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Dealer | Madrid Monex specialises in FX risk management and international payments, helping corporate and institutional clients design tailored FX solutions to navigate currency volatility with confidence. Our team of FX specialists implement well-considered currency strategies, offering dedicated support to help clients manage their payment needs – whether for goods, services, or direct investments. In 2023, Monex facilitated $309 billion in FX turnover, managed $10.7 billion in assets, and processed 8.5 million transactions. With offices across North America (Canada, the US, and Mexico), Asia (Singapore), and Europe (the UK, Spain, and the Netherlands), we serve over 66,000 clients worldwide. By combining global reach with deep local market expertise, Monex enhances businesses with a suite of financial solutions and FX market analysis to help optimise efficiency, mitigate currency risk, and protect margins in an increasingly complex financial landscape.  Our corporate client experience is further enhanced by our dedicated sector expertise across a range of industries. Department Overview The   Trad ing   department   engages in financial market transactions and evaluates investment opportunities in currencies.   It   is responsible for the day-to-day management of trades, determining prices and executing Client trades in   Monex products (FX Spot, Forwards, Options)   in accordance with its regulatory requirements. Job Overview The   Tradi ng team are responsible for executing client orders in Foreign Exchange products and for executing the firm’s hedge position with banking counterparties. Trad ers liaise directly with clients and provide suitable   assistance   based on their knowledge of the client and the client’s requirements and execute their orders accordingly. Traders   must have the appropriate knowledge and skills necessary to undertake their role and uphold the highest standards of integrity. Key Responsibilities & Accountabilities: • Ensur ing   clients are   treated   fairly and dealt with   promptly and in accordance with   the Monex Code of Conduct and   company policies and regulatory   expectations (note especially   Spanish regulations, and expectation from the   Bank of Spain and   CNMV ); • Liais ing   promptly   with internal and external stakeholders   to ensure   c lient’s margin positions are suitably managed in line with company policy ; • Working closely   with risk and compliance to ensure   and maintain   accurate and up-to-date   client   data; • E nsur ing   trades are placed with appropriate counterparties where applicable ; • Ensuring accurate and up-to-date information is kept on FXDB. A   Trade r is responsible for: • Understanding the market in which   Monex   operates and the factors necessary to undertake   tradi ng services for clients ; • Providing support with new product development • Knowing your customer (KYC); e nsuring adequate knowledge of their client (KYC) to deliver appropriate and suitable products, services and advice   and support onboarding ; • Maintaining a knowledge and understanding of the economic climate and   the   likely impact upon Monex and its clients ; • Understanding and managing market   risk , counterparty   risk   and   the   operational risk   which arises from the traders own activity • Executing client orders with integrity, ensuring high service standards and in accordance with Monex   values and   policies ; • Executing back-to-back transactions with Banking Counterparties in accordance with Monex policies, respecting market convention and the requirements of counterparties ; • Providing training to the sales team regarding MiFID products • Assisting with marketing material for clients regarding MiFID products • Recording and maintaining all   trad ing activity logs in accordance with Monex policy using Monex approved media ; • Identifying and   avoiding   conflicts of interest ; • Maintaining good client relationships built on integrity, trust and the client’s best interests ; • Maintaining good Counterparty relationships built on mutual respect ; • Liaison with other Monex departments to provide the fullest assistance as required ; • Liaison with Sales Staff in order to engender and maintain good client relations and sustainable business   practices; • Provide input into business development to ensure Monex offers the services clients need and that can be delivered to the highest industry standards. Client Retention   Team • Key contact for all Client Retention related queries; • Responsible for analysing historic client data and identifying any potential opportunities to revive dormant client accounts; • Mentors and provides guidance and support to other team members on matters relating to client retention. If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us !