Senior FX Trading Manager
2 days ago
Job Title: Senior FX Trading Manager
">About the Role:
We are seeking a highly skilled and experienced senior FX trading manager to join our Foreign Exchange (FX) department at Britannia Global Markets Limited.
The successful candidate will be responsible for overseeing the brokerage's FX trading operations, ensuring efficient execution of client trades, and managing relationships with liquidity providers.
Key Responsibilities:
- Liquidity Management: Oversee and optimize liquidity for the brokerage's FX trading operations, ensuring smooth integration of liquidity providers and market makers to deliver optimal pricing and execution to clients.
- Market Monitoring and Analysis: Monitor FX market conditions, including volatility, spreads, and liquidity trends, to ensure that the brokerage can respond to market changes promptly.
- Relationship Management: Build and maintain strong relationships with liquidity providers, banks, and financial institutions, negotiating and managing pricing, spreads, and credit terms.
- Risk Management and Compliance: Implement and maintain controls to mitigate liquidity risk, ensuring compliance with regulatory requirements related to liquidity, market conduct, and financial reporting.
- Trading System Support: Collaborate with the IT and trading operations teams to ensure that the liquidity management system integrates seamlessly with trading platforms.
- Reporting and Documentation: Prepare and maintain reports on liquidity performance, provider analysis, and market conditions, documenting liquidity management processes, protocols, and best practices.
Requirements:
- Extensive experience in liquidity management, FX trading, or financial markets, with a proven track record of managing liquidity within a brokerage, hedge fund, or bank.
- Strong understanding of FX market structure, liquidity providers, and trading platforms, as well as FX products, order flow, pricing mechanisms, and liquidity management techniques.
- In-depth knowledge of market regulations and compliance standards, with excellent analytical and problem-solving abilities, and strong communication and negotiation skills.
- Ability to work effectively under pressure and in a fast-paced environment, with a salary range of £90,000 - £120,000 per annum.
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