Forex Operations Head

Our Clients; Makati; Presencial; PHP 4.000.000 - 7.000.000; Jornada completa

Descripción de la vacante

Our Clients in Makati, Philippines, seeks an executive leader to own P&L for the Forex division, steer multi-channel growth, and shape regulatory-compliant partnerships with banks and financial institutions.

The role requires extensive experience in Forex trading, market risk management, and senior leadership to drive strategy, performance, and collaboration across retail, corporate, digital, and institutional segments.

Formación

• Bachelor's degree or higher in a related field.
• 10+ years of professional experience in Forex trading, treasury operations, or capital markets.
• 5+ years in a senior managerial capacity.
• Proven success driving P&L performance, establishing trading strategies, managing financial risk, and building institutional partnerships.

Responsabilidades

• Own overall P&L, transaction volume, revenue, and gross margin targets for the Forex division across retail, corporate, digital, and institutional partner channels.
• Formulate and execute multi-channel growth strategies, market expansion plans, annual budgets, and divisional KPIs.
• Lead trading operations, supervise performance, currency exposure, spreads, and net returns.
• Monitor trading limits, position exposures, and counterparty risks to optimize returns while safeguarding capital.
• Negotiate, onboard, and manage institutional partnerships; ensure regulatory compliance across BSP MFIs and AMLA/KYC.

Conocimientos

P&L ownership

Forex trading

Market risk management

Leadership

Strategic planning

Negotiation

Regulatory compliance

Educación

Bachelor's degree in Business Administration/Finance/Economics

MBA/MS preferred

Descripción del empleo

Key Responsibilities

P&L Ownership & Forex Business Strategy

• Revenue & Profitability: Own overall P&L, transaction volume, revenue, and gross margin targets for the Forex division across retail, corporate (B2B), digital, and institutional partner channels.
• Commercial Growth: Formulate and execute multi-channel growth strategies, market expansion plans, annual budgets, and divisional KPIs aligned with enterprise growth objectives.
• Market Expansion: Identify new foreign exchange distribution models, currency sourcing channels, and customer solution offerings.

Trading Operations & Market Risk Management

• Trading Oversight: Lead overall buying and selling desk operations across retail and B2B segments, supervising trading performance, currency exposure, spreads, and net returns.
• Strategy Execution: Formulate and execute trading strategies aligned with macroeconomic trends, liquidity requirements, profitability targets, and approved risk appetite limits.
• Technical Market Analysis: Monitor global foreign exchange markets, economic indicators, and geopolitical developments; evaluate technical analysis and currency position recommendations from trading desks.
• Risk & Controls: Monitor trading limits, position exposures, and counterparty risks to optimize returns while safeguarding organizational capital.

Partnership Management & Regulatory Governance

• Institutional Partnerships: Lead high-level negotiations, accreditation, and onboarding for local and international ForEx partners, correspondent financial institutions, and currency suppliers.
• Regulatory Compliance: Ensure strict compliance with BSP regulations governing non-bank financial institutions and retail foreign exchange (Manual of Regulations for Non-Bank Financial Institutions / MFCA), as well as AMLA/KYC regulations.
• Executive Leadership: Direct retail and B2B ForEx managers, finalize operational budgets, and represent the division in board reviews, regulatory audits, and strategic industry forums.

Requirements

Education & Experience

• Education: Bachelor's degree in Business Administration, Finance, Economics, or a related discipline. Postgraduate degree (MBA/MS) or relevant professional financial certifications preferred.
• Tenure: Minimum of 10+ years of professional experience in ForEx trading, treasury operations, or capital markets, with at least 5+ years in a senior managerial capacity.
• Track Record: Proven success driving P&L performance, establishing trading strategies, managing financial risk, and building institutional partnership networks within financial services.

Domain & Technical Competencies

• Regulatory Frameworks: Deep working knowledge of BSP regulations for retail FX and money changing, alongside strict AMLA compliance and KYC requirements.
• Financial Markets: Expert understanding of global financial markets, foreign economies, currency trading mechanics, technical analysis, and market risk management.
• Negotiation & Leadership: Outstanding leadership, strategic planning, partner negotiation, and cross-functional communication skills.