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Salary
$45k – $147k per year (Estimated)
Location
In office (Toronto)
Employment
Full-Time
Overview
Company
Impact
Profile match
Convera is a global financial technology firm headquartered in Seattle, Washington, founded in 2021 after the acquisition of Western Union Business Solutions. The company offers cross-border payment processing, foreign exchange risk management through hedging products, and multi-currency account services for commercial clients. It serves over 26,000 customers across more than 200 countries and territories, facilitating transactions in over 140 currencies through its proprietary digital platform.

FX Sales/Structuring Representative - North America

As an FX Sales Representative, you will be responsible for uncovering and closing hedging opportunities from the Transition and Core client books as well as working with the New Business Sales teams and Partnerships channels to onboard new customers and transact hedging business thereafter. The role requires the creation of hedging solutions and dealing to address clients’ hedging risk, using our suite of derivative products, contributing to market commentary both internally and externally, representing the business at client functions and working with other internal stakeholders on projects as required.

Daily Responsibilities Include:

  • Supporting Client Managers with derivative pricing, either requested by the client or as a result of discussion amongst the dealing team.
  • Development of new strategies based on current market trends and analysis. This includes packaging brand new structures, assisting in formulating internal policies with regards to those products and communicating with compliance and legal on the go-to-market.
  • Trade execution and pre- & post-trade administrative compliance duties.
  • Supporting the team in preparation and presentation of bespoke Hedging/Treasury Policies.
  • Events and other large audience presentations on FX Risk subject matter
  • Client discovery meetings (prospective and existing clients)
  • Achieving quarterly and annual revenue targets for the North American Region.

The successful candidate will have:

  • Minimum of 12 months’ experience dealing hedging solutions (forward and option) to corporate or SME customers.
  • In depth knowledge and understanding of FX option structures and hedging strategies
  • Ability to structure FX option hedging solutions
  • Technical & fundamental understanding of broad financial markets
  • Ability to disseminate technical and fundamental knowledge into a saleable form
  • Some sales experience, either business development or upsell to existing clients, preferred
  • Excellent communication and listening skills
  • Ability to ask probing questions to understand needs of customer and solution sell FX risk management strategies
  • High degree of professionalism
  • Strong desire to succeed and motivate self and the team
  • Ability to deal effectively with all types of people, build and maintain supportive relationships with key business contacts
  • Effective time management skills
  • Excellent presentation skills
  • Solid IT skills with ability to use MS Excel, Word, PowerPoint, Reuters & Bloomberg.
  • MBA and/or CFA designation (or working towards) would be an asset.
  • Bilingual candidates preferred: FRENCH and ENGLISH

About Convera

Convera serves more than 30,000 customers ranging from small business owners to enterprise treasurers to educational institutions to financial institutions to law firms to NGOs.

Our teams care deeply about the value we bring to our customers, which makes Convera a rewarding place to work. This is an exciting time for our organization as we build our team with growth-minded, results-oriented people who are looking to move fast in an innovative environment.

As a truly global company with employees in over 20 countries, we are passionate about diversity; we seek and celebrate people from different backgrounds, lifestyles, and unique points of view. We want to work with the best people and ensure we foster a culture of inclusion and belonging.

We offer an abundance of competitive perks and benefits including:

  • Competitive salary
  • Fun and supportive culture that embraces diversity
  • Modern office space in the CBD with stocked kitchen (incl. snacks, fruit, beverages, coffee)
  • Great career growth and development opportunities in a global organization
  • Full-time office-based role
  • Paid community and volunteer leave

There are plenty of amazing opportunities at Convera for talented, creative problem solvers who never settle for good enough and are looking to transform Business to Business payments.

Pay Transparency Statement

Convera is committed to transparent, fair, and equitable hiring practices in full compliance with Canadian federal and provincial requirements.

  • Compensation: This role pays 110,000 - 133,000 per year + a 30% variable
  • AI Use: Convera does not use artificial intelligence to screen, assess, or select applicants.
  • Vacancy Status: This posting is for an existing vacancy.
  • Canadian Experience: Convera does not require Canadian work experience.
  • Benefits: We offer a competitive benefits package, including health coverage, retirement savings options, paid time off, and wellness resources.

Final compensation and benefits will be discussed during the hiring process and may vary based on individual circumstances and business needs.

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