Head of Central Dealing

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Aim and purpose of the job:

1. Managing and leading the Central Dealing Team
2. Liaising with the Pershing Dealing Team in relation to dealing matters for WCIM staff, IMs, and Associates
3. Liaising with market counterparties, including but not limited to Market Makers, and platforms
4. Administering, and where necessary enforcing, good market etiquette and adherence to FCA rules and company policies, not limited to Best Execution, PA Dealing, Trade Reporting etc.

Duties:

1. Managing and training members of the Team
2. Ensuring that IMs/Associates are able to use the trading services effectively. These may include the AWOL trading service, the Pershing Nexus OMS system, the Pershing Nexus Funds system, and others
3. Monitoring dealing orders of the firm, including but not limited to equities, derivatives, fixed income, foreign exchange, commodities, unit trust
4. Collaborating with Pershing to manage, complex dealing orders and to execute in the best possible manner whilst achieving the best possible outcome for customers
5. Ensuring that all dealing activities conform to the rules and the wider market etiquette whilst also ensuring that the firm's trading remains within the parameters determined by senior management
6. Regularly reviewing the trading parameters set in AWOL, Nexus OMS and other relevant systems
7. Remaining abreast of regulatory changes
8. Strong adherence to escalation and reporting to Line Director any information where it would be reasonable to assume to be of material significance
9. Taking on other duties that my Line Director or Senior Management deems necessary to fulfil the requirements of the role.

Other Requirements:

1. Detailed knowledge of major financial instruments, including but not limited to the instruments mentioned in the section above
2. A proven track record of significant and extensive experience in the execution of a multitude of financial instruments, including but not limited to the instruments mentioned in the section above
3. Good knowledge of how the instruments are settled, therefore trading and executing in such manner that enables successful settlement
4. Expert in the UK and major European markets, good knowledge of the US and other major world markets
5. Expert in the systems required for the purpose of executing or dealing in the financial instruments required by the business (including the AWOL trading system and Pershing's Nexus OMS system)
6. Ability to remain current with respect to issues of regulation, new instruments and dealing techniques
7. Good leadership and management ability, leading the team of Central Dealers