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Senior Business Development Manager, Banking and Private Equity

Rystad Energy is a leading energy research and consulting firm headquartered in Oslo, Norway with over 36 offices across the world.  The company was founded in 2004 to provide strategic consulting services but has evolved into one of the world’s leading energy research organizations providing market intelligence and forecasts through a myriad databases and reports covering the global energy sector, from Oil & Gas to Renewables & Energy Transition. Our clients include the largest energy, financial and service companies served by our growing team of over 450 industry experts. 

 

 The Role

 

Rystad Energy has developed a strong position as an insight provider within the global financial sector and we are looking to translate that reputation into growth of our market share in this space. The candidate will focus on expanding Rystad’s relationship with an assortment of existing clients and seek to expand the client base in the US. Candidate must have exceptional account management capabilities, new business generation skills with experience in solution selling. As part of the sales team, the role holder can expect the support of our global client-facing research analysts and product specialists. 

 

Investment banks, private equity, hedge funds, institutional investors, asset managers and equity research will be the primary segments with which the candidate can expect to work. Strong negotiation skills, knowledge of the global financial sector, experience in selling services, a consultative selling approach, product demonstrations and excellent networking skills are sought.  Travel will be expected nationally with occasional international trips. Preferred location for this role is Houston.

 

Responsibilities

  • Build and execute sales and pipeline strategy to the financial sector participants in the oil & gas and clean energy sectors
  • Present the company, our research and services in person and online at meetings industry events and social media
  • Achieve and surpass growth targets defined for the covered sector
  • Understand the core needs of each client type and build an effective value proposition
  • Communicate internally with research, sales colleagues and management on actives and results and provide feedback and suggestions on product enhancement and new product ideas
  • Design and implement an outreach program in connection with our Marketing team
  • Manage interactions through the company’s CRM system
  • Ensure new clients are on-boarded properly

 

Skills & Experience

  • Selling research databases or consulting services is preferred
  • 3-7 years of new client acquisition in financial sector
  • Building value propositions for our databases based upon specific personas and company types
  • Goal oriented self-starter that can work independently, as part of a team and pull in resources as required
  • Account management best practices and new business generation skills
  • Negotiating with procurement and/or senior management
  • The ability to quickly and effectively build new networks, strong existing network a plus
  • A Bachelor’s degree, Masters desirable
  • Using standard Office tools and CRM systems

 

Submission deadline: March 31, 2022

 

Please include a cover letter, CV, transcripts and other relevant documents in a combined PDF file when you upload your application. Αll applications must be sent exclusively via our portal.

 

MacOS users can experience difficulties in uploading documents. Please use a Windows PC in order to apply.

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CEO of Rystad Energy
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Jarand Rystad
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What You Should Know About Senior Business Development Manager, Banking and Private Equity, Rystad Energy

Are you a driven and passionate professional looking for a new challenge? Rystad Energy, a prominent energy research and consulting firm headquartered in Oslo, Norway, is seeking a Senior Business Development Manager in Banking and Private Equity. This role is perfect for someone who thrives on building relationships and expanding market presence, especially in the US financial sector. You will be at the forefront of Rystad’s engaging interactions with investment banks, private equity firms, hedge funds, and other financial institutions. Your exceptional account management capabilities and new business generation skills will play a crucial role in achieving growth targets in the oil & gas and clean energy sectors. You’ll collaborate closely with a talented team of research analysts and product specialists to present our comprehensive research and services through engaging meetings, industry events, and online platforms. Traveling across the country and occasionally internationally, you will build effective networks and enhance client relationships. This is more than just a sales position; it’s about communicating the value of Rystad Energy’s extensive databases and consulting services, understanding client needs, and bringing innovative ideas to the table. If you have 3-7 years of experience in the financial sector and a knack for consultative selling, we would love for you to join our dynamic team! Let's work together to shape the future of energy consulting.

Frequently Asked Questions (FAQs) for Senior Business Development Manager, Banking and Private Equity Role at Rystad Energy
What are the key responsibilities of a Senior Business Development Manager at Rystad Energy?

As a Senior Business Development Manager at Rystad Energy, your main responsibilities include building and executing a sales strategy targeting the financial sector, primarily in oil & gas and clean energy. You'll present our research and services, achieve and surpass growth targets, and develop customized value propositions for various client types. Collaborating with internal teams and managing interactions through the company's CRM system are also crucial parts of your role.

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What qualifications do I need to apply for the Senior Business Development Manager position at Rystad Energy?

To be a strong candidate for the Senior Business Development Manager position at Rystad Energy, you should ideally have a Bachelor’s degree, with a Master’s degree being desirable. Moreover, possessing 3-7 years of experience in new client acquisition within the financial sector and having a solid understanding of consultative selling practices will significantly enhance your application.

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What skills are important for success as a Senior Business Development Manager at Rystad Energy?

Successful candidates for the Senior Business Development Manager role at Rystad Energy should demonstrate exceptional negotiation skills, account management expertise, and a proactive approach to business generation. Additionally, the ability to quickly build and maintain strong networks, along with proficiency in using CRM systems and standard Office tools, is essential to thrive in this position.

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How does Rystad Energy support its Business Development Managers?

Rystad Energy provides robust support to its Business Development Managers through its team of global client-facing research analysts and product specialists. This collaboration ensures that you have the tools and resources necessary to present our high-quality research and consulting services effectively and to engage deeply with clients in the financial sector.

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What is the expected travel for the Senior Business Development Manager role at Rystad Energy?

In the Senior Business Development Manager role at Rystad Energy, you should anticipate national travel to meet and engage with clients, with occasional international trips. This travel is essential for building relationships and growing the company’s presence in the financial sector, particularly in oil & gas and clean energy.

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Common Interview Questions for Senior Business Development Manager, Banking and Private Equity
Can you describe your experience in acquiring new clients within the financial sector?

In your response, highlight specific examples of client acquisition in your previous roles. Discuss strategies you used, any challenges faced, and how you overcame them. Demonstrating a consultative approach and the ability to tailor your sales techniques to different client personas will illustrate your suitability for the role.

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How do you prioritize your sales targets and manage your pipeline effectively?

An effective answer should include your method for assessing potential clients and prioritizing based on factors such as viability and strategic value. Talk about how you utilize CRM systems to track progress and adjust strategies based on ongoing results.

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Describe a successful negotiation you’ve led in your previous positions.

Share a specific example of a negotiation that resulted in a positive outcome. Focus on your approach, the techniques you used, and how you built rapport with the other party, showcasing your negotiation skills and business acumen.

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What strategies do you generally use for consultative selling?

Discuss the importance of understanding the client's unique needs and tailoring your value proposition accordingly. Clearly outline the techniques you employ for building trust and effectively communicating how your services meet those needs.

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How do you keep current with trends in the energy sector?

Provide examples of various resources you use to stay informed about the latest trends and changes in the energy sector, such as industry publications, networking events, and professional organizations. This showcases your commitment to continuous learning and expertise in the field.

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Can you explain how you effectively utilize team support in your role?

Detail how you collaborate with internal teams, including research and marketing, to enhance your sales efforts. Discuss specific instances where teamwork has led to successful outcomes in client engagement.

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What challenges do you foresee in this role and how would you address them?

Your response should highlight common challenges faced in business development roles, such as competition and evolving client needs. Discuss proactive strategies you would implement to tackle these challenges, demonstrating your strategic thinking and problem-solving skills.

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In the context of this role, how would you go about developing a value proposition for a specific client?

Explain your process for research and understanding client needs, then detail how you craft a personalized value proposition based on this understanding. Illustrate with an example if possible, highlighting your analytical skills and customer-focus.

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What role does data play in your business development strategy?

Discuss how you leverage data analytics to inform your business development strategies. Share how insights can drive your approach to lead generation and client targeting, illustrating your competency with research databases and market intelligence.

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Why do you want to work for Rystad Energy as a Senior Business Development Manager?

Prepare to articulate your motivations for joining Rystad Energy, emphasizing your alignment with the company's values, its impressive track record in the energy sector, and how your skills will contribute to its ongoing success. Authenticity and enthusiasm for the role will be key.

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We are an independent research and business intelligence company, equipping clients with data and insights that power better decision making. Energy is the lifeblood of our company and the world at large. Our data and insights are granular and bot...

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