Sales Director

Sales Director

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead sales efforts in hedge funds and fund administration, driving new business growth.
  • Company: Join a global leader in financial services with award-winning technology and a supportive culture.
  • Benefits: Enjoy hybrid work options, competitive salary, excellent commission structure, and career growth potential.
  • Why this job: Be part of a dynamic team focused on innovation and impactful client relationships in finance.
  • Qualifications: Proven sales experience in hedge funds, strong network, and a track record of building new business.
  • Other info: Regular travel required across Mainland Europe; participate in industry events and thought leadership.

The predicted salary is between 43200 - 72000 £ per year.

Sales Director – (Hedge Funds, Fund administration, Financial Services)

***This is a hybrid role and offering remote working***

An excellent opportunity has arisen for a Sales Director (Hedge Funds, Fund administration), ideally we seek candidates who have a proven track record of identifying and winning Hedge Fund, Managed Accounts, and Fund of Hedge Fund Administration mandates.

My client is a well-established, award-winning global provider of investment, financial services and software for the financial services and healthcare industries. With significant technology and expert resources, a highly supportive culture, scalable infrastructure and a rapidly expanding Hedge Fund Management client base, the role offers a long-term career with significant earnings potential, an excellent commission structure and a competitive salary.

The company is proud of its heritage as an industry leader with best in class proprietary technology and a global footprint across all financial products. This role would suit a collaborative, process-driven, structured and hungry business development executive passionate about winning new business.

Overview

  • The new Sales Development Director will be tasked with identifying and winning Hedge Fund, Managed Accounts, and Fund of Hedge Fund Administration mandates.
  • The preferred candidate must have hedge funds sales experience, a CFO/COO and key intermediary network, senior contacts with several global Prime Brokers, and contacts with legal and accountancy practices. Above all, the candidate must have a proven track record of building a significant pipeline of new business, working alongside dedicated subject matter experts and support teams.

Responsibilities

  • Develop a strong pipeline of potential clients in the hedge fund, managed account and Fund of Hedge Fund space with a focus on profitable new revenue generation.
  • Identify and win new business mainly in EMEA (UK and Mainland Europe focused), targeting both new fund launches and established funds across the hedge fund space.
  • Take ownership of the sales process and lead commercial negotiations in line with internally agreed parameters.
  • Help build the firm’s brand and increase brand awareness to generate quality leads.
  • Attendance and participation at industry events.
  • Develop and manage the financial intermediary and third-party services provider network including Prime Brokers, Solicitors, Auditors and Consultants.
  • Participate in the Hedge Fund team thought leadership initiatives by writing topical articles pertinent to the industry.
  • Regular Travel Required (Mainland Europe).

Experience

  • Ideally, the candidate must have a proven track record of building a significant pipeline of new business with material revenue in the hedge fund arena of outsourced middle-office, back-office, fund administration and accounting services.

Competencies

  • The ideal candidate will be a self-starter, a quick learner and will be expected to establish and maintain relationships with key influencers in the industry.
  • Self-motivated and driven to deliver strong sales results.
  • Ideally, previous sales experience and exposure to Fund Administration.
  • Must be a confident and successful sales-person, happy to make approaches to new/cold customers.
  • Strong interpersonal and communication skills (written and oral).
  • A real passion, knowledge and genuine interest in open-ended fund structures, market trends and regulations. The successful candidate should have the ability to identify opportunities for outsourcing services.

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Sales Director employer: REC SOLUTIONS LIMITED

Join a well-established, award-winning global provider of investment and financial services that values innovation and collaboration. With a supportive work culture, significant technology resources, and a competitive commission structure, this hybrid role offers you the chance to thrive in a rapidly expanding market while enjoying the flexibility of remote work. Embrace meaningful career growth opportunities as you contribute to an industry leader with a strong global presence and a commitment to excellence.
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Contact Detail:

REC SOLUTIONS LIMITED Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Sales Director

✨Tip Number 1

Network actively within the hedge fund community. Attend industry events and conferences to meet potential clients and key influencers. Building relationships with Prime Brokers, Solicitors, and Auditors can open doors to new business opportunities.

✨Tip Number 2

Stay updated on market trends and regulations in the hedge fund space. This knowledge will not only help you identify new business opportunities but also position you as a thought leader when engaging with potential clients.

✨Tip Number 3

Leverage your existing network of CFOs, COOs, and intermediaries. Reach out to them for introductions or referrals to hedge funds that may be looking for fund administration services.

✨Tip Number 4

Prepare to showcase your proven track record in building a significant pipeline of new business. Be ready to discuss specific examples of how you've successfully closed deals in the hedge fund arena during interviews.

We think you need these skills to ace Sales Director

Hedge Fund Sales Experience
Business Development
Pipeline Management
Commercial Negotiation
Client Relationship Management
Financial Services Knowledge
Intermediary Network Development
Market Trend Analysis
Regulatory Knowledge
Strong Communication Skills
Self-Motivation
Sales Strategy Development
Networking Skills
Industry Event Participation
Written Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in hedge funds, fund administration, and financial services. Emphasize your proven track record of winning new business and building a significant pipeline.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the industry and your understanding of market trends. Mention specific achievements in sales and how they relate to the role of Sales Director.

Highlight Relevant Contacts: In your application, mention your network of senior contacts with global Prime Brokers and legal/accountancy practices. This will demonstrate your ability to leverage relationships for business development.

Showcase Thought Leadership: If you have written articles or participated in industry events, include this in your application. It shows your engagement with the hedge fund community and your commitment to thought leadership.

How to prepare for a job interview at REC SOLUTIONS LIMITED

✨Showcase Your Track Record

Be prepared to discuss specific examples of how you've successfully identified and won Hedge Fund mandates in the past. Highlight your achievements and the impact they had on your previous employers.

✨Know the Industry Inside Out

Demonstrate your knowledge of the hedge fund landscape, including current market trends, regulations, and key players. This will show that you're not just a salesperson, but someone who understands the nuances of the industry.

✨Build Rapport with Key Influencers

Since the role requires establishing relationships with CFOs, COOs, and other intermediaries, be ready to discuss how you plan to leverage your existing network and build new connections in the financial services sector.

✨Prepare for Commercial Negotiations

Understand the sales process and be ready to discuss how you would lead commercial negotiations. Familiarize yourself with the company's parameters and be prepared to articulate how you can align your approach with their goals.

Sales Director
REC SOLUTIONS LIMITED
R
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