FX (Foreign Exchange)
Sales & Marketing · Location flexible, New York
Position: VP / Business Development Manager, North America
Line Manager/Reports to: Commercial Director
MillTechFX is the FinTech affiliate of Millennium Global Investments (www.milltechfx.com), one of the largest specialist currency managers with over $20bn AUM and winner of Currency Manager of the Year 2020 & 2021 (PIPA- FT Award).
MillTechFX was established to help Institutional Investors, Fund Managers and Corporate Treasurers to significantly reduce the cost and administrative burden associated with FX execution and hedging.
By externalizing our own execution infrastructure and combining cutting-edge technology with specialist operational management, we have created the first independent and comparative multi-bank currency solution.
This is a unique opportunity to be responsible for driving sales and building a portfolio of clients for MillTechFX in North America. You will focus on acquiring institutional and corporate clients through multi-channel sales, and by leveraging our digital marketing capabilities.
The role would ideally suit an ambitious and motivated high achiever of exceptional talent, with experience in sales and FX risk management and who is keen to join a rapidly growing and global team.
Your responsibilities in this role will include:
You will report to the Commercial Director and be responsible for generating revenue in North America by working closely with the global business development team to identify, contact, engage with, and close prospective clients within our target market for both transactional FX and hedging purposes.
You will have a strategic-level view of our practice and processes, make recommendations for improvement where necessary, and will be encouraged to take initiative, bring new ideas and help grow MillTechFX in North America.
We are deeply committed to embedding the best equality and diversity practices into all our activities so that we are an inclusive, welcoming and inspiring place to work. Specifically, for this role, we would welcome:
A proven track record of sales achievement that demonstrates innovation and self-motivation in winning new clients;
Minimum of 2-3 years of experience in FX sales, with product knowledge of FX spot, forwards, swaps, NDFs and options;
Specific knowledge of the investment and corporate treasurer community including liquid and alternative asset classes, fund structures, risk management practices and operational practices.
Knowledge of the wider FX marketplace and the role played by its different market participants, i.e., custodians, banks, prime brokers etc.;
Experience with trading platforms and digitalized execution services are required;
Knowledge of trade and transaction workflows are a benefit;
Ability to learn quickly and demonstrate both industry and product knowledge;
Self-starter and team-player who is capable of building strong networks which lead to successful business growth;
Excellent verbal and written communication skills; and
Highest levels of integrity and the ability to act with due skill, care, diligence and confidentiality as required by market conduct standards
What we offer in return:
Our commitment is to help you flourish in this role, through support with your professional development, opportunities to be involved in key projects, and exposure to challenges that you may not be offered in a larger organization. We will provide:
A competitive salary with annual reviews;
25 days paid annual leave;
Excellent staff development and training opportunities;
Flexible working arrangements; and
Medical insurance and other benefits.
How to apply?
We would love to hear from you if you think that you are a good fit for this role. To apply you should complete the on-line application form and upload your cv. One of the team will then be in touch with you to discuss the next steps.
MillTechFX: Market-leading FX services powered by cutting-edge technology
MillTechFX was launched with the aim of helping Institutional Investors, Fund Managers and Corporate Treasurers to benefit from Millennium Global’s currency management heritage and purchasing power in the multi-bank FX market.
Now, via the MillTechFX platform and its independent services, our clients can finally navigate the multi-bank FX market directly, and enjoy low-cost FX execution and streamlined operational processes.
MillTechFX (Millennium Global Treasury Services Ltd) is the fintech affiliate of Millennium Global Investments, one of the largest independent specialist currency managers.
Millennium Global was founded in 1994. Today it manages circa $20.7bn notional AuM (as at 30/04/2021) in managed currency solutions, and has competitively executed over $650bn average FX volume traded (based on 2018-2019) with 10+ of the largest bank counterparties in the world.
Both MillTechFX and Millennium Global are headquartered in London.
We are here to change our industry for the better.
By opening up the world of comparative FX execution for Institutional Investors, Fund Managers and Corporate Treasurers, MillTechFX aims to save every client time, money and drive greater transparency.
We are delivering on this goal. By connecting market-leading FX services with cutting-edge technology, we offer our clients the first independent multibank currency solution.
We are fast-growing, independent and global. How about you?
We are MillTechFX.
We are the people who created the go-to platform for easier, faster, low cost independent FX execution.
Previously this service was only available to the largest institutions. We didn’t think that was fair. So we opened the world of comparative multibank FX execution to all our customers.
Now we’re looking for the freshest, sharpest talent to join us in growing our international service and offering.
So if you like the sound of this and the sound of us, then we’d like to hear from you. See our latest vacancies to apply.