At a Glance
- Tasks: Lead sales efforts in Private Markets, building relationships and achieving targets.
- Company: Join BNP Paribas, a top European bank with a global presence and commitment to sustainability.
- Benefits: Enjoy a dynamic work environment, opportunities for growth, and a focus on employee development.
- Why this job: Make an impact in the financial sector while working with innovative solutions and diverse clients.
- Qualifications: Proven sales experience in financial services, particularly in Private Markets, is essential.
- Other info: We value diversity and provide support for applicants needing adjustments during recruitment.
The predicted salary is between 54000 - 84000 £ per year.
BNP Paribas is the European Union’s leading bank and a key player in international banking. We operate in 65 countries and employ 190,000 people, including nearly 145,000 in Europe. Our Group holds key positions in its three main fields of activity: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking (CIB) for corporate and institutional clients.
Our Securities Services business, which forms part of CIB, is a leading global custodian providing specialist post-trade and asset servicing solutions to buy and sell-side market participants, corporates and issuers. Based in 35 locations around the world, our award-winning Securities Services teams have built one of the most extensive custody networks in the industry, giving clients the connectivity and local knowledge they need to navigate change in a fast-changing world.
Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards. Our employer promise is built around three pillars:
- Being a great place to work
- Committed to sustainability and having a positive impact
- Being dedicated to the development of our people
Business area
Securities Services business lines specialise in the administration and protection of financial securities for institutional investors, financial intermediaries and major companies worldwide allowing our clients to focus on their core businesses, by managing all transactions linked to their investment cycle on their behalf. We operate in all asset classes: equities, bonds, mutual funds, investment funds, listed derivatives, OTC derivatives and cash – on markets worldwide with perfect mastery and familiarity of local regulatory restrictions and their tax and legal impacts. Our clients comprise of fund managers (including alternative funds), insurance companies, sovereign-wealth funds, pension funds, brokers and investment banks, commercial banks, major companies and issuers.
Job purpose
This individual will be responsible for raising Securities Services’ profile as a Tier 1 solutions provider to the Private Capital market in the UK and Middle East, generating new client revenues on a rolling basis to meet sales targets. Target clients for this role will encompass Pure Player Private Capital firms across the jurisdiction as well as Private Capital arms of select Asset Management and Asset Owner firms.
Key responsibilities
- Meet annual sales targets of a Senior Salesperson
- Build a strategic calling plan for a defined universe of targets by building relationships with senior stakeholders at the client/prospect
- Create a sustainable pipeline to achieve sales targets through highly active calling programme aiming for 100 client interactions per year. This includes meetings, presentations etc. positioning Securities Services in a positive and differentiating manner.
- Create and keep relevant, a sales strategy document.
- Work with business lines and product teams to define and drive execution of innovative solutions and messaging for the segment
- Position Securities Services ahead of RFPs and creating value propositions designed to differentiate BNP Paribas
- Work with the SMEs, RFP team and management for input and support to deliver a quality and differentiating RFP responses and associated sales documents.
- Raise the profile in the Private Markets segment by participating in industry and media events to best position Securities Services’ capabilities and keep up-to-date with industry topics and trends.
- Keep a strong relationship with relevant consultants ensuring they have a positive understanding of Securities Services’ Private Markets capabilities
- Work alongside internal colleagues to keep up-to-date with the bank’s products and services and to ensure your segments’ product and service requirements are met in a timely fashion
- Follow internal and external policies regarding appropriate sales conduct.
- Close connectivity and working relationship with FIC on mutual prospects
Requirements
- Proven experience gained within the financial services and Securities Services’ industry.
- Understanding of the global alternatives sector (both Liquid Hedge and illiquid Private Assets)
- Strong demonstrable sales track record, particularly in the Private Markets
- Ability to demonstrate strong leadership skills and influencing key global stakeholders.
- Expertise in leading and running complex deals.
- Market reputation.
- Ability to work in a transversal and complex environment.
- Demonstrated delivery of the management principles in your current position people care, client focus, risk aware entrepreneurship, leading by example and innovation.
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).
Equal opportunities
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.
Adjustments
We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.
Sales Business Development Manager, Private Markets – Director employer: BNP Paribas Group
Contact Detail:
BNP Paribas Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sales Business Development Manager, Private Markets – Director
✨Tip Number 1
Network actively within the financial services sector, especially focusing on Private Capital firms. Attend industry events and conferences to meet potential clients and stakeholders, as building relationships is key in this role.
✨Tip Number 2
Stay updated on market trends and regulatory changes affecting Private Markets. This knowledge will not only help you in conversations with clients but also position you as a thought leader in the field.
✨Tip Number 3
Develop a strong understanding of BNP Paribas' Securities Services offerings. Being able to articulate how these solutions can meet the specific needs of Private Capital clients will set you apart from other candidates.
✨Tip Number 4
Prepare for interviews by practising your pitch on how you would approach building a client pipeline. Highlight your previous sales successes and how you plan to leverage your network to achieve targets in this role.
We think you need these skills to ace Sales Business Development Manager, Private Markets – Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial services and Securities Services. Emphasise your sales track record, particularly in Private Markets, and showcase any leadership roles you've held.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the job description. Mention your understanding of the global alternatives sector and how your skills align with BNP Paribas's goals in the Private Capital market.
Showcase Your Achievements: In your application, include quantifiable achievements that demonstrate your ability to meet sales targets and build strategic relationships. Use specific examples to illustrate your success in generating new client revenues.
Research the Company: Familiarise yourself with BNP Paribas's values and their commitment to sustainability and diversity. Reflect this understanding in your application to show that you align with their corporate culture and mission.
How to prepare for a job interview at BNP Paribas Group
✨Research the Company and Industry
Before your interview, make sure to thoroughly research BNP Paribas and its Securities Services division. Understand their position in the market, recent news, and key competitors. This knowledge will help you tailor your responses and demonstrate your genuine interest in the role.
✨Prepare Your Sales Success Stories
Be ready to discuss specific examples of your past sales achievements, particularly in the Private Markets sector. Highlight how you met or exceeded targets, built client relationships, and navigated complex deals. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Your Leadership Skills
As a Director-level candidate, it's crucial to demonstrate your leadership abilities. Prepare to discuss how you've influenced stakeholders, led teams, and driven strategic initiatives in previous roles. Be specific about your approach and the outcomes of your leadership.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions prepared. Inquire about the company's future direction in the Private Capital market, the challenges they face, or how they measure success in this role. This shows your engagement and helps you assess if the company is the right fit for you.