Forex Operations Head at PM Consulting · Makati…

Key Responsibilities

P&L Ownership & Forex Business Strategy

• Revenue & Profitability: Own overall P&L, transaction volume, revenue, and gross margin targets for the Forex division across retail, corporate (B2B), digital, and institutional partner channels.
• Commercial Growth: Formulate and execute multi-channel growth strategies, market expansion plans, annual budgets, and divisional KPIs aligned with enterprise growth objectives.
• Market Expansion: Identify new foreign exchange distribution models, currency sourcing channels, and customer solution offerings.

Trading Operations & Market Risk Management

• Trading Oversight: Lead overall buying and selling desk operations across retail and B2B segments, supervising trading performance, currency exposure, spreads, and net returns.
• Strategy Execution: Formulate and execute trading strategies aligned with macroeconomic trends, liquidity requirements, profitability targets, and approved risk appetite limits.
• Technical Market Analysis: Monitor global foreign exchange markets, economic indicators, and geopolitical developments; evaluate technical analysis and currency position recommendations from trading desks.
• Risk & Controls: Monitor trading limits, position exposures, and counterparty risks to optimize returns while safeguarding organizational capital.

Partnership Management & Regulatory Governance

• Institutional Partnerships: Lead high-level negotiations, accreditation, and onboarding for local and international ForEx partners, correspondent financial institutions, and currency suppliers.
• Regulatory Compliance: Ensure strict compliance with BSP regulations governing non-bank financial institutions and retail foreign exchange (Manual of Regulations for Non-Bank Financial Institutions / MFCA), as well as AMLA/KYC regulations.
• Executive Leadership: Direct retail and B2B ForEx managers, finalize operational budgets, and represent the division in board reviews, regulatory audits, and strategic industry forums.

Requirements

Education & Experience

• Education: Bachelor's degree in Business Administration, Finance, Economics, or a related discipline. Postgraduate degree (MBA/MS) or relevant professional financial certifications preferred.
• Tenure: Minimum of 10+ years of professional experience in ForEx trading, treasury operations, or capital markets, with at least 5+ years in a senior managerial capacity.
• Track Record: Proven success driving P&L performance, establishing trading strategies, managing financial risk, and building institutional partnership networks within financial services.

Domain & Technical Competencies

• Regulatory Frameworks: Deep working knowledge of BSP regulations for retail FX and money changing, alongside strict AMLA compliance and KYC requirements.
• Financial Markets: Expert understanding of global financial markets, foreign economies, currency trading mechanics, technical analysis, and market risk management.
• Negotiation & Leadership: Outstanding leadership, strategic planning, partner negotiation, and cross-functional communication skills.