Experienced FX Dealer

Overview

Our client, a global financial services firm based in Toronto, is searching for a seasoned FX Dealer with extensive practical experience in foreign exchange trading and corporate currency solutions. This senior front-office position demands an individual who has hands-on FX dealing expertise, a solid understanding of corporate currency requirements, and a robust network or portfolio of client relationships to develop legally and compliantly.

Company Background

The hiring company is a worldwide financial platform offering market access, liquidity, execution, clearing, hedging, and investment services across various financial markets, commodities, and related asset classes. The client base includes corporations, financial institutions, asset managers, hedge funds, producers, traders, and other market actors requiring global market access and risk management strategies.

Role Description

The FX Dealer will be tasked with managing and expanding a book of corporate client relationships, providing expert guidance and support in foreign exchange and hedging solutions. Responsibilities include assisting clients with FX execution across spot, forwards, options, and structured FX products, identifying new business prospects through existing connections, and sustaining revenue growth within compliance and regulatory frameworks. This role is office-based in Toronto.

Key Duties

• Manage and develop a portfolio of corporate clients
• Engage directly with clients regarding FX spot, forwards, options, and structured products
• Advise clients on currency exposure management
• Identify new client prospects by leveraging existing relationships and FX market insights
• Generate revenues professionally while adhering to compliance standards
• Stay updated on FX market trends, product innovations, and regulatory changes
• Collaborate with sales, operations, legal, and compliance teams to support client issues
• Address transaction, documentation, or client service challenges promptly
• Provide regular reports on client activities, pipelines, and revenue potential
• Support a front-office culture emphasizing performance, prudent judgment, and regulatory compliance

Required Skills and Experience

• Minimum of 5 years’ experience as an FX Dealer with direct client interaction
• Proficiency in structuring, selling, and dealing with FX products including spot, forwards, options, and structured FX instruments
• Possession of an existing portfolio or extensive network of corporate client relationships
• Proven track record in origination and business growth
• Experience collaborating with corporate treasury, finance teams, or entities exposed to currency risk
• Exceptional communication and commercial judgment capabilities
• Sound understanding of regulated financial markets
• Preferably, established connections with Canadian corporates or entities with CAD/USD currency exposure

Candidate Profile

The ideal candidate is an established FX dealer adept at consulting clients on currency exposure and hedging solutions, differentiating between transactional selling and cultivating durable client partnerships. Ethical and regulatory adherence in relationship management is critical. The opportunity is tailored for specialists aiming to expand a significant FX client portfolio within a global financial services landscape.

Important Notes

Applicants must have genuine hands-on FX dealing experience and direct client involvement with FX products. This role is unsuitable for those new to FX, limited to academic or operational FX exposure, lacking structured products experience, without existing client relationships, or seeking a remote position.

Compensation and Location

The salary ranges from $80,000 to $100,000 annually based on experience, supplemented by commission. The position is office-based in Toronto, Ontario, Canada.

Additional Information

The company is committed to inclusive hiring practices and provides reasonable accommodations during the recruitment process upon request. Artificial intelligence tools may be used to assist in reviewing applications, but final hiring decisions are made by people.