Head of Back Office

FX/Binary Options Limassol

Job Description

Our client is a forex and CFD broker based in the UK and Saint Vincent and the Grenadines regulated by the FCA. They offer nearly 100 trading instruments with choice of fixed or variable spreads and they are currently looking to expand newly established finance team here in our Cyprus office in Limassol.

Reference #: GC002003

Job Responsibilities

  • Management and administration of the department
  • Implementation of the internal regulations and procedures for the department
  • Opening of new clients accounts
  • Provision of information to Clients and prospects regarding the Company and guiding them on how to open a physical or corporate account,
  • Implement strong Know Your Client procedure to all potential and existing Clients,
  • Closing of clients accounts
  • Amend existing Client Accounts (i.e. Valid Documents, updated information, leverage, profile etc),
  • Preparation and sending of clients' execution confirmation reports
  • Preparation of clients periodic statements (their translation to Russian once necessary)
  • Record keeping of executed orders
  • Monitoring of Executed transactions
  • Settlement of the transactions in accordance with the agreements
  • Reconciliations on the daily and monthly basis, client's balances (funds, securities, financial instruments) with the company's balances recorded in software
  • Keep client records (i.e. agreements, ID documents, investor questionnaire, Know Your Client information) in electronic form on an annual basis
  • Preparation of back office manuals, terms & conditions, contracts, procedures, policies and relevant disclaimers
  • Preparation of Various regulatory reports
  • Assisting Head of Brokerage and Managing Director

Requirements

  • Fluent in English
  • Holder of CySEC qualification will be considered an advantage
  • Relevant experience in investment or forex company
  • University or College Degree
  • Is process driven and gives attention to detail
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