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IT Consulting Service Sales Lead

Company Description

Vichara is a Financial Services focussed products and services firm hedquartered in NY and building systems for some of the largest i-banks and hedge funds in the world.

Job Description

We are looking for a Sales Head for our Fixed Income IT Consulting services in LA, New York and San Francisco

Role

Sell multi-year offshore, near-shore and onshore Consulting services in Capital Markets or (BFSI ) Banking, Financial Services and Insurance space

Build up a pipeline of opportunities to ensure that sales targets are met

Identify and target new business opportunities
 

Forecasting, preparing bids, negotiating, and managing the sale cycle.

Qualifications

Must have large deals experience selling outsourcing solutions in the Capital Markets sector
Extensive C level contacts and experience at senior level

Proven major wins of new multi-million Capital Markets Services / offshoring / outsourcing deals
Extensive and current experience of services / offshoring

Able to generate leads and submit proposals to the client utilizing a broad knowledge of Oracle service offerings.

Additional Information

Compensation - 100K plus commissions and bonus upto 200K

Average salary estimate

$200000 / YEARLY (est.)
min
max
$100000K
$300000K

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 IT Consulting Service Sales Lead, Vichara

Vichara, a leading firm specialized in providing products and services for the Financial Services sector, is on the hunt for an IT Consulting Service Sales Lead. Located in the heart of Wall St, New York, NY, we're seeking a passionate Sales Head to drive our Fixed Income IT Consulting services in major markets like Los Angeles and San Francisco. As the Sales Lead, you'll not only sell multi-year offshore, nearshore, and onshore consulting services focused on Capital Markets but also play a pivotal role in building a rich pipeline of opportunities. Your day-to-day will include identifying and targeting new business avenues, forecasting, preparing bids, and managing the entire sales cycle. We're looking for someone who has a strong background in selling outsourcing solutions within the Capital Markets sector and boasts an expansive network of C-level contacts. If you have a proven track record of securing multi-million dollar deals and are adept at generating leads while submitting compelling proposals, then you may be the perfect fit for us. Here at Vichara, we reward your hard work with a competitive compensation package that includes a base salary of 100K, with commissions and bonuses that can take your earnings up to 200K! Join us in driving innovation within the Financial Services landscape and be part of a dynamic team that's making impactful changes.

Frequently Asked Questions (FAQs) for IT Consulting Service Sales Lead Role at Vichara
What are the main responsibilities of the IT Consulting Service Sales Lead at Vichara?

As the IT Consulting Service Sales Lead at Vichara, your primary responsibilities will include selling multi-year offshore, nearshore, and onshore consulting services in the Capital Markets space. You will be building a pipeline of opportunities, identifying new business, forecasting sales, preparing bids, and managing the sales cycle. It’s essential to leverage your extensive experience and connections in the industry to achieve sales targets.

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What qualifications are required for the IT Consulting Service Sales Lead position at Vichara?

To be considered for the IT Consulting Service Sales Lead at Vichara, candidates must have substantial experience in selling outsourcing solutions within the Capital Markets sector. Experience with large deals, particularly dealing with C-level executives, is crucial, along with a proven record of securing new multi-million dollar outsourcing deals. You will also need to possess a thorough understanding of services and offshoring in this space.

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How does Vichara support professional growth for the IT Consulting Service Sales Lead?

Vichara is committed to professional growth, providing opportunities for the IT Consulting Service Sales Lead through continuous training programs and networking events tailored to the Financial Services sector. The company fosters an environment where knowledge sharing is encouraged, allowing sales leads to develop their skills and enhance their industry contacts, ultimately benefiting their career advancement.

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What is the salary structure for the IT Consulting Service Sales Lead at Vichara?

The salary structure for the IT Consulting Service Sales Lead at Vichara includes a base compensation of 100K. In addition, high performers can earn commissions and bonuses that could increase total earnings up to 200K, making this role not only rewarding in terms of professional satisfaction but also financially lucrative.

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What qualities make an ideal candidate for the IT Consulting Service Sales Lead at Vichara?

An ideal candidate for the IT Consulting Service Sales Lead position at Vichara possesses strong sales acumen in the Capital Markets space, coupled with excellent communication skills to engage C-level executives effectively. They should be proactive in identifying business opportunities, driven to meet sales targets, and adept at building lasting business relationships. A passion for the Financial Services sector and a proven track record of success will also set candidates apart.

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Common Interview Questions for IT Consulting Service Sales Lead
Can you explain your experience with multi-million dollar outsourcing deals in Capital Markets?

When answering this question, provide specific examples of deals you have closed, detailing the challenges faced and how you overcame them to secure the contract. Highlight the strategies you employed in negotiation and client management to illustrate your expertise and success in this area.

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How do you approach building a sales pipeline for new consulting services?

It's important to describe a systematic approach involving market research, identifying target clients, and utilizing CRM tools to manage leads effectively. Discuss networking strategies and how follow-ups and nurturing relationships factor into your pipeline-building efforts.

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What strategies do you use for forecasting sales in a competitive market?

Explain your methods of analyzing historical data, understanding market trends, and assessing client needs. Also, emphasize the importance of collaboration with the marketing team and using sales analytics tools to create accurate forecasts.

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Describe a time when you had to negotiate with a difficult client. How did you handle it?

When discussing a challenging negotiation, focus on your active listening skills, empathy, and willingness to find common ground. Detail how you used these skills to turn potential conflict into a successful outcome, emphasizing the importance of relationship-building.

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What role do C-level contacts play in your sales strategy?

C-level contacts are crucial as they often hold the decision-making power. Explain how you cultivate these relationships through networking, industry events, and personalized outreach to understand their needs and position your services effectively.

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How do you keep up with industry trends and changes in Capital Markets?

Discuss your methods for staying informed, whether through trade publications, attending conferences, or participating in professional groups. Emphasize the importance of adapting your strategies based on emerging trends to maintain a competitive edge.

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Can you give an example of how you generated leads using Oracle service offerings?

Share a specific example where you leveraged Oracle's capabilities to address a client's needs, demonstrating your understanding of their solutions and how you effectively communicated this to generate interest.

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What metrics do you consider most important when measuring sales success?

Highlight your focus on key performance indicators (KPIs) such as lead conversion rates, revenue growth, client retention rates, and the speed of closing deals. Explain how you analyze these metrics to adjust your sales strategies.

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How do you prepare a compelling proposal for consulting services?

Outline the steps you take in creating a proposal, which should include thorough research on the client, understanding their challenges, and crafting tailored solutions that highlight the unique value of your offerings.

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What motivates you in a sales role, especially in the IT Consulting space?

Reflect on intrinsic motivators such as achieving targets, meeting client needs, and contributing to the success of both your company and clients. Discuss how these motivations drive your performance and influence your sales approach.

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TEAM SIZE
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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 16, 2025

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