Foreign Exchange Dealer

Monex USA (formerly Tempus, Inc)
Washington, DC Full Time
POSTED ON 4/15/2024

Location: Washington, DC.; In-Person

Status: Full-time; Exempt

Reports to: Vice President of Dealing & Trading

Direct Reports: N/A

Typical Work Hours: 7:30 a.m. to 4:00 p.m. Monday to Friday

Since 1999, Monex USA has provided corporate clients with the best foreign exchange (FX) and international payment solutions in the industry. Monex USA guides thousands of clients, from a broad spectrum of industry sectors, through the intricacies of the currency markets. Our unique market insight is widely recognized in main-line business media such as The Wall Street Journal, Reuters, Bloomberg, and CNBC. 

Monex is looking for a dynamic FX Dealer to join our team.  Monex Dealers are responsible for executing client deals in foreign exchange products.  Dealers liaise directly with financial decision makers of multinational organizations to help them navigate the intricacies of the FX market based on the in-depth knowledge of the client and the client’s fx needs.  Dealers will work very closely with Sales to ensure a long, profitable relationship with the clients.  Dealers must uphold the highest standards of integrity.

Responsibilities:

  • Ensuring clients are dealt with promptly and in accordance with company policies
  • Ensuring adequate knowledge of their client (KYC) to deliver appropriate and suitable products, services and guidance
  • Maintaining good client relationships built on integrity, trust and the client’s best interests
  • Executing trades on behalf of clients
  • Record all client/prospect communication on our CRM system ensuring details are accurate and up to date.
  • Maintaining a knowledge and understanding of the economic climate and subsequent likely impacts upon Monex and its clients
  • Participating in sales and business development activities to attract new clients
  • Developing and maintaining relationships with clients and business partners.

Required Qualifications:

  • Extensive knowledge of currency trading
  • Strong quantitative skills
  • Optimal organizational and analytical skills
  • Keen attention to detail and the ability to spot opportunities that others miss.

Desired Characteristics:

  • A positive attitude that sees the bigger picture.
  • Works well in a team environment but can simultaneously work independently.
  • Extremely detail oriented.
  • Understanding of the importance of confidentiality
  • The ability to multi-task but also prioritize in a changing environment.
  • The ability to ask client probing questions and suggest dynamic solutions.
  • Strong analytical, written, and verbal communication skills
  • Professional demeanor with a confident and assertive style.

Preferred Experience:

  • A BA/BS in Business Administration, Finance, Economics or related field
  • Proven FX Dealing track record
  • Understanding of product and market knowledge including FX spot, forwards, and international payments is a strong plus
  • High Standard of oral and written English is mandatory; fluency in other languages, especially Spanish, is desirable. 

Travel:

  • 15% travel is required for this position.

Compensation:

Salary is commensurate with experience.  The annual salary range is $55,000 to $75,000 plus a competitive commission package. Potential year one earnings of $140,000.

Benefits:

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Long Term Disability
  • Short Term Disability
  • AD&D insurance
  • Commuter Benefits
  • 401K & Roth
  • 16 days of PTO
  • Pet Insurance

MonexUSA Inc. is an Equal Opportunity Employer. Diversity is valued and the company will not tolerate any form of discrimination or harassment.

Salary.com Estimation for Foreign Exchange Dealer in Washington, DC
$107,371 to $146,326
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