Monex Europe

Head of Sales

Monex Europe  •  Toronto, CA (Remote)  •  3 hours ago
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Job Description

Head of Sales | Toronto

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

We specialize 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 2025, Monex facilitated $198 billion in FX turnover and managed $16.1 billion in assets. With offices across North America (Canada, the US, and Mexico), Asia (Singapore), and Europe (the UK, Spain, and the Netherlands), we serve over 70,000 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 optimize efficiency, mitigate currency risk, and protect margins in an increasingly complex financial landscape.

Monex Canada is seeking a Head of Sales to lead and expand its commercial FX and payments sales function nationwide.

This player-coach role will build and manage a high-performing team, own revenue delivery, and stay directly involved in winning and growing strategic client relationships.

Working closely with the CEO, the Head of Sales will shape go-to-market strategy, broaden Monex’s reach with corporate and institutional clients, and strengthen the firm’s position as a leading FX and payments partner in Canada.

Key Responsibilities & Accountabilities:

  • 8+ years of experience in commercial FX, corporate treasury, institutional sales, or financial services sales, with a demonstrated record of revenue growth.
  • Minimum 2–3 years of experience leading, coaching, and managing sales professionals in a performance-driven environment.
  • Strong knowledge of FX products, including spot, forwards, options, hedging strategies, and international payments.
  • Proven ability to build and execute sales strategies across corporate, institutional, SME, and financial services client segments.
  • Demonstrated success managing complex client relationships, strategic accounts, and senior-level stakeholders.
  • Strong commercial acumen, with the ability to manage pipeline performance, conversion metrics, revenue forecasts, and sales reporting.
  • Experience recruiting, developing, and retaining high-performing sales talent.
  • Familiarity with Canadian financial services regulation, including FINTRAC, AML/ATF requirements, and MSB obligations, is preferred.
  • Established network among Canadian corporates, treasury professionals, financial institutions, or referral partners is considered a strong asset.
  • Bilingual fluency in English and French is an asset, particularly in support of Quebec market expansion.
  • Based in or willing to relocate to Toronto, with availability to work in a hybrid environment and travel as required for client and market development.

1.Strategic Business Development

  • Develop and execute a strategic business development plan to expand Monex Canada's market presence in the Forexindustry.

  • Identify and evaluate new business opportunities, partnerships, and markets to drive revenuegrowth.

2Team Development

  • Identify and groom future leaders within the organization, fostering a culture of talentdevelopment.

  • Provide ongoing training and professional development opportunities for theteam.

3.Sales Team Leadership

  • Lead, mentor, and manage theSales Executives, Director of Strategic Sales andBusiness Development Associate (BDA) team, providing guidance and support to achieve salestargets.

  • Implement sales strategies and best practices to maximize teamperformance.

5.Revenue Growth

  • Set and monitor revenue targets, working collaboratively with the executive leadership team to achieve growthobjectives.

  • Implement pricing and sales strategies to optimizerevenue.

6.Reporting and Analytics

  • Regularly report on business development activities, performance metrics, and progress towards goals to the CEO and executive leadership

  • Use data-driven insights to refine strategies andtactics.

Compliance, Risk& Regulatory

  • Workingeffectively and collaborativelywithFinancial Crime and RegulatoryComplianceteamsto complete the Client onboarding process in line with Companyand regulatoryrequirements;

  • Ensuring adequate knowledge of their client (KYC) toenable the firm todeliver appropriate and suitable productsandservices;

  • Liaise with Risk and Traders regardingmarginfacilities;

  • Engaging with theclient with integrity, ensuring high service standards and in accordance with Monex policies;

  • Understand andadhere toMonex’scomplaints procedureand escalatingwhere necessary;

  • Identify andappropriatelymanageconflicts of interestin accordance with regulatory and company requirements;

  • Ensure that the role as first-line defence is undertaken with diligence;

  • Ensure adherence with the FCA's 11 principles of business.

Business Knowledge / Technical Skills:

  • Financial Modelling & Forecasting– Expertise in budgeting, cash flow analysis, and financial scenario modelling.
  • Revenue Optimization– Understanding of pricing strategies, revenue recognition, and operational efficiency.
  • Data Analytics & Business Intelligence– Proficiency in BI tools (Power BI, Tableau, SQL, Python, or R).
  • ERP & Financial Systems– Experience with enterprise financial platforms (SAP, Oracle, NetSuite, Adaptive Insights).
  • Regulatory Compliance– Knowledge of financial regulations, risk management, and internal controls.

Leadership / Management Skills:

  • StrategicThinking– Ability to translate financial insights into business growth strategies.
  • Stakeholder Management– Experience working with C-suite executives, investors, and business leaders.
  • Decision-Making & Problem-Solving– Data-driven approach to solving complex financial and operational challenges.
  • Communication & Influence– Ability to present complex data in a clear and actionable manner.
  • Collaboration & Cross-Functional Leadership– Strong ability to work across teams (finance, sales, marketing, operations).
  • Change Management– Experience leading process improvements and technology-driven transformations.

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

Monex Europe

About Monex Europe

Monex Europe is part of the wider financial services group, Monex S.A.P.I. de C.V. (“Monex”), a global investment-grade financial services institution. 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.

In the UK, Monex Europe operates from the heart of London’s financial district. Monex Europe Limited is an authorised and regulated e-money institution, offering FX risk management solutions and global payment services. Monex Europe Markets Limited is an authorised investment firm, delivering sophisticated FX risk management strategies to professional clients.

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.

Industry
Finance & Insurance
Company Size
201-500 employees
Headquarters
London, GB
Year Founded
2006
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