Head of Dealing (B2B Institutional Operations)

Limassol, Limassol, Cyprus
Full Time
Experienced
Overview

You will own the end-to-end dealing function for institutional-style flow: pricing governance, execution quality, real-time exposure control, hedging/routing logic, and operational resilience. The role is hands-on and strategic responsible for designing and running a robust framework for multi-stream pricing (e.g., A/B tiers, flow-segmented streams, LP-specific streams, toxic-flow mitigated streams) and ensuring dependable FIX-based distribution and connectivity.

You’ll collaborate closely with technology, risk, and senior leadership to build a scalable dealing architecture and control environment aligned to growth and regulatory expectations.


Responsibilities

•  Lead day-to-day dealing and trading operations across FX and multi-asset CFDs, ensuring accurate trade lifecycle controls, clean books, and stable execution under volatility.

•  Own FIX connectivity and institutional execution workflows (sessions, symbology, order types, throttling, heartbeat/reconnect, sequencing, drop-copy, rejects management).

•  Design and operate multiple pricing streams for different client segments and flow profiles (e.g., institutional vs retail broker flow, toxic vs soft flow, region-specific sessions, spread/markup tiers, depth profiles).

•  Build and govern the pricing framework: aggregation logic, executable book depth, markups, skewing, dynamic spread controls, quote filtering, LP selection, and fallback logic.

•  Implement toxic-flow controls and flow monetization levers: segmentation, routing rules, latency controls, last-look policy governance (where applicable), execution limits, and risk-based pricing adjustments.

•  Develop real-time risk monitoring and escalation protocols: exposure limits, concentration risk, stress triggers, margin adequacy, hedging slippage, and liquidity outages.

•  Own hedging/routing strategy oversight: internalization vs externalization rules, hedge thresholds, venue/LP routing, post-trade reconciliation, and PnL attribution (client vs hedge vs spread capture).

•  Execution quality & TCA governance: monitor slippage, fill ratios, reject ratios, re-quotes (if any), latency, and LP performance; drive continuous improvements and vendor accountability.

•  Regulatory alignment and reporting support across jurisdictions (offshore + international footprint): trading controls evidence, best execution-style metrics where relevant, and operational risk documentation.


Requirements

•  8–10+ years in FX/CFD dealing, trading operations, liquidity/risk, or institutional execution roles (broker, LP, prime-of-prime, or multi-asset CFD venue).

•  Strong FIX expertise (required): proven experience implementing/operating FIX-based price and execution distribution, including production support and partner onboarding.

•  Understanding of institutional / HFT-adjacent flow and best practices for safeguarding execution quality and profitability.

•  Demonstrated ability to build and manage liquidity/pricing streams: aggregation, markups, segmentation, depth shaping, stream governance, and quote quality controls.

•  Deep understanding of market microstructure and execution risk: spread formation, liquidity fragmentation, information leakage, toxic flow dynamics, and volatility regime behavior.

•  Strong command of risk controls and margin methodologies for leveraged products; ability to make real-time decisions under pressure with clear escalation discipline.

•  Experience leading teams and operating in regulated environments with audit-ready processes and strong operational risk.

•  Excellent stakeholder management across technology, compliance and senior leadership.



Nice to Have

•  Experience with pricing/risk automation (rule engines, real-time analytics, anomaly detection, AI-assisted monitoring).
•  Familiarity with bridges/aggregation stacks and multi-venue connectivity patterns (e.g., institutional bridges, liquidity hubs, internal pricing engines).

•  Cross-border regulatory exposure (EU/UK concepts plus offshore frameworks) and comfort operating with multi-entity structures.


Conditions
  • Competitive remuneration reflecting your skills, contribution, and experience.
  • Comprehensive private medical insurance for your peace of mind and well-being.
  • Relocation support package (if applicable) — including visa and work permit arrangements to ensure a smooth move to Cyprus.
  • Welcome Baby Bonus to celebrate life’s most joyful milestones.
  • Birthday Voucher to make your special day even brighter.
  • Fully equipped, modern workplace offering daily fresh fruits, Wednesday breakfasts, Thursday pizza days, and Friday snacks — because great work deserves great food.
  • Sports and wellness benefits, including company-subsidized gym memberships and wellness programs to help you stay active and energized.
  • Support with integration into life in Cyprus, including guidance on local healthcare, banking, and accommodation.
  • Continuous learning and professional growth opportunities, including internal training, conferences, and skill-development initiatives.
  • Greek language classes to help you adapt smoothly to local life and culture.
Share

Apply for this position

Required*
We've received your resume. Click here to update it.
Attach resume as .pdf, .doc, .docx, .odt, .txt, or .rtf (limit 5MB) or Paste resume

Paste your resume here or Attach resume file

Human Check*