Description:
We are looking for a Brokerage Head of Trading.
Job Description:
Job Description involves leading and overseeing trading operations, managing risk, and ensuring profitability.
Responsibilities:
- Developing trading strategies.
- Supervising traders.
- Managing risk.
- Ensuring compliance with regulations.
Key responsibilities:
Strategic and operational leadership:
- Develop and implement the firm's trading strategy.
- Oversee all trading activities to ensure profitable operation.
- Manage market, credit, and liquidity risks, and enforce risk limits.
- Ensure all trading systems are functioning properly and risk controls are in place.
Team and personnel management:
- Supervise, mentor, and train traders and other staff.
- Recruit and evaluate employees.
- Manage performance and conduct disciplinary actions when necessary.
Compliance and reporting:
- Ensure all trading activities comply with regulatory requirements and industry best practices.
- Manage and update transactional reporting processes in line with regulatory changes.
- Monitor and report on trading activities and performance to senior leadership.
Client and market management:
- Monitor client trading activity and provide insights to clients.
- Ensure top-level liquidity by managing relationships with providers.
- Adjust pricing based on market conditions and liquidity availability.
Key qualifications:
Education: Several years of experience in trading, brokerage operations, or a similar leadership role is essential.
Licensing: Must hold necessary licenses, such as the FINRA Series 7 and 63 in the United States.
Skills:
- Strong understanding of financial markets, trading strategies, and risk management.
- Excellent analytical, decision-making, and communication skills.
- Proficiency with trading software and platforms.
- Ability to work under pressure in a fast-paced environment.
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