We are looking for brokers to join us

Does any of the following apply to you?

• Do you want to be in charge of your own destiny, make your own money doing the hours that suit you?
• Have you always wanted your own business and work for yourself but didn’t know where to start?
• Does setting up a new company seem a daunting task to you?
• Don’t you know where to start with accounts, VAT, limited company set up, major oil company vetting, office premises, brand, logo, EU legislation, insurance, telephones, stationary, IT, the list goes on and on?
• Can you make your contacts in the oil industry work for you instead of someone else?
• Are you approaching retirement but can’t face working full time one day and then it all stops the next. Do you still want to have some contact in the industry?
• Have you just started or about to start a family, and can’t work full time but want to work some hours to suit your circumstances?
• Do you want to be your own boss without pressures from above?
• Have you always wanted more holiday?
• Do you want to be a broker but don’t have the contracts and necessary documentation to start off?

If the answer is YES to any of the above , then read on.

Job Specification

Connect Oil is looking to expand its business by the introduction of a new broker in any grade of oil, gas or oil related commodity other than the brokerage of Connect Oils existing established markets.

The position will be similar to a franchise arrangement of Connect Oil but facilitating trades as Connect Oil whilst working remotely from the Oxford office. The attraction to the successful candidate would be total autonomy for them to run their own broking book as their own business with no input from Connect Oil by way of management unless requested by the candidate.

The principal idea is that Connect Oil can facilitate the candidate in running their own business using Connect Oil’s business model and facilities. This relieves the candidate’s concern about set up costs of a new business and putting in place a Limited company with all the associated requirements.

50% of the received income from deals broked by the candidate will be paid to the candidate. This payment may be received at the candidates option in either US$ or by using Connect Oil’s banking foreign exchange facilities and received in GBP £’s.

Role of Connect Oil

Connect Oil will offer the following to the candidate subject to contract :-

• If required and subject to the candidate, Connect Oil can offer an interest free loan to the candidate. This payment is designed to relieve the candidate of any financial concerns when setting up a new business. It will allow the candidate to establish their book in the initial period without the concerns of not having a disposable income. This investment is to be repaid to Connect Oil from earnings over a pre agree timescale.
• Full office back up. Once the candidate has concluded a trade the details will be passed to head office for them to validate the trade with the counterparties and then issue the contract. Connect Oil will then administer everything after that point. Connect Oil will ; Account for the sale as Connect Oil, Invoice the client, account for the VAT if applicable, receive funds direct to their business bank accounts, do VAT return if applicable, credit control / chase unpaid broker invoices and then pay the candidate their percentage of that income.
• Full accounts back up at Connect Oils cost, using their accountant. This is to include the candidates PAYE, National Insurance, Income Tax and Annual Personal Tax Return.
• Remote IT backup.
• Foreign Exchange Facilities and Bank Overnight Deposit accounts.
• Company Financial Advisor including personal pension advice.
• All stationery supplies.
• Holiday / Sickness cover by Connect Oil’s two other brokers.
• Benefit from established clients who have already vetted Connect Oil for trade / brokerage.
• Connect Oils website and e mail hosting.

Role of the candidate

The candidate responsibilities are as follows, subject to contract :-

• To introduce sales and advise the details to the Oxford office. Oxford will then validate the trade, check and issue the brokers contract.
• The candidate will have autonomy on their book. They can work for as much or as little time as they like. There will be no budgets set and no management or reporting lines. As far as the candidate is concerned they will be running their own business in this respect.
• The position can run for as long or as short a time period as the candidate wishes.

If you would like to talk to us about this opportunity then please either call us or use the Contact us page on this website.  We will treat every enquiry with total confidentiality.