The Dealer will be responsible for executing client trades, monitoring risk exposure, and managing the company’s dealing desk operations. The role requires a strong understanding of forex markets, derivatives, and trading platforms, along with the ability to act quickly in fast-moving market conditions while ensuring compliance with regulatory requirements.
Key Responsibilities:
- Execute and monitor client orders (manual and automatic) across forex, commodities, indices, and CFD products.
- Provide accurate pricing and spreads to clients, ensuring competitiveness and minimal slippage.
- Monitor real-time market conditions, news, and economic events that may impact trading activities.
- Manage risk exposure by hedging positions with liquidity providers and maintaining acceptable book balances.
- Identify and escalate unusual trading activity, market abuse, or potential compliance risks.
- Maintain constant communication with liquidity providers, brokers, and trading platform providers.
- Assist in managing the company’s P&L and risk limits across products.
- Ensure all dealing activities comply with company policies, CISI standards (if certified), and local/global regulatory requirements (FCA, DFSA, ESMA, CySEC, etc.).
- Support IT/Operations in troubleshooting trading platform issues (MT4, MT5, cTrader, etc.).
- Prepare daily, weekly, and monthly reports on client activity, exposures, and dealing performance.
- Provide market insights and trade commentary to the sales/relationship management teams.
Qualifications & Skills:
- Bachelor’s degree in Finance, Economics, Mathematics, or related field.
- 2–5 years of experience as a Dealer/Trader in forex, CFDs, or financial markets.
- Strong knowledge of FX instruments, derivatives, and market microstructure.
- Proficiency in trading platforms (MT4, MT5, cTrader, FIX API) and Bloomberg/Refinitiv terminals.
- Excellent numerical, analytical, and problem-solving skills.
- Ability to perform under pressure in a fast-paced, high-risk environment.
- Strong communication and teamwork skills.
- Flexible to work in shifts to cover global trading hours.
- Preferred Attributes:
- CISI certification or equivalent (advantage, not mandatory).
- Experience in risk management and hedging strategies.
- Familiarity with algorithmic/quantitative trading tools.
- Multilingual ability is a plus (English, Arabic, Mandarin, Russian, Hindi, etc.).
Job Types: Full-time, Permanent