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Job DescriptionCome join us!We are seeking a Sales Executive in the Chicago for Oracle's Financial Services Global Industry Unit in the Northeast US.Who we are:The Financial Services Global Industry Unit (FSGIU) provides software solutions for Core Banking, Trading, Payments, Risk and Compliance, Analytics, Revenue Management and Billing, Private Wealth Management, Cash & Asset Management, also Lending & Leasing products to enterprise customers across the globe.The role:In this role, you will be selling our solutions to a portfolio of large enterprise financial services accounts generally within a geographic territory.Primary job duty is to sell business applications software/solutions and related services to prospective and existing customers. Manage sales through forecasting, account resource allocation, account strategy, and planning. Develop solution proposals encompassing all aspects of the application. Participate in the development, presentation and sale of a value proposition. Negotiate pricing and contractual agreement to close the sale. Identify and develop strategic alignment with key third party influencers.Leading contributor individually and as a team member, providing direction and mentoring to others. Work is non-routine and very complex, involving the application of advanced technical/business skills in areas of required specialization associated with the solutions being sold. 10 years applicable experience within the financial services industry, preferably commercial and/or retail banking, including at least 7 years of direct, quota carrying sales experience with application software solutions. Successful sales track record. Ability to penetrate accounts, meet with stakeholders within accounts. Oracle knowledge and/or knowledge of Oracle*s competitors. Proven ability to interact with C level client and internal stakeholders. Team player with strong interpersonal /communication skills. Excellent communication/negotiating/closing skills with prospects/customers. Travel will be required. Bachelor degree or equivalent educational experience.We care:Oracle Supports Workforce DiversityOracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans status or any other characteristic protected by law.Career Level - IC5ResponsibilitiesPrimary job duty is to sell business applications software/solutions and related services to prospective and existing customers. Manage sales through forecasting, account resource allocation, account strategy, and planning. Develop solution proposals encompassing all aspects of the application. Participate in the development, presentation and sales of a value proposition. Negotiate pricing and contractual agreement to close the sale. Identify and develop strategic alignment with key third party influencers.Disclaimer:Certain US customer or client-facing roles may be required to comply with applicable requirements, such as immunization and occupational health mandates.Range and benefit information provided in this posting are specific to the stated locations onlyUS: Hiring Range: from $126,200 to $207,400 per annum. May be eligible for equity. Eligible for commission with an estimated pay mix of 45/55 - 50/50.Oracle maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, market conditions and locations, as well as reflect Oracle’s differing products, industries and lines of business.Candidates are typically placed into the range based on the preceding factors as well as internal peer equity.Oracle US offers a comprehensive benefits package which includes the following:Medical, dental, and vision insurance, including expert medical opinionShort term disability and long term disabilityLife insurance and AD&DSupplemental life insurance (Employee/Spouse/Child)Health care and dependent care Flexible Spending AccountsPre-tax commuter and parking benefits401(k) Savings and Investment Plan with company matchPaid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.11 paid holidaysPaid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.Paid parental leaveAdoption assistanceEmployee Stock Purchase PlanFinancial planning and group legalVoluntary benefits including auto, homeowner and pet insuranceThe role will generally accept applications for at least three calendar days from the posting date or as long as the job remains posted.About UsAs a world leader in cloud solutions, Oracle uses tomorrow’s technology to tackle today’s problems. True innovation starts with diverse perspectives and various abilities and backgrounds.When everyone’s voice is heard, we’re inspired to go beyond what’s been done before. It’s why we’re committed to expanding our inclusive workforce that promotes diverse insights and perspectives.We’ve partnered with industry-leaders in almost every sector—and continue to thrive after 40+ years of change by operating with integrity.Oracle careers open the door to global opportunities where work-life balance flourishes. We offer a highly competitive suite of employee benefits designed on the principles of parity and consistency. We put our people first with flexible medical, life insurance and retirement options. We also encourage employees to give back to their communities through our volunteer programs.We’re committed to including people with disabilities at all stages of the employment process. If you require accessibility assistance or accommodation for a disability at any point, let us know by calling View phone number on click.appcast.io, option one.Disclaimer:Oracle is an Equal Employment Opportunity Employer*. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.• Which includes being a United States Affirmative Action Employer Oracle
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$126200K
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What You Should Know About Sales Executive - Financial Services Global Industry Unit, Oracle

If you're a passionate sales professional with experience in the financial services sector, Oracle invites you to be part of our team as a Sales Executive in Jackson, MS. At Oracle’s Financial Services Global Industry Unit, we're committed to providing innovative software solutions that empower our clients, from core banking systems to comprehensive risk and compliance tools. In this role, you will manage a portfolio of large enterprise financial accounts, where you'll leverage your expertise to sell our cutting-edge business applications and solutions. Your daily activities will involve not just selling but also crafting solution proposals, forecasting sales, and strategizing account management. You’ll have the opportunity to engage with C-level clients and key third-party influencers to shape value propositions that resonate with their needs. With a focus on collaboration and mentorship, you will be an essential player in our team environment while also demonstrating your ability to work independently on complex sales processes. If you have at least 10 years of relevant experience, including 7 years in quota-carrying sales roles, we want to hear from you! Your strong negotiation skills and ability to build relationships will be key in closing deals. This is more than just a role; it's a chance to grow with a company that values diversity and innovation and offers a competitive salary along with a robust benefits package. Come join a diverse and inclusive workplace at Oracle, where every individual can contribute their unique perspectives and thrive.

Frequently Asked Questions (FAQs) for Sales Executive - Financial Services Global Industry Unit Role at Oracle
What are the primary responsibilities of a Sales Executive at Oracle in Jackson, MS?

As a Sales Executive at Oracle's Financial Services Global Industry Unit in Jackson, MS, your main responsibility will be selling business applications software and associated services to large enterprise financial accounts. You'll engage in forecasting, account strategy, and resource allocation while developing solution proposals that encompass all aspects of the software applications. Your role will also involve negotiating contracts and establishing relationships with key influencers within the industry.

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What experience is required for the Sales Executive position at Oracle?

To qualify for the Sales Executive role at Oracle, candidates should have at least 10 years of experience in the financial services industry, with at least 7 years in direct, quota-carrying sales of application software solutions. A proven track record of successful sales experiences and the ability to engage with C-level clients are also crucial for this position.

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What skills are essential for success as a Sales Executive at Oracle?

Essential skills for success in the Sales Executive role at Oracle include strong communication and negotiation abilities, proficiency in strategic sales planning, and the capacity to build relationships with key stakeholders. Experience in the financial services sector and familiarity with Oracle solutions or competitors will also enhance your chances of excelling in this position.

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Does the Sales Executive role at Oracle require travel?

Yes, the Sales Executive position at Oracle may require travel. Given the nature of engaging with clients across enterprise financial services, you will need to be able to travel to meet stakeholders and present solutions effectively.

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What benefits can a Sales Executive at Oracle expect?

Oracle offers a comprehensive benefits package for its Sales Executives, including medical, dental, and vision insurance, retirement savings plans with company match, generous vacation and paid leave, and various voluntary benefits. Oracle also emphasizes work-life balance and provides opportunities for personal and professional development.

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Common Interview Questions for Sales Executive - Financial Services Global Industry Unit
Can you describe your sales strategy as a Sales Executive?

When crafting an answer to describe your sales strategy as a Sales Executive, emphasize your approach to generating leads, building relationships, and closing deals. Discuss how you tailor your strategies to meet clients' unique needs and how you leverage market research to identify opportunities.

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How do you handle objections from potential clients?

To effectively answer this question, share specific techniques you use to manage objections. For instance, explain how you listen actively to the client’s concerns, respond thoughtfully, and provide evidence or case studies that address their hesitations.

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Tell me about a difficult sale you closed and how you achieved it.

In answering this question, narrate a particular case where you faced challenges, such as stiff competition or budget constraints. Explain your thought process, your approach to overcoming those hurdles, and the steps you took to ultimately close that sale.

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What do you consider your biggest achievement in sales?

When discussing your biggest achievement, be specific and quantifiable. For example, mention a major contract you secured, the size of the deal, or how you exceeded your sales targets and contributed to team success.

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How do you stay informed about industry trends and competitors?

Highlight your methods for staying updated on industry trends and competitor moves, such as subscribing to financial news, attending industry conferences, or networking with peers. This will reflect your proactive approach to staying competitive and knowledgeable.

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How do you build long-lasting relationships with clients?

To answer this question, share strategies you use for relationship-building, such as personalized communication, regular check-ins, and exceeding client expectations. Providing examples of successful long-term partnerships will bolster your response.

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What metrics do you use to gauge your sales performance?

When discussing metrics, mention key performance indicators like conversion rates, average deal size, or client retention rates. Explain how you analyze these metrics to adjust your strategies and improve your performance over time.

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Describe a time when you took the lead on a project.

In your response, choose a project where you demonstrated leadership. Discuss the objectives, your initiatives, and the successful outcomes, emphasizing how your leadership positively impacted the project and team.

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Why do you want to work as a Sales Executive at Oracle?

To answer why you want to work at Oracle, express your alignment with the company's values and mission. Discuss your admiration for their innovative solutions in financial services and your enthusiasm for contributing your skills to such an esteemed organization.

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How do you prioritize your sales activities?

Discuss your approach to prioritization, such as using a systematic method for evaluating prospects based on potential value, readiness to buy, and strategic importance to the company. This reflects your organization skills and ability to be proactive in your sales efforts.

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Oracle is an American multinational computer technology company and was the third-largest software company in the world in 2020. As the cloud leader for business, Oracle provides computing infrastructure and software to organizations worldwide.

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