Head Trader eFX Spot – Associate-Director

Swissquote Group; Indiana (PA); On-site; USD 120,000 - 180,000; Full time

Job summary

Swissquote Group is seeking an Associate-Director in the FX & DA Trading department to lead the eFX Spot team. You will supervise operational activities and manage team performance while fostering a positive work atmosphere.

The ideal candidate will have a minimum of 8 years in sell-side electronic FX trading and strong leadership skills. This role offers a chance to shape a motivated team within a dynamic working environment.

Qualifications

• Minimum 8 years’ experience in sell-side electronic FX trading.
• Previous experience in a leadership role is a strong advantage.
• Proficient in transforming large data sets into actionable insights.

Responsibilities

• Manage the eFX Spot team and operational activities.
• Lead recruitment and onboarding processes.
• Conduct performance reviews and manage performance issues.

Skills

Sell-side electronic FX trading

Leadership

Market structure understanding

Data analysis

Interpersonal skills

Communication skills

Job description

• Full-time
• Managerial role: Yes

Company Description

Building the bank of tomorrow takes more than skills.
It means combining our differences to imagine, discuss, code, develop, test, learn… and celebrate every step together. Share our vibes? Join Swissquote to unleash your potential.

We are the Swiss Leader in Online Banking and we provide trading, investing and banking services to+650’000 clients, through our performant and secured digital platforms.

Our +1200 employees work in a flexible way, without dress code and in multicultural teams.
By having a huge impact on the industry, they are growing their skills portfolio and boosting their career in a fast‑pace environment.Have a look behind the scenes by checkingHumans of Swissquote on Instagram.

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

Are you all in? Don’t be shy, apply!

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:
  • 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

• Minimum 8 years’ experience in sell-side electronic FX trading
• Previous experience in a leadership role is a strong advantage
• Deep understanding of market (micro)structure
• Deep understanding of client needs (both retail and institutional segments) 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