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Strategic Sales Executive

About ITRS

Recognised as a Great Place to Work, ITRS is an Enterprise SaaS provider with industry-leading solutions. Our prestigious customer base includes 90% of the world's top investment banks. We are backed by leading private equity investors and are rapidly growing.

 

Our headquarters are in Shoreditch - London's tech hub – with offices in other UK and global locations from the Netherlands to Manila, NYC and Florida. We pride ourselves on a diverse, friendly, dynamic culture - with a focus on internal promotion and developing our people.

Scope of Role

Reporting to our Global Head of Sales and Partners, you will be responsible for an annual new business growth revenue target and an annual retention target within a pre-defined territory. You will combine both hunter and farmer characteristics including the regional account management of a pre-defined existing Financial Services customer list  and the growth of revenue in these accounts through up-sell and cross-sell. The role will also involve working with our marketing and BDR teams to prospect for new business outside of the existing customer list.  

As a Strategic Sales Executive, you will:

  • Develop strategic relationships within the allocated accounts that you are assigned.
  • Ensure contract renewals are completed.
  • Manage a new business territory and meet the Net New Growth Sales Target.
  • Work with key teams at ITRS to provide an excellent customer experience, including Client Services, Professional Services, Pre-Sales and Sales Fulfilment.
  • Qualify opportunities to a high degree to provide a predictable and accurate pipeline forecast.
  • Align with our Marketing and BDR teams to create sales campaigns including contributing to sales materials and attending events.
  • Be a Voice of the Customer by ensuring excellent meeting notes and contributing to the feedback loop.
  • Manage the sales cycle including discovery meetings, presentations, initial demos, identifying PoC success criteria, writing proposals, through to deal closure..
  • Five or more years’ successful track record selling complex software into the capital markets space specialising in technology that operates in the monitoring or observability space.
  • A working understanding of how financial trading technology is deployed and used within capital markets and a working knowledge of the application infrastructures and associated data flows that drive the front offices of the major banks including OMSs, market data feeds, electronic trading platforms; risk systems
  • Experience hunting for new business and managing the sales cycle from prospecting to deal closure, as well experience of managing and growing existing accounts and the ability to qualify and prioritise deals so that ITRS’s resources are focused on the right opportunities. In other words, an ability to manage a pipeline and close business.
  • A team player who is comfortable executing complex sales cycles where multiple players from ITRS (sales, presales, legal, and professional services) are working with multiple players from the prospect (heads of IT, business line heads, project managers, procurement, legal) over an extended period of time.
  • Experience establishing communication and engagement with prospects and with ITRS customers and to represent the ‘voice of the customer” in providing and reviewing feedback with our Product Management team.
  • Experience presenting and providing examples of giving product demonstrations and presentations to customers and prospects
  • Experience of communication at the right level with both technical and business leaders both internally and with the customer.
  • An ability to undertake some travel. Some, but not all senior sales roles will require the ability to run international accounts throughout EMEA therefore will involve some travel..

 

  • Health Insurance and Dental Health Cover for you and your dependants
  • Employee Assistance Programme
  • Pension
  • Flexible Hybrid Working
  • Enhanced Parental Leave
  • Travel Insurance
  • Life Assurance
  • Income Protection
  • Referral Bonus
  • Buy and Sell Holiday
  • Training Reimbursement

ITRS is an Equal Opportunity employer and Inclusion is part of our everyday life. We celebrate diversity and pride ourselves on providing an environment where all employees can be their authentic selves and have a voice, allowing everyone to contribute equally. We remain committed to advocating inclusion, diversity, and equality into our ITRS family as we grow and enrich our business.

 

We welcome applications from everyone in the community as we recognise that a diverse workforce is a stronger workforce.

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Strategic Sales Executive, ITRS

Are you ready to take your career to new heights as a Strategic Sales Executive at ITRS? We are a thriving Enterprise SaaS provider known for delivering exceptional solutions to top financial institutions around the globe. With a commitment to internal growth and a vibrant company culture, we proudly maintain a diverse and dynamic work environment. In this integral role reporting directly to our Global Head of Sales and Partners, you'll be tasked with driving annual revenue growth and retention within a defined territory. Your focus will blend both hunting for new business and nurturing existing client relationships. Collaborating closely with our marketing and BDR teams, you’ll not only manage a portfolio of existing Financial Services accounts but also actively prospect for new opportunities. Your ability to build strategic relationships and oversee the entire sales cycle—from discovery meetings to securing contracts—will be key to your success and the success of our team. If you have over five years of expertise in selling complex software solutions in the capital markets space and can engage with both technical and business leaders, you could be the perfect fit for our team. At ITRS, you’ll enjoy a range of benefits that support your well-being while contributing to a mission that celebrates diversity and values every voice. Join us in making an impact!

Frequently Asked Questions (FAQs) for Strategic Sales Executive Role at ITRS
What are the key responsibilities of the Strategic Sales Executive at ITRS?

The Strategic Sales Executive at ITRS is responsible for managing both new business growth and retention targets. This includes developing strategic relationships within allocated accounts, overseeing contract renewals, and working closely with colleagues from Client Services and Marketing to ensure exceptional customer experiences. With a combination of account management and prospecting for new business, this role requires a proactive approach to growing revenue within the existing customer base while also seeking out new opportunities.

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What qualifications do I need to become a Strategic Sales Executive at ITRS?

To succeed as a Strategic Sales Executive at ITRS, applicants should have a minimum of five years of successful sales experience within the capital markets space, specifically selling complex software solutions. Knowledge of financial trading technologies and the ability to manage the sales cycle from prospecting to deal closure are essential. Additionally, skills in presenting and collaboration to drive strategic conversations with both technical and business-level stakeholders are important.

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How does ITRS support career development for Strategic Sales Executives?

ITRS takes pride in fostering a strong culture of internal promotion and professional development. As a Strategic Sales Executive, you'll have access to training reimbursement programs and a supportive environment that encourages employees to enhance their skills. With opportunities to engage in various projects and collaborate with cross-functional teams, your career growth is an integral part of the ITRS experience.

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What kind of team environment can Strategic Sales Executives expect at ITRS?

At ITRS, the team environment is characterized by collaboration, support, and diversity. As a Strategic Sales Executive, you will work alongside talented professionals across various functions such as sales, marketing, and client services. The friendly and dynamic culture nurtures open communication, making it easy to exchange ideas and contribute to collective success while promoting a healthy work-life balance.

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What benefits does ITRS offer to its Strategic Sales Executives?

ITRS provides an extensive benefits package for its Strategic Sales Executives, including health and dental insurance, an employee assistance program, and a pension scheme. Other perks include flexible hybrid working arrangements, enhanced parental leave, travel insurance, life assurance, and income protection. The company also celebrates its employees through referral bonuses and options to buy and sell holiday time, ensuring a well-rounded support system both personally and professionally.

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Common Interview Questions for Strategic Sales Executive
Can you describe your experience with managing complex sales cycles?

When answering this question, highlight specific examples of past experiences where you've navigated complex sales cycles, including the stages you managed and the strategies that led to successful deal closures. Emphasize your ability to engage with multiple stakeholders and manage expectations throughout the process.

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How do you approach building relationships with key stakeholders in a financial services environment?

To effectively answer this question, discuss techniques you use to establish and maintain relationships, such as active listening, understanding client needs, and fostering trust through transparency. Provide examples of successful relationships you built and how they benefited your previous employers.

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What strategies do you use to identify new business opportunities?

Explain your method for prospecting and finding new clients, highlighting your research skills, use of data analytics, and collaboration with marketing teams to create compelling campaigns. Providing concrete examples of successful lead generation will illustrate your approach.

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How do you prioritize your sales pipeline?

Describe your criteria for qualifying leads and prioritizing deals. Discuss how you assess potential opportunities based on factors such as resource allocation, expected revenue, and alignment with company goals. Show that you can differentiate high-potential deals from those that require more time and effort.

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Can you share an example of a challenging sale and how you overcame obstacles?

Provide a specific example of a challenging sale, outlining the obstacles you faced and the steps you took to overcome them. Focus on problem-solving techniques, resilience, and how you utilized team resources to navigate complexities.

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What role does feedback from clients play in your sales strategy?

Emphasize the importance of feedback as a tool for improvement, demonstrating how you actively solicit client input and leverage it to refine your pitch, address concerns, and develop stronger relationships. Mention any specific instances where client feedback led to successful outcomes.

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How do you stay informed about trends in financial technology?

Discuss your methods for continuing education, such as attending industry conferences, participating in webinars, and following key thought leaders on social media. Your commitment to staying updated demonstrates an understanding of the rapidly evolving landscape.

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Describe a time you successfully collaborated with a team to achieve a sales goal.

Use the STAR method (Situation, Task, Action, Result) to outline a scenario where teamwork played a crucial role in achieving a sales goal. Highlight your collaborative skills and how your contributions led to the team's success.

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What do you consider to be the most critical attributes of a successful sales executive?

Answer this by listing key attributes such as strong communication skills, resilience, strategic thinking, and the ability to build relationships. Provide examples of how you've demonstrated these traits in your previous roles.

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How do you balance between nurturing existing accounts and hunting for new business?

Explain your approach to striking this balance, emphasizing time management and strategic segmentation of your accounts. Discuss how you allocate time to both areas and the impact that maintaining strong relationships has on new business opportunities.

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DATE POSTED
December 13, 2024

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