Role: Head of eFX Operations Location: Mauritius Type: Management (Full time) FX industry experience: Min 5 years Compensation: Negotiable, above average* Accommodation: Provided by the company
*Compared to average similar role in Mauritius
DMALINK is a data-centric FX ECN created to resolve structural imperfections in foreign exchange markets and address the governance and conduct issues raised by regulators.
With an average daily turnover of $6.6 Trillion, Foreign Exchange (FX) is the largest financial market globally. DMALINK delivers real-time FX data to institutional FX market participants such as Banks, hedge funds, asset management firms, brokerages, proprietary trading firms, and other eligible counterparties.
This is a unique management opportunity to join a highly dynamic firm heavily focused on financial technology and global markets working in Mauritius. The location promotes an excellent work-life-balance, enabling you to experience a new environment away from the hustle of mega cities such as New York, London, or Singapore.
Head of Operations Mauritius
We are seeking to appoint a seasoned, well-rounded, and experienced Head of Operations to head a team of six members in Mauritius. You will work side-by-side with one of the founders to create efficiencies across the operations department and the wider business. The operations team monitors the company’s platforms, identifies and resolves issues that may arise on a day-to-day basis, and assists various teams within the business and across third parties in a range of projects relating to the company.
As the Head of Operations, you will drive to achieve operational excellence. You will oversee all operational procedures and tasks globally. You will have oversight and be responsible for the performance and optimization of all trading platforms, including the technical onboarding of clients and liquidity providers on the platform. You will develop best practices, acquiring expert knowledge of the platform’s technology back-ends and front-ends, anticipating operational risks, and taking precautionary and corrective measures to ensure business continuity and the highest service quality.
You will work with the UK-based data science team to continuously raise trading performance for platform participants. Further, you will be responsible for communicating effectively with all stakeholders while ensuring the operations team are well organised and performing well.
You will play an important part in the development of the company’s product offerings and its processes. You must enjoy teamwork with stakeholders distributed across global jurisdictions, overseeing the overall smooth running of global operations systems, including attending to regular calls (and physical meetings as the client community in Mauritius and across Africa grows) with global banks and financial institutions. This is a role for someone who wishes to be actively involved in operations and certain sales aspects.
Maintain good knowledge of the business and workflows of the company and create and enforce procedures, rules, and any regulation of the company and/or set out under relevant regulation
Create and maintain an inclusive environment where each team member can learn and thrive
Share knowledge and harness the power of information amongst all members of the team
Maintain highest standards of professionalism, integrity, and confidentiality
Attend meetings and calls with clients, providers, and other stakeholders
Ensure business continuity by identifying risk and resolving issues as early as possible
Must have at least five years FX experience with a background of trading platforms and ECNs. Must be familiar with liquidity management, FIX protocols, ECN technology, financial markets, and the regulatory landscape
Prior management experience not required, but a willingness and ability to manage a team is a pre-requisite
Good understanding of eFX Prime Brokerage clearing and settlement processes
Good understanding of connectivity and integration processes between tech providers and APIs
Outstanding written and spoken English
Fluency (written and spoken) in any additional language may be regarded as an advantage
We want to hear from you if you are independent-thinking, proactive, creative, passionate about FX, with an eye for detail, have a high degree of people skills and are well organised.
Independent Emerging Markets FX and Precious Metals Trading, Market Data and RegTech Solutions.
Purpose-Built For Institutional Market Participants.
Our experience. Your Gain.
DMALINK ® is an independent electronic price discovery and execution venue for professional Foreign Exchange traders streaming anonymous, proactively tailored and sustainable pricing with particular focus on Emerging Markets, Scandie crosses and CE3.
We service industry leaders including Banks, Funds, Corporates and Proprietary Trading Firms who have a particular demand for sustainable liquidity access across non G-7 pairs.
A deep understanding of the FX market and its dynamics provide distinct benefit to clients; directly influencing the quality of trade execution through a consistent increase and consequent maintenance of optimal fill rates and price.
Our purpose-built EM FX trading and RegTech ecosystem and automated back-office infrastructure is designed by market experts and driven by client demand. It’s tailored offering combines exceptional FX liquidity management expertise, deeply rooted industry knowledge, and a refreshingly creative boutique approach to solutions and analytics.
Your career at DMALINK. Apply online.
We look for experienced professionals with a passion for excellence who believe in the power of team achievement, integrity, innovation, and leadership.
By joining DMALINK, you will become a member of a rapidly growing company investing heavily into the development of a complete trading back-end/front-end, with artificial intelligence (deep learning) at its core in collaboration with industry experts and local universities. You will be encouraged to develop existing skills and to acquire new skills within your team of highly qualified specialists based in offices around the globe.
This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced and changing environments. New team members may have to opportunity to work in our global offices (London, New York, Mauritius amongst other centres currently being launched) to widen their experience and knowledge of the financial markets. Temporary relocation options will be available following an initial period of twelve (12) months.
Our core values are to unite as one, dare to be different and to constantly strive to achieve the best results. In pursuit of excellence always remain transparent and be there for our clients. We emphasize on building strong relationships with counterparties and to deliver highly tailored foreign exchange services.
DMALINK is an equal opportunity employer that is committed to inclusion and diversity. We take affirmative action to offer employment and advancement opportunities to all applicants.
Please note that we do not currently accept applications from recruitment agencies. All talent must apply directly.