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Full-Time

VP of Sales

Posted on 8/22/2024

Beacon Platform

Beacon Platform

51-200 employees

Integrated platform for trading and risk management

Data & Analytics
Enterprise Software
Financial Services

Compensation Overview

$200k - $300kAnnually

Senior, Expert

New York, NY, USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Marketing
Customer Service
Business Strategy
Requirements
  • 15+ years of experience in selling Enterprise software solutions, with a successful track record in large, complex sales. Financial software/Capital markets background preferred but not required
  • Familiarity with Sec-DB, Athena, Quartz or other Enterprise financial software solutions is advantageous
  • A minimum of 8-10 years of experience managing and directing a sales team.
  • A natural leader that is willing and eager to learn; You need to understand the problems and needs that drive customers and prospects to search for solutions
  • Proven history of retaining, developing, motivating, and mentoring highly effective teams.
  • Exceptional relationship building, collaboration, and team development skills.
  • Exceptional communicator with strong presentation skills and an Executive presence.
  • Proven ability to present technical solutions effectively and influence technical decision-makers and executives
  • Demonstrated ability to implement processes that drive performance and scalability.
  • Willingness to travel frequently and internationally.
  • Experience scaling at an early stage startup is a plus.
Responsibilities
  • Lead and build a high-performing global sales team, including Account Executives and Account Managers, while providing guidance, coaching and professional development for the sales team
  • Develop and execute comprehensive sales strategies to achieve revenue goals. Identify new client opportunities, and expand business with existing clients. Oversee and actively participate in sales negotiations to win deals and secure favorable terms for the company
  • Establish clear performance metrics, KPIs and sales targets for the team to ensure accountability. Implement robust sales enablement processes, tools and technologies to streamline workflows and optimize productivity. Forecast accurate revenue and pipeline projections to support business planning and decision making.
  • Oversee and nurture client relationships, ensuring exceptional customer service throughout the sales cycle. Build and maintain trust with clients, ensuring long-term partnerships.
  • Work closely with the Marketing team to generate and optimize campaigns (digital, content, demand generation, etc.). Enhance sales opportunities and revenue generation through data-driven insights.
  • Hold overall accountability for the sales organization's performance, ensuring profitable achievement of organizational goals. Align sales objectives with the company's short- and long-term business strategy.
  • Actively participate in client calls, collaborating with client leadership to drive strategic and tactical planning aligned with clients' objectives. Demonstrate a customer-centric approach in all interactions.
  • Collaborate closely with the CEO, Co-Founder, and other executives to ensure alignment between sales objectives and broader company goals. Work as a key player in organizational success and growth.

Beacon Platform offers an integrated platform for trading and risk management, specifically designed for clients in the capital markets sector, including financial institutions, asset managers, and trading firms. The platform unifies various products, data, analytics, and workflows, enabling clients to manage risk across all asset classes from a single interface. It operates on a software-as-a-service (SaaS) model, where clients pay a subscription fee to access the cloud-hosted platform, allowing for recurring revenue and a scalable environment for trading needs. Key features include integration with existing systems, tools for building and deploying trading applications, and customizable analytics. Additionally, Beacon provides consulting services to assist clients in developing strategies and seizing market opportunities. The goal of Beacon Platform is to help clients optimize their trading and risk management processes through data-driven decision making.

Company Stage

Series C

Total Funding

$94.6M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

2%

1 year growth

-1%

2 year growth

-6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Beacon.io's recent $56M Series C funding round indicates strong investor confidence and potential for growth.
  • The partnership with Trayport enhances Beacon's capabilities in the energy trading market, opening new revenue streams.
  • Recognition as the top Quant Management Framework by Chartis QuantTech50 highlights Beacon's industry leadership and innovation.

What critics are saying

  • The capital markets sector is highly competitive, requiring continuous innovation to maintain market position.
  • Frequent changes in executive leadership, such as the new President and European Head of Sales, could lead to strategic misalignments.

What makes Beacon Platform unique

  • Beacon.io offers a unified platform for trading and risk management, unlike competitors who often provide fragmented solutions.
  • Their SaaS model ensures scalable and controlled environments, providing a competitive edge over traditional on-premise systems.
  • Beacon.io's strong focus on data-driven decision making and customizable analytics sets it apart in the capital markets sector.

Benefits

Medical Insurance

Paid time-off

401(k) match

Employee Referral Bonus

Volunteer Time-off Program

Wellness and wellbeing initiatives

Regular social events and parties

Commuter benefits

INACTIVE