Product Sales Specialist – Financial Management Solutions

Wolters Kluwer; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player seeks a dynamic Finance Product Sales Specialist to drive growth in finance management solutions within the banking sector. This role involves utilizing a consultative selling approach to develop sales strategies, manage client relationships, and ensure successful delivery of tailored solutions. You will collaborate with cross-functional teams, conduct needs assessments, and deliver presentations to potential clients. If you are passionate about finance and have a proven track record in sales, this is an exciting opportunity to make a significant impact in a fast-paced environment.

Qualifications

• 5+ years in sales or business development in finance management.
• Strong understanding of banking industry and finance frameworks.

Responsibilities

• Develop and execute sales strategies for finance solutions.
• Coordinate with sales teams for effective execution and client engagement.

Skills

Sales Strategy Development

Client Relationship Management

Consultative Selling

Negotiation Skills

Market Insights

Networking

Communication Skills

Entrepreneurial Mindset

Education

Bachelor’s degree in Finance, Economics, Business

Master’s degree

Job description

Position Overview:

The Finance Product Sales Specialist will play a critical role in driving the growth of finance management solutions within the banking sector. The role will utilize a consultative selling approach to develop and execute sales strategies, engaging with key stakeholders, managing client relationships, and ensuring the successful delivery of tailored solutions to clients. The finance specialist will also work closely with internal teams to move deals through the sales process and achieve overall business targets.

Key Responsibilities:

1. Sales Strategy Development

• Collaboratively develop go-to-market (GTM) plans, including value proposition, aligned with revenue and market share objectives with Product Management, regional Sales Management Marketing and Professional Services and move to execute with local sales teams.
• Identify and prioritize target banking clients for Finance management solutions upsell or new logos.

2. Sales Execution

• Coordinate globally with sales teams to ensure effective execution of GTM strategies and identify opportunities with local sales teams in existing client base and new logos.
• Conduct needs assessments, communicate the value proposition tailored to customer needs and differentiated from the competition.
• Deliver presentations, product demonstrations, and workshops to potential clients identified by local sales teams or your own leads for both existing clients and new logos.
• Support proposal development, contract negotiations, and deal closures including on product subscription revenues and professional services.
• Collaborate with cross-functional teams (e.g., Marketing, Product, Legal, Sales Operations) to shepherd the deal from inception to closure and alignment to drive deals through the process end to end and ensure alignment across departments.

3. Performance Monitoring

• Track and report timely on sales activities, pipeline progress, and performance metrics.
• Provide regular updates on sales progress and market opportunities and pivots that may be needed.

4. Product Expertise & Market Insights

• Develop in-depth knowledge of the company’s finance management solutions and connectivity with regulatory compliance, reporting and risk offerings.
• Stay informed on regulatory changes, industry trends, and ESG related developments within Financial reporting.
• Provide feedback to product development teams to improve solutions based on market needs.

Qualifications and Skills:

• Bachelor’s degree in Finance, Economics, Business, or a related quantitative field. Masters degree is a plus.
• Minimum 5 years of experience in sales, business development, or consulting within the finance management or financial services software industry.
• Established network in the banking sector, particularly in the CFO offices.
• Proven success in achieving or exceeding sales targets in finance management solutions.
• Strong understanding of banking industry, finance management frameworks (e.g., IFRS standards/FASB standards like IFRS 9, ledger and subledger system for financial instruments), and regulatory compliance and related tools, technologies, and analytics, along with strong understanding of the balance sheet.
• Understanding of selling large finance transformation / accounting hub programs.
• Knowledge and ability to work with consulting and implementation partners across the Finance landscape.
• Exceptional solutioning, communication, presentation, and negotiation skills.
• Proficient in building relationships and networking within the industry.
• Entrepreneurial mindset with a proactive approach to driving business growth.
• Ability to work independently yet collaboratively in a fast-paced environment.

Key Performance Indicators (KPIs):

• Achieving quarterly and annual sales target for new business and retention of existing book.
• Expansion of client base and market penetration through successful closure of high-value deals.

For more details please contact Carl Rigby at [e-mail]