Vice President Enterprise Sales in City of London

Vice President Enterprise Sales in City of London

City of London Full-Time No working from home possible
Formidium
THE OPPORTUNITY This is a rare chance to join a high-tech fund admin/fintech at the precise moment it is entering the European fund administration market. You will own a London-focused new business territory, targeting alternative asset managers who are underserved by legacy administrators β€” and who are increasingly demanding technology-led, cost-efficient solutions.
You will not be handed a warm pipeline. We are looking for someone who thrives in a hunting environment: proactive, socially intelligent, well-networked, and capable of running a full sales cycle from cold outreach to signed contract without hand-holding. WHAT YOU WILL DO β€’ Own and develop a new business pipeline of alternative asset managers across London and the wider UK market, with a focus on hedge funds, PE/VC, real estate and UCITS structures.
β€’ Leverage your existing network of fund managers, CFOs, COOs, heads of operations, prime brokerage contacts, law firms and third-party AIFM relationships to generate qualified meetings.
β€’ Attend and contribute to industry events, conferences and roundtables (AIMA, Hedgeweek, Funds Europe, SuperReturn, BVCA) as a visible, credible representative of Formidium.
β€’ Run consultative, discovery calls to qualify opportunities, identify economic buyers and map decision processes.
β€’ Develop tailored proposals and presentations aligned to each prospect's strategy, AUA tier, regulatory obligations, and operational pain points.
β€’ Manage sales cycles (typically 6–18 months) from initial outreach through to contract signature and handover to the client onboarding team.
β€’ Maintain rigorous CRM hygiene in HubSpot β€” logging all activity, maintaining accurate stage data, and producing a reliable weekly forecast.
β€’ Use GenAI tools (including Claude) to accelerate prospect research, personalise outreach and debrief pipeline calls β€” we actively invest in AI-assisted selling.
β€’ Feed competitive and market intelligence back into the broader go-to-market team to sharpen our positioning against SS&C, Citco, Apex, IQ-EQ and Alter Domus. WHAT WE'RE LOOKING FOR Essential:
β€’ 3–6 years of B2B sales or business development experience, with at least 2 years selling directly into the alternative asset management or fund services ecosystem.
β€’ Current London resident with an active, demonstrable network across fund managers, allocators, fund lawyers, prime brokers and/or fund of funds β€” you should be known in the room, not just in the contact book.
β€’ Fluency in the language of fund administration: NAV, AUA, AIFMD, UCITS, GP/LP structures, prime brokerage, fund accounting and investor services β€” you can hold a credible conversation with a CFO or Head of Operations without needing a product sheet.
β€’ A hunter mentality: self-directed, proactive and motivated by building something new. You do not wait to be given leads; you create them.
β€’ Exceptional interpersonal and communication skills β€” you are naturally socially confident, at ease at networking events, able to build rapport quickly with senior financial professionals.
β€’ Proven track record of sourcing and closing new business in a competitive, long-cycle sales environment.
β€’ Comfortable running a full sales cycle independently β€” discovery, proposal, commercial negotiation, legal review through to close.
β€’ High proficiency with CRM tools (HubSpot preferred) and a data-driven approach to pipeline management and forecasting. Strongly Preferred:
β€’ Experience selling fund administration, fund accounting, depositary, transfer agency or related fund services β€” either at an administrator, custodian, fintech or specialist platform.
β€’ Existing relationships with COOs, CFOs, heads of operations or fund controllers at hedge funds, PE firms or real estate managers in the London market.
β€’ Knowledge of the Luxembourg and European regulatory framework (AIFMD II, DORA, CSSF requirements) and how it influences UK-domiciled managers' administrator selection.
β€’ Familiarity with structured sales methodologies such as MEDDPICC, SPIN or Challenger β€” and a willingness to apply them rigorously.
β€’ Experience working with or selling to prime brokerage, fund legal, auditors or corporate secretarial contacts as referral channels.
β€’ Active presence on LinkedIn and in industry forums β€” you contribute to the conversation, not just observe it. WHO YOU ARE Beyond credentials, this role is fundamentally about character and social capital. The ideal candidate is someone who:
β€’ Is genuinely curious about the alternative asset management industry β€” you read Hedgeweek, Drawdown, etc, follow AIMA updates, and have opinions about how fund administration is evolving.
β€’ Thrives in ambiguity and builds structure where none exists. You are equally comfortable writing a cold email at 07:00 and presenting to a CFO at 19:00.
β€’ Understands that in fund services, trust is the product β€” and that long-term relationships, built through consistent value and honesty, win more business than any pitch deck.
β€’ Is known for following through. You do what you say you will do, and you do it on time.
β€’ Can navigate the political complexity of multi-stakeholder decisions β€” identifying true economic buyers, cultivating champions, and knowing when to push and when to listen.
β€’ Has a point of view on where fund administration is going: AI, automation, real-time NAV, investor experience β€” and can articulate this compellingly to prospects.
WHAT WE OFFER
β€’ Competitive base salary + bonuses.
β€’ The opportunity to shape a European sales function from the ground up β€” significant autonomy and direct impact on company strategy.
β€’ Access to Formidium's full proprietary technology platform as a selling tool β€” you will know the product deeply.
β€’ A collaborative, international team spanning USA, Luxembourg, London, DACH, India, Singapore and Hong Kong.
β€’ Active investment in AI-assisted selling tools, including GenAI workflows, automated research, and CRM enrichment.
β€’ Flexible hybrid working arrangement centred on London.
Formidium

Contact Details:

Formidium Recruitment Team