Job Description
Group Overview
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
This Junior Broker role sits on the U.S. Inflation desk, supporting the execution and broking of inflation-linked products within the Rates business. The desk focuses on instruments such as U.S. TIPS, inflation swaps, and breakeven trades, working closely with institutional clients to provide liquidity, pricing, and market insight.
Role Responsibilities
Actively support brokers in executing trades and managing client orders, with growing autonomy and judgment.
Maintain accurate trade records and ensure timely input into trading systems, adhering to compliance standards.
Resolve trade discrepancies and client queries efficiently, demonstrating ownership and professionalism.
Monitor market developments and news to identify trade opportunities and contribute strategic insights to the desk.
Deliver live quotes and trade details to brokers and traders, with increasing confidence in pricing and product knowledge.
Begin developing direct client relationships through calls, meetings, and consistent follow-ups to understand their trading needs.
Assist in onboarding new clients and contribute to expanding business with existing accounts in coordination with the Client On-Boarding team.
Reconcile broker commissions and maintain the commission allocation report with attention to detail.
Stay current on traded products, new instruments, and evolving market procedures to support informed broking.
Represent TP ICAP professionally in all client and internal interactions, contributing to the firm’s reputation and commercial success.
Experience / Competences
Essential
Strong proficiency in mathematics and analytical thinking, with growing confidence in applying market knowledge.
Demonstrated interest in financial markets and trading, with a proactive approach to learning and development.
Professional communication skills and ability to build and maintain client relationships.
Reliable under pressure, with initiative in resolving trade-related issues and supporting trade execution.
Team-oriented, collaborative, and able to contribute meaningfully to desk-wide projects.
High level of integrity, diligence, and alignment with TP ICAP’s values and conduct standards.
Desired
2-3 years of professional work experience, ideally within the financial markets.
Working knowledge of financial markets, trading instruments, and economic trends.
Commercial awareness and ability to identify potential trade opportunities.
Confidence in client-facing interactions and a growing ability to understand client needs.
Enthusiasm for continuous improvement and contributing to business development.
Role Band & Level
Professional, 4
Annual Salary
$75,000 - $100,000
#ICAP #LI-Onsite #LI-ENT
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
USA - 200 Vesey Street - New York, NY