is seeking a highly skilled and experienced Systematic DeFi Crypto Trader to join their dynamic team. The ideal candidate will have a proven track record of at least 2 years in live trading cryptocurrencies and must possess robust strategies that can be integrated into our trading systems for optimal performance. Responsibilities: Develop and implement systematic trading strategies for cryptocurrencies on both DeFi and CeFi. Conduct in-depth research and analysis to identify profitable trading opportunities. Monitor market trends and adjust strategies accordingly to maximize returns. Collaborate with the research and technology teams to enhance trading algorithms and infrastructure. Maintain thorough documentation and performance tracking of trading strategies. Requirements: Minimum of 2 years of successful live trading experience in cryptocurrency markets. Proficient in developing systematic trading strategies using quantitative analysis and data-driven methodologies. Strong understanding of market dynamics, risk management, and trading psychology. Demonstrated track record of generating consistent profits and managing risk effectively. Excellent programming skills in languages such as Python, R, or C++. Experience with trading platforms and tools such as Bloomberg, TradingView, or similar. Bachelor's degree in finance, mathematics, computer science, or related field.

US$150000 - US$200000 per year + Bonus

New York

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HFT Systematic Trader/PM

Job Title: HFT Systematic Trader/PM - Hedge Fund Location: New York / Remote I am partnered with a Hedge Fund based in NYC, managing over $1 Billion in AUM, and they are actively seeking to onboard a talented HFT Systematic Trader/PM specializing in options, futures, ETFs, or equities to join their dynamic team. As a Systematic Trader/PM, you will play a crucial role in the firm's investment strategies, leveraging data-driven insights and cutting-edge technology to optimize trading decisions in the fast-paced world of traditional finance. Position Overview: The firm is seeking a highly skilled and experienced traditional finance Trader/PM to join their dynamic team. The ideal candidate will have a proven track record of at least 5 years in live trading and must possess robust strategies that can be integrated into our trading systems for optimal performance. Responsibilities: Trade and implement systematic trading strategies for traditional finance. Conduct in-depth research and analysis to identify profitable trading opportunities. Monitor market trends and adjust strategies accordingly to maximize returns. Collaborate with the research and technology teams to enhance trading algorithms and infrastructure. Maintain thorough documentation and performance tracking of trading strategies. Requirements: Minimum of 5 years of successful live trading experience in traditional finance markets. Proficient in developing systematic trading strategies using quantitative analysis and data-driven methodologies. Strong understanding of market dynamics, risk management, and trading psychology. Demonstrated track record of generating consistent profits and managing risk effectively. Excellent programming skills in languages such as Python, R, or C++. Experience with trading platforms and tools such as Bloomberg, TradingView, or similar. Bachelor's degree in finance, mathematics, computer science, or related field (preferred but not required). Benefits: Competitive compensation package with performance-based bonuses. Opportunities for career growth and advancement within the firm. Access to cutting-edge technology and resources for trading. Collaborative and dynamic work environment with like-minded professionals. Flexible work arrangements and hybrid work options available.

US$450000 - US$850000 per year + Performance Based Bonus

New York

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Associate/VP - Credit Trader

Our client is a European Bank who are looking to add to their Trading capabilities. The bank need to add a promising Trader to help build their Credit Trading desk across IG Financials mainly with some crossover and HY. The role offers a huge opportunity for an ambitious person with exciting ideas who looking grow within a successful team and manage a client flow trading book. Key responsibilities of the Credit Trader role include: Manage and build the Credit trading book. Evaluate the risk involved in Trading activity and make appropriate hedging strategies to mitigate potential losses. Work with the wider Trading teams to design and implement long term Trading strategies and grow the institutions offering. Contribute to other tasks on desk, including legislation and other ad-hoc tasks. Key requirements of the Credit Trader role include: Proven experience in Credit Trading, Ideally Investment Grade, minimum 6 years. Additional knowledge of HY and Crossover is an added benefit. Knowledge of Financials is essential. Experience in Client facing Sell-Side Market Making. Ability and knowledge to effectively manage risk. Fluency in English. If you are interested in the Credit Trader role, apply online today or email

Negotiable

Amsterdam

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Director - Equity Solutions Sales

Our client, a global Investment Bank is looking to expand its Corporate Equity Solutions Sales team with hub's in both Europe and Asia. As the successful candidate, you will be responsible for developing strategic equity solutions products that meet our EMEA-based corporate clients' requirements. You'll work alongside other professionals within your team and across the organization to deliver bespoke structured equity financing opportunities. Key Responsibilities include but are not limited to: - Origination of new business from existing or potential sources - Structuring complex transactions with innovative financial instruments - Working collaboratively with internal teams on deal execution - Representing the Bank and the Equity Solutions franchise with a wide variety of Corporate Clients Qualifications & Skills Required: -Minimum 5 years experience within Corporate/Strategic Equity -Proven track record of selling tailored equity solutions to Corporate Clients -Excellent analytical, verbal and written skills -Any other applicable languages would be desirable -Ambitious self-starter who can demonstrate success through innovation rather than relying solely upon established networks

€150000 - €190000 per annum

Amsterdam

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Sales and Trading News & Insights

sales-and-trading

The Best Cities for Commodities Jobs

Commodity traders, brokers, and investors buy and sell raw products, such as gas, metal, and agricultural products, based on the predicted or actual value of tangible goods. By conducting research, calculating risk, and analyzing financial markets, commodity traders can make a favorable decision on whether to buy or sell commodities based on current market needs.Like shares, commodities are bought and sold on exchanges. Brokers work across a variety of firms, including investment banks, hedge funds, and asset management. Commodity investor and trader positions are available in every city, but not every opportunity is equal. Wages, benefits, working hours, and job openings are likely to be different in every city for commodity traders. To help you decide on the best place to live and work as a commodity investor we have identified which cities have the most amount of job vacancies.Offering insights to commodity traders, investors, and brokers considering relocation opportunities, and hiring managers looking to attract top industry talent, here are some of the best cities to work as a commodity trader.Cities with the Most Amount of Vacancies Whether you are looking for career opportunities or you are a business in need of top talent, it’s beneficial to know the cities with prominent national commodity markets and investment in banking infrastructure. The following cities have the greatest number of vacancies and opportunities for commodity brokers. New YorkFollowing the COVID-19 pandemic, New York overtook London as the city with the most amount of vacancies. New York is the financial hub of the world, as a key player in global financial markets due to two of the largest stock exchanges in the world: the New York Stock Exchange and the Nasdaq.It is considered to be one of the best cities for a career in finance and the trading of commoditiesWith the highest 10% of commodity traders earning an average annual salary of $193,000, the outlook for commodities in New York suggests strong market growth likely to attract new entrants. DubaiHome to the largest and most diversified exchange in the Middle East, Dubai is an established commodity trading hub and a magnet for international commodity trader talent. Equipped with forward-thinking strategies and advanced infrastructure, Dubai is quickly growing in significance in futures trading. In 2023, Dubai’s economy recorded 3.3% growth in the first nine months, showcasing the city’s drive, resilience, and innovation. With an economic plan to boost trade and investments in 2024, Dubai boasts a favorable business climate attractive to traders worldwide. Hong KongThe commodities market in Hong Kong plays to the investors' advantage as demand for commodity risk management increases to protect against hedge price swings from China. Agriculture, mining, oil, gas, and chemical supply chains are evolving, presenting an excellent opportunity for candidates with commodities trading experience.With developing international trade and changing market demands, experienced commodity traders looking to relocate to Hong Kong have the potential to earn an average annual salary of HK$360,000 and benefit from thriving business environments. HoustonHouston presents a variety of commodities job opportunities for commodity traders due to an amplified energy transition and an enhanced focus on renewable energy sources. Talent with experience in renewable power and environmental commodity transactions in Houston are sure to benefit from the industry's exponential growth. Independent commodities trading houses as well as big commodity trading firms maintain a significant presence in this city and present many future trading jobs for candidates. BostonAn attractive city for those who are seeking commodities jobs, Boston is a leading location with financial and commodities job availability. With trading firms dominating the financial landscape, this city is sure to catch the eye of traders, investors, and brokers. Domeyard LP, Akuna Capital, and Piper Jaffray are among the assortment of firms thatfavor business in this financial services hub, presenting ample commodity trading opportunities to the local area.Why Choose Us?At Selby Jennings, we provide organizations with access to industry-leading talent and are experts in identifying the right candidates for niche positions. We are a lead specialist talent acquisition partner with the latest recruitment news, trends, and knowledge to elevate your hiring process or job search. Advertise your banking and financial services open job vacancies via our website to access innovative talent and connect with exciting traders and investment professionals. Get in Touch NowFor more information about how we can help you secure top commodity traders, get in touch today. For more information or to find your next commodities job position, take a look at our current roles. Alternatively, you can upload your resume. Once received, one of our consultants will be in touch as soon as a role that matches your skill set becomes available.

sales-and-trading

The Future of FX Trading Jobs: Changes, Benefits, and Opportunities

Foreign exchange (FX) trading has always been a critical component of the global financial market, with currencies being exchanged daily for various purposes such as international trade, investments, and travel. As the global economy evolves, so does the landscape of FX trading jobs. In this blog, we will explore the future of FX trading jobs, how they are changing, and the benefits of these changes. 1. The Rise of Technology and AutomationThe future of FX jobs will be significantly influenced by the rise of technology and automation, leading to a transformation in the skills required and the nature of the roles within the industry. As algorithmic trading and artificial intelligence (AI) become more prevalent, traditional tasks performed by human traders may be automated, resulting in a decrease in demand for some conventional FX roles. However, this shift will also give rise to new opportunities in areas such as data analytics, AI development, and machine learning, where professionals can focus on creating, implementing, and maintaining these advanced technologies.In response to these changes, FX professionals will need to evolve their skill sets to stay relevant in the job market. This includes acquiring a strong understanding of technology, data analysis, and programming languages, as well as staying up-to-date on the latest industry trends and innovations. As a result, the future of FX jobs will place a greater emphasis on adaptability, continuous learning, and the ability to work alongside automated systems.2. Global Market DynamicsThe future of FX jobs will be greatly impacted by global market dynamics, as international economic events and trends have a direct influence on the foreign exchange market. The ongoing developments in the global economy will require FX professionals to possess specialized knowledge and expertise in specific regions and currencies, creating opportunities for those with a deep understanding of global market forces.For example, the ongoing US-China trade tensions and the resulting fluctuations in currency values have increased the need for FX professionals who can navigate these complex situations and develop effective trading strategies. Similarly, the global shift towards adopting digital currencies, such as cryptocurrencies and central bank digital currencies (CBDCs), opens up new avenues for FX professionals who can understand and capitalize on these innovative financial instruments.Additionally, FX professionals will need to stay informed about geopolitical events, such as Brexit, which have far-reaching implications on currency markets.3. Regulatory EnvironmentThe regulatory environments governing the FX industry play a crucial role in shaping the future of FX jobs. As regulatory requirements evolve to address market abuses, mitigate risks, and enhance transparency, the FX trading landscape undergoes continuous change.For example, the introduction of the MiFID II (Markets in Financial Instruments Directive II) regulations in the European Union significantly impacted the FX market. These regulations aimed to improve transparency and investor protection, leading to increased demand for compliance professionals and risk management specialists within the FX trading space. FX firms now need to ensure they adhere to these new requirements, such as trade reporting, best execution, and data management.As regulatory environments continue to evolve, FX professionals must stay informed about the latest developments and adapt accordingly. This includes acquiring knowledge of regulatory frameworks, understanding the impact of these regulations on their roles, and ensuring compliance with the best practices in the industry. By being proactive and adaptive, FX professionals can maintain their relevance in the job market and contribute to a more transparent and resilient FX market.Benefits of Changes in the FX Trading Job LandscapeAdaptability: The evolving landscape encourages professionals to be adaptable and agile, fostering continuous learning and career growth.Broader skill set: The need for diverse skills, such as technology and data analysis, allows FX professionals to expand their expertise and become more versatile in their careers.Competitive advantage: Professionals who embrace these changes gain a competitive edge in the job market, opening doors to new opportunities.Industry innovation: Technological advancements and new market insights contribute to the overall growth and efficiency of the FX trading industry.To also check out our discipline page, view here.The future of FX trading jobs will be shaped by factors such as technology, global market dynamics, and regulations. To stay ahead in this evolving landscape, professionals must adapt to these changes, develop new skills, and remain informed about industry developments. At Selby Jennings, we are committed to helping both clients and candidates navigate these changes and seize opportunities in the FX trading job market.If you are an employer looking to hire top talent in the FX trading space, our team of experienced consultants can provide tailored solutions and support to ensure that you find the right candidates for your organization. Don't hesitate to request a callback to discuss your specific needs and learn how we can help you stay ahead in the dynamic FX trading landscape.For professionals seeking new opportunities in FX trading, we encourage you to browse our available jobs and stay up-to-date on the latest trends and opportunities in the market. Our expert consultants are committed to helping you find the perfect role that aligns with your skills and career goals in this ever-changing environment.

commodities

A new dawn for commodity trading and talent?

Global net-zero targets have altered the commodities landscape, which now sees the industry playing a defining role to supply essential materials, from copper to rare earth, that work towards a carbon neutral future. What’s more, commodities remain the best-performing asset class of 2022 and enjoyed healthy activity in Q1, rising to nearly 30% as calculated by the S&P GSCI Index.The outlook ahead for commodities suggests strong growth, but to be able to capitalize on opportunities, commodities firms need the right people in place. Here we take an introspective look at the latest talent trends that you should be aware of to get ahead in this fast-moving industry. The year of counter offers In today’s competitive landscape, with the brightest minds in commodities in ever-increasing demand, firms are opening their wallets to not only secure professionals but also as a retention tool. Since the beginning of this year, organizations found themselves in a candidate-driven market, which has simultaneously resulted in compensation swelling to facilitate this demand. While it’s not all about capital, it’s important to note that professionals are bargaining hard for the top offer. We’ve observed many professionals increase their salaries by seeking greener pastures, and even passive talent are making moves to follow the money. Commodities firms are rapidly trying to fill seats post-pandemic and are therefore heavily compensating mission-critical professionals to facilitate their expanding growth plans. Counter offers also pose a threat to any firm looking to develop a dynamic pipeline of talent. Selby Jennings has seen business leader offer top-tier employees large salaries to alleviate the chance of a counter offer, or any retention issues in the future. According to the latest research, most professionals leave their current employer within 12 months of accepting a counter offer, meaning it is important for the industry to retain staff before it comes to a counter offer, and for professionals to realise what the cost of accepting a counter really is on their career. Flexibility for the futureHowever, while lucrative compensation packages are a big attraction, they are not all encompassing. Heavily driving career decisions is flexible, hybrid and remote working, with many commodities specialists actively looking for prospective roles that offer fully remote capabilities. The ability to tap into a wider and higher-paying job market that isn’t constrained to one particular location is a compelling factor right now, and even if a role is commutable, professionals are still interested in some degree of flexibility that the hybrid model affords. It’s clear that the flexible working paradigm is of critical importance to today’s workforce, yet some individuals are opting for the office to enrich collaboration, communication, and some feel an office environment services them better in building their personal profile. Places of note Although rising inflationary pressures and supply chain challenges have impacted commodities verticals, the landscape is buoyant. Since the 1990s, Houston has established itself as the major energy trading arm in the US. New York closely follows behind as the second energy trading hub, with energy asset operators evolving in the area and enlarging their portfolios. The renewable energy space has surged in importance, with California dubbed to be the key district that is garnering attention from investors and highly skilled talent alike. Houston and New York have also amplified their renewable energy presence, with a large commercial building in Manhattan – One Manhattan West – transitioning to 100% renewable fuels. Despite the scarcity of talent in renewable energy, the year ahead for this industry promises exponential growth and acceleration, and the specialist team at Selby Jennings are excited to see the future developments in this space. Interested in learning more about the current trends in commodities? Whether you’re a professional seeking opportunities or a business in need of the right talent, have a confidential discussion with our commodities talent team today.

sales-and-trading

Selby Jennings Partners with The Trading Show Chicago

Selby Jennings is partnering with The Trading Show Chicago for its 2021 exhibition. Held annually in Chicago, IL, this event brings together leaders from areas spanning across trading firms, algo trading, HPC, data, AI, and digital assets, where the industry’s leading firms showcase innovation and conduct business with premier institutional trading firms.The event, taking place October 5th-6th, marks the first in-person gathering for the organization since the beginning of the pandemic. Ben Hodzic, Selby Jennings Executive Director, believes that this presents a unique opportunity to attendees. "This year has brought challenges to recruiting that many of our clients have never experienced before. Our birds-eye view of the hiring landscape and need for exceptional talent has been an incredible resource to our clients as they navigate hiring in a candidate-driven market," said Hodzic. " We are very excited to take part in the Trading Show Chicago and meet with some of the industry's brightest minds to discuss unique approaches to recruiting that are required in a market like the one we are in today if you are going to secure the best and brightest talent out there."Jeff Koehler, Selby Jennings Director, will be leading a round table discussion at the event. Titled "Recruiting Strategies – How to Secure the Best Talent in a Competitive Market," the round table will be held on October 6th at 2:00 pm. Find the full agenda here.Want to book time with our team at the conference? Let us know your availability by filling out the form below.

sales-and-trading

Selby Jennings Partnership with The Trading Show Americas 2020

Selby Jennings has partnered with The Trading Show Americas 2020, which took place virtually, September 15th – 17th. This virtual conference brought together senior-level quants, traders and technologists to discuss and address the most critical developments impacting quant desks, crypto funds, and high-performance trading operations in 2020 and beyond.The virtual format of this year’s event, combining The Trading Show Chicago and The Trading Show New York, was a unique and exciting opportunity to bring together industry-leading professionals and an expansive group of attendees from across North America.Highlighting the value we brought to the virtual event, Selby Jennings Executive Director, Ben Hodzic, commented, “Our bird’s-eye view of the recruiting landscape brought a unique look in to the challenges and success stories of recruiting through a pandemic. The need for talented Traders, Quants, Technologists, and Risk Managers, who are equally as productive from home as they are in the office, is apparent now more than ever and we’re excited to bring this perspective to the conference this year.”During the conference, Selby Jennings Director, Jeff Koehler, joined an esteemed panel of specialists to discuss “HR Solutions – Competing with Big Tech for Quality Talent”. Jeff joined Hannah Van Campen, Manager of HR And Culture at Tower Research Capital, and Caroline Randazzo, Director of Recruitment & HR at 3Red Partners to discuss strategies for retention planning, modernization, and employee engagement. "Whether at the entry or experienced-level, big tech has been a major competitor for talent to the trading industry in recent years," shared Jeff Koehler. "It creates a challenge for both internal and agency recruiters, so I am keen to share our experience when it comes to attracting talent, managing expectations, and locking down offers when a job seeker is balancing both options. The trading industry can have an edge in many of these instances, and it all boils down to finding the angle as it applies to one’s motivations and career goals."To check out what types of Quantitative Research & Trading vacancies we have available here at Selby Jennings, click here.For more information on the conference, or how Selby Jennings can help with your recruitment needs, contact us today.

sales-and-trading

Hardware Acceleration in Trading: Introduction and Hiring Outlook

Hardware Acceleration in TradingFor some years, HFT (high-frequency trading) firms have invested in faster software and lower latency networks, but more recently their focus has turned to increasing network bandwidth and hardware processing speeds. Looking to increase revenue, traditional software is being replaced by hardware implementations of financial algorithms bringing the algorithms much closer to the source of the exchange data. As a result, financial markets are becoming increasingly competitive and latency-sensitive. Hardware Acceleration explainedHFT has equated to around 60% of equity trading volume in the US and UK markets, over the last five years.1 HFT trading has transformed the stock markets – and has been extremely controversial in the process. Using complex algorithms, this system of trading scans multiple markets for the smallest of opportunities and executes millions of orders at lightning speed. Traders might only make a small profit on each transaction, but by working fast and at high volume the returns can be considerable. Speed is of the essence for HFT firms: customers want trades executed in less than 100 nanoseconds and the US equity options market sees 25 million quotes and trades occur every second.2 This is why FPGAs (Field Programmable Gate Array) technology – a reprogrammable device that allows algorithms to be compiled into hardware running at near processor speeds – has piqued the interest of the trading markets. These silicon chips combine the best parts of custom designed ASICs and processor-based systems and accelerate functions otherwise performed by software. FPGA: impact on the Industry As financial markets are pushed towards hyper-liquidity, trading strategies are being forced to evolve. Decision-making relies less on human intervention and more on algorithms fed by high-speed, automated digital data feeds. Using FPGA-based systems, trading firms are able to select the data they want to watch. These systems also help ensure trading strategies achieve the right balance of speed, low latency, precision execution, and cross-asset trading. Benefits of FPGAsFPGAs bring with them a number of benefits: They accelerate some processes by an order of a magnitude (or more)The latency of this hardware means an end to the ‘jitter’ experienced with software and brings an edge to companies that utilize the technologyThey can be reprogrammed spontaneously (either completely or partly), avoiding the need to bring down an entire system simply to change a programFPGA processing is more deterministic, thus reducing functional risk and simplifying testing Risks to the IndustryEven though the benefits of FPGAs to traders are clear, uptake has been relatively slow. Firms looking to invest need to consider key factors – from regulatory changes to the rising costs of these solutions. Usage is often limited to recognized network applications, pack inspection and digital feed handling. Once HFT firms have invested in an FPGA-based solution, the race is on to develop smarter, more efficient, and more profitable algorithms. But FPGA development is much more difficult than software and lead times to deployment can be lengthy. With ongoing support in short supply, firms risk losing that competitive edge. Programmable hardware requires a totally new approach and much more planning than software. CPU-familiar software engineers lack the required skills, so the challenge for recruiters is to find individuals with the right combination of financial and engineering skills. Because such talent is in short supply, candidates with the right skills can command high salaries and may not want to stick around once a project has gone live.The Client Perspective - The Hiring PictureOver recent years, not surprisingly the bulk of the hiring for hardware talent within the trading industry has been in Chicago. A couple of firms have been very aggressive with hiring and scaling (with teams of over 10+ engineers) whilst others have focused on building small, dedicated teams. Whilst a handful of firms are very much on the right track and led by engineers who truly understand the industry, there are still trading firms who are heading down the hardware route with little strategy behind it.Without a doubt, it is a candidate driven market and there are challenges faced by many firms in a bid to source and attract talent:Lack of industry knowledge. The majority of hardware engineers in the industry are on their first or second role within a trading firm. It is difficult to tear them away – they are compensated very well, their work is still greenfield and exciting - plus they typically have hefty non-competes (unless they are in California, of course)This means that firms often look for candidates outside the industry. This has its own challenges. The majority of this candidate pool is based in Silicon Valley – where their skills can be applicable to multiple different industries in the start up world – flying cars, autonomous driving etc. For many of these candidates, relocating to Chicago to work in a trading firm is simply not on their radar or something that they are interested in. Narrow Focus. Many hardware engineers in technology companies – and especially those employed by larger companies – have responsibilities narrowly focusing on hardware development where knowledge in one or more additional fields including software engineering, algorithms, network engineering, or finance is desirable for careers in trading.The interview process. Many trading firms are still refining their interview process for hardware engineers. We have seen some cases of over 100 candidates being interviewed for 1 hire. Recommendations to Source TalentTap into candidate pools in locations such as Seattle, Idaho, Toronto, Phoenix.Take time to ‘sell’ and explain the firm/industry early on in the interview process. Many candidates have little knowledge or awareness of what a trading firm does and need to be educated on all the benefits early on.Be flexible and understand that many of the candidates will come from consulting/contract backgrounds – something that is typically frowned upon by trading firms.Recognize that you need to be flexible and competitive when it comes to compensation. The Candidate Perspective – The Future is Bright!Whilst the above paints a somewhat difficult picture from the client perspective, in fact, the outlook is bright and it is a great time to be a hardware engineer! Whilst 10 years ago, traders were seen as the key to success within an HFT firm, hardware engineers are now demanding all the kudos. Compensation packages are great (upwards of $500,000 total compensation for a seasoned hardware engineer within the trading industry), projects are still in early stages and you are highly sought after by your competitors!------------About UsSelby Jennings is a leading specialist recruitment agency for banking and financial services. For more than 15 years, we have given clients and candidates peace of mind that the recruitment process is in expert hands. Our continual investment in best-in-class technologies and consultant training enables us to recruit with speed, precision and accuracy. Today, Selby Jennings provides contingency and retained search recruitment across 11 offices in 6 countries. Contact us to find out how Selby Jennings can help you.

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