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VP, Sales, Complex OTC Derivatives Data Products, UK-London
VP, Sales, Complex OTC Derivatives Data Products
Company: Markit  
Location:   UK-London  
Remuneration:   Competitive  
Position Type:   Employee  
Employment type:   Full time  
Work permit req:   EU  
Updated:   01 Jul 2008  
eFC Ref no:   406053  
 


Markit is currently seeking to expand its Portfolio Valuations Sales team in Europe. Role will involve predominantly new business although some account management responsibilities looking after existing PV buy side accounts.

Role/ Responsibilities:

• All aspects of business development for the Portfolio Valuations product line. The candidate will be a key driver for revenue acquisition and will ensure that the business goals are achieved. The candidate will be integral to the team structure – working closely with the heads of sales, PV product management, Markit sales people and account managers.

Specific responsibilities these include:

o Generation of qualified pipeline for new business and existing clients

o Managing full sales process from lead to contract, with active reporting of the pipeline to management

o Cross selling within existing and new business accounts. For multi product opportunities, the relevant sales people will be involved and a sales referral will be recorded. It is expected that the candidate be awarded with a combination of sales revenue and sales credits for referrals. The skew will be focussed to sales revenue.

o Identify the client needs and feedback any requirements to product management

o Close inter-action with product/sales groups in the delivery of Markit products and services

o Assistance in the hiring process

o Assistance in the budgeting process

o Assistance in the implementation of all marketing related activities which would include: conference / sponsorship participation, sales collateral production, client entertainment; association memberships

o Lead the development for a defined list of existing accounts to appropriately support the growth of the Portfolio Valuations business

o Relationship maintenance and development with key relationships

o Renewal of existing contracts

o Strategic work and thinking with client base to identify new initiatives and partnership opportunities

o Internal communication and reporting

Skills/ Experience Required:

• New business sales experience from a data, financial software or banking background

• Experience of derivative products and instruments mandatory

• Ability to present and negotiate with senior level management whilst in many cases, managing complex sales process

• Must be organized and ability to manage multiple sales in parallel (20+ at any one time)

• Ability to meet internal/external deadlines

• Personable and able to demonstrate initiative

• Must have a self-starting, driven, assertive and positive attitude.

• Bachelors degree in Finance/Marketing preferred

Must be able to understand the sales process, be comfortable dealing with senior level negotiations etc.

Must be confident in high pressure environment and able to manage senior level meetings

High level of competency and good communication skills both written and verbal required

Team player and willing to progress in a rapidly growing/changing environment.

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Contact:
Sharon Swift
Company:
Markit
Email:
sharon.swift@markit.com
Website:
www.markit.com
Address:
5th Floor
2 More London Riverside
London
UK
SE1 2AP

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