Head of Dealing

Location
Cyprus
Salary
EUR 85,000 - 105,000
Contact
Ioanna Vlassi
Job Ref
1652096
  • can be based in Limassol or Nicosia
  • very good benefit package including equity paticipation
Our client is looking to hire a highly experienced Head of Dealing to lead their dealing desk operations and drive execution excellence across their multi-asset CFD business. This senior leadership role reports directly to the CEO and serves as the operational backbone of the trading floor — ensuring sharp pricing, fast execution, and peak team performance in a regulated, high-volume environment. The company operates as a dynamic, multi-asset brokerage with a strong focus on innovation, user-centric technology, social trading features, and a global client base, continuously expanding its product offerings and market reach.
Key Responsibilities
  • Take full ownership of dealing desk operations, including trade execution, order management, and pricing accuracy across FX, indices, commodities, equities, and crypto CFDs
  • Build, lead, mentor, and develop a high-performing dealing team with 24/5 coverage
  • Establish and enforce execution policies, including slippage parameters, requote thresholds, and order handling procedures
  • Design and implement the firm's core execution model to optimise client flow management
  • Oversee execution routing logic and collaborate closely with risk management on flow allocation decisions
  • Adapt execution strategies in real time during major market events (e.g., NFP releases, central bank announcements, earnings reports, geopolitical developments)
  • Manage the trading technology stack (MT4/MT5, cTrader, bridges, aggregators, pricing engines)
  • Partner with IT to ensure platform stability, minimise latency, and support system upgrades
  • Evaluate, onboard, and maintain relationships with liquidity providers; oversee LP connectivity and pricing feed quality
  • Own the dealing desk P&L, tracking revenue, spread capture, execution quality, and hedging costs
  • Monitor and optimise key desk performance metrics
  • Deliver regular performance reports and insights to senior management
  • Ensure all dealing activities comply with regulatory requirements and best execution obligations
  • Maintain comprehensive documentation of execution policies and procedures
  • Collaborate with compliance on audits, regulatory reporting, and inquiries
Skills and Experience Needed
  • 7–10+ years in a dealing desk or brokerage environment, with at least 3 years in senior leadership
  • Deep expertise in CFD execution models, client flow management, and liquidity aggregation
  • Hands-on experience configuring MT5 bridges, pricing engines, and multi-platform execution systems
  • Strong knowledge of FX, indices, commodities, equity CFDs, and multi-vertical markets
  • Proven success building and developing dealing teams
  • Commercial acumen — clear understanding of how execution quality drives revenue and profitability
  • Experience in regulated environments (e.g., CySEC, FCA, ASIC, or equivalent)
  • Excellent communication, leadership, and stakeholder management skills
Competitive Advantage:
  • Experience establishing a dealing desk from scratch
  • Familiarity with proprietary or custom execution platforms
  • Knowledge of risk management, hedging strategies, and crypto CFD execution
What Our Client Offers
  • Competitive base salary in the range of €85,000 – €105,000 per annum (depending on experience)
  • Performance-based bonus + equity scheme
  • Senior leadership position with direct strategic influence
  • Opportunity to shape and scale a world-class dealing and execution function
  • Collaborative, fast-paced culture focused on technology, innovation, and results
If you are a strategic leader with proven expertise in CFD/forex dealing operations and are ready to drive execution excellence in a high-growth brokerage, our client would be very interested to hear from you.
Please apply with your CV and a brief note on your most relevant experience managing dealing desks and execution strategies.
Apply now
Ioanna Vlassi
Managing Director, Cyprus
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