BettingJobs is working with a newly formed, high-potential Forex brokerage startup based in Dubai, backed by a well-established holding group with diversified interests across finance, fintech, and the luxury sectors. They are looking for a Chief Operating Officer to join their team.
Responsibilities:
- Lead the full setup of the Forex brokerage, including regulatory approvals, licensing, legal structuring, and compliance framework.
- Manage vendor selection for platforms, liquidity providers, CRM systems, KYC/AML tools, and back-office technology.
- Build and oversee the operations, risk, client support, and compliance teams.
- Define and optimize operational processes for account onboarding, trade execution, settlements, and customer service.
- Develop and implement the firm’s operational strategy aligned with business objectives and regional/international growth plans.
- Collaborate with other businesses under the holding group to identify synergies and cross-sector opportunities.
- Ensure strict adherence to local and international regulatory standards and AML/KYC policies.
- Build a strong internal controls environment and manage risk proactively.
- Oversee the integration and continuous improvement of trading platforms and backend systems.
- Work closely with the CTO or technical teams to ensure the infrastructure is scalable, secure, and trader-friendly.
- Recruit and mentor a high-performing, agile operations team.
- Foster a performance-driven, transparent, and collaborative culture.
Requirements:
- Proven experience setting up and launching a Forex brokerage firm (preferably in the UAE or similar regulatory environments).
- Strong understanding of global FX markets, platforms (e.g., MT4/MT5, cTrader), and liquidity models (ECN/STP/Market Maker).
- Familiarity with UAE regulatory frameworks and the end-to-end licensing process.
- Entrepreneurial mindset with hands-on execution capability.
- Strong leadership and cross-functional team management.
- Excellent communication, negotiation, and stakeholder management skills.
Nice to have:
- Experience working within a group structure or multi-brand holding environment.
- Exposure to luxury, fintech, or financial services markets in emerging regions.