Dealer (German Market)

Monex Global; Amsterdam; On-site; EUR 90,000 - 160,000; Full time

Job summary

Monex Global in Amsterdam seeks an experienced FX Dealer to execute client orders and manage hedges with counterparties. You will advise clients based on their profile, maintain trading logs, and ensure adherence to regulatory requirements while supporting onboarding and risk controls.

The role requires a strong background in FX markets, a senior operational mindset, and fluency in English and German. You will collaborate with sales and other departments to drive sustainable growth.

Qualifications

• Proven experience of working within a regulated investment firm.
• Proven track Record with French Clients.
• Proven track record of operating at a senior level within a commercial environment.
• Strong knowledge of markets and the FX regulatory landscape.
• Demonstrated risk management and compliance capabilities.

Responsibilities

• Execute client orders in Foreign Exchange products with accuracy and integrity.
• Manage hedge positions with banking counterparties and maintain logs per policy.
• Provide suitable advice based on client requirements and knowledge.
• Maintain client and counterparty relationships and support onboarding.
• Collaborate with Sales and other departments to develop business opportunities.

Skills

FX trading

Regulated environment

Risk management

Client relations

KYC knowledge

English fluency

German fluency

Tools

MS Office

Bloomberg

FXDB (In House)

Barx

Arena

GS Portal

Workday

Job description

FX Dealer | Amsterdam

Monex is a leading global financial solutions provider, offering a complete set of tools to support business growth and strategic financial operations.

Monex is a leading global financial solutions provider, offering a complete set of tools to support business growth and strategic financial operations. We specialise in FX risk management and international payments, helping corporate and institutional clients design tailored FX solutions to navigate currency volatility with confidence. Our team of FX specialists implement well-considered currency strategies, offering dedicated support to help clients manage their payment needs – whether for goods, services, or direct investments. In 2023, Monex facilitated $309 billion in FX turnover, managed $10.7 billion in assets, and processed 8.5 million transactions. With offices across North America (Canada, the US, and Mexico), Asia (Singapore), and Europe (the UK, Spain, and the Netherlands), we serve over 66,000 clients worldwide. By combining global reach with deep local market expertise, Monex enhances businesses with a suite of financial solutions and FX market analysis to help optimise efficiency, mitigate currency risk, and protect margins in an increasingly complex financial landscape. Our corporate client experience is further enhanced by our dedicated sector expertise across a range of industries.

Department Overview

The Trading department engages in financial market transactions and evaluates investment opportunities in currencies. It is responsible for the day-to-day management of trades, determining prices and executing Client trades in Monex products (FX Spot, Forwards, Options) in accordance with its regulatory requirements.

Job Overview

The Trading team are responsible for executing client orders in Foreign Exchange products and for executing the firm’s hedge position with banking counterparties. Traders liaise directly with clients and provide suitable advice based on their knowledge of the client and the client’s requirements and execute their orders accordingly.

Key Responsibilities & Accountabilities

• Understanding the market in which Monex operates and the factors necessary to undertake trading services for clients;
• Ensuring adequate knowledge of their client (Knowing Your Customer; KYC) to deliver appropriate and suitable products, services and advice and support onboarding;
• Maintaining a knowledge and understanding of the economic climate and the likely impact upon Monex and its clients;
• Understanding and managing market risk, counterparty risk and the operational risk which arises from the traders own activity;
• Executing client orders with integrity, ensuring high service standards and in accordance with Monex values and policies;
• Executing back-to-back transactions with Banking Counterparties in accordance with Monex policies, respecting market convention and the requirements of counterparties;
• Recording and maintaining all trading activity logs in accordance with Monex policy using Monex approved media;
• Identifying and avoiding conflicts of interest;
• Maintaining good client relationships built on integrity, trust and the client’s best interests;
• Maintaining good Counterparty relationships built on mutual respect;
• Liaison with other Monex departments to provide the fullest assistance as required;
• Liaison with Sales Staff in order to engender and maintain good client relations and sustainable business practices;
• Provide input into business development to ensure Monex offers the services clients need and that can be delivered to the highest industry standards.

Key Skills & Experience Required

• Proven experience of working within a regulated investment firm;
• Proven track Record with French Clients;
• Proven track record of operating at a senior level within a commercial environment;
• Strong knowledge of markets;
• Strong knowledge of the regulatory environment in which an FX firm operates;
• Able to demonstrate a clear understanding of risk management and compliance within a regulated environment;
• Extensive knowledge of FX.

Systems / Knowledge Skills

• MS Office; Outlook, Word, Excel, PowerPoint
• Databases – FXDB (In House)
• Bloomberg
• Trading systems (Barx, Arena, GS Portal)
• HR Systems – Workday

Languages

• Excellent written and verbal communication skills in English and native or fluent German are essential
• Proficiency in additional European languages is highly desirable

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!