Alankit - Head - Trading

Description:

We are looking for a Brokerage Head of Trading.

:

involves leading and overseeing trading operations, managing risk, and ensuring profitability.

Responsibilities:

• Developing trading strategies.

• Supervising traders.

• Managing risk.

• Ensuring compliance with regulations.

Key responsibilities:

Strategic and operational leadership:

• Develop and implement the firm's trading strategy.

• Oversee all trading activities to ensure profitable operation.

• Manage market, credit, and liquidity risks, and enforce risk limits.

• Ensure all trading systems are functioning properly and risk controls are in place.

Team and personnel management:

• Supervise, mentor, and train traders and other staff.

• Recruit and evaluate employees.

• Manage performance and conduct disciplinary actions when necessary.

Compliance and reporting:

• Ensure all trading activities comply with regulatory requirements and industry best practices.

• Manage and update transactional reporting processes in line with regulatory changes.

• Monitor and report on trading activities and performance to senior leadership.

Client and market management:

• Monitor client trading activity and provide insights to clients.

• Ensure top-level liquidity by managing relationships with providers.

• Adjust pricing based on market conditions and liquidity availability.

Key qualifications:

Education: Several years of experience in trading, brokerage operations, or a similar leadership role is essential.

Licensing: Must hold necessary licenses, such as the FINRA Series 7 and 63 in the United States.

Skills:

• Strong understanding of financial markets, trading strategies, and risk management.

• Excellent analytical, decision-making, and communication skills.

• Proficiency with trading software and platforms.

• Ability to work under pressure in a fast-paced environment.