Head of Market Making

Cyprus
Market Making – Executive /
Hybrid, Full-time /
Hybrid
About the Team

We are Quadcode, a fintech company excelling in financial brokerage activities and delivering advanced financial products to our global clientele. Our flagship product, an internal trading platform, is offered as a Software-as-a-Service (SaaS) solution to other brokers.


We are now looking for an experienced professional to join the team as the Head of the Market Making unit. The primary responsibility will be to supervise and manage our market-making activities, guaranteeing seamless trade execution, delivering liquidity to clients, and maximizing the company's profitability while adhering to risk appetite and tolerance boundaries. In this role, you will collaborate closely with senior management and various departments to execute strategic initiatives and enhance the company's market-making potential.

Tasks

    • Lead and manage the market-making team, providing guidance, mentorship, and performance evaluations;
    • Develop and implement market-making strategies for a diverse range of instruments, including FX, CFDs, cryptocurrencies, binary options, and other financial products, to enhance liquidity, minimize risk, and optimize profitability for both B2B and B2C clients, while effectively managing the A & B booking processes to ensure a transparent and balanced approach to client order execution;
    • Monitor market trends, news, and regulatory changes to ensure compliance and proactively adjust strategies as needed;
    • Collaborate with other departments, including compliance, marketing, and technology, to drive cross-functional initiatives and improve overall business performance;
    • Assess and manage risk, ensuring that the firm's risk management policies and procedures are adhered to by the market-making team;
    • Implement and oversee robust anti-fraud measures to identify, prevent, and address fraudulent trading activities, ensuring a secure and transparent trading environment;
    • Evaluate and implement new trading technologies and tools to enhance the firm's market-making capabilities;
    • Provide timely and accurate reporting of the team's performance to senior management and other stakeholders;
    • Foster a culture of continuous improvement, innovation, and collaboration within the market-making team.

Requirements

    • Bachelor's degree in Finance, Economics, Mathematics, or a related field; an advanced degree is preferred;
    • A minimum of 5 years of experience in market-making or trading, with a strong track record of success;
    • Comprehensive knowledge of financial markets, products, and trading strategies, as well as relevant rules and regulations;
    • Strong leadership and management skills, with a proven ability to build and maintain high-performing teams;
    • Excellent analytical, problem-solving, and decision-making abilities;
    • Strong communication and interpersonal skills, with the ability to collaborate effectively across departments and with clients;
    • Proficiency in using trading technologies and tools, as well as a keen interest in staying up-to-date on industry trends and advancements;
    • A high level of integrity and professionalism, with a commitment to compliance and risk management;
    • Proficiency in English and Russian language (at least B2 level)

We offer

    • Hybrid work model in our brand-new office in Limassol;
    • Health insurance and mental health services;
    • 13th salary and 21 vacation days per year;
    • Provided lunches or food allowance;
    • Monthly tuition reimbursement (kindergartens/schools);
    • Provided professional courses: from Coursera to Harvard;
    • Sports reimbursement;
    • Team buildings and parties (e.g., Japan Day at the office);
    • Bonuses for special events (e.g., child's birth).
Currently, over 700 employees and service providers are stationed across its seven global offices located in the UK, Gibraltar, the UAE, the Bahamas, Australia, and the headquarters in Cyprus. By broadening its international presence, Quadcode presents a myriad of intriguing tasks and challenges for professionals like developers, market research analysts, and PR marketing specialists, among others.

Join us today, and let's shape the future of fintech together!

Note: All applications will be treated with strict confidence. We thank all applicants for their interest, however, only those candidates selected for interviews will be contacted.