Undergraduate degree or equivalent experience; advanced credentials like a Master's or CFA preferred.
10+ years in financial services or institutional investment, with a focus on sales and relationship management.
Proven success in developing and closing large, complex institutional investment opportunities.
Established credibility with C-suite and senior institutional decision-makers.
Extensive knowledge of institutional investment markets and retirement plans.
Strong understanding of mutual funds and institutional investment structures.
Exceptional negotiation, presentation, and communication skills.
Ability to lead cross-functional teams and influence stakeholders without direct authority.
Responsibilities
Achieve institutional investment sales goals by developing and closing complex opportunities.
Own strategy and commercial development for assigned strategic accounts, creating multi-year plans.
Develop relationships with senior institutional buyers, aligning Vanguard's capabilities with their needs.
Proactively create new opportunities and build relationships beyond established searches.
Identify opportunities across various institutional asset pools to address client needs.
Lead complex sales processes, including prospecting, RFI/RFP activity, and negotiations.
Coordinate Vanguard resources around strategic accounts for an integrated approach.
Maintain accountability for pipeline quality and forecasting across the portfolio.
Benefits
Opportunity to work in a dynamic and collaborative environment.
Access to professional development and leadership coaching.
Flexible work arrangements, including remote options.
Engagement with a diverse portfolio of high-priority strategic accounts.
Significant travel opportunities across the Western United States.
Full Job Description
Large Market Direct Sales Executive, Investments, West
To drive significant growth in Vanguard's institutional asset base by developing and converting Vanguard's highest-priority strategic relationships and whitespace opportunities.
Owns a defined portfolio of named strategic accounts and serves as the senior investment sales executive responsible for developing those relationships, identifying enterprise-level opportunities, and leading complex investment sales engagements. The portfolio may include large prospective relationships, underpenetrated institutional relationships with significant growth potential, and select large Vanguard recordkeeping relationships with low investment share of wallet.
The role builds senior and executive-level relationships and pursues opportunities across DC, DB, corporate and other institutional assets while coordinating closely with Key Account Consultant Sales, Consultant Relations, Recordkeeping Sales, and other Vanguard partners.
Core Responsibilities:
Achieves significant institutional investment sales goals by originating, developing, and closing complex opportunities across a defined portfolio of Vanguard's highest-priority strategic accounts.
Owns the strategy and commercial development of assigned strategic accounts, establishing multi-year account plans designed to deepen relationships, create new opportunities, and increase Vanguard's institutional share of wallet.
Develops senior and executive-level relationships with sophisticated institutional buyers and decision-makers, identifies their strategic priorities, and positions Vanguard's investment capabilities against complex organizational needs.
Creates new opportunities and develops institutional whitespace, proactively building relationships and demand rather than relying primarily on established searches, RFPs, or inbound opportunities.
Develops broad institutional relationships beyond a single retirement mandate, identifying opportunities across DC, DB, corporate and other institutional asset pools where Vanguard capabilities can address client needs.
Leads complex institutional sales processes, including strategic prospecting, relationship development, RFI/RFP activity, searches, finals and negotiations through decision and implementation.
Orchestrates Vanguard resources around strategic accounts, bringing together investment specialists, Consultant Relations, Key Account Consultant Sales, Recordkeeping Sales, relationship management, and other experts to deliver an integrated Vanguard approach.
Maintains senior-level accountability for pipeline quality, progression and forecasting, including opportunity identification, qualification, next steps, barriers, and conversion strategy across the assigned portfolio.
Provides leadership beyond the individual account portfolio, coaching aligned sales resources, sharing market and competitive intelligence, and helping raise the effectiveness of the broader Investment Sales organization.
Qualifications:
Undergraduate degree or equivalent combination of training and experience. Master's degree, CFA, and/or other relevant advanced professional credentials preferred.
Ten or more years of financial services or institutional investment experience, including substantial demonstrated success in institutional sales, business development or complex strategic relationship management.
Proven record of developing and closing large, complex institutional investment opportunities and establishing new relationships with sophisticated institutional organizations.
Demonstrated success establishing credibility and relationships with C-suite, investment committee and other senior institutional decision-makers.
Extensive knowledge of institutional investment markets, retirement plans, investment products, and the competitive landscape.
Strong understanding of mutual funds, CITs and broader institutional investment structures and capabilities.
Proven ability to originate opportunities and develop business within long-cycle, complex institutional relationships.
Exceptional executive presence, judgment, negotiation, presentation, and communication skills.
Advanced strategic account planning, opportunity management, and commercial execution capabilities.
Proven ability to lead complex cross-functional teams and influence senior stakeholders without direct authority.
Demonstrated leadership capabilities, including the ability to coach and develop other sales professionals.
Series 7 and 63 licenses, or ability to obtain within 60 days.
Special Factors:
Position based on the West Coast - either in Vanguard's Scottsdale, AZ office or based remotely in a major West Coast Metro (i.e. L.A., San Francisco, Seattle, etc.).
Significant travel throughout the Western United States and broader travel as business needs require.
Special Factors
Sponsorship Vanguard is not offering visa sponsorship for this position.
