Business Development Associate

Posted 4 Days Ago
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Toronto, ON
In-Office
Entry level
Fintech • Payments • Software • Financial Services
The Role
Conduct outbound prospecting and research to generate leads, build relationships with decision-makers, present FX products, collaborate with internal teams on sales strategies, report progress, and continuously learn FX market trends.
Summary Generated by Built In

Business Development Associate | Toronto

Monex is a leading global financial solutions provider, offering a complete set of tools to support business growth and strategic financial operations.

We specialise in FX risk management and international payments, helping corporate and institutional clients design tailored FX solutions to navigate currency volatility with confidence. Our team of FX specialists implement well-considered currency strategies, offering dedicated support to help clients manage their payment needs – whether for goods, services, or direct investments.

In 2023, Monex facilitated $309 billion in FX turnover, managed $10.7 billion in assets, and processed 8.5 million transactions. With offices across North America (Canada, the US, and Mexico), Asia (Singapore), and Europe (the UK, Spain, and the Netherlands), we serve over 66,000 clients worldwide.

By combining global reach with deep local market expertise, Monex enhances businesses with a suite of financial solutions and FX market analysis to help optimise efficiency, mitigate currency risk, and protect margins in an increasingly complex financial landscape.  Our corporate client experience is further enhanced by our dedicated sector expertise across a range of industries.

Job Overview

• Research and target potential clients to generate new business opportunities.
• Conduct high-volume outbound sales calls.
• Cultivate relationships with key decision-makers and stakeholders through various channels.
• Present and promote our foreign exchange products and services alongside the Director.
• Collaborate with internal teams to develop and execute effective sales strategies.
• Stay informed about market conditions, competitors, and regulatory changes.
• Provide regular sales reports and updates to management.
• Continuously enhance your knowledge of the foreign exchange market and industry trends.

Key skills, experience and competencies required to be successful in this role

• Exceptional interpersonal and communication skills.
• Self-motivated with a proactive approach to business development.
• Ability to thrive both independently and in a team environment.

Additional Qualifications

• Bachelor's degree in Business, Finance, Economics, or related field preferred.
• Strong negotiation and closing skills are advantageous.
• Previous sales success is a plus.
• Familiarity with CRM software or relevant sales tools is beneficial.
• Proficient in another language is an advantage but not required.
What We Offer
• A competitive base salary with a lucrative commission structure based on performance.
• Comprehensive benefits package including health, dental, and vision insurance.
• Opportunities for career advancement within a rapidly growing company.
• A collaborative, dynamic work environment where your contributions are valued.
• Professional development opportunities to enhance your skills and knowledge

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!

Top Skills

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The Company
HQ: London
231 Employees
Year Founded: 2006

What We Do

Monex Europe is a specialist in commercial foreign exchange. We offer a range of FX services aimed at corporate and institutional clients to manage foreign exchange exposure and international payments.

We work with our clients to execute considered FX strategies. Combining a personal and proactive service, our currency specialists will help you choose the right option for your specific business needs.

Monex Europe Limited is part of the wider financial services group, Monex S.A.P.I. de C.V. (“Monex”), a global investment-grade financial services institution. The group services more than 66,000 clients worldwide. Monex’s team of experienced and professional FX specialists provide local support to corporate and institutional clients in each region of the world.

Headquartered in London (UK) Monex Europe Limited is an independent subsidiary of Monex Europe Holdings Limited. Monex Europe Holdings Limited operates various subsidiaries in the FX industry, comprising of Monex Europe Limited, Monex Europe Markets Limited, Monex Europe S.A., Monex Canada Inc., MonFX Pte Ltd.; with offices in the UK, Spain, the Netherlands, Luxembourg, Toronto and Singapore.

Our focus is on helping our clients make better informed trading decisions and stay on top of fast moving, volatile markets. Our FX analysts provide clients with daily FX updates, regular macroeconomic reports and in-depth actionable insights for G10 and Emerging Markets.

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