At a Glance
- Tasks: Drive sales strategy for Private Markets, building relationships and closing deals.
- Company: Join State Street, a global leader in investment services.
- Benefits: Flexible work-life support, paid volunteer days, and inclusive development opportunities.
- Why this job: Make an impact in the financial sector while growing your career.
- Qualifications: 15+ years in sales with a strong background in Private Markets.
- Other info: Dynamic team environment with extensive travel opportunities.
The predicted salary is between 72000 - 108000 £ per year.
We are looking for an experienced sales individual with a proven track record of sourcing new clients and closing deals that generate new revenue for the company. Specializing in Private Markets with a strong focus and knowledge of Private Equity, Private Credit and Real Assets and EMEA private fund domiciles and structures, the candidate will understand the requirements of PM managers and have an established influencer network in the space.
As a part of our sales team, the ideal candidate should have a proven track record to penetrate new prospect organizations to introduce State Street, convey our value, and generate opportunities to grow business. Extensive industry and product experience will enable this candidate to target new prospects in a particular sector relating to: Private Markets. This role is primarily intended to be located in the United Kingdom, but other locations are possible. This role will travel extensively within the assigned segment and region.
The team you will be joining is a part of State Street Institutional Services (SSIS) and the Client Coverage Team. This senior sales position will have primary responsibility for driving the execution of Institutional Services sales strategy for an assigned segment (Private Markets) within EMEA. This is a new business sales role, requiring you to work with the generalist sales team to research opportunities, initiate discussions, build prospect relationships and referral networks, manage sales process and close deals that generate new revenue for the company.
Responsibilities
- Deliver/exceed annual EMEA Private Markets sales and revenue targets by building and executing overall sales strategies.
- Oversee the sales process from prospecting through close, including lead generation, client meetings, prospect qualification, and RFP completion (and in conjunction with the EMEA Sales and Enablement organizations).
- Influence subject matter experts through all aspects of a long and detailed sales cycle.
- Manage and proactively build/drive the EMEA Private Markets pipeline volume of new clients, accelerate sales cycle, actively manage to close.
- Ensure that sales are diligently tracked and manage all opportunities in the CRM tool.
- Collaborate with relevant management resources to drive product and messaging strategies to differentiate our solutions.
- Partner with Product Specialist and Demo team during client presentations to ensure client engagement and positive outcome.
- Develop and maintain strong product knowledge and understanding of competitive offerings as well as provide feedback to internal stakeholders on product gaps in the EMEA marketplace.
What we value / Skills
- Proven leadership skills and sales success.
- Proven ability to manage and drive pipeline management from initial lead to close.
- Proven ability to gain access to and interact with C-level executives.
- Excellent time management and presentation skills.
- Excellent written and verbal skills along with a high level of professionalism.
- Proven track record of achieving/exceeding financial goals.
- Ability to work within a collaborative environment to achieve results.
- Demonstrated ability to manage and influence colleagues and virtual team members.
Education & Preferred Qualifications
- BA/BS degree, Masters degree (or equivalent) preferred.
- 15+ years successful sales experience.
- Deep financial services background and experience in the Private Markets segment, Private credit, real assets and/or private equity experience is required.
Additional requirements
- This position will require business travel.
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you will benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
EMEA Private Markets Sales Executive, Investment Services - Vice President in City of Westminster employer: State Street Corporation
Contact Detail:
State Street Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land EMEA Private Markets Sales Executive, Investment Services - Vice President in City of Westminster
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks, especially those in Private Markets. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. The more people you know, the better your chances of landing that dream role!
✨Tip Number 2
Research is key! Dive deep into the companies you're interested in, especially State Street. Understand their values, recent news, and how they operate in the Private Markets space. This knowledge will help you stand out in conversations and show that you’re genuinely interested.
✨Tip Number 3
Practice your pitch! You need to convey your value clearly and confidently. Prepare a short introduction about yourself and your experience in Private Equity, Private Credit, and Real Assets. Make sure it’s engaging and tailored to the audience you’re speaking to.
✨Tip Number 4
Don’t forget to follow up! After meetings or networking events, send a quick thank-you note or message. It keeps you on their radar and shows your professionalism. Plus, it’s a great way to keep the conversation going and potentially open doors for future opportunities.
We think you need these skills to ace EMEA Private Markets Sales Executive, Investment Services - Vice President in City of Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in Private Markets, especially in Private Equity and Private Credit. We want to see how your background aligns with the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about this role and how your skills can help drive our sales strategy. Be specific about your successes in sourcing clients and closing deals.
Showcase Your Network: Since we value connections in the industry, mention any established relationships you have with C-level executives or influencers in the Private Markets space. This could set you apart from other candidates!
Apply Through Our Website: We encourage you to apply directly through our website. 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 State Street Corporation
✨Know Your Private Markets Inside Out
Make sure you brush up on your knowledge of Private Equity, Private Credit, and Real Assets. Be prepared to discuss recent trends and how they impact the EMEA market. This will show that you're not just familiar with the products but also understand the broader context.
✨Leverage Your Network
Since this role requires a strong influencer network, think about who you can mention during the interview. Share specific examples of how you've successfully leveraged relationships in the past to close deals or generate leads. This demonstrates your ability to connect and influence key stakeholders.
✨Demonstrate Your Sales Process Mastery
Be ready to walk through your sales process from lead generation to closing. Use concrete examples to illustrate how you've managed pipelines and driven sales cycles. This will highlight your experience and reassure them that you can handle the responsibilities of the role.
✨Showcase Your Collaborative Spirit
This position involves working closely with various teams, so be prepared to discuss how you've collaborated with others in previous roles. Share stories that highlight your ability to work within a team to achieve results, especially when it comes to client presentations and strategy development.