Business Development Specialist

4 days ago


Riyad Al Khabra, Saudi Arabia NCAA (National Collegiate Athletic Association) Full time

We are seeking a highly motivated Business Development Specialist to join our team at State Street. This role will be responsible for driving the execution of Global Services sales strategy within a target territory.

The ideal candidate will have a proven track record of sourcing new clients and closing deals that generate new revenue for the company. As a part of our sales team, this individual should have a strong understanding of industry trends and product experience to target new prospects in mutual fund managers and/or investment managers as well as Alternative and Insurance sectors of the market.

This is a new business sales role, requiring the candidate to research opportunities, initiate discussions, build and cultivate prospect relationships, manage sales process, and close deals that generate new revenue for the company across State Street's full breadth of services and solutions.

Key responsibilities include:

  • Penetrate new prospect organizations to introduce State Street, convey our value, and generate opportunities to grow business; cultivate new senior relationships.
  • Lead sales process from prospecting through close, including lead generation, prospect qualification, RFP completion, and client demonstrations/meetings.
  • Successfully partner with a virtual team of executives and subject matter experts through all aspects of a long and detailed sales cycle.
  • Proactively build/drive pipeline volume, accelerate sales cycle, actively manage deals to close.


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