On behalf of our client, a well-established international brokerage and financial services group, we are seeking to recruit an experienced Head of Dealing (Chief Dealer)to join their growing team in Nicosia.

Operating across multiple international markets, the company provides trading and investment services to a global client base through a regulated and technology-driven environment. Due to continued growth, the company is seeking a highly experienced dealing professional to lead its trading operations, execution management, liquidity relationships, and risk oversight function.

Position Overview

This is a senior leadership role responsible for overseeing the Company's dealing operations, execution quality, trading risk management, and liquidity infrastructure.

The successful candidate will have strong experience in multi-asset dealing environments and a deep understanding of execution management, exposure monitoring, hedging strategies, client flow analysis, and liquidity provider management.

The role requires both strategic and hands-on involvement in managing trading risk, identifying toxic flow, optimizing execution quality, and supporting the Company's continued growth across international markets.

Key Responsibilities

Dealing Operations & Execution Management

Lead, supervise, mentor, and develop the Dealing Team
Oversee daily dealing operations across multiple trading platforms
Monitor execution quality, order routing, fill ratios, slippage, and trading performance
Ensure efficient execution management and adherence to internal dealing procedures
Continuously optimize execution settings and trading environment performance

Risk Management & Exposure Control

Monitor and manage the Company's market risk exposure across all asset classes
Develop and implement effective hedging strategies to manage risk and protect profitability
Monitor net open positions, client concentration risk, symbol exposure, and market event risks
Evaluate and manage A-Book, B-Book, and Hybrid execution models
Review exposure reports and ensure appropriate risk mitigation measures are implemented
Monitor trading activity during major market events and periods of increased volatility

Client Flow Analysis & Toxic Flow Detection

Analyze trading behavior and client flow characteristics
Identify and manage toxic flow, latency arbitrage, high-frequency trading activity, news trading, aggressive scalping strategies, and other potentially harmful trading patterns
Monitor client profitability metrics and trading behavior trends
Develop risk parameters and escalation procedures for suspicious or abusive trading activity
Work closely with Compliance and Risk departments where necessary

Liquidity & Trading Infrastructure

Manage relationships with Liquidity Providers (LPs), Prime Brokers, and execution venues
Monitor LP performance, execution quality, spreads, rejections, and fill rates
Optimize liquidity distribution and execution routing across providers
Support configuration and optimization of bridges, aggregation systems, and execution infrastructure
Participate in on-boarding and evaluation of new LPs and technology providers

Trading Platform Configuration

Configure and manage trading instruments, markups, commissions, swaps, trading sessions, leverage settings, and execution parameters
Support the ongoing optimization of trading conditions and product offerings
Work closely with Technology teams regarding platform enhancements and trading infrastructure improvements

Reporting & Stakeholder Management

Prepare and present regular reports on exposure, risk, execution quality, LP performance, profitability, and trading activity
Provide recommendations to Executive Management regarding trading strategy, risk management, and operational improvements
Collaborate with Compliance, Risk, Operations, Finance, and Technology teams

Candidate Profile

Essential Requirements

Minimum 5 years of experience within a brokerage, trading services provider, or multi-asset trading environment
Proven experience as Head of Dealing, Chief Dealer, Senior Dealer, or equivalent leadership position
Strong understanding of A-Book, B-Book, and Hybrid execution models
Demonstrated experience managing exposure, hedging strategies, and execution risk
Strong knowledge of client flow analysis, toxic flow identification, latency arbitrage, scalping strategies, and execution monitoring
Experience managing relationships with Liquidity Providers and execution venues
Strong understanding of trading platform configuration and execution management
Excellent analytical, leadership, and decision-making skills

Highly Desirable

Strong hands-on experience with MT5, cTrader, Centroid, OneZero, PrimeXM, or similar brokerage technologies
Experience managing multi-asset trading environments including FX, Commodities, Indices, Equities, and Digital Assets
Experience supporting international client flows across multiple regions
Experience working within regulated environments such as CySEC, FCA, ASIC, DFSA, or equivalent regulatory frameworks
Knowledge of advanced execution analytics, LP performance analysis, and liquidity optimization

Remuneration & Benefits

Monthly Gross Salary: €5,000 – €6,500 (depending on experience and qualifications)
13th Salary
Performance-based annual bonus
Opportunity to join a well-established international financial services group
Exposure to international markets and high-volume trading operations
Professional growth and leadership opportunities
Dynamic and collaborative working environment

Important Note

This role requires hands-on dealing, execution management, liquidity management, and trading risk experience.

Applications from candidates whose experience is primarily focused on sales trading, account management, customer support, operations, or general financial markets exposure without direct dealing and risk management responsibilities may not be considered.