[ref. x4651801] Centralised Dealer
About us
From day one, you’ll notice there is something special about working at Davy. Our success is built on nearly 100 years of forging strong relationships with our clients and developing the careers of Ireland’s future business leaders.
Established in 1926, the Davy Group sits at the heart of wealth and capital in Ireland, providing a broad range of services to high-net-worth individuals, self-directed investors, small-to-medium enterprises, credit unions, corporations, and domestic & international institutional investors.
Our culture is shaped around three values, which are at the heart of everything we do: client success, one Davy, and building a proud legacy. Sharing the same goals, we work together to deliver exceptional outcomes for our clients. As part of a team of over 900, you will be encouraged to learn and to grow, both professionally and personally.
About the role
An exciting opportunity has arisen for a Centralised Dealing - Senior Dealer to join Davy and work with the Wealth Management division.
Reporting to the Head of Order Book Management, In the role, the successful candidate will:
- Order Management: Ensure timely and accurate execution of all manual orders and monitor automated order flows in line with Best Execution requirements.
- FX Execution: Execute foreign exchange trades efficiently and accurately.
- Broker Relationships: Maintain and develop relationships with external brokers to identify and leverage new trading opportunities.
- Governance & Compliance: Adhere to all procedures and processes in accordance with Governance, Compliance, and Risk Management standards.
- Trading Support: Act as the primary contact for trading-related queries including market news, settlement, FX, system operations, error resolution, and corporate actions.
- Operational Continuity: Ensure smooth handover to the evening dealer to maintain seamless trading operations.
- System Testing: Collaborate with the IS testing team on system upgrades, including reviewing and executing test scripts.
- Holiday Cover: Provide cover during holidays, including Bank Holidays, to ensure order books are monitored effectively.
- Portfolio Rebalancing: Support the coordination and execution of investment selection portfolio rebalancing trades, managing associated risks such as FX exposure and settlement.
- Structured Products: Oversee structured product transactions from inception to execution, liaising with third-party trading teams and internal stakeholders.
- Performance Reporting: Contribute to relevant management information (MI) to monitor and measure trading performance.
- Internal Collaboration: Build strong working relationships with colleagues in Wealth Management and Davy capital markets to ensure alignment on trading strategies and execution priorities.
- Market Insights: Contribute to twice-weekly market news summary session with the Wealth Operations department.
About you
We are looking for somebody who has the following background and skills:
- Minimum 5 years work experience in a similar role
- In depth knowledge of their discipline and typically resolves problems using existing solution
- Works independently and requires minimal guidance
- A Business/Finance Degree or equivalent
- Knowledge of Figaro and Infront a distinct advantage
- QFA qualification essential
- Accuracy and attention to detail
- Ability to work under pressure
- Excellent organizational skills
- A positive attitude, strong work ethic and a high level of enthusiasm
What we offer
We offer a range of benefits and experiences to support your professional and personal growth, whatever your career stage. Our benefits are not just a number. Yes, we offer competitive salary, annual performance-related discretionary bonus, annual flexible benefits, employer pension contribution, and multiple insurance coverage.But more than that, we focus on developing our people to be their best, professionally and personally.
Training support provided by award-winning Learning & Development Team, extensive sports & social programmes (including free on-site gym & fitness studio), flexible working options, employee assistance programme, enhanced leave options, and social & community care initiatives are just some of the ways our people can empower themselves to be their best.
Important Information
Davy is an equal opportunities employer, committed to fostering an inclusive and diverse workplace. We value diversity in both background and experience, and even if you don’t meet all of the requirements outlined in the job description, we still encourage you to apply.We review all applications received. As part of our commitment to creating an accessible environment, we want to ensure that everyone has an equal opportunity to participate in the interview process. If you require any reasonable accommodations, please let us know, and we will do our best to make the necessary arrangements.
Important Information
The position set out above is defined as a “Controlled Function (CF)” role, namely CF3, CF4, CF10.under Section 20 of the Central Bank Reform Act 2010 and Schedule 1 of the Regulations (S.I. No. 437 of 2011) as amended. In accordance with Section 21 of the Central Bank Reform Act 2010 and the Fitness and Probity Standards 2014, any offer of employment is conditional upon you demonstrating that you meet the Fitness & Probity requirements, applicable to this position.The role is also subject to the Minimum Competency Code and therefore there is a requirement to hold, or be willing to take the APA (Regulation & Investment) or (Pensions) or Registered Stockbroker or QFA exams.
Appointment to this role is subject to the candidate's eligibility to work in Ireland.
Where agency assistance is required, our Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to us by recruitment agencies will not be accepted for this role.
Davy Group is a member of the Bank of Ireland Group.