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Regional Director, Business Development - Chicago Illinois
Company: Family Office Exchange Location: Chicago, Illinois
Posted On: 05/03/2024
Family Office Exchange ("FOX") is the industry-leading membership organization servicing multi-generational families, family office executives, and trusted advisors. Position Summary:The Regional Director, Business Development is responsible for taking a consultative approach to understand the needs and objectives of prospective members and guide them to the appropriate FOX resources (which will primarily include Membership and potentially other products and services). You will generate qualified prospects primarily in North America, cultivating relationships and converting prospects into membership at Family Office Exchange. You will be responsible for the entire sales process of FOX services to Wealth Owners, Family Office Executives and Advisory firms. This process includes assessing prospects qualifications to determine if FOX membership opportunities are appropriate. In this hybrid role, conveniently located out of the FOX location in downtown Chicago, this role offers the opportunity to collaborate with an amazing team in a full-life cycle sales role. Duties and Responsibilities: - Define and achieve monthly and annual new sales and revenue growth goals.
- Develop, cultivate, and manage productive strategic alliances with carefully selected organizations/networks synergistic with FOX to reach groups of new prospects.
- Proactively generate qualified leads through referral source development, as well as other networking and marketing activities.
- Leverage existing and inbound leads to grow the membership base, consistent with specific qualifying criteria established by the firm's senior management.
- Develop an understanding of the changing business needs that prospective members face and effectively articulate the value proposition for the firm's membership offerings.
- Participate in development and implementation of product, pricing, and go-to-market strategies.
- Plan and execute effective sales strategies, plans and campaigns, in conjunction with Sales Management & Marketing.
- Manage a pipeline and maintain timely and accurate information around new opportunities and sales calls within CRM.
- Provide feedback on market and prospective member trends to the firm's senior management on a quarterly basis and complete required sales reports and forecasts on a weekly basis.
- Promote FOX and network with participants at selected industry conferences.Ideal Professional Experience:
- Bachelor's degree or equivalent (advanced degree or professional certificate preferred) with a minimum of 5 years of proven success in a sales role within financial services, ultra-high net worth and/or membership/associations.
- Knowledge of wealth management industry and the unique requirements of serving ultra-high-net-worth clientele. Ideally, experience selling into Single Family Office entities preferred.
- Proficient using a CRM or tracking system. Dynamics 365 experience is a plus.
- Demonstrated ability to manage sales process and forecast with precision in a fast-paced sales.
- Proven track record of consistently meeting or exceeding personal/team sales goals.Professional Attributes:
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