At a Glance
- Tasks: Manage FX portfolios, originate new corporate clients, and deliver tailored risk management solutions.
- Company: Millbank FX, a leading foreign exchange and payments specialist in London.
- Benefits: Competitive salary, uncapped commission, and structured coaching for career growth.
- Other info: Opportunity for long-term progression in a results-driven culture.
- Why this job: Gain portfolio ownership and accountability in a fast-paced, high-performance environment.
- Qualifications: 1-3 years of FX experience and confidence engaging with senior stakeholders.
The predicted salary is between 30000 - 40000 € per year.
Location: Central London (20 King St, London EC2V 8EG)
About Millbank FX
Millbank FX is a London-based foreign exchange and payments specialist, trusted by mid-market and enterprise clients to manage currency risk and global payments with speed, accuracy, and integrity. We have processed over £6 billion in transactions and are scaling through disciplined hiring, automation, and uncompromising operational standards. Our culture is high-performance, results driven and process led.
The Opportunity
We are hiring additional Portfolio Managers to further strengthen our front desk and accelerate high-quality revenue growth across key verticals of the business. This role is designed for someone early in their FX career who wants portfolio ownership, accountability for delivering their own results, structure, and progression in a fast paced environment. Portfolio Managers at Millbank FX are responsible for originating new mid-market corporate relationships, trading and managing those clients, and growing high-value FX portfolios. You will report directly to the Chief Commercial Officer and operate within a clearly defined commercial framework focused on long‑term portfolio value.
What You Will Do
- Originate new mid-market corporate clients (£3m–£100m annual FX volumes)
- Build your own FX portfolio with full commercial accountability
- Price, trade, and manage client FX requirements within defined risk and margin frameworks
- Deliver tailored FX risk management solutions aligned to client objectives
- Develop a deep understanding of clients’ businesses, cashflows, and currency exposures
- Maintain disciplined pipeline management and accurate revenue forecasting
- Grow revenue through wallet share expansion and portfolio quality.
In the early phase of the role, the focus is new business origination. Over time, revenue compounds through portfolio ownership and disciplined management.
What You Will Bring
This role is suited to someone who has:
- 1–3 years’ FX experience
- Direct exposure to originating new corporate business
- Confidence engaging with CFOs, Finance Directors, and senior stakeholders
- A commercial mindset with the discipline to constantly improve
- Strong organisational habits and a results driven mentality
- Comfort operating in a high‑standards, feedback-driven environment
- Able to take a consultative approach and listen to a clients needs
- Confidence in being able to challenge C‑suite executives to preconceived beliefs around FX
- Hunter mentality
You are not expected to be fully formed. You are expected to be coachable, accountable, and commercially serious.
What Success Looks Like
Within 12 months, you will:
- Own a clean, diversified FX portfolio with recurring revenue
- Maintain accurate pipeline forecasting and commercial visibility
- Demonstrate margin discipline across all traded activity
- Convert new business into retained, high-quality client relationships
- Operate independently within Millbank’s commercial framework
- Be trusted as a revenue owner rather than a transaction chaser
Remuneration & Progression
Competitive base salary (£30,000 - £40,000 depending on experience)
Uncapped commission structure
Portfolio-linked commission uplift when targets are hit
Why Join Millbank FX
- Front-row exposure to a scaling, process‑led FX business
- Clear commercial standards and structured coaching
- Office‑based role within a high‑performance team environment
- Long‑term progression for people who operate with ownership and discipline
Millbank FX rewards people who deliver results.
Portfolio Manager employer: MILLBANK FX
Millbank FX is an exceptional employer located in the heart of Central London, offering a dynamic and high-performance work culture that prioritises results and accountability. With a strong focus on employee growth, the company provides structured coaching and clear commercial standards, ensuring that Portfolio Managers have the opportunity to build their own FX portfolios and achieve long-term career progression. The competitive remuneration package, including uncapped commission and portfolio-linked incentives, further enhances the appeal of joining this forward-thinking foreign exchange specialist.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Manager
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend FX events, and join relevant online forums. The more people you know, the better your chances of landing that Portfolio Manager role.
✨Tip Number 2
Practice your pitch! Be ready to talk about your experience and how it aligns with Millbank FX's goals. Show them you understand their business and can bring value right from the start.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to Millbank FX and express your interest in the Portfolio Manager position. A little initiative can go a long way!
✨Tip Number 4
Stay informed about market trends! Knowing the latest in FX will not only impress potential employers but also help you engage meaningfully during interviews. It shows you're serious about your career.
We think you need these skills to ace Portfolio Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Portfolio Manager role. Highlight your FX experience and any relevant achievements that show you can handle the responsibilities outlined in the job description.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about FX and how your skills align with Millbank FX's high-performance culture. Be genuine and let your personality come through.
Showcase Your Results-Driven Mindset:In your application, emphasise your results-driven mentality. Share specific examples of how you've achieved targets or improved processes in previous roles. We love seeing that hunter mentality!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive!
How to prepare for a job interview at MILLBANK FX
✨Know Your FX Stuff
Make sure you brush up on your foreign exchange knowledge before the interview. Understand the basics of currency risk management and be ready to discuss how you would approach building a portfolio. This will show that you're serious about the role and have a genuine interest in FX.
✨Showcase Your Commercial Mindset
Prepare examples from your past experiences where you've demonstrated a commercial mindset. Think about times when you've successfully engaged with senior stakeholders or contributed to revenue growth. This will help you illustrate that you can think strategically and are results-driven, which is key for a Portfolio Manager.
✨Ask Insightful Questions
During the interview, don’t just wait for questions to be thrown at you. Prepare some insightful questions about Millbank FX’s approach to client relationships and portfolio management. This shows that you’re not only interested in the role but also in how you can contribute to their success.
✨Demonstrate Your Coachability
Millbank FX values coachable candidates, so be ready to discuss how you've learned from feedback in the past. Share specific instances where you adapted your approach based on constructive criticism. This will highlight your willingness to grow and improve, which is essential in a fast-paced environment.
