Head of Options Dealing

Monex group; Amsterdam; Hybrid; EUR 180,000 - 300,000; Full time

Job summary

Monex is seeking a Head of Options Dealing in Amsterdam to lead the FX options function, ensuring optimal execution, risk management, and product innovation. The role requires deep structuring and pricing knowledge, and the ability to drive revenue through bespoke FX solutions.

You will oversee a dealing team, enhance client engagement in options, and collaborate with other departments to ensure seamless end-to-end operations. Strong leadership and regulatory acumen are essential.

Qualifications

• Proven senior experience in FX options dealing within a regulated environment.
• Strong leadership skills with the ability to develop and mentor a dealing team.
• Deep understanding of risk management, compliance, and regulatory requirements for FX operations.

Responsibilities

• Execute client trades with best execution and regulatory compliance.
• Manage Dealing risk, exposure, and liquidity across FX products (spot, forwards, swaps, options).
• Improve pricing strategies in collaboration with liquidity providers to sustain execution quality.
• Provide timely insights on market trends and their impact on client exposure.
• Lead a high-performing team and drive revenue growth through structured FX solutions.

Skills

FX options dealing

Leadership

Regulatory compliance

Risk management

Client engagement

Tools

Bloomberg

Barx

Arena

GS Portal

Fenics

Workday

Job description

Head of Options Dealing | 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 Dealing department is responsible for executing client transactions across FX spot, forwards, swaps, and options. Dealing also plays a key role in offering the firm's full product suite, including trade finance solutions and multi-currency accounts. It provides strategic FX risk management solutions to clients, helping them mitigate currency exposure and optimize their international payment flows. Beyond that, the department looks at crystallizing potential upside opportunities looking at suitable structures.

Job Overview

The Head of Options Dealing is a leadership role responsible for overseeing the firm's FX options function, ensuring optimal execution, risk management, and product innovation. This role requires a deep understanding of structuring and pricing options and hedging strategies, as well as the ability to drive revenue growth through structured FX solutions. A key focus of this role will be on enhancing the options product suite and driving great client engagement in options dealing. Additionally, the Head of Options Dealing will be accountable for team performance, ensuring strong revenue contribution and the development of the dealing team’s options knowledge through training programs.

Key Responsibilities & Accountabilities

• Execute client trades, ensuring best execution practices and adherence to regulatory requirements.
• Manage Dealing risk, exposure, and liquidity across multiple FX products, including spot, forwards, swaps, and options.
• Optimize pricing strategies in collaboration with liquidity providers to maintain execution quality.
• Maintain a deep understanding of global market trends, economic indicators, and geopolitical events, providing timely insights on their impact on FX markets and client exposure.
• Maintain excellent communication with clients, fostering strong relationships through transparency, responsiveness, and proactive engagement in FX risk management strategies.
• Provide exceptional level of client service, ensuring prompt responses to inquiries and the highest standards of execution and risk management support.
• Work closely with other departments to ensure smooth end-to-end execution and operations, such as monitoring client dealing activity, approving new client credit facilities, ensuring strong risk mitigation and management strategies, amongst others.

Key Skills & Experience Required

• Proven experience working at a senior level withing a commercial environment and in a regulated investment firm; Strong track record working in FX options dealing, proving market expertise; Able to demonstrate a clear understanding of risk management and compliance within a regulated environment;
• Demonstrate strong strategic and innovative thinking in structuring client solutions; Strong knowledge of the regulatory environment in which an FX firm operates; Excellent leadership skills, proving to lead by example, anticipating issues and risks, and building credibility in dealing with clients and colleagues in complex and multicultural environments;
• Able to demonstrate a clear understanding of risk management and compliance within a regulated environment; Extensive knowledge of FX MiFID products.
• Systems / Knowledge Skills MS Office; Outlook, Word, Excel, PowerPoint Databases – FXDB (In House) Bloomberg Trading systems (Barx, Arena, GS Portal, Fenics) HR Systems – Workday
• Languages High standard of oral & written English is mandatory Fluency in other European languages (e.g. Spanish, Dutch, French, Luxembourgish etc.) is desirable

Culture & Benefits

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.