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Money Broker Jobs (NOW HIRING)

Broker Account Representative We are one of the fastest-growing hard money lenders in the U.S., originating over $300M+ annually and continuing to expand across the East Coast. This is not a ...

ABOUT US We are one of the fastest-growing hard money lenders in the U.S., originating over $300M ... JOB SUMMARY The Broker Account Representative at is responsible for building and managing strong ...

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Money Broker information

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$11K

$82.4K

$182.5K

How much do money broker jobs pay per year?

As of Jun 10, 2026, the average yearly pay for money broker in the United States is $82,428.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,000.00 and $131,500.00 per year, depending on experience, location, and employer.

What is the difference between Money Broker vs Loan Officer?

AspectMoney BrokerLoan Officer
CredentialsTypically requires financial licensing, knowledge of marketsRequires mortgage or loan originator licenses, financial knowledge
Work EnvironmentWorks independently or with brokers, often remotelyWorks at banks, credit unions, or mortgage companies
Industry UsageUsed in financial markets, currency exchange, and private lendingUsed in banking, mortgage lending, and real estate

While both Money Brokers and Loan Officers facilitate financial transactions, Money Brokers primarily operate in currency exchange and private lending markets, often working independently. Loan Officers focus on mortgage and personal loans within banking institutions. Understanding these differences helps in choosing the right career path or service provider.

What are the key skills and qualifications needed to thrive as a Money Broker, and why are they important?

To thrive as a Money Broker, you need a solid understanding of financial markets, strong numerical skills, and typically a degree in finance, economics, or a related field. Familiarity with trading platforms, financial analysis software, and relevant regulatory certifications (such as FCA authorization) is often required. Outstanding negotiation, communication, and relationship-building skills help set successful money brokers apart. These abilities are essential for facilitating complex financial transactions, maintaining compliance, and building trust with clients and counterparties.

How does a Money Broker typically collaborate with financial institutions and clients on a daily basis?

A Money Broker acts as an intermediary between financial institutions, such as banks and investment firms, to facilitate large-scale transactions like loans, deposits, or foreign exchange deals. On a daily basis, Money Brokers communicate with clients to understand their needs, negotiate terms, and match counterparties for optimal deals. They also stay updated on market trends and ensure regulatory compliance. Effective collaboration and relationship-building with both clients and institutions are crucial for success in this fast-paced role.

What are money brokers and what do they do?

Money brokers act as intermediaries between banks and other financial institutions, helping them borrow and lend money in the short-term money markets. They do not use their own funds, but instead facilitate transactions by matching parties who want to borrow or lend. Money brokers play a key role in ensuring liquidity in the financial system and often deal with instruments such as certificates of deposit, treasury bills, and interbank loans.
More about Money Broker jobs
What states have the most Money Broker jobs? States with the most job openings for Money Broker jobs include:
Infographic showing various Money Broker job openings in the United States as of June 2026, with employment types broken down into 8% Full Time, and 92% Part Time. Highlights an 94% Physical, and 6% Remote job distribution, with an average salary of $82,428 per year, or $39.6 per hour.
Open Deck Freight Broker - Minnesota

Open Deck Freight Broker - Minnesota

LeFebvre Companies, Inc

Elk River, MN

$45K - $65K/yr

Other

Posted 26 days ago


Job description

Description

The Open Deck Freight Broker is responsible for developing and managing a profitable book of business within the specialized and Open Deck freight market. This role focuses on building strong customer and carrier relationships, securing new business opportunities, and coordinating shipments from pickup through delivery. The ideal candidate is a driven, relationship-focused professional with a strong understanding of open deck and specialized freight who thrives in a fast-paced, results-oriented environment. 

All duties to be performed according to the established standard and in compliance with all company policies and procedures while maintaining regular, prompt attendance and availability to work outside standard business hours as needed:

  • Develop, manage, and grow a profitable freight brokerage book of business across a variety of freight modes including flatbed, specialized, and heavy haul.
  • Prospect and secure new business opportunities through cold calls, email outreach, networking, referrals, and in-person meetings.
  • Build and maintain strong relationships with customers, carriers, and industry contacts to support long-term growth.
  • Serve as the primary point of contact for key customer accounts and ensure a high level of customer satisfaction.
  • Negotiate rates with customers and carriers to maximize profitability while remaining competitive in the market.
  • Source, vet, and manage carrier relationships to ensure quality service, safety, compliance, and capacity.
  • Coordinate and monitor shipments from pickup through delivery, resolving issues proactively and communicating updates as needed.
  • Maintain accurate records, customer notes, load details, and sales activity within the company systems.
  • Support the company's mission, vision, and core values while promoting a positive and accountable team culture.


Requirements

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation(s) may be made to enable individuals with disabilities to perform the essential functions.

Education/Experience

  • Bachelor's degree preferred, but not required
  • 2-5+ years in freight brokerage or logistics sales 
  • Proven experience building or managing a book of business 

Strong understanding of: 

  • Carrier Sourcing 
  • Rate Negotiation 
  • Shipment lifecycle (pickup ? delivery) 

Industry-Specific Experience preferred, but not required 

  • Experience with: 
  • Flatbed / open deck / specialized freight 
  • Heavy haul or oversize loads 
  • Familiarity with: 
  • Permits, routing, escort requirements 

Language Ability

  • Ability to read and comprehend simple instructions, short correspondence and memos. 
  • Ability to write simple correspondence.  
  • Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.

Math Ability

  • Ability to add, subtract two digit numbers and to multiply and divide with 10's and 100's.  
  • Ability to perform these operations using units of American money and weight measurement, volume, and distance. 

Reasoning Ability

  • Proven ability to build and manage a freight book of business
  • Strong negotiation, communication, and customer service skills
  • Self-motivated and results-oriented with a strong work ethic
  • Excellent problem-solving and organizational abilities
  • No current non-compete or non-solicitation restrictions

Computer Skills

  • Working knowledge of the computers preferred.

Certificates, Licenses and Registrations

  • None required.