Head Trader eFX Spot – Associate-Director

Swissquote; Schweiz; Remote; CHF 230,000 - 320,000; Full time

Job summary

Swissquote is seeking an Associate-Director in the FX & DA Trading department to lead the eFX Spot team. You will report to the Head Spot Vice-Director and manage the team’s operations, risks, and performance.

You will oversee hiring, data-driven improvements, and cross-functional collaboration to ensure a high-quality trading experience for clients. The role requires deep experience in sell-side electronic FX trading, leadership capabilities, and a strong grasp of market microstructure.

Qualifications

• Experience in sell-side electronic FX trading.
• Leadership experience is a strong advantage.
• Strong understanding of market microstructure.
• Ability to transform large data sets into actionable insights.
• Excellent communication and teamwork skills.

Responsibilities

• Lead the eFX Spot team and supervise operations.
• Oversee hiring with Talent Acquisition Partner.
• Manage performance reviews and coaching.
• Own realized risk and PnL.
• Ensure compliant operations and client experience.
• Collaborate with Sales, IT, and internal teams.
• Monitor risk, orders, trades and market conditions.
• Drive product and infra improvements.

Skills

Team leadership

FX trading knowledge

Data analysis

Stakeholder management

Communication

Tools

Pricing systems

Risk monitoring tools

Job description

• Full-time
• Managerial role: Yes

Company Description

At Swissquote, we’re all in.
All in to shake things up. All in to build the bank people actually want to use. All in to make finance less boring — and a lot more powerful.

We’re Switzerland’s leading digital bank — 1,400+ people across Europe, the Middle East and Asia, building real financial solutions for over a million clients worldwide. From trading and investing to everyday banking, we cover the full picture. We move fast, but we build things we’re genuinely proud of. Have a look behind the scenes by checking Humans of Swissquote on Instagram.

Growing fast creates room. Room to try things, own things, and grow at a pace most places can’t offer. Whether you like the spotlight or prefer to just put your head down and do great work, there’s space for both here.

We’ve ditched the dress code — but never the chance to celebrate. Big win or small, we make it count. The kind of place where the atmosphere takes care of itself.

As an equal opportunity employer, we welcome candidates from all backgrounds, experiences and perspectives to join our team and contribute to our shared success.

Feeling it? It’s a good start.

Job Description

As an Associate-Director in the FX & DA Trading department, you will be in charge of the eFX Spot team. Reporting directly to the Head Spot Vice-Director, you will supervise the operational activities and manage people in accordance with your senior management.

Key responsibilities

Team Management:

• Leading and supporting the eFX Spot team:
  • Fostering a positive work atmosphere where employees feel motivated, valued, and connected to the team and the organization.
  • Promoting collaboration, trust, and cohesion among team members.
  • Addressing any potential conflicts among team members to your senior management and/or HR Partner
  • Supporting employee growth through training, mentorship, coaching, and advancement opportunities.
• Hiring:
  • Leading the recruitment process with your Talent Acquisition Partner
  • Ensuring new hires are properly introduced to the team, the organization, its culture, policies, and their specific roles.
• Performance Management: Setting performance expectations, providing feedback, conducting performance reviews, and addressing any performance issues.
• Conducting under performance process with the help of your Senior Management and HR Partner.
• Own the realized risk and PnL
• Ensure successful and compliant operations
  • Monitor orders, trades, overall market conditions, news flow, real-time risk and PnL
  • Fine-tune price construction, execution and risk management production systems
  • Monitor the overall client activity and ensure flow quality, as well as smooth client trading experience
  • Maintain a gainful network of hedging counterparties and market venues
• Analyze results, identify and drive improvements
• Data analysis: Use internal analytical tools and your own quantitative capabilities to draw data-driven conclusions, suggest actions, deliver reporting
• Documentation: maintain up-to-date operational procedures and ensure compliance
• Collaborating: Be a reference point for Sales, Software Engineers, IT colleagues and other internal teams
• Project Management: Contribute to product development and infrastructure improvements
• Monitoring: team’s capacity allocation

Qualifications

• Experience in sell-side electronic FX trading is a must
• Previous experience in a leadership role is a strong advantage
• Deep understanding of market (micro)structure
• Good understanding of client needs and the competition landscape
• Proficient in transforming large data sets into actionable insights
• Ability to prioritize and deliver multiple tasks in a deadline-driven environment
• Excellent interpersonal skills, results-oriented, team player
• Excellent communication and presentation skills