Head of Dealing room

icon Limassol
icon Forex
JOB DESCRIPTION

Ref#5466

 

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GRS Recruitment are working in partnership with a new international Forex Company who are seeking a Head of Dealing to join their friendly team. The successful candidate will be responsible for trading-related matters such as controlling the A/B book, evaluating market risks, maximizing the broker's profits and minimizing potential losses. If this sounds like the role for you, please reach out to Hayley Buckle at GRS Recruitment for more information about this Limassol based Head of Dealing role.
 
MAIN DUTIES AND RESPONSIBILITIES
  • Monitor daily, weekly and monthly client profitability, net asset value, margin data and market data. Conduct credit analysis, prepare risk reports, and employ hedging strategies
  • Preparation and review of Internal Capital Adequacy and Risk Assessment (ICARA)
  • Monitor clients' trading activities and patterns to identify any potential abusive practices, i.e. arbitrage, scalping, and develop systems to mitigate and prevent such practices
  • Assist in development and enhancement of risk and compliance framework, policies and procedures according to CySEC regulation or internal requirements
  • Learn about latest regulatory developments and best practices in risk management, market making and trading. Assist in the development of risk management tools, reports and systems
  • Provide training and mentorship to junior team members on risk management best practices
  • Liaise with MLRO to review Customer Risk Assessment (CRA) methodology and MLRO/Financial Office Business Risk Assessment (BRA)
 
CANDIDATE PROFILE
  • Degree holder in Finance / Risk Management / Business or related disciplines
  • Both CySEC Advanced and AML Certification are required
  • Minimum 5 years' relevant experience in investment risk control and compliance for financial institution (forex broker preferred) with deep knowledge of bridges and liquidity providers
  • Experience in trading as both user and admin, with deep understanding of MT4/5 or CTrader
  • Gain in-depth knowledge of financial instruments and markets, including Forex CFDs, futures, stocks and stock indices
  • Possess strong interpersonal, communication, and time-management skills
  • Good written and spoken English
 
Due to the high volume of applications we receive at GRS Recruitment, only shortlisted candidates will be responded to.
 
To apply for this position, please email your CV to Hayley Buckle, hayley@grsrecruitment.com quoting the above job reference or call +357 25 342 720 for further information.
Job Summary
  • icon
    2 June 2023
  • icon
    Permanent
  • 5466
  • hayley@grsrecruitment.com