At a Glance
- Tasks: Join the Institutional Sales Team to drive cash investment sales and engage with financial institutions.
- Company: A forward-thinking firm dedicated to improving money markets since 2018, post-financial crisis.
- Benefits: Enjoy unlimited paid leave, hybrid working, competitive salary, and comprehensive health coverage.
- Why this job: Be part of a dynamic team making a real impact in the finance sector with exciting growth opportunities.
- Qualifications: Proven sales experience in financial institutions and a strong network; cash investment knowledge is a plus.
- Other info: Work in a vibrant office near Green Park with regular team-building events and a supportive culture.
The predicted salary is between 43200 - 72000 £ per year.
Our Client is the product of an obsession with fixing the fundamental structural problems in money markets. Their fascination with the sector began painfully during the Global Financial Crisis of 2008, where they had a front-row seat to watch the evaporation of liquidity in fixed income and the near collapse of the entire short-dated funding markets. They have been on a mission to help deliver more sustainable solutions for the money markets ever since, and launched in 2018 to offer institutional clients a single gateway to the broadest range of the best risk-adjusted cash investment options.
You will be working as part of the broader Institutional Sales Team, to present the client's capabilities to Financial Institutions who have a need to invest excess cash across a broad array of cash products using the platform to deliver these investments. The role focuses solely on Institutional cash investment sales, initially with a focus on Insurance companies and Asset Managers, but with a wider sector coverage as needs permit and evolve over time.
The Sales Executive will be responsible for delivering a structured sales strategy, aiding Marketing in creating coherent marketing messages, as well as providing market intel to the Senior Leadership Team (SLT) on sales generation ideas.
Key Accountabilities
- Implement the Sales plan, created by the FI Sales Director and Head of Sales, to deliver new clients to the business.
- Bring the brand to life in the FI sector, utilising marketing strategies and tools to ingrain the client into the cash managers toolkit.
- Represent the client at conferences and workshops, with wider sales team members as necessary.
- Work with the FI Sales Director and Head of Marketing to consider sales campaigns around targeting specific client groups, using social media and other media tools to gain access and exposure to the audiences that are targeted.
- Help to plan, co-ordinate and deliver effective sales plans to Financial Institutions. Efforts will be measured against target AUM of the wider sales team as well as other qualitative aspects that align to the client's key principles and non-negotiables.
- Use an extensive, already cultivated rolodex of clients, to target new avenues of opportunities and therefore AUM, for the client's platform.
- Look to build strong working relationships with trusted partners as necessary and required, across the treasury community.
- Ensure the client is successfully represented at events relevant to the sector coverage.
- Ensure dialogue with the client Product Team to provide comprehensive feedback on clients behaviours with their cash and the rates they receive, to ensure clients products remain as competitive as possible for our clients and prospects.
- Work with the Head of Marketing to build effective sales campaigns to increase outreach of the client brand.
- Help legal with regulatory hurdles to bring new jurisdictions or pools of liquidity into scope for the platform to utilise across the region.
The Candidate
- Proven experience in a similar role, covering Financial Institutions with a strong network.
- Strong track record of achieving ambitious sales targets and driving team performance.
- A cash or fixed-income background, ideally from a credit institution or from an asset manager.
- An understanding of cash investments as an asset class and how institutional clients think about cash.
- Ability to create sales plans and deliver against pre-agreed sales targets set in consultation with the sales team for quarterly sales goals and yearly AUM targets set by SLT.
- Good understanding of the investment industry, financial markets, products and services.
- Ability to build and maintain successful customer relationships.
- Self-starter and capable of working autonomously.
- Strong collaboration skills with marketing, product, operations and finance teams.
- Ability to multitask / good organisational skills.
The Terms
- Full Time
- Competitive salary, depending on experience
- Equity and bonus scheme
- Unlimited Paid Leave
- Hybrid office-working model - we are in a great location near Green Park station in London
- Enhanced Parental Leave and Pay
- Workplace Pension
- Complete Bupa HealthCare Cover
- Life Insurance
- Income Protection Insurance
- Access to Yulife (Employee Assistance Programme)
- Remote Office set-up budget
- Cycle to Work Scheme
- A fun and dynamic working environment with regular team-building activities and events including an annual offsite
If you would like to use your experience and skills working for this great business, please apply today!
Sales Manager in West London employer: Ten2Two Ltd
Contact Detail:
Ten2Two Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sales Manager in West London
✨Tip Number 1
Network, network, network! Since this role requires a strong existing network within financial institutions, reach out to your contacts in the industry. Attend relevant events and conferences to meet potential clients and showcase your expertise.
✨Tip Number 2
Familiarise yourself with the latest trends in cash investments and fixed income markets. Being well-versed in current market conditions will help you engage in meaningful conversations with potential clients and demonstrate your knowledge during interviews.
✨Tip Number 3
Prepare to discuss your previous sales achievements in detail. Be ready to share specific examples of how you've met or exceeded sales targets in similar roles, as this will highlight your capability to deliver results in this position.
✨Tip Number 4
Showcase your collaboration skills by thinking about how you can work effectively with marketing and product teams. Consider how you would approach creating sales campaigns and be prepared to discuss your ideas during the interview process.
We think you need these skills to ace Sales Manager in West London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in sales, particularly within financial institutions. Emphasise your track record of achieving sales targets and any specific achievements that align with the role's requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of cash investments and how institutional clients operate. Use this opportunity to explain why you're passionate about the role and how your background makes you a perfect fit for the company.
Highlight Your Network: In your application, mention your existing network within the financial sector. This is crucial for the Sales Manager role, so provide examples of how you've leveraged your connections to drive sales in the past.
Showcase Collaboration Skills: Since the role requires collaboration with various teams, include examples in your application that demonstrate your ability to work effectively with marketing, product, and operations teams to achieve sales goals.
How to prepare for a job interview at Ten2Two Ltd
✨Know Your Market
Familiarise yourself with the current trends in cash investments and the specific needs of institutional clients. Understanding the challenges they face will help you demonstrate your expertise during the interview.
✨Showcase Your Network
Be prepared to discuss your existing relationships within the financial institutions sector. Highlight how your connections can benefit the company and contribute to achieving sales targets.
✨Demonstrate Sales Strategy Skills
Come equipped with examples of successful sales strategies you've implemented in the past. Discuss how you can adapt these strategies to fit the company's goals and the unique aspects of their platform.
✨Engage with the Company’s Vision
Research the company's mission and values, especially their focus on sustainable solutions in money markets. Show enthusiasm for their vision and explain how your personal values align with theirs.