Head of Sales

Monex

$150K — $180K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years in commercial FX, corporate treasury, or financial services sales with proven revenue growth
  • 2–3 years of experience leading and managing sales teams
  • Solid understanding of FX products and hedging strategies
  • Demonstrated ability to build and execute sales strategies across various client segments
  • Experience managing complex client relationships and senior stakeholders
  • Strong sales pipeline management and revenue forecasting skills
  • Familiarity with Canadian financial regulations preferred, bilingualism in English and French considered an asset

Responsibilities

  • Develop and execute a strategic business development plan for market expansion
  • Identify and evaluate new business opportunities and partnerships
  • Lead, mentor, and manage the sales team to meet targets
  • Set and monitor revenue targets in collaboration with executive leadership
  • Regularly report on sales performance metrics and progress to the CEO
  • Work collaboratively with compliance teams for the client onboarding process
  • Engage clients with integrity while adhering to company policies

Benefits

  • Hybrid work environment with flexibility in work location
  • Opportunity for ongoing professional development and training
  • Work with a leading partner in the FX and payments industry
  • Involvement in strategic decision-making at an executive level
  • Opportunity to shape the company's go-to-market strategy
Full Job Description

Head of Sales | Toronto

Job Overview

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 talent development.  

  • Provide ongoing training and professional development opportunities for the team.  

 

3. Sales Team Leadership  

  • Lead, mentor, and manage the Sales Executives, Director of Strategic Sales and Business Development Associate (BDA) team, providing guidance and support to achieve sales targets.  

  • Implement sales strategies and best practices to maximize team performance.  

 

5. Revenue Growth  

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

  • Implement pricing and sales strategies to optimize revenue.  

 

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 and tactics. 

 

Compliance, Risk & Regulatory 

  • Working effectively and collaboratively with Financial Crime and Regulatory Compliance teams to complete the Client onboarding process in line with Company and regulatory requirements; 

  • Ensuring adequate knowledge of their client (KYC) to enable the firm to deliver appropriate and suitable products and services;  

  • Liaise with Risk and Traders regarding margin facilities; 

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

  • Understand and adhere to Monex’s complaints procedure and escalating where necessary;  

  • Identify and appropriately manage conflicts of interest in 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:  

  • Strategic Thinking – 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. 

 

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