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Thought Machine

Strategic Sales Director - US

New York, NY

Thought Machine's mission is bold - to properly and permanently rid the world's banks of legacy technology. To achieve this, we have developed the foundations of modern banking and built core and payments technology, which runs natively in the cloud. What we are attempting is hard and means we need great people working together to build great technology.

We have grown rapidly in the past few years - growing our team to more than 550 individuals across offices in London, New York, Singapore and Sydney. We have raised more than $500m in funding and are now valued at $2.7bn. Our investors include Nyca Partners, Morgan Stanley, JPMorgan Chase, Temasek, Molten Ventures, Eurazeo, Intesa Sanpaolo, Standard Chartered, and more.

We have created a culture enabling our team to produce the best work in the industry, ensuring we have fun along the way. We're regularly cited as having a great workplace culture and, in 2022, were named the number one place to work in New York City by Crain's New York Business Magazine. We are also listed in Crain's 2022 Fast 50 - as one of the fastest-growing businesses in New York City.

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We are looking for a Strategic Sales Director to be responsible for expanding our Tier 1 and 2 Bank footprint for the East of the US. This includes building and forecasting the pipeline, qualifying the leads generated by yourself, the marketing team and our partner organisations, and managing large contracts to close. You need to be tech and business-savvy, but you will also have the full support of the sales and marketing teams. This role is suitable for a candidate who enjoys the opportunity to build a regional footprint from scratch, work autonomously and can work closely together across teams.

NY Area preferable.

Duties

  • Develop and deliver proposals that consider customer and prospect priorities and critical needs.
  • Build and develop relationships at multiple levels: - sponsors, influencers, and decision-makers across the region to generate interest and add to the pipeline.
  • Exceed annual regional goals for software licensing and professional services contracts.
  • Partnership with sales engineers, and delivery and marketing teams to create targeted sales campaigns.
  • Manage your time between advancing the "good fit" leads with high odds / short-term wins and stimulating opportunities that will develop over the long term.
  • Understand the needs and problems of potential and existing customers and interact with our in-house product and development teams.
  • Develop and implement the regional sales plan.

Requirements

Essential

  • Proven track record of exceeding software sales targets.
  • Experience selling enterprise software or services to Tier 1 and 2 banks/financial institutions.
  • Knowledge and experience of banking procurement practices and processes and overall typical sales lifecycle for selling enterprise platforms into banks
  • Excellent understanding of the issues facing retail banks, ranging from technological, regulatory and commercial pressures.
  • Proven ability to generate leads and show a high conversion rate to completion.
  • Able to quickly understand prospective clients' needs to converse competently regarding the proposition's technical and commercial aspects.
  • Robust objection handling and negotiation skills. Ability to handle both with grace and professionalism.
  • Able to build credible, trustworthy, and lasting relationships and handle and influence key decision-makers, especially at the C-suite level in organisations.
  • Experience in fast-paced start-ups and/or selling enterprise software in more established companies.
  • Able to demonstrate consistently hitting and exceeding sales targets
  • Bring energy, weight and passion into the conversation.
  • Knowledge of domain-driven design, BIAN, and modern event-driven system architecture.
  • Based in New York.

Desirable

  • Strong experience and understanding of cloud infrastructure technology
  • Experience having worked in a global scale-up/ being an early-stage employee in a new market
  • Understanding of core banking modernisation and the challenges of moving from mainframe to cloud

Benefits

Salary - $150,000 - $200,000 + Commission

  • Highly competitive salary
  • Healthcare, vision and dental
  • 25 days holiday
  • Unlimited paid safe and sick time
  • 401K matching (up to 7%)
  • $750 per year flexible spend benefit
  • Share options
  • Commuter Pass
  • Flexible Spending Account (FSA)
  • Life and long-term disability insurance
  • All the latest tech you need
  • A talented and experienced team as your colleagues
  • An environment where we encourage learning and progress

Client-provided location(s): New York, NY, USA
Job ID: Thought_Machine-266
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Casual Dress
    • Snacks
    • Some Meals Provided
  • Vacation and Time Off

    • Personal/Sick Days
    • Paid Vacation
    • Paid Holidays
  • Financial and Retirement

    • Company Equity
    • 401(K) With Company Matching
  • Professional Development

    • Access to Online Courses
    • Lunch and Learns
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program