Full-Time
Business Development Associate
Monex
Corporate foreign exchange services
No salary listed
Vancouver, BC, Canada
In Person
 Business & Strategy (1) |
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- Proven experience in a business-to-business sales, business development, or account management role, ideally within financial services or foreign exchange.
- A strong outbound sales track record with the ability to consistently meet call volume, talk time, and pipeline targets.
- Strong relationship-building, negotiation, and presentation skills.
- Strong attention to detail, particularly with client onboarding, know-your-customer processes, and record-keeping requirements.
- The ability to work collaboratively with sales, compliance, risk, and trading teams.
- A high level of integrity and sound judgment when managing conflicts of interest and regulatory obligations.
- Proficiency with Microsoft Office, including Excel, Word, and Outlook, and customer relationship management or database systems.
- Conduct research to identify and target potential clients and generate new business opportunities.
- Conduct high-volume outbound sales calls, including 80 dials per day and a minimum average of 90 minutes of talk time per day.
- Generate 16 qualified opportunities per month.
- Build and maintain relationships with key decision-makers, stakeholders, and potential clients through networking, cold calling, email outreach, and other methods.
- Present and promote the company's foreign exchange products and services to potential clients alongside the Director.
- Collaborate with sales, marketing, and research teams to develop and execute comprehensive sales strategies and initiatives.
- Monitor market conditions, competitor activities, and regulatory changes to identify risks and opportunities within the foreign exchange industry.
- Provide regular sales reports and management updates, including pipeline analysis, revenue forecasts, and progress toward sales targets.
- Maintain current knowledge of the foreign exchange market, industry best practices, and emerging trends, including through financial press and webinars.
- Maintain accurate pipeline and forecasts and meet weekly, monthly, quarterly, and annual sales targets and key performance indicators.
- Maintain accurate records and client interaction notes in the FXDB company database in line with PIPEDA requirements.
- Assess the needs and expectations of onboarded clients and research and analyze client requirements to ensure appropriate service provision and customer satisfaction.
- Verify the authenticity and legitimacy of onboarded clients to prevent false or fraudulent individuals or entities from entering the company's clientele.
- Work with Financial Crime and Regulatory Compliance teams to complete client onboarding in accordance with company and applicable Canadian regulatory requirements.
- Maintain adequate knowledge of clients to enable the firm to deliver appropriate and suitable products and services.
- Liaise with Risk and Traders regarding margin facilities.
- Engage with clients with integrity and in accordance with Monex policies and high service standards.
- Understand and adhere to the complaints procedure, escalating matters where necessary.
- Identify and appropriately manage conflicts of interest in accordance with regulatory and company requirements.
- Perform first-line defense responsibilities diligently.
- Adhere to Monex's Anti-Money Laundering and Anti-Terrorist Financing compliance framework and applicable Canadian regulatory principles governing financial services business.
- Experience in foreign exchange, treasury, or corporate banking is highly desirable.
- Familiarity with PIPEDA and Canadian Anti-Money Laundering and Anti-Terrorist Financing requirements, including FINTRAC requirements, is an asset.
Monex is a corporate foreign-exchange and global-payments provider. Sales and advisory teams work with trading, operations, compliance, analytics, technology, and client service. It helps businesses execute cross-border payments, manage currency exposure, and use market information and hedging tools. The profile is Monex USA's business currency operation, not precious-metals dealers or every company in the wider group. Roles span foreign exchange, relationship management, payment operations, risk, finance, engineering, and support. The workforce connects regulated client service with technology, risk, operations, and professional support.
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
Houston, Texas
Founded
N/A
Simplify's Take
What believers are saying
- July 27, 2026 Braid partnership expands community-bank distribution.
- June 26, 2026 FX Wise Risk referral partnership adds corporate payment leads.
- March 30, 2026 Acceleron partnership expands inbound wires, virtual IBANs, and multi-currency balances.
What critics are saying
- CFTC and Ninth Circuit penalties on Monex Deposit and Monex Credit persist in 2026.
- Fiserv, Q2, and Braid integrations commoditize Monex’s partner-led distribution by 2027.
- A U.S. registration ruling can shut Monex USA’s retail FX channel outright.
What makes Monex unique
- Monex USA plugs embedded FX into Fiserv, Q2, and Braid workflows.
- Monex handled US$274 billion deliverable FX trades in 2024.
- Monex serves 70,000 clients across North America, Latin America, Europe, and Asia.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Commuter Benefits
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Disability Insurance
Parental Leave
Company Social Events
Pet Insurance
Long Term Disability
Short Term Disability
AD&D insurance
Hybrid Work Options
Company News
Acceleron and Monex announce U.S. Partnership to enhance international payments and streamline inbound wire processing. The integration allows community banks and credit unions to access expanded global payment rails and multi-currency capabilities through a single API WHITE RIVER JUNCTION, Vt., March 30, 2026 (Newswire.com) - Acceleron, an international wire transfer automation platform that helps community banks and credit unions to modernize cross-border payments and earn non-interest income, has partnered with the U.S. Division of Monex, a global foreign exchange and payments provider, to improve the speed, accuracy, and profitability of international transactions. The collaboration brings Monex's robust payment infrastructure into the Acceleron's correspondent banking ecosystem, giving financial institutions new capabilities for sending money internationally and managing inbound wires with greater efficiency. "This partnership introduces new capabilities our clients haven't had before, all through a single API, like access to virtual IBANs for cleaner inbound processing, the ability to hold funds in multiple currencies, and faster activation of international payment services," said Damon Magnuski, CEO of Acceleron. "It's a smarter, more scalable way for banks and fintechs to handle cross-border wires, and a major step forward in our mission to simplify global payments." Through the partnership, Acceleron clients can access Monex services through a single API, enabling international payments via both SWIFT and local rails. The integration also allows clients to hold funds in multiple currencies and hedge as needed, creating more flexibility for end users. "Think of this as a turnkey infrastructure for cross-border payments," said Michael Wilson, Managing Director of Partnerships at Monex. "We combine the technical rails and trading desk with client support, making it easy for Acceleron users to tap into a full range of global FX capabilities." Monex's virtual IBANs give corporate customers the ability to receive inbound wires in various currencies. Those funds can either be held or automatically converted to U.S. dollars, with data forwarded cleanly to the receiving financial institution. This helps reduce reconciliation issues and supports higher volumes of inbound transactions. "Monex also brings exceptional FX strength in Mexico, one of the most price-sensitive corridors in our network," said Magnuski. "With the partnership, our clients gain faster access to global rails, more competitive FX pricing, and operational tools that support growth." About Acceleron Acceleron is a modern correspondent banking technology platform that empowers community banks and credit unions to automate international wire transfers, capture non-interest income, and compete more effectively with big banks. With a foreign exchange (FX) marketplace and currency conversion engine, Acceleron's API-first infrastructure helps institutions turn cross-border payment flows into efficient, revenue-generating opportunities. Serving over 200 financial institutions and facilitating more than $1 billion in international payments annually, our correspondent banking services and international payment automation solutions are pre-integrated seamlessly with Fiserv Payments Exchange, Aptys, Braid, and other leading payments platforms. Learn more at www.acceleronbank.com. About Monex International Markets plc For over 40 years, Monex has provided corporate clients with industry-leading foreign exchange and international payment solutions. Monex International Markets is part of the wider financial services group controlled by Monex S.A.P.I. de C.V., a global, investment-grade financial services institution. Founded in 1985, Monex is a global financial services organization that serves more than 70,000 clients worldwide. In 2024, Monex managed US$274 billion in deliverable FX trades and US$15.3 billion in assets. Through its subsidiaries, the group offers financial services in key financial centers across North America, Latin America, Europe, and Asia and employs over 2,800 people globally. Disclaimer: All currency exchange, money transmission services, and related services shall be provided by Monex.
Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene.Fintechs made up the majority of headlines in the second part of July, with payment startups being especially active. Here are the product launches, partnerships, expansions, and funding we saw in the last two weeks.LaunchesChilean payments startup ProntoPaga launched a solution in Peru that allows its customers to reduce payout times by over 90%. Read more on LatamFintech Hub.Blooms, a Mexican fintech providing financial services for fruits and vegetables exporters, launched a platform to offer credit to its customers. Blooms also partnered with Monex USA to offer payments and FX solutions to exporters. Read more on LatamFintech Hub.PartnershipsBrazilian payments startup PagBrasil partnered with Wipay and Paybyrd to offer Pix in Spain, Portugal, and the Netherlands, allowing Brazilian customers to pay with Pix in Europe. Read more on LatamFintech Hub.ExpansionsPrex, a Uruguayan payments startup offering prepaid cards and accounts in both US Dollars and local currency, announced its expansion to Chile
Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene.Fintechs made up the majority of headlines in the second part of July, with payment startups being especially active. Here are the product launches, partnerships, expansions, and funding we saw in the last two weeks.LaunchesChilean payments startup ProntoPaga launched a solution in Peru that allows its customers to reduce payout times by over 90%. Read more on LatamFintech Hub.Blooms, a Mexican fintech providing financial services for fruits and vegetables exporters, launched a platform to offer credit to its customers. Blooms also partnered with Monex USA to offer payments and FX solutions to exporters. Read more on LatamFintech Hub.PartnershipsBrazilian payments startup PagBrasil partnered with Wipay and Paybyrd to offer Pix in Spain, Portugal, and the Netherlands, allowing Brazilian customers to pay with Pix in Europe. Read more on LatamFintech Hub.ExpansionsPrex, a Uruguayan payments startup offering prepaid cards and accounts in both US Dollars and local currency, announced its expansion to Chile
Fiserv and Monex USA will work together to help financial institutions complete international wire transfers. The companies said in a Wednesday (June 5) press release that Monex USA, a partner in global payment, corporate foreign exchange (FX) and currency risk hedging services, plans to integrate with Fiserv’s Payments Exchange. Via the integration, financial institutions that use Payments Exchange will be able to work directly with Monex USA as an FX partner to complete international wire transfers, according to the release
Monex USA, expert partners in global payments, corporate FX, and currency risk hedging services, today announced an integration with Q2's Digital Banking Platform via the Q2 Partner Accelerator Program.