Head of Dealing

Company: NEXT Ventures –

WebSite: Dubai, United Arab Emirates

Job Description:About NEXT Ventures NEXT Ventures is a global platform revolutionizing access to performance-based capital, empowering ambitious individuals to achieve their full potential. We provide the resources and support needed to transform potential into tangible performance. Through our flagship brand, FundedNext, we enable aspiring individuals to become successful traders. With a global team of over 500 professionals operating across five countries, we serve a dynamic community of over 220,000 daily users from over 170 nations. Head of Dealing – Opportunity As the Head of Dealing, you will be responsible for leading FNmarkets’ trading, dealing, and trade-risk operations. This role requires expertise in managing A/B/Hybrid books, ensuring execution quality, and implementing robust risk controls to safeguard the business and optimize profitability. You will oversee liquidity, pricing, routing, and trading infrastructure, ensuring stable systems, fast execution, and strong governance across all regions. You will also guide the MT5 and trading infrastructure teams, detect abusive trading behavior, and drive data-led automation for enhanced monitoring and decision-making. This position requires close collaboration with Compliance, Product, Technology, BI, Risk, and Commercial teams to ensure alignment, operational excellence, and a seamless, high-integrity trading environment. Key Responsibilities Trading & Dealing Leadership: Lead FNmarkets’ Trading & Dealing / Trade Risk Operations (TRO) teams, assuming full ownership of book management, execution quality, and risk oversight. Governance: Establish and enforce strong governance for trading operations, ensuring consistent adherence to policies, workflows, and decision frameworks across all teams and regions. Book Management & Risk Oversight: Manage A-Book, B-Book, and Hybrid flow allocation strategies to optimize profitability while maintaining a strong risk posture. Continuously monitor exposure, client PnL distribution, instrument-level risk, and emerging trading patterns. Execute hedging strategies, both manual and automated, to maintain controlled exposure and mitigate adverse market impact. Liquidity & Execution Management: Oversee liquidity provider (LP) relationships, ensuring robust routing, price competitiveness, and stable liquidity under all market conditions. Optimize pricing streams, slippage, markups, and bridge settings to deliver best execution and tighter, more consistent spreads for clients. Review LP performance through data-driven scorecards and enforce SLA expectations. Trading Infrastructure & Technology Ownership: Lead the Trading Infrastructure team responsible for MT5 servers, groups, symbols, bridge/gateway configuration, pricing feeds, and platform trading conditions. Ensure system architecture, routing logic, and platform settings align with risk, compliance, and commercial objectives. Drive improvements in latency, throughput, and server resilience. System Stability, Latency & Execution Performance: Maintain high uptime for all trading systems, ensuring resilient connectivity and global redundancy across regions and legal entities. Troubleshoot and resolve execution-related issues, VPS/server incidents, and platform errors with urgency and precision. Collaborate with Tech and DevOps to ensure low-latency execution and efficient system scaling during peak volumes. Abusive Trading Detection & Policy Enforcement: Detect, investigate, and mitigate abusive or toxic trading behaviors such as latency arbitrage, platform manipulation, or harmful EA strategies. Oversee validation processes for swaps, spreads, commissions, corporate actions, symbol settings, and other trading conditions. Ensure dealing policies are strictly followed and updated to reflect emerging market or regulatory risks. Dealing Desk Operations Management: Lead daily dealing desk operations including shift scheduling, handovers, real-time monitoring, and incident escalations. Review daily/weekly/monthly operations reports covering execution performance, risk trends, client segments, and profitability insights. Ensure smooth 24/5 coverage with clear escalation points and accountability. Cross-Functional Collaboration & Governance: Work closely with Compliance, Product, Technology, BI, Risk, and Commercial teams to ensure alignment across trading operations. Participate in governance discussions around new products, trading conditions, regional entities, and regulatory expectations. Analytics, BI Automation & Operational Intelligence: Drive the creation and continuous improvement of BI dashboards, automated alerts, monitoring tools, and risk-detection systems. Leverage data insights to enhance execution performance, reduce manual workload, and improve proactive detection of anomalies. Qualifications 8–12 years of experience in CFD/FX dealing, risk operations, trading infrastructure, and liquidity management. Demonstrated expertise in multi-book management (A-Book, B-Book, Hybrid) and market-making environments. Strong knowledge of MT5 Admin/Manager, bridges/gateways (PrimeXM, oneZero, Centroid), RMS/OMS systems, exposure monitoring, hedging structures, and pricing streams. Experience leading trading monitoring teams, infrastructure teams, and BI analysts. Strong analytical ability, flow analysis, and risk interpretation skills. Familiarity with regulatory requirements across multiple jurisdictions (EU, offshore, APAC). Proven ability to build dashboards, alerts, and automation workflows with BI/Tech teams. Excellent communication, leadership, and cross-department collaboration abilities. Ideal Candidate Profile The ideal candidate will possess the following attributes: Strategic Risk Orchestrator: Ability to balance profitability and protection through intelligent A/B/Hybrid book management, client behavior analysis, and timely hedging. Technical Expertise: Deep technical understanding of MT5, bridging, liquidity routing, and execution paths, ensuring tight spreads, high uptime, and flawless execution performance. Data-Driven Operator: Proven ability to leverage BI dashboards, alerts, and automation to drive proactive risk detection, smarter decision-making, and operational efficiency. Governance-Focused Leader: Experience building disciplined dealing desk operations, enforcing policies, strengthening cross-functional alignment, and ensuring a scalable trading environment. Application Process 1. 45-minute HR interview with a Talent Acquisition team member 2. Online Assessment (48-72 hours deadline) 3. 45-60 minute Problem Solving Interview Session 4. 60-90 minute Bar Raiser Interview Session (with head of department & talent acquisition lead) 5. 90 minute People Management & Hiring Interview Session Why Join NEXT Ventures? At NEXT Ventures, we believe the right talent fuels breakthrough innovation. If you are driven to connect great minds with big ideas and want to shape the future of fintech, we encourage you to apply. Join our team of bold thinkers where technology meets transformation. Apply now and be part of our journey – the future is calling, and it starts with you.

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