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Head of Brokerage (Blockchain)

Head of Brokerage leads the development of client trading environment, client order execution, monitoring reporting. The position requires extensive experience in various markets, preferably with complex instruments and cryptocurrencies, and strong risk management skills for development of policies, systems and practices to achieve optimal return on Investment and effective deployment.

Principal Accountabilities

  • Setting up the Company’s execution and pricing venues, including price negotiations and technical set up
  • Creation and monitoring of the clients’ trading environment for different categories of clients in terms of experience and trading instruments
  • Ensuring the execution of clients’ orders is aligned with regulatory obligations of best execution
  • Negotiating with liquidity providers in order to obtain favorable execution conditions for the Company
  • Working closely with the business development department and senior management on key business decisions such as product offering, product pricing and the relevant fees
  • Lead the core business function within the Company, focusing primarily on covering the execution and transmission of client orders and the relevant market risk
  • Liquidity management and oversight of the investment committee operation
  • Working closely with the Risk Management department to ensure adherence to limits and trading strategy
  • Training and supervising the brokerage department personnel
  • Preparing detailed reports for the performance of the Company for the Board
  • Working with external providers and IT department on building trade reporting tools in accordance with the regulatory standards
  • Assisting the accounting, legal, sales and marketing departments by providing various reporting tools

Key Competencies & Qualifications

  • Approved by the MFSA as an Investment/Portfolio Manager
  • University Degree in Banking, Finance, Economics or in a related field;
  • A minimum of 7 years’ experience in a bank or other financial institution, with at least 5 years on the trading desk
  • Strong knowledge of financial markets – stocks, bonds, derivatives and FX
  • Understanding of blockchain is an advantage
  • Knowledge of Maltese and EU regulatory requirements; working knowledge of MiFid II regulation
  • Energetic, flexible with a positive attitude;
  • Ability to take initiative and deliver results in a dynamic environment;
  • Fluent in both Maltese and English