At a Glance
- Tasks: Drive sales by targeting North American insurance funds and closing enterprise agreements.
- Company: Duco automates data processes for major financial institutions, enhancing efficiency and trust in data.
- Benefits: Enjoy unlimited vacation, flexible work options, healthcare, and personal development opportunities.
- Why this job: Join a dynamic team and make an impact in the fast-paced financial tech industry.
- Qualifications: 7+ years in tech sales, especially in capital markets, with strong negotiation skills.
- Other info: Work from home allowance and opportunities to work abroad for up to 6 weeks per year.
The predicted salary is between 100000 - 126000 £ per year.
About Us
Duco is on a mission to reduce the time spent on data-related work by 90%. Our enterprise data automation platform empowers teams to work more efficiently and meaningfully by giving them the ability to automate data controls with the latest technology, such as no-code, the cloud, and AI.
We help firms to start trusting their data, by giving them one intuitive platform to automate the front-to-back processing of all kinds of data (from structured Excels and RTFs to unstructured PDFs and emails). This eliminates the boring manual work across the data lifecycle and enables firms to act faster, work smarter, save money, reduce risk and comply with regulatory requirements.
We’re headquartered in London and have offices in New York, Boston, Wroclaw, Singapore, and Antwerp. We’re proud to call some of the largest global financial institutions our clients, including over 15 of the world’s largest international banks, as well as brokers, exchanges, asset managers, hedge funds, administrators, service providers and corporates.
The Role
Duco services some of the world’s largest financial institutions globally. We are looking for a seasoned senior sales hunter to help us uncover and land new logos across North American buyside-with a focus on insurance funds.
You will join a talented and highly motivated team of more than 200 Duco professionals across the US, UK, Europe and APAC. You will be organised, self-motivated, talented at cultivating long-lasting business relations, and confident engaging with C-level / senior executives. You should also have a strong understanding of the capital markets landscape, allowing you to successfully develop and execute on the regional sales strategy.
You will be targeting and working with some of the world’s most demanding firms, therefore strong negotiation skills and extensive experience in closing large scale enterprise agreements is a must.
Primary Responsibilities:
- Developing a territory comprised of North American insurance funds, and systematically working through the market to source and win new opportunities
- Creating account plans, performing organization mappings and implementing sales strategies which support Duco’s business objectives
- Developing and maintaining a network of contacts and keeping up a rolling pipeline of 4-5 times your sales target
- Efficiently managing and updating your sales pipeline and MEDDPICC information using Salesforce and other available tools.
- Accurate forecasting for your opportunities and designated territory
- Proposing new strategies and tactics to prospect and close new sales opportunities
- Working in conjunction with the Solutions Engineering, Professional Services, Customer Success and other functional teams in order to successfully scope opportunities, complete RFI / RFP documents, conduct POCs/POVs, and deliver Duco solutions to prospective customers
We are looking for someone with:
- 7+ years experience in technology sales with a majority of that in capital markets or financial services technology
- A demonstrable track record of success in solutions selling to complex organisations
- Understanding of the retirement and pension fund landscape as well as key technology and operations vendors
- Mastery of sales pipeline creation, opportunity management and closing experience leveraging sales methodologies such as MEDDPICC
- The ability to listen carefully, understand customer needs, influence key stakeholders and align towards the same vision internally and externally.
- Great presentation, communication and negotiation skills
Nice to Haves:
- 2+ years experience in enterprise sales
- A strong network in financial services including at the senior management and/or executive level
- Subject matter expertise in financial services middle and back office functions and use cases
- Understanding of relevant financial market regulation
Compensation and Benefits:
- An annual base salary between $140,000 and $180,000 based on experience and qualifications
- Success Share or Commission bonus payments
- Healthcare insurance or Flexible Spending Accounts (FSA)
- 401(k) Retirement Plan
- Unlimited annual holiday, because we trust our people to manage their own time off
- Enhanced family leave
- Employee Assistance Programme
- 4 Volunteering days off
- Flexible working policy (3 days per week in office)
- Home working allowance
- Opportunity to work abroad for up to 6 weeks per year
- Personal learning and development opportunities
- Referral bonus if we hire someone great who you’ve recommended to us
- Spot Rewards
- Employee of the Month and Employee of the Year awards
- Pressure-off Fridays (no meetings)
Want to do a little more research before you apply?
Head over to our Glassdoor page to learn about our benefits, culture and to find out what our team thinks about life at Duco. You can also find out more about us on LinkedIn.
Disclaimer
Because we are committed to inclusivity, we strive to provide equitable opportunities for everyone. If you require accommodation during the recruitment process, please let us know at Include your contact information, the role you\’re applying for, and how we can accommodate you.
During the interview process and after hire, Duco does not discriminate on the basis of race, colour, gender or gender expression, sexual orientation, marital or pregnancy status, national origin, age, disability, religion or creed, socioeconomic background or status, size, or any other protected characteristic.
#J-18808-Ljbffr
Senior Sales Executive - Buyside 9 East 40th Street, Floor 6 New York, NY 10016 employer: Duco
Contact Detail:
Duco Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Sales Executive - Buyside 9 East 40th Street, Floor 6 New York, NY 10016
✨Tip Number 1
Familiarize yourself with the latest trends in capital markets and financial services technology. Understanding the specific needs of insurance funds will help you tailor your approach and demonstrate your expertise during discussions.
✨Tip Number 2
Leverage your existing network within the financial services sector. Reach out to contacts who may have insights into potential opportunities or can introduce you to decision-makers at target firms.
✨Tip Number 3
Prepare to discuss your experience with sales methodologies like MEDDPICC. Be ready to share specific examples of how you've successfully managed sales pipelines and closed large-scale enterprise agreements in the past.
✨Tip Number 4
Research Duco's solutions and be prepared to articulate how they can address the challenges faced by potential clients. This will show your commitment and understanding of the company's mission and offerings.
We think you need these skills to ace Senior Sales Executive - Buyside 9 East 40th Street, Floor 6 New York, NY 10016
Some tips for your application 🫡
Understand the Company: Before applying, take some time to understand Duco's mission and values. Familiarize yourself with their enterprise data automation platform and how it impacts financial institutions. This knowledge will help you tailor your application.
Highlight Relevant Experience: Make sure to emphasize your 7+ years of experience in technology sales, particularly in capital markets or financial services technology. Provide specific examples of your success in solutions selling and closing large-scale enterprise agreements.
Showcase Your Skills: Clearly outline your negotiation skills, ability to manage a sales pipeline, and experience with methodologies like MEDDPICC. Use bullet points to make these skills stand out in your CV and cover letter.
Tailor Your Application: Customize your CV and cover letter for the Senior Sales Executive position. Address how your background aligns with the responsibilities listed in the job description, such as developing territory strategies and maintaining a network of contacts.
How to prepare for a job interview at Duco
✨Understand the Company and Its Mission
Before your interview, make sure you thoroughly understand Duco's mission to reduce data-related work by 90%. Familiarize yourself with their enterprise data automation platform and how it benefits financial institutions. This knowledge will help you align your answers with the company's goals.
✨Showcase Your Sales Experience
Highlight your 7+ years of experience in technology sales, especially within capital markets or financial services. Be prepared to discuss specific examples of how you've successfully closed large-scale enterprise agreements and developed sales strategies that align with business objectives.
✨Demonstrate Your Networking Skills
Since the role involves developing a territory of North American insurance funds, emphasize your ability to cultivate long-lasting business relationships. Share examples of how you've maintained a strong network and kept a rolling pipeline of opportunities in previous roles.
✨Prepare for Negotiation Scenarios
Given the importance of negotiation skills for this position, prepare for potential scenarios where you might need to negotiate terms or close deals. Practice articulating your approach to influencing key stakeholders and aligning internal and external visions.