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Job Title


HEAD OF FOREIGN EXCHANGE (FX)


Company : Abra Capital Management


Location : Tumkur, Karnataka


Created : 2025-12-18


Job Type : Full Time


Job Description

HEAD OF FOREIGN EXCHANGE (FX)Position OverviewThe Head of FX Trading is a senior leadership role responsible for directional trading across global FX markets, executing institutional-grade technical analysis, and mentoring FX trading analysts. This role demands proven expertise in multi-timeframe technical analysis, fundamental macro analysis, and real-time execution discipline. The Head of FX will manage intraday, short-term swing, and long-term swing trading strategies across major and cross-currency pairs, while strictly adhering to the desk's Standard Operating Procedure (SOP). Core Responsibilities1. Directional Trading & Strategic ExecutionExecute directional trades across major FX pairs (EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, USD/CAD) and cross-pairs Manage three distinct trading strategies: Intraday Trading: Generate 2–3 daily trades targeting 25–50 pips each, with entry/exit confirmation on 1-hour and 4-hour structures Short-Term Swing Trading: Identify 2–3 weekly swing positions (2–3 day holds) targeting 50–100 pips Long-Term Swing Trading: Plan 1–2 week directional positions targeting 100+ pips based on daily/weekly structure Operate within a 9-hour trading window optimised for London/US session liquidity (13:00–16:00 GMT optimal window) Adapt trading thesis intraday, intraweek, and intramonth based on real-time price action, volume profiles, and fundamental shifts 2. Advanced Technical Analysis & Market Structure InterpretationDemonstrate expert-level mastery of: Market structure identification (higher highs/lower lows), liquidity mapping, fair value gaps (FVGs), order blocks, and breaker blocks Time-Price-Opportunity (TPO) Analysis: Identify value areas (VAH/VAL), point of control (POC), and time-price intersections critical for FX turning points Multi-Timeframe Validation: Establish weekly macro anchors, daily trend direction, 4-hour swing points, and 1-hour entry zones before the session opens Moving Average Ribbons: SMA 20, 50, 100, 200 for trend confirmation and momentum regime identification Candlestick Patterns & Price Action: Engulfing candles, pins, inside bars, harami patterns at confluence zones Volume & Spread Analysis: Identify volume concentration on directional candles vs. accumulation/distribution; adjust execution strategy for Asian/London/US session spread dynamics 3. Fundamental Macro Analysis & Currency Strength AssessmentConduct daily fundamental alignment validation, ensuring all trade theses are grounded in macro drivers: Interest Rate Differentials: Track ECB, Fed, BoE, BoJ, RBNZ rate guidance and policy shifts; understand how rate changes drive medium-term FX structure Real Yield Environment: Monitor inflation expectations, real yield trends, and USD strength correlation Economic Calendar Integration: Pre-event analysis of high-impact releases (NFP, CPI, GDP, PMI); identify how consensus expectations align with trade directional bias Geopolitical Risk Events: Rapidly assess safe-haven flows, carry trade dynamics, and risk sentiment shifts Central Bank Communication: Analyse forward guidance, policy pivot signals, and market implications for directional bias Reject technically sound trades if fundamental factors contradict directional thesis (e.g., EUR/USD long rejected if ECB signals rate cuts) 4. Trade Plan Development & Execution ProtocolGenerate executable trade plans meeting exact specifications. Present trade plans in standard template format (200 words maximum) Execute entries only when the price enters the specified zone. 5. Risk Management & Position OversightSize positions according to risk tolerance and daily/position limits Monitor open positions Scale positions or take partial profits with manager approval; 6. Continuous Opportunity Scouting & Watchlist ManagementMaintain an active asset watchlist (major pairs, cross-pairs, emerging pairs) Conduct a minimum of three watchlist scans per 9-hour shift (every 2–3 hours) Monitor new level formation, momentum shifts, session transitions (Asia close → London open → US open), and news catalysts Identify high-probability setups before the market opens and present new opportunities in a standard format with manager approval before execution Required QualificationsExperience (Mandatory)Minimum 7–10+ years in FX Analyst (or Equivalent) roles Proven directional trading track record across major and cross-currency pairs Demonstrated expertise in global currency analysis and macro FX drivers Experience trading intraday, short-term swing, and long-term swing positions Institutional trading desk background (hedge fund, proprietary trading firm, or investment bank) Technical Expertise (As Explained above)Fundamental & Macro Analysis (As Explained above)Analytical & Communication SkillsExceptional technical writing and verbal clarity: Ability to explain complex trade theses in 1–2 sentences Institutional-level presentation standards: Precise specifications, zero ambiguity, standard template adherence Quantitative analysis skills: P&L calculation, win rate analysis, risk/reward assessment, performance metrics Real-time decision-making: Rapid assessment of price action, confluence factors, and trade viability under pressure Educational BackgroundBachelor's degree in Finance, Economics, Mathematics, Engineering, or related quantitative field (minimum). Advanced certifications valued: CFA (particularly Level II+), FRM, or trading-specific certifications Personal AttributesAnalytical mindset: Data-driven decision-making; Proactive engagement: Continuous monitoring, scouting, and opportunity identification without prompting Remote-first capability: Self-directed work, time management, and professional communication in a distributed environment Technology proficiency: Fluent with trading platforms, charting software, API integration, and analytical toolsCompensation & Benefits StructureBase CompensationSalary Range: Up to 20% increment from the last drawn salary after verification. (based on experience, track record, and location) Performance bonuses tied to the end-of-year P&L targets Reporting Structure:Reports directly to the MD Contact: saif@ Please feel free to share your resume, cover letter, previous performance, and track record here.