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Sales Development Manager

Street Diligence is a high-growth FinTech start-up with an innovative product offering and ambitious expansion plans. Our clients include leading financial institutions that use our platform to analyze and negotiate advantageous terms in legal and financial contracts.  We break down key terms, identify what’s “market” and “off-market” and flags risks embedded in contract terms.  Our platform also provides unique visuals, benchmarking and comparison to place negotiations and contracts in context.  Founded in 2012, Street Diligence is headquartered in New York. 

THE ROLE 

This is an exciting opportunity to shape the trajectory of a fast-moving SaaS company in the FinTech space. Street Diligence is seeking a results-driven Sales Development Manager to lead and optimize our outbound sales efforts, driving the success of our sales strategies and top-of-funnel growth. This role will be pivotal in organizing high-quality prospects, delivering targeted contacts to the SDR team. The ideal candidate will have expertise in outbound marketing strategies, prospect mapping, and a data-driven mindset to track success through conversion rates and revenue impact. This is an exciting opportunity to shape the trajectory of a fast-moving FinTech company in the SaaS space. 

  
WHAT YOU’LL DO 

  • Create and implement a targeted strategy focused on driving market penetration within our key products and verticals to achieve measurable growth. 

  • Focus on generating leads and driving their conversion, with a focus on revenue generation as a key performance indicator. 

  • Equip the SDR team with vetted, high-quality contacts for outreach, ensuring alignment with sales goals and maximizing conversion potential. 

  • Research and identify target companies and key contacts within specific verticals, creating a clear map of high-value opportunities for the sales team. 

  • Design and execute outbound engagement strategies, including the creation of messaging, sales outreach, and drip campaigns, leveraging our existing marketing collateral to enhance engagement. 

  • Identify events and networking opportunities that align with our lead generation and growth objectives . 

WHAT YOU’LL BRING 

  • BA/BS degree (or relevant work experience) 

  • 4+ years of experience in B2B Sales, Sales Enablement, or a related field with a strong focus on lead generation. 

  • Expertise in ‘cold calling’ best practices and managing diverse stakeholder groups 

  • Demonstrated expertise in creating and managing outbound campaigns, including email marketing, drip campaigns, and targeted outreach 

  • Proficiency with CRM systems (ie. Salesforce) and marketing automation platforms to track and nurture leads effectively 

DESIRED QUALIFICATIONS 

  • Experience working at a FinTech or Financial Services organization. 

  • Experience selling an AI or ML based SaaS platform 

We know that not everyone will meet all of the qualifications listed above. If your experience doesn't perfectly align, but you believe you'd be a strong fit for the team, we encourage you to apply. We’re eager to learn more about what you can offer! 

Street Diligence is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state or local law. Street Diligence participates in the E-Verify employment system of the U.S. Government. 

Average salary estimate

$80000 / YEARLY (est.)
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$90000K

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What You Should Know About Sales Development Manager, Street Diligence

Are you ready to drive growth in an exciting new role? Street Diligence, a rapidly growing FinTech start-up based in Florianópolis, is on the lookout for a dynamic Sales Development Manager! In this influential position, you will lead our outbound sales efforts and take charge of designing and implementing strategies that deliver measurable growth. Your impactful work will support leading financial institutions that rely on our innovative platform to navigate legal and financial contracts effectively. You will optimize the efforts of our Sales Development Representatives by providing them with high-quality prospects, ensuring they have the best chance to succeed. With your background in B2B sales and a knack for prospect mapping, you'll thrive as you research and identify target companies while creating compelling outreach campaigns. This isn't just a job; it's a chance to shape the future of a cutting-edge SaaS company and make a significant impact in the FinTech industry. If you’re ready to elevate your career in a supportive and inclusive environment, we would love to hear from you at Street Diligence!

Frequently Asked Questions (FAQs) for Sales Development Manager Role at Street Diligence
What are the main responsibilities of a Sales Development Manager at Street Diligence?

The Sales Development Manager at Street Diligence plays a critical role in designing outbound marketing strategies to enhance lead generation and market penetration. Your main responsibilities include creating and implementing targeted strategies, delivering vetted contacts to the sales team, researching high-value opportunities, and executing engaging outreach campaigns. This role is all about driving conversion and maximizing revenue growth in a fast-paced FinTech environment.

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What qualifications are required for the Sales Development Manager position at Street Diligence?

To excel as a Sales Development Manager at Street Diligence, candidates should have a BA/BS degree or relevant work experience, as well as 4+ years in B2B sales or sales enablement with a primary focus on lead generation. Expertise in cold calling, managing diverse stakeholder groups, and experience with CRM systems like Salesforce are essential. Additionally, experience within the FinTech or financial services sector is desirable.

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What type of experience will make me a good fit for the Sales Development Manager role at Street Diligence?

Candidates with prior experience in B2B sales, particularly those who have worked on outbound marketing campaigns or have a background in the SaaS field, will find themselves well-prepared for the Sales Development Manager position at Street Diligence. Knowledge of the FinTech industry, coupled with skills in cold calling and lead nurturing, will also help you stand out as a strong contender.

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How does the Sales Development Manager contribute to growth at Street Diligence?

The Sales Development Manager significantly contributes to Street Diligence's growth by developing innovative outbound strategies that increase market reach. By efficiently mapping prospects and managing the SDR team's outreach efforts, you directly influence conversion rates and revenue generation, ultimately supporting the company's expanding client base in the FinTech space.

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What is the company culture like at Street Diligence for the Sales Development Manager role?

At Street Diligence, we pride ourselves on fostering an inclusive and supportive company culture. As a Sales Development Manager, you will be part of a collaborative team that values merit and performance while encouraging individual contributions. Our commitment to diversity and professional growth ensures a vibrant workplace where your ideas and strategies can flourish.

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Common Interview Questions for Sales Development Manager
Can you explain your experience with lead generation in B2B sales?

When answering this question, discuss specific lead generation strategies you've employed in the past, particularly those relevant to the Finance or SaaS sectors. Highlight successful campaigns, any tools or CRM systems you used, and how you measured success through conversion rates.

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What do you consider best practices for cold calling?

In your response, mention key techniques like thorough preparation, effective scripting, and developing a compelling elevator pitch. Also, address key aspects such as active listening, building rapport, and overcoming objections during calls, as these are essential to converting leads.

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How do you develop a sales engagement strategy?

Focus on explaining your approach to understanding the target market and customer pain points. Discuss how to design messaging and select channels for outreach, leveraging existing marketing collateral while tailoring the strategy to maximize engagement and conversions.

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What metrics do you use to measure the success of sales initiatives?

Discuss relevant metrics such as conversion rates, lead quality, revenue generated, and time spent on each stage of the sales funnel. Show your understanding of how analyzing these metrics can inform future sales strategies and improve outreach effectiveness.

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How do you handle objections during the sales process?

In your answer, illustrate your method for effectively addressing objections. Explain how you actively listen to the client's concerns, empathize with their position, and provide solutions that demonstrate the value of the product or service being offered.

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Can you discuss a challenging lead generation experience and how you overcame it?

Share a specific example of a challenging situation you faced in lead generation. Discuss the approach you took to assess the situation, the strategies you implemented to address the challenge, and the positive effects of your actions on the overall sales results.

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What role does data play in your sales strategies?

Emphasize the importance of data in informing your sales strategies. Talk about how data-driven insights help you identify high-growth opportunities, optimize your outreach efforts, and enhance decision-making for lead generation campaigns.

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Have you worked with any marketing automation tools? If so, which ones?

Mention the specific marketing automation tools you have experience with, such as Salesforce or others relevant to sales outreach. Discuss how you utilized these tools to streamline processes, nurture leads, and measure campaign success.

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How do you prioritize which leads to pursue?

In your response, illustrate your criteria for prioritizing leads, such as their fit within target verticals, potential revenue impact, and engagement levels. Explain how a data-driven approach helps you focus efforts on the most promising opportunities.

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What strategies do you use to align the SDR team with overall sales goals?

Discuss the importance of communication and collaboration in aligning the SDR team's efforts to sales goals. Explain how you establish clear objectives, provide regular feedback, and encourage brainstorming sessions to ensure everyone is on the same page.

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Street Diligence is the leading provider of deal term analytics for fixed income investment professionals. Our web-based platform is used by leading hedge funds, global investment banks, direct lenders, restructuring advisors and insurance compani...

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Full-time, on-site
DATE POSTED
January 3, 2025

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