Head of dealing

Our client is a Cyprus Investment Firm authorised and regulated by CySEC with offices in Limassol. They’re currently looking for a Head of Dealing to join their team. The successful candidate will have a minimum of 4 years experience in a similar role and ideally will be experienced in a managerial role.

Job Responsibilities

Developing trading policies and procedures for the department

Developing and implementing effective methods of detection and remediation of trading fraud

Monitoring company’s exposure: FX, CFDs trading portfolio, ensuring the company is within approved limits, policies, and procedures

Collaborate with the Risk Management Department

Monitoring and ensuring the smooth and correct operation of the company’s crm systems and trading platforms.

Providing key parties with daily trading statistics

Creating and maintaining close relationships with Partners

Prepare reports for the Management.

Hand-on experience with bridge providers, configuration, and monitoring, preferably;

Obtaining FX pricing from Liquidity providers, monitoring margin levels at LPs, ensure that orders placed at LP do not stop-out and hedging works effectively.

Review spreads, commissions

Facilitate swaps and corporate actions as required.

Identify and respond to any possible fraudulent/abusive trading activity or suspicious activity.

Responsible for recruitment, training, assigning tasks, scheduling shifts and coaching of team.

Being willing to assist with company IT manager for dealing related software development

Requirements

A degree in Finance, Economics/ Finance/ Mathematics/ Statistics/ Actuarial or other related field

Previous experience in a Supervisory, Dealing position will be considered an advantage

4 years + Forex experience

Must be fluent in the English language

Excellent numerical and statistical skills

Ability to work under pressure

Ability to work in a fast-paced environment

Excellent knowledge of Financial Markets

Excellent knowledge of MS Excel

Excellent oral and written communication skills

Knowledge of MT4 platform will be considered as an advantage

Holders of relevant CySec certificates eg Execution, Dealing own account will be considered an advantage