FX Dealer

Monex Europa S.L; Amsterdam; On-site; EUR 90,000 - 150,000; Full time

Job summary

Monex Europa S.L is seeking an experienced FX Trader in Amsterdam to execute client orders in FX Spot, Forwards, and Options, and to hedge positions with banking counterparties. You will liaise with clients, provide expert advice, and ensure compliance with regulatory requirements.

The role requires a strong background in FX markets, KYC, risk management, and fluency in English; French or other European language skills are a plus. Join a global team with a focus on integrity and client service.

Qualifications

• Experience in a regulated investment firm.
• Proven track record with French clients.
• Senior level experience in a commercial environment.
• Strong knowledge of markets.
• Strong knowledge of the FX regulatory environment.
• Clear understanding of risk management and compliance in regulated settings.
• Extensive knowledge of FX markets.
• MS Office suite (Outlook, Word, Excel, PowerPoint).
• Databases – FXDB (In House).
• Bloomberg Trading systems (Barx, Arena, GS Portal).
• HR Systems – Workday.
• English language (spoken and written) is mandatory.
• French language is highly desirable; other European languages are a plus.

Responsibilities

• Understanding market conditions and factors relevant to client trading.
• Knowing Your Customer (KYC) to deliver suitable products and onboard clients
• Maintaining knowledge of economic climate and its impact on Monex and clients
• Understanding and managing market, counterparty and operational risk
• Executing client orders with integrity and high service standards
• Recording and maintaining trading activity logs per Monex policy
• Liaising with Sales and other departments to support client relations
• Contributing to business development to meet client needs and industry standards

Skills

Regulated sector experience

French client experience

Senior level experience

Market knowledge

Regulatory environment

Risk management

FX knowledge

MS Office suite

FXDB

Bloomberg systems

Workday

English language

French language

Other European languages

Tools

FXDB (In House)

Bloomberg 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. 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 High standard of oral & written English is mandatory
• Fluency in French is highly desirable
• Fluency in other European languages (e.g. Spanish, Dutch, German, etc.) is a plus

If you like wild growth and working with happy, enthusiastic over-achievers, you\'ll enjoy your career with us! At Monex, we do our very best every day to ensure that we take good care of our people, as our biggest asset is our highly driven and focused Talent Culture. We strive to continuously enable our people to develop their full potential by offering the necessary tools and support to empower our people to develop professionally and to take the next step in their career here at Monex. Teamwork is a paramount part of our Talent Culture as we achieve more when we collaborate and all work together. We take pride in our familial culture with colleagues who are willing to go the extra mile for one another. We foster a culture of Health and Wellness, encouraging our colleagues to pursue healthy habits and promoting healthy lifestyles.