Head of Dealing on own Account (Forex) – Limassol

  • Career Level Manager
  • Experience 4 Years
  • Industry Forex
  • Qualification Bachelor Degree
Job Description

Advance Career, on behalf of our client, a Forex Company in Limassol, is seeking to recruit a Head of Dealing on own Account;

Responsibilities:
Overseeing algorithmic execution
Real-time monitoring of algorithmic trading activities for signs of disorderly trading
Monitoring the company’s exposures, ensuring they remain within the approved limits
Maintaining close relationships with Liquidity Providers
Ensure the Trading Desk is fully staffed and operating effectively
Liaise closely with the London Trading Desk
Monitoring price feeds to ensure smooth pricing on all trading platforms
Monitoring reception and transmission of orders to ensure proper execution
Preparing regular and ad-hoc reports to key stakeholders
Performing routine monitoring tasks to ascertain system performance
Keeping up to date with financial markets
Implementing internal policies and procedures

Qualifications:
A University graduate of Mathematics, Economics, Finance, Accounting, Business or any other relevant field
Minimum 4 years of experience working in a Trading related role, including a minimum 2 years of experience in a CySEC regulated CFD Brokerage
Excellent knowledge of MT4 platform
Advance CySEC certification
Understanding of algorithmic trading is a must
Knowledge of Crypto-currency trading a plus
A strong understanding of best execution policies and procedures according to MiFID II
Understanding of hedging mechanics
Knowledge of the Transaction Reporting process
Strong knowledge of MS Excel, Word and Powerpoint
Data analysis skills an advantage (using for example Python, Tableau and VBA)
Strong communication & organizational skills
Attention to details and strong analytical skills
Ability to work independently and as part of a global team
Ability to work under pressure and meet daily deadlines
Fluent in English (Verbal & Written)
Knowledge of MT4 Admin will be considered as an advantage
Knowledge of Bridging Tools will be considered as an advantage

Benefits:
An attractive remuneration package will be offered to the successful candidate