Head of Operations - Forex Industry

Confidential Company

Posted 30+ days ago

Experience

10 - 15 Years

Education

Any Graduation

Nationality

Indian

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  • Oversee and optimize all operational aspects of the Forex business, ensuring seamless execution of trades and transactions, including payment processing and reconciliation.
  • Develop and implement operational strategies to enhance efficiency, reduce costs, and mitigate risks, including the automation of key processes.
  • Lead and mentor the operations team, fostering a high-performance culture and providing ongoing training and development opportunities, focusing on regulatory compliance.
  • Ensure strict adherence to regulatory requirements and industry best practices, including KYC/AML procedures and reporting obligations, especially in the Forex market.
  • Manage relationships with key stakeholders, including liquidity providers, brokers, and technology vendors, ensuring optimal service delivery.
  • Monitor and analyze operational performance metrics, identifying areas for improvement and implementing corrective actions, using advanced analytics.
  • Develop and maintain operational policies and procedures, ensuring they are up-to-date and compliant with all relevant regulations.
  • Manage and mitigate operational risks, including fraud prevention, system failures, and cybersecurity threats, using advanced risk management techniques.
  • Oversee the onboarding of new clients and the maintenance of existing client accounts, ensuring a smooth and efficient client experience, focusing on high-net-worth individuals.
  • Collaborate with other departments, such as sales, marketing, and technology, to achieve overall business objectives, ensuring alignment and efficient workflows.

Desired Candidate Profile

  • A Bachelor's degree in Finance, Business Administration, or a related field is required.
  • Possession of relevant certifications such as Series 3 or equivalent is highly desirable.
  • Minimum of 10 years of experience in the Forex industry, with at least 5 years in a senior operations management role.
  • Proven experience in managing and leading operations teams within a Forex brokerage or financial institution.
  • Strong understanding of Forex trading platforms, market dynamics, and regulatory requirements (e.g., MiFID II, EMIR, Dodd-Frank).
  • Exceptional analytical, problem-solving, and decision-making skills, with the ability to work under pressure.
  • Excellent communication, interpersonal, and leadership skills, with the ability to build and maintain strong relationships.
  • A strong understanding of risk management principles and the ability to identify and mitigate operational risks.
  • Proficiency in relevant software and technologies, including trading platforms, CRM systems, and data analytics tools.
  • Experience working in a global environment, with the ability to manage and coordinate operations across multiple time zones.

Employment Type

    Full Time

Department / Functional Area

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Confidential Company

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