€48,000 - €72,000 yearly
ULTRA Recruitment
Limassol, Cyprus
A new international Forex Brokerage is looking for an experienced Head of Dealing to join their team.
The ideal candidate should possess 4-8 years of Forex and CFD trading experience and be able to effectively manage all trading-related matters, evaluate market risks, and maximize the broker's profits while minimizing potential losses.
Location: Limassol Salary: EUR 48k - 72k
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 to control the A/B book and maximize the broker's profits while minimizing potential losses.
Prepare and review Internal Capital Adequacy and Risk Assessment (ICARA).
Monitor clients' trading activities and patterns to identify any potential abusive practices, such as arbitrage and scalping, and develop systems to mitigate and prevent such practices.
Assist in the development...