Business Development Manager, SRP

Total Derivatives Ltd; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

A well-established company specializing in derivatives and market intelligence is seeking a Business Development Manager. The role involves driving sales for a new hedge fund product, requiring strong prospecting, closing abilities, and knowledge of financial markets. Competitive benefits and a supportive work environment are offered to promote diversity and inclusion.

Benefits

Medical coverage

Dental coverage

Vision coverage

Employer matching retirement plan

Flexible work arrangements

Vacation time & paid holidays

Tuition reimbursement

Learning resources

Qualifications

• 3+ years success in consultative sales environment required.
• Experience in selling 6-figure deals preferred.

Responsibilities

• Deliver revenue and new business against quarterly targets.
• Prospect and contact potential clients through multiple channels.

Skills

Prospecting skills

Closing skills

Adaptability

Consultative sales

Tools

Salesforce

Job description

1270 Ave of the Americas, New York, NY 10020, USA Req #511

Derivia Intelligence is the world’s leading provider of critical data and market intelligence for derivatives and complex financial instruments, including structured products, futures and options.
For over 25 years, our flagship businesses have been providing these specialised sectors with an unrivalled combination of incisive and timely data, analysis and events.

Business Development Manager, SRP

Location: New York City, USA Reporting to: Chief Revenue Officer

Derivia Intelligence Limited is currently a unit of Delinian, a portfolio company of highly specialised global businesses, focused on critical insights into a broad range of markets. Delinian is owned by the PE firm Epiris and the intention is for theDerivia Intelligence Limitedbusiness to be sold as a stand-alone business over the next few years.

Diversity and belonging matter. Our Employee Resource Groups and our working and social environments reflect and thrive on those values. Given the importance we place on inclusion and diversity to our success, it is not by chance that Inclusion, Diversity and Well-being is the first of our five ESG focus areas.

We believe in equality of opportunity and welcome applications from individuals, regardless of age, ethnicity, disability, gender identity, sex, sexual orientation, socio-economic background, religion and/or belief, or any other classification protected by applicable laws.

If you are a person with a disability, please let us know if you need any help with the application or interview process, so we can make reasonable adjustments as best as possible. If you would prefer to discuss this in confidence, please email [e-mail]

JOB PURPOSE

SRP is at an exciting moment in its 21-year history, having recently rebranded to reflect its central role in the structured product industry. It is also seeing growing demand for its data intelligence services from new market segments globally, including the hedge fund space.

SRP has just launched an exciting new product to address the hedge fund market’s specific valuation and Greeks calculation needs, leveraging its global database of structured products. This database, which relies on a proprietary data model developed and perfected over the past 20 years, currently includes data points for c. 45m (and growing) structured products globally.The business development manager role is pivotal to the development of this product. They will be expected to combine high outreach volume, and consistent prospecting and discovery within this market. To be successful in this role they will need to combine solution-based selling, a deep understanding of Hedge Fund’s needs and a will to win.

KEY OBJECTIVES

• Deliver revenue and New Business against quarterly targets
• Win new business sales for the new SRP Greeks product into Hedge Funds
• Prospect and contact potential clients and key decision makers through multiple channels including face to face
• Demonstrate an understanding of the markets the company operates in, and an in-depth knowledge of the company’s products, who buys them, and why
• Create a territory plan for your assigned markets, highlighting opportunities for new logos
• Carry out New Business Account planning, detailed pre-call research on prospective clients and their organizations to maximize the percentage of trials converting to sales
• Travel to industry conferences and client’s offices where necessary
• Ensure you are fully aware of the company’s short, medium and long-term goals and your territory plan aligns with these.

KEY INTERFACES

• Work with the CRO to ensure consistent performance against agreed targets
• As a member of the Derivatives Sales Team, assist others, where required, to ensure Sales targets are achieved both individually and as an organization overall
• Provide customer feedback and insight to the relevant teams regarding product and content development
• Maintain close communication with the Global SRP Sales Team, Operations, Marketing
• Your decisions and suggestions should consider the impact on the other areas of the company and you should be aware of the impacts (both positive and negative) that it may have on those departments.

KNOWLEDGE, EXPERIENCE AND SKILLS

• 3+ Years demonstrable history of success in a consultative sales environment, required
• Exceptional prospecting & closing skills, required
• Experience selling 6-figure deals into financial institutions in North America, preferred
• Knowledge of hedge funds and quantitative trading, required
• Knowledge of derivatives and/or structured products, preferred
• Experience of using Salesforce
• Skilled user of MEDDPICC, MEDDICC, Challenger, SPIN or other B2B sales methodology

ATTRIBUTES

• Self-driven, results-oriented individual, with a positive outlook
• Adaptable and relishes new challenges
• A natural forward planner who critically assesses own performance
• Maintain a strong focus on growth.
• Ambitious for the team, business and set the tone for working at pace.

We offer a competitive compensation package which empowers our employees to thrive both professionally and personally. Our benefits package includes medical, dental and vision coverage, employer matching retirement plan, flexible work arrangements, vacation time & paid holidays, tuition reimbursement & learning resources.

We offer a competitive compensation package which empowers our employees to thrive both professionally and personally. Our benefits package includes medical, dental and vision coverage, employer matching retirement plan, flexible work arrangements, vacation time & paid holidays, tuition reimbursement & learning resources.

Derivia Intelligence provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, colour, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws

• 1270 Ave of the Americas, New York, NY 10020, USA