Dealer - Limassol

  • Location:

    Cyprus, Limassol

  • Discipline:

    Forex

  • Job type:

    Permanent

  • Benefits:

    Salary of 3,000 Euros gross based on skills and experience + medical insurance + provident fund + lunch allowance

  • Published:

    14-05-2024

  • Expiry date:

    14-08-2024

  • Reference:

    2459

A well-established forex company in Limassol is looking for an experienced Dealer. 

Responsibilities:

  • Monitor the Company's trading platforms and systems and ensure that all feeds are updated, and fair values are correct, therefore ensuring that clients are trading at the best possible prices
  • Reconcile the liquidity providers' positions versus the in-house positions
  • Maintain deal recording and P&L on a daily basis
  • Submit the PNL and volume reconciliation on a daily basis and generate relevant reports to the Head of Dealing
  • Actively monitoring price feeds and clients’ trading activity and exposures and investigate suspicious trades
  • Monitor the overall Company's risk and hedge as appropriate to remain within agreed limits
  • Analyse data and make informed risk discussions based on data
  • Monitor the client's trading activity and all the relevant trading systems to ensure proper execution
  • Monitor the flow of transactions and identify any irregular activity or abusive trading behaviour
  • Oversee the clients' exposure in order to ensure risk tolerance as per risk management procedures 
  • Ensure the OEP for the financial Instruments is followed at all times
  • Maintaining close relationship with Liquidity and Data Providers and monitor connectivity
  • Ensuring smooth operation of MT4/5 trading platform
  • Ensure all platforms are updated so that customers can view the correct profits and losses
  • Stay up to date with global financial markets for all important announcements related to market volatility
  • Assist the Head of Brokerage with any other role related projects/assignments, such as EMIR and MiFIR Reporting Experience and 

Qualifications:

  • 3+ years of experience in the same or similar role within the financial services or trading industry
  • BSc Degree in Finance, Economics, Maths, or any relevant field
  • CySEC Advanced Certification
  • In-depth knowledge of the industry’s standards and regulations 
  • Excellent knowledge of MT4/MT5 platforms
  • Strong analytical skills and the ability to interpret data to drive actionable insights
  • Excellent written and verbal communication skills in English
  • Excellent communication skills with the ability to communicate detailed or complex information in an understandable way
  • Understanding of hedging mechanisms
  • Ability to work shift rotation
  • Ability to manage multiple tasks and meet deadlines in a fast-paced environment
  • Strong interpersonal skills and the ability to collaborate with cross-functional team

Working hours:

  • The working hours are 08:00 - 17:00 / 17:00 - 00:00 (onsite)

Salary:

  • The company is offering a salary of 3,000 Euros gross based on skills and experience, medical insurance, provident fund and lunch allowance

To apply:

Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Dealer with reference number 2459.
Or you can apply directly through your candidate login by hitting the APPLY button.