We are looking for a Brokerage Head of Trading
Job Description involves leading and overseeing trading operations, managing risk, and ensuring profitability . Responsibilities include developing trading strategies, supervising traders, managing risk, and ensuring compliance with regulations. Key qualifications include a bachelor's degree, experience in trading or brokerage, strong analytical and leadership skills, and relevant licenses.
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 : A bachelor's degree in Finance, Economics, or a related field is typically required.Experience : 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.