Head of West Coast Electronic Trading Sales
BestEx Research
Sales & Business Development
San Francisco, CA, USA
Posted on Wednesday, July 26, 2023
About BestEx ResearchBestEx Research is a financial technology and research firm specializing in building sophisticated execution algorithms and transaction cost modeling tools servicing multiple asset classes. The firm provides its services to performance-demanding hedge funds, CTAs, asset managers, and banks through a traditional electronic broker and in a broker-neutral Software as a Service (SaaS) model.BestEx Research’s mission is to become the leader in automation and measurement of execution across asset classes globally and significantly reduce transaction costs for our clients.Its cloud-based platform, Algo Management System (AMS), is the first end-to-end algorithmic trading solution for equities, futures, and foreign exchange that delivers an entire ecosystem around execution algorithms, including transaction cost analysis (TCA), an algo customization tool called Strategy Studio, a trading dashboard, and pre-trade analytics in a single platform. The platform is currently live for US equity and global futures trading.BestEx Research is disrupting a $100 billion industry by challenging the status quo of stale, black-box solutions from banks and offering next-generation execution algorithms that combine performance improvement with transparency and customization. Visit bestexresearch.com for more information about our mission, products, research, and services.
Location: San Francisco, CA
Primary Job ResponsibilitiesWe’re looking for a Senior Electronic Trading Salesperson / sales manager to help grow revenues for our fast-growing industry-leading multi-asset algorithmic trading product.A good candidate has strong relationships with decision makers and experience serving at least one of the following segments of firms: Quantitative Hedge Funds, Hedge Funds, Long Only Equity Funds, or Sell Side Equity Trading Desks. Responsibilities include:
- Identify and develop leads into customers, facilitate onboarding of our algorithms and/or AMS platform, and service existing accounts
- Deliver the highest level of service to all clients
- Understand the value proposition of BestEx Research products and be able to articulate in the form of a detailed presentation or a short elevator pitch
- Provide feedback on customer satisfaction and make recommendations to drive product innovation
- Prior experience in sales/produce sales capacity for electronic trading solutions or transaction cost analysis products
- Strong relationships with decision makers in at least one customer segment: Quantitative Hedge Funds, Hedge Funds, Long Only Equity Funds, or Sell Side Equity Trading Desks
- Understanding of US equity market structure or Futures electronic trading and competitive landscape among algorithmic execution platforms
- Understanding of execution algorithms and drivers of transaction costs
- Ability to connect with stake holders at various levels (e.g., head traders, PMs, executives)
- Outstanding interpersonal, communication, and presentation skills