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iCapital is seeking a regional Vice President or Senior Vice President level senior sales leader for the Midwest Region. This individual is responsible for leading sales coverage in Illinois, New Mexico and Wisconsin. This role is part of iCapital’s Alternatives Distribution Sales Leadership team and will report to the Head of Alternative Investments Distribution. The team is responsible for alternative investment product sales and financial advisor education across registered investment advisors, regional and independent broker dealers and bank trust clientele.
Job Responsibility:
Optimize the existing team’s client coverage model (e.g. segmentation, sales rotation, asset and wealth manager partnerships) to maximize the market opportunity
Execute a consultative sales process to increase adoption of alternatives with existing and new users and deliver world class service to existing platform asset holders
Develop sales proficiency with a curated and diligenced menu of 60+ offerings across private credit, private equity, real estate, and hedge funds
Champion local markets launch plans for new funds on the platform
In-market travel to regularly meet with advisors, centers of influence, and clients
Requirements:
10+ years of experience in the alternative investment industry in a client facing capacity (e.g. external wholesaler, capital raising specialist, client portfolio manager, product specialist)
Expertise in RIA, Independent BD or Bank distribution segments
Demonstrated success building a region, using data and CRM to inform decisions, and implementation of a well-defined sales process
Able to sell and provide post sale support for a world-class platform of hedge funds, private equity, private credit, and real estate offerings
Series 7 and 63 licenses are required
Series 24 license is preferred or must obtain within 90 days of start date
CAIA certified or obtain within three years of hire
Nice to have:
Series 24 license is preferred
CAIA certified
What we offer:
Equity for all full-time employees
Annual performance bonus
Employer matched retirement plan
Generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling