Senior Trader/Dealing
  • England,London
  • full-time
  • Competitive salary
Job Description:
Key Responsibilities:
Trading Execution: Execute CFD trades on behalf of clients and proprietary accounts in line with the company’s strategy, focusing on profitability and minimizing risk.
Market Monitoring: Monitor global financial markets in real-time, identifying trading opportunities and managing market risks.
Risk Management: Develop and implement effective risk management strategies, ensuring that risk limits and trading strategies align with the firm’s risk appetite and regulatory requirements.
Spread and Liquidity Management: Manage and optimize spreads, ensuring competitive pricing for clients while maintaining profitability. Work with liquidity providers to ensure deep liquidity in all market conditions.
Client Interaction: Support client trading activities by providing market insights, technical analysis, and guidance on strategies related to CFD trading. Maintain excellent relationships with high-net-worth individuals (HNWIs) and institutional clients.
Data Analysis: Use quantitative and qualitative data analysis to assess market trends, improve decision-making, and refine trading strategies.
Automation and Algorithms: Collaborate with the technology team to enhance trading systems, algorithms, and automated trading strategies for CFDs.
Compliance and Regulation: Ensure all trading activities comply with local and international regulations (e.g., FCA, ESMA). Collaborate with the compliance team to maintain best practices in market conduct.
Reporting: Produce daily, weekly, and monthly reports on trading performance, risk exposure, and market trends to senior management.
Leadership and Mentoring: Provide guidance and mentorship to junior traders and assist with their development within the team.
Key Performance Indicators (KPIs):
Profitability of CFD trading activities.
Management of risk within prescribed limits.
Execution efficiency, including trade accuracy and latency.
Spread and liquidity optimization.
Client satisfaction and retention through trading support.
Compliance with regulatory and risk management frameworks.
Qualifications and Skills:
Experience: At least 7-10 years of experience in trading CFDs, with a deep understanding of multiple asset classes (e.g., forex, commodities, indices, equities).
Education: Bachelor’s degree in Finance, Economics, Mathematics, Computer Science or a related field. A master’s degree or professional qualification (e.g., CFA, FRM) is a plus.
Technical Skills: Proficiency in trading platforms such as cTrader, or proprietary trading systems. Strong understanding of automated trading systems and algorithmic trading.
Analytical Skills: Advanced skills in market analysis, including technical and fundamental analysis. Strong command of Excel, VBA, or other analytical tools for financial data.
Risk Management: Extensive knowledge of risk management principles and tools. Ability to develop and implement risk controls.
Regulatory Knowledge: Familiarity with relevant regulations such as those set by the FCA, ESMA, or MiFID II. Understanding of compliance requirements in a CFD brokerage environment.
Interpersonal Skills: Strong communication and client management skills, with the ability to interact with high-net-worth individuals, institutional clients, and internal stakeholders.
Decision-Making: Ability to make fast, informed decisions under pressure while maintaining focus on risk management.
Teamwork: Proven ability to lead, mentor, and develop junior trading talent within the team.
Preferred Skills and Competencies:
CFD Market Expertise: Comprehensive understanding of the CFD industry, including trends, competitive landscape, and regulatory changes.
Technical Proficiency: Proficiency in programming languages such as Python or R, along with experience in developing or utilizing trading API integrations, is highly advantageous. A background in economic quantitative analysis or hands-on experience in market analysis is also beneficial, as these skills support data-driven decision-making and enable a deeper understanding of market patterns, risk assessments, and strategy development within trading environments.
Client Focus: Ability to deliver high-quality service and support to clients, tailoring advice and strategies to their individual needs.
Languages: Proficiency in English; Mandarin is a plus. 
Benefits:
Competitive base salary with performance-based bonuses.
Opportunity to work with a leading CFDs broker in a fast-paced, global trading environment.
Professional development opportunities and continuous learning.
Flexible working environment.
Job number 1673018
metapel
Company Details:
eFinancial Careers
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