At a Glance
- Tasks: Lead sales efforts for innovative trading algorithms and engage with top financial clients.
- Company: Join BestEx Research, a pioneering fintech firm transforming electronic trading.
- Benefits: Competitive salary, travel opportunities, and a dynamic work environment.
- Why this job: Be at the forefront of fintech innovation and make a real impact in the industry.
- Qualifications: Proven sales experience in electronic trading and strong communication skills.
- Other info: Opportunity to network with industry leaders and grow your career in a fast-paced market.
The predicted salary is between 72000 - 108000 £ per year.
About BestEx Research
BestEx Research is a financial technology and research firm specializing in building sophisticated execution algorithms and transaction cost modeling tools servicing multiple asset classes. The firm provides its services to performance-demanding hedge funds, CTAs, asset managers, and banks through a traditional electronic broker and in a broker-neutral Software as a Service (SaaS) model.
BestEx Research's mission is to become the leader in automation and measurement of execution across asset classes globally and significantly reduce transaction costs for our clients. Its cloudābased platform, Algo Management System (AMS), is the first endātoāend algorithmic trading solution for equities, futures, and foreign exchange that delivers an entire ecosystem around execution algorithms, including transaction cost analysis (TCA), an algo customization tool called Strategy Studio, a trading dashboard, and preātrade analytics in a single platform. The platform is currently live for US equity and global futures trading.
BestEx Research is disrupting a $100 billion industry by challenging the status quo of stale, blackābox solutions from banks and offering nextāgeneration execution algorithms that combine performance improvement with transparency and customization.
Description
- Based in London, with willingness to travel across the UK and EMEA region to engage prospects and attend industry events.
- Selfāstarter mentality, capable of independently prospecting, qualifying leads, and managing a full sales pipeline from initial contact to close.
- Expertise in demonstrating complex trading algorithms, customizing pitches to client needs, and articulating value propositions like cost savings and performance improvements.
- Strong closing skills, with experience negotiating contracts, overcoming objections, and achieving or exceeding sales targets in a competitive fintech environment.
- Resultsāoriented, resilient in a fastāpaced market, and committed to staying updated on regulatory changes like MiFID II impacting electronic trading.
- Proven track record in sales within equities electronic trading, with a focus on algorithmic execution strategies and tools.
- Deep understanding of execution algorithms, including features for optimizing execution, reducing slippage, and enhancing liquidity access.
- Understanding of European equity market structure and the competitive landscape among algorithmic execution platforms.
- Established network of relationships with key decision makers at buyāside (e.g., asset managers, hedge funds) and sellāside (e.g., brokers, banks) institutional clients in the European markets.
- Bachelor's degree in Finance, Economics, or a related field; advanced certifications (e.g., CFA) or quantitative background a plus.
- Excellent interpersonal, communication and presentation abilities, including the capacity to explain technical concepts to nonātechnical stakeholders.
Managing Director, European Electronic Equity Sales in London employer: BestEx Research Group
Contact Detail:
BestEx Research Group Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Managing Director, European Electronic Equity Sales in London
āØNetwork Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and donāt be shy about reaching out to potential contacts. We all know that sometimes itās not just what you know, but who you know that can land you that dream job.
āØShow Off Your Skills
When you get the chance to meet with potential employers, make sure to demonstrate your expertise in algorithmic trading and execution strategies. Use real-life examples to showcase how youāve helped clients save costs or improve performance. We want to see your passion and knowledge shine through!
āØTailor Your Approach
Every client is different, so customise your pitch to fit their specific needs. Research their business and think about how BestEx Research can solve their problems. Weāre all about transparency and performance improvement, so make sure they see the value in what we offer.
āØFollow Up Like a Boss
After meeting someone, donāt just leave it at that! Send a follow-up email thanking them for their time and reiterating your interest. It shows youāre proactive and serious about the opportunity. Plus, it keeps you fresh in their minds as they consider candidates. And remember, apply through our website to make sure your application gets the attention it deserves!
We think you need these skills to ace Managing Director, European Electronic Equity Sales in London
Some tips for your application š«”
Tailor Your CV: Make sure your CV speaks directly to the role of Managing Director in European Electronic Equity Sales. Highlight your experience with algorithmic trading and any relevant sales achievements that align with our mission at BestEx Research.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about fintech and how your skills can help us disrupt the industry. Be specific about your understanding of execution algorithms and the European market.
Showcase Your Network: Donāt forget to mention your established relationships with key decision-makers in the buy-side and sell-side markets. This is crucial for us, so let us know how you can leverage these connections to drive success at BestEx Research.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you donāt miss out on any important updates from us!
How to prepare for a job interview at BestEx Research Group
āØKnow Your Algorithms
Make sure you have a solid understanding of execution algorithms and how they work. Be ready to discuss specific features that optimise execution, reduce slippage, and enhance liquidity access. This will show your expertise and help you articulate the value proposition effectively.
āØTailor Your Pitch
When discussing your experience, customise your examples to align with BestEx Research's mission and services. Highlight how your past roles involved demonstrating complex trading algorithms and how you tailored pitches to meet client needs. This shows you can adapt and connect with their goals.
āØStay Updated on Regulations
Familiarise yourself with current regulatory changes like MiFID II that impact electronic trading. Being knowledgeable about these regulations will demonstrate your commitment to the industry and your ability to navigate its complexities, which is crucial for a Managing Director role.
āØLeverage Your Network
Prepare to discuss your established relationships with key decision-makers in the European markets. Share specific examples of how you've successfully engaged with buy-side and sell-side clients. This will highlight your ability to drive sales and build partnerships in a competitive environment.