Head of Foreign Exchange Trading

Overview

The Head of Foreign Exchange Trading is responsible for the timely buying and selling of foreign currencies. This role recommends competitive foreign exchange rates based on market performance. The Trader is responsible for analyzing global economic data, manages risk and executes trades within established strategies and risk levels.

What You’ll Do

Duties and Responsibilities

• Prices exchange rates in accordance with pricing schedules to drive profitability and sales. 
• Buys and sells currencies with liquidity providers in the foreign exchange markets. 
• Trades with counter-party entities utilizing their internet trading systems. 
• Buys and sells currencies with customers including foreign currency for outgoing or incoming wires, foreign currency drafts, foreign checks, letters of credit, documentary collections and customers’ foreign currency accounts. 
• Provides excellent customer support by responding to inquiries, providing rates, and assisting with procedural matters. 
• Accurately enters trades in FX systems and maintains reports. 
• Contacts and works with technical teams to maintain FX systems and ensure they are performing in an optimal manner. 
• The Trader is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.

Requirements For Success

Knowledge, Skills, and Abilities

• Education: Bachelor's degree in finance, accounting or a related field or equivalent education experience can be substituted.
• Experience: 15+ years of experience in foreign exchange trading.
• Required Skills:
  • Ability to evaluate economic indicators, geopolitical events, and market sentiment to predict currency movements.
  • Significant knowledge of FX regulations and reporting requirements
  • Ability to adjusts strategies in response to market volatility and unexpected events.
  • Builds models to project currency movements and portfolio performance.
  • Proficiency in quantitative analysis, Excel, and trading platforms
  • Programming Languages: Python, Java, FIX Protocol, Easy Language, C, C++, Visual Basic, VBA, SQL, MQL4/5
• Preferred Skills:
  • Multilingual
  • Chartered Market Technician, Series 7, Series 63, Series 55, Series 4, JAVA Certified

Conditions of Employment

Position requires schedule flexibility to work evenings and weekends as needed.

This position requires up to 50% travel.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Pay Range