---
title: 'Director of Business Development, Financial Institutions at Monad Foundation'
canonical: 'https://feeny.ai/job/director-of-business-development-financial-institutions-monad-foundation-new-9agmkknn25aj'
type: 'job'
last_seen: '2026-09-15'
---

# Director of Business Development, Financial Institutions at Monad Foundation

- **Company:** Monad Foundation
- **Location:** New York, NY
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-08-10
- **Last confirmed live:** 2026-09-15
- **Apply:** https://jobs.ashbyhq.com/monad.foundation/c3707b91-da6a-49ce-90d2-30f5d44bb495

## Job description

The Monad Foundation is a team of dedicated ecosystem and community builders who are on a mission to massively grow the impact of decentralized tech. We believe that the [Monad](https://monad.xyz/) blockchain--the performant and parallel EVM Layer 1--will help decentralized apps eat the world.

## The Role

We’re looking for a Director of Business Development | Financial Institutions to build out the Financial Institutions vertical for the Monad Foundation. This is an entrepreneurial, high-autonomy role for someone who thrives on building from zero, identifying opportunities, forming partnerships, and creating momentum around real financial usage on the blockchain. This is a dual-mandate role. On one side, you will own Monad's financial institution relationships — building the pipeline, advisor network, and institutional narrative that positions Monad as the chain of choice when banks, exchanges, and market infrastructure providers evaluate where to build on-chain. On the other hand, you will own the operational backbone of Monad's institutional communications function — keeping stakeholders informed, tracking ecosystem and token health, and ensuring this function runs with consistency and quality.

## What You Will Do

Financial Institutions – BD & Advisory

- Build and manage a structured pipeline of target financial institutions — banks, exchanges, clearing houses, asset managers, and market infrastructure providers (e.g CME, ICE/NYSE, DTCC, Nasdaq etc) — tracking each organization across stages of engagement: awareness, evaluation, pilot, and committed.
- Develop deep, trust-based relationships with senior decision-makers at major financial institutions, with a focus on the individuals and teams responsible for blockchain strategy, digital assets, and infrastructure decisions.
- Cultivate internal champions within each target institution, recognizing that institutional decisions involve multiple stakeholders and that durable progress requires building a coalition, not relying on a single relationship.
- Develop and execute an advisor and influencer strategy — identifying and engaging the consulting firms, advisors, and intermediaries that shape how financial institutions think about chain selection. These relationships often have more bearing on institutional decisions than direct BD efforts alone.
- Maintain a real-time, working view of which institutions are evaluating competing chains and infrastructure, and the underlying drivers of those evaluations. Develop a sharp, insightful positioning for why Monad is the better fit for specific institutional use cases.
- Build Monad's presence in the forums, working groups, and industry bodies where institutional blockchain strategy is formed.
- Develop and maintain Monad's institutional narrative — a clear, compelling, and technically credible articulation of why Monad is the right infrastructure partner for financial institutions building on-chain.

MON Ecosystem & Institutional Communications

- Own the operational cadence of institutional communications: drafting regular ecosystem updates, preparing materials for calls and meetings, and maintaining a consistent outreach rhythm with current and prospective institutional stakeholders.
- Monitor sentiment across institutional channels, identifying shifts in perception early and surfacing them internally with context and recommended responses.
- Support the development and refinement of Monad's institutional narrative, ensuring stakeholders have a clear and differentiated understanding of what Monad is building and why it matters.
- Manage the logistics and follow-through of institutional relationships — ensuring no current stakeholder or warm prospect goes dark due to operational gaps.

## Who You Are

Background

- 6-10 years of experience in one or more of the following: financial institution partnerships, institutional BD, management consulting with a financial services focus, or a crypto infrastructure company where you have seen the pipeline of institutions looking to build on the blockchain.
- Direct exposure to how large financial institutions evaluate, procure, and adopt new technology infrastructure — you understand the internal dynamics, stakeholders, and timelines involved.
- Existing relationships within financial institutions, consulting firms, or the broader institutional crypto ecosystem that give you a running start.

## Skills

- Exceptional written communication — investor updates, institutional materials, and narrative documents you produce should be clear, precise, and credible without requiring heavy editing.
- Familiarity with token markets and institutional investor behavior — you understand how institutional allocators think about digital assets, what drives conviction, and what erodes it.
- Comfortable managing multiple workstreams with different audiences and timelines simultaneously, without dropping quality on either.
- Analytically sharp enough to track competitive dynamics across chains and synthesize institutional feedback into actionable intelligence.

## Why Work with Us

- Challenging problems. You’ll tackle deeply complex and technically demanding problems, with autonomy and impact.
- Endless Opportunity for Impact. The Ethereum Virtual Machine (EVM) standard is ubiquitous, but existing EVM-compatible chains are slow and bandwidth-constrained. Monad’s core innovations offer developers and founders the best of both worlds (portability and performance) and are a game-changer to power global on-chain finance.
- The right team. You’ll be part of a world class team, who are exceptional and highly-motivated.
- Culture. We’re a lean team working together to achieve very ambitious goals. We are united in our culture of collaboration, low ego, and high-quality output.
- Strong Ecosystem. The broader Monad ecosystem has attracted support from leading investors, builders and long-term contributors.

## About Monad Foundation

## Company Overview
- **One-liner**: Monad Foundation is an independent organization dedicated to supporting the development, adoption, and growth of the Monad blockchain protocol, a high-performance, EVM-compatible Layer 1 blockchain.
- **Entity Type**: Private (Foundation/DAO structure)
- **Headquarters**: San Francisco, United States
- **Founded**: 2022
- **Founders**: Not publicly available (the Monad protocol was built by a team including Keone Hon, James Hunsaker, and others, but the Foundation’s specific founders are not listed)

## Core Business
- **Primary industry/industries**: Blockchain infrastructure, Layer 1 protocol, Decentralized Finance (DeFi), Web3
- **Target customers**: Developers building on the Monad protocol, validators, institutional DeFi participants, and end-users of decentralized applications (dApps) on the Monad ecosystem.
- **Mission or purpose statement**: To support the growth of the Monad protocol through developer support, ecosystem initiatives, and decentralization efforts, ultimately fostering the adoption of a high-performance, EVM-compatible blockchain. [monad.foundation](https://www.monad.foundation/)

## Products & Services
- **[Monad Protocol]**: A high-performance, EVM-compatible Layer 1 blockchain designed to address scalability challenges while maintaining compatibility with Ethereum-based smart contracts and tools. It is now live on mainnet.
- **[Developer Documentation & Support]**: Comprehensive documentation, developer tooling, and grants to support builders in deploying and scaling dApps on the Monad network.
- **[Ecosystem Initiatives]**: Programs to foster the growth of the Monad ecosystem, including marketing, advisory services, and community-building efforts.

## Market Standing
- **Valuation/Market Cap**: Not publicly available (the Foundation is a non-profit entity; the Monad protocol’s token value is determined by the market, but no specific valuation for the Foundation is disclosed).
- **Key Metric**: **Total Funding**: Not disclosed for the Foundation itself; however, the Monad protocol’s development team raised significant funding (e.g., a $225M round led by Paradigm in 2024). The Foundation is independently funded.
- **Notable Investors/Partners**: The Monad protocol has backing from Paradigm, one of the largest crypto venture capital firms. The Foundation partners with various validators, DeFi protocols, and infrastructure providers in the Monad ecosystem.
- **Growth Signals**:
    - **Mainnet Launch**: Monad Mainnet is live as of 2025, marking a major milestone. [monad.foundation](https://www.monad.foundation/)
    - **Headcount**: Approximately 200 employees, indicating a scaling organization. [web3vacancy.com](https://web3vacancy.com/companies/monad-foundation)
    - **Active Hiring**: 22+ open roles across business development, research, marketing, and leadership positions, including roles in New York, South Korea, and remote. [jobs.ashbyhq.com](https://jobs.ashbyhq.com/monad.foundation)

## Competitive Advantages
- **EVM Compatibility**: Full compatibility with Ethereum’s Virtual Machine (EVM) allows developers to deploy existing Ethereum smart contracts and tools on Monad with minimal changes, reducing friction for adoption.
- **High Performance**: The Monad protocol is designed to achieve high transaction throughput and low latency, rivaling non-EVM chains while retaining Ethereum’s developer ecosystem.
- **Strong Backing**: Backed by Paradigm, a top-tier crypto VC, providing credibility, resources, and network effects.
- **Independent Foundation Structure**: The Monad Foundation operates as an independent entity focused solely on ecosystem growth and decentralization, separate from the protocol’s core development team, which can foster trust and long-term sustainability.

## Strategic Focus
- **Ecosystem Expansion**: Scaling the Monad ecosystem by attracting developers, DeFi protocols, and institutional partners.
- **Decentralization**: Promoting validator-led governance and reducing central points of control over the network.
- **Institutional Adoption**: Targeting traditional financial institutions and large-scale DeFi participants with roles like Business Development Lead, Financial Institutions and Tokenization Lead. [eco-jobs.monad.xyz](https://eco-jobs.monad.xyz/)
- **Global Reach**: Expanding into key markets such as South Korea (Head of Korea role) and the US (New York). [eco-jobs.monad.xyz](https://eco-jobs.monad.xyz/)

## Why Work Here
- **Culture**: The Foundation operates at the cutting edge of blockchain technology, offering a mission-driven environment focused on building the future of decentralized finance and infrastructure.
- **Remote/Hybrid Policy**: Many roles are listed as remote, with some requiring presence in New York, NY, USA, or South Korea. The organization supports a flexible work model. [eco-jobs.monad.xyz](https://eco-jobs.monad.xyz/)
- **Compensation**: Competitive compensation packages, with roles like Senior Researcher (Mechanism Design and Systems) and Quantitative Researcher offering USD 180k–250k/year plus equity. [eco-jobs.monad.xyz](https://eco-jobs.monad.xyz/)
- **Engineering Culture**: Emphasis on research and engineering excellence, with dedicated roles for mechanism design and systems research, indicating a strong technical culture.
- **Growth Trajectory**: With a live mainnet, 200 employees, and active hiring across multiple senior and director-level positions, the Foundation is in a high-growth phase, offering significant career development opportunities.

## Sources
1. [monad.foundation](https://www.monad.foundation/)
2. [jobs.ashbyhq.com](https://jobs.ashbyhq.com/monad.foundation)
3. [eco-jobs.monad.xyz](https://eco-jobs.monad.xyz/)
4. [web3vacancy.com](https://web3vacancy.com/companies/monad-foundation)
5. [linkedin.com](https://www.linkedin.com/company/monad-network)

## Other roles at Monad Foundation

- [Head of Korea](https://feeny.ai/job/head-of-korea-monad-foundation-south-korea-pse6z2tnbs7p) — South Korea
- [Head of Japan](https://feeny.ai/job/head-of-japan-monad-foundation-japan-nc2m89qp65j5) — Japan
- [Quantitative Researcher](https://feeny.ai/job/quantitative-researcher-monad-foundation-remote-50s56sn052jz)
- [Head of DeFi](https://feeny.ai/job/head-of-defi-monad-foundation-remote-wq9rv606b98c)
- [DeFi Growth Lead](https://feeny.ai/job/defi-growth-lead-monad-foundation-remote-zfwf7x1ft0cn)