Head Trader Foreign Exchange Spot

Job Description

As an Associate-Director in the FX & DA Trading department, you will be in charge of the eFX Spot team. Reporting directly to the Head Spot Vice-Director, you will supervise the operational activities and manage people in accordance with your senior management.

Key responsibilities

Team Management:

• Leading and supporting the eFX Spot team:
  • Fostering a positive work atmosphere where employees feel motivated, valued, and connected to the team and the organization.
  • Promoting collaboration, trust, and cohesion among team members.
  • Addressing any potential conflicts among team members to your senior management and/or HR Partner
  • Supporting employee growth through training, mentorship, coaching, and advancement opportunities.
• Hiring:
  • Leading the recruitment process with your Talent Acquisition Partner
  • Ensuring new hires are properly introduced to the team, the organization, its culture, policies, and their specific roles.
• Performance Management: Setting performance expectations, providing feedback, conducting performance reviews, and addressing any performance issues.
• Conducting under performance process with the help of your Senior Management and HR Partner.

Operational duties:

• Own the realized risk and PnL
• Ensure successful and compliant operations
  • Monitor orders, trades, overall market conditions, news flow, real-time risk and PnL
  • Fine-tune price construction, execution and risk management production systems
  • Monitor the overall client activity and ensure flow quality, as well as smooth client trading experience
  • Maintain a gainful network of hedging counterparties and market venues
• Analyze results, identify and drive improvements
• Data analysis: Use internal analytical tools and your own quantitative capabilities to draw data-driven conclusions, suggest actions, deliver reporting
• Documentation: maintain up-to-date operational procedures and ensure compliance
• Collaborating: Be a reference point for Sales, Software Engineers, IT colleagues and other internal teams
• Project Management: Contribute to product development and infrastructure improvements
• Monitoring: team’s capacity allocation

Qualifications

• Experience in sell-side electronic FX trading is a must
• Previous experience in a leadership role is a strong advantage
• Deep understanding of market (micro)structure
• Good understanding of client needs and the competition landscape
• Proficient in transforming large data sets into actionable insights
• Ability to prioritize and deliver multiple tasks in a deadline-driven environment
• Excellent interpersonal skills, results-oriented, team player
• Excellent communication and presentation skills

Additional Information