At a Glance
- Tasks: Develop a new business pipeline targeting alternative asset managers in London and the UK.
- Company: Join Formidium, a high-tech fund admin/fintech entering the European market.
- Benefits: Enjoy a competitive salary, bonuses, and significant autonomy in shaping sales strategy.
- Other info: Flexible hybrid working arrangement centred on London.
- Why this job: This role offers the chance to impact company strategy while leveraging advanced AI tools.
- Qualifications: Proven track record in long-cycle sales and existing relationships with financial professionals required.
The predicted salary is between 80000 - 100000 Β£ per year.
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
- 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.
- 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.
- Attend and contribute to industry events, conferences and roundtables (AIMA, Hedgeweek, Funds Europe, SuperReturn, BVCA) as a visible, credible representative of Formidium.
- Run consultative, discovery calls to qualify opportunities, identify economic buyers and map decision processes.
- Develop tailored proposals and presentations aligned to each prospect's strategy, AUA tier, regulatory obligations, and operational pain points.
- Manage sales cycles (typically 6β18 months) from initial outreach through to contract signature and handover to the client onboarding team.
- Maintain rigorous CRM hygiene in HubSpot β logging all activity, maintaining accurate stage data, and producing a reliable weekly forecast.
- Use GenAI tools (including Claude) to accelerate prospect research, personalise outreach and debrief pipeline calls β we actively invest in AI-assisted selling.
- Feed competitive and market intelligence back into the broader go-to-market team to sharpen our positioning against competitors.
WHO YOU ARE
- 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.
- Proven track record of sourcing and closing new business in a competitive, long-cycle sales environment.
- Comfortable running a full sales cycle independently β discovery, proposal, commercial negotiation, legal review through to close.
- High proficiency with CRM tools (HubSpot preferred) and a data-driven approach to pipeline management and forecasting.
- Strongly Preferred: Experience selling fund administration, fund accounting, depositary, transfer agency or related fund services β either at an administrator, custodian, fintech or specialist platform.
- Existing relationships with COOs, CFOs, heads of operations or fund controllers at hedge funds, PE firms or real estate managers in the London market.
- Knowledge of the Luxembourg and European regulatory framework (AIFMD II, DORA, CSSF requirements) and how it influences UK-domiciled managers' administrator selection.
- Familiarity with structured sales methodologies such as MEDDPICC, SPIN or Challenger β and a willingness to apply them rigorously.
- Experience working with or selling to prime brokerage, fund legal, auditors or corporate secretarial contacts as referral channels.
- Active presence on LinkedIn and in industry forums β you contribute to the conversation, not just observe it.
WHAT WE OFFER
- Competitive base salary + bonuses.
- The opportunity to shape a European sales function from the ground up β significant autonomy and direct impact on company strategy.
- Access to Formidium's full proprietary technology platform as a selling tool β you will know the product deeply.
- A collaborative, international team spanning USA, Luxembourg, London, DACH, India, Singapore and Hong Kong.
- Active investment in AI-assisted selling tools, including GenAI workflows, automated research, and CRM enrichment.
- Flexible hybrid working arrangement centred on London.
Vice President Enterprise Sales employer: Formidium
Formidium is a pioneering fintech firm focused on fund administration, offering competitive salaries and bonuses. The team spans multiple countries, including the USA and Luxembourg, fostering a collaborative international environment. Join us in revolutionising the European fund administration market with cutting-edge technology.