Job Title: Institutional FX Broker
Location: City of London
Salary - Neg plus a highly attractive bonus scheme
Overview
My client seeks a highly motivated and experienced Institutional FX Broker to join the trading team. The ideal Broker will have a strong track record in foreign exchange markets, established relationships with institutional clients, and a deep understanding of global macroeconomics, market structure, and trading strategies. This role is focused on providing institutional clients with liquidity, execution services, and market insights, while expanding and maintaining a profitable book of business.
Key Responsibilities
- Client Relationship Management - Build, maintain, and grow relationships with institutional clients including hedge funds, asset managers, banks, and corporates.
- Execution & Trading - Provide best execution on spot, forward, and derivative FX products, ensuring compliance with client mandates and regulatory standards.
- Market Intelligence - Deliver timely market commentary, trade ideas, and strategic advice tailored to client needs.
- Business Development - Identify and onboard new institutional clients, expanding market share and revenue streams.
- Risk Management -Monitor market exposure, ensure adherence to trading limits, and manage operational risk.
- Collaboration - Work closely with sales, research, and trading teams to provide integrated client solutions.
- Compliance & Reporting - Ensure all activities comply with relevant regulations (e.g., MiFID II, Dodd-Frank) and maintain accurate trade records.
Qualifications & Skills
- Proven experience as an FX broker or trader with institutional client coverage.
- Strong understanding of FX products (spot, forwards, swaps, options) and related market drivers.
- Established institutional client network with a track record of generating revenue.
- Excellent communication, negotiation, and relationship-building skills.
- Ability to work in a high-pressure, fast-moving trading environment.
- Knowledge of global macroeconomic trends and central bank policy.
- Regulatory certifications as required in the relevant jurisdiction (e.g., FCA, FINRA, MAS).
Preferred Experience
- FX sales/trading with institutional clients.
- Experience in electronic trading platforms and market-making systems.
- Multilingual capabilities for servicing global clients.
Compensation
Competitive base salary performance-based commission/bonus, along with full benefits package.
