At a Glance
- Tasks: Drive new business in hedge fund administration and build strong client relationships.
- Company: Join SS&C, a global leader in financial services with a dynamic culture.
- Benefits: Enjoy hybrid work, competitive salary, professional development, and wellness support.
- Why this job: Make an impact in a fast-paced environment with significant earnings potential.
- Qualifications: Proven sales experience in hedge funds and strong industry connections required.
- Other info: Collaborative team culture with opportunities for growth and travel.
The predicted salary is between 43200 - 72000 £ per year.
Location: London - Hybrid
SS&C Financial Services is a global provider of investment, financial services and software for the financial services and healthcare industries. SS&C Hedge Fund Services has over 2,500+ Clients Services as well as $1.5 Trillion total assets under administration.
Overview: Leading independent Fund Administration business with offices in multiple jurisdictions including London, US, Dublin, Luxembourg, Jersey, Guernsey, Singapore, and Cayman, looking for a New Business Development Director with a proven track record to join as a senior member of the sales team.
The new Business Development Director will be tasked with identifying and winning Hedge Fund, Managed Accounts, Family Offices and Fund of Hedge Fund Administration mandates. The preferred candidate must have hedge funds sales experience, a CFO/COO and key intermediary network, senior contacts with several global Prime Brokers, and contacts with legal and accountancy practices.
Responsibilities:
- Develop a strong pipeline of potential clients in the hedge fund, managed account, and Fund of hedge Fund space with a focus on profitable new revenue generation.
- Identify and win new business mainly in EMEA (UK and Mainland Europe focused), targeting both new fund launches and established funds across the hedge fund space.
- Take ownership of the sales process and lead commercial negotiations in line with internally agreed parameters.
- Help build the firm’s brand and increase brand awareness to generate quality leads.
- Attendance and participation at industry events.
- Develop and manage the financial intermediary and third-party services provider network including Prime Brokers, Solicitors, Auditors and Consultants.
- Participate in the Hedge Fund team thought leadership initiatives by authoring topical articles pertinent to the industry.
- Regular Travel Required (Mainland Europe).
Experience: The candidate must have a proven track record of building a significant pipeline of new business with material revenue in the hedge fund arena of outsourced middle-office, back-office, fund administration, and accounting services.
Competencies: The ideal candidate will be a self-starter, an adaptive learner and will be expected to establish and maintain relationships with key influencers in the industry. Self-motivated and driven to deliver strong sales results. Previous Sales experience and exposure to Fund Administration. Must be a confident and successful salesperson, happy to make approaches to new/cold customers. Strong interpersonal and communication skills (written and oral). A real passion, knowledge and genuine interest in open-ended fund structures, market trends, and regulations. The successful candidate should have the ability to identify opportunities for outsourcing services.
Senior Business Development Director – Hedge Fund Administration employer: SS&C Technologies
Contact Detail:
SS&C Technologies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Business Development Director – Hedge Fund Administration
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks at events or online. The more people you know, the better your chances of landing that dream role.
✨Tip Number 2
Show off your expertise! Write articles or share insights on platforms like LinkedIn. This not only builds your personal brand but also positions you as a thought leader in the hedge fund space.
✨Tip Number 3
Be proactive! Don’t wait for job openings to pop up. Reach out directly to companies you admire, like SS&C, and express your interest. You never know what opportunities might arise!
✨Tip Number 4
Keep your pitch sharp! When you get the chance to chat with potential employers, have a clear and compelling story about your experience and how you can add value to their team.
We think you need these skills to ace Senior Business Development Director – Hedge Fund Administration
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Business Development Director role. Highlight your hedge fund sales experience and any relevant contacts you have in the industry. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about hedge fund administration and how your skills can help us grow. Be sure to mention specific achievements that demonstrate your ability to build a strong pipeline of new business.
Showcase Your Network: Since connections are key in this role, don’t forget to mention your network of CFOs, COOs, and Prime Brokers. Let us know how these relationships can benefit our team and help us win new business in the hedge fund space.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at SS&C Technologies
✨Know Your Hedge Fund Stuff
Make sure you brush up on your knowledge of hedge funds, managed accounts, and fund administration. Understand the latest trends and regulations in the industry, as well as SS&C's unique offerings. This will show that you're not just interested in the role but are genuinely passionate about the field.
✨Network Like a Pro
Since this role requires strong connections with key intermediaries like Prime Brokers and legal practices, leverage your existing network. Be prepared to discuss how you've built relationships in the past and how you plan to expand your network further. It’s all about demonstrating your ability to connect and collaborate.
✨Showcase Your Sales Success
Come armed with specific examples of how you've successfully built a pipeline of new business in the hedge fund space. Quantify your achievements where possible—numbers speak volumes! This will help the interviewers see your potential impact on their team.
✨Be Ready for Role Play
Expect some role-playing scenarios during the interview, especially around commercial negotiations. Practice articulating your sales strategies and how you would approach potential clients. This will help you demonstrate your confidence and adaptability in real-world situations.