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Business Development Director

Company Description

The Vertex Companies, LLC (VERTEX) is a leading $150 million professional services firm that provides forensic consulting, construction project advisory, and compliance and regulatory consulting to law firms, real estate owners, property managers, public agencies, and commercial clients. We offer professional services in three main practices: Claims, Disputes & Forensics, Compliance & Regulatory and Construction Project Services.

Job Description

We are looking for a highly motivated and well connected Business Development Director with a proven track record in generating new sales in one or more of our practice areas. This role is centered on identifying and closing new business opportunities for our professional services offerings. The successful candidate will focus on prospecting, lead generation, and converting leads into long-term client relationships. You will play a key role in driving new revenue streams, with a sharp focus on building a robust sales pipeline.

Key Responsibilities:

  • New Client Acquisition:
    • Identify and target potential clients in need of our professional services through proactive outreach and research.
    • Develop and maintain a steady pipeline of new sales opportunities through existing relationships in your network, networking with our existing client base, as well as internal teams and other means, referrals, industry events, cold calling, etc.
    • Generate new leads and nurture them through the sales funnel, focusing on establishing relationships with key decision-makers (C-level, VP-level, etc.).
  • Sales Strategy & Execution:
    • Develop and execute a sales plan with clear goals to meet or exceed sales targets for new business.
    • Prepare and deliver compelling sales pitches, presentations, and proposals that clearly articulate our service value proposition.
    • Negotiate contracts and close deals with new clients, ensuring a smooth handover to the service delivery teams.
  • Market Research & Prospecting:
    • Conduct market research to identify emerging opportunities in the professional services sector and target new industries or regions for expansion.
    • Stay informed about industry trends, competitive landscape, and key players to inform sales tactics and refine targeting strategies.
    • Work with and understand existing practice area leadership and deliver sales based on the strategy of the company and practice areas.
  • Sales Pipeline Management:
    • Maintain a robust CRM system (e.g., Salesforce) to track leads, opportunities, and deal progress, ensuring accurate forecasting and reporting.
    • Monitor and report on sales metrics and progress towards monthly, quarterly and annual new sales goals.
  • Networking & Relationship Building:
    • Build a strong network of contacts and partnerships in relevant industries to generate new business leads.
    • Attend conferences, seminars, and networking events to enhance the company’s visibility and create new sales opportunities.
  • Collaboration & Alignment:
    • Work closely with the marketing team to develop lead generation campaigns and identify content or outreach strategies that drive new sales.
    • Collaborate with internal teams (e.g., consulting, legal, operations) to ensure client needs are met and projects are aligned with client expectations post-sale.

Qualifications

  • Bachelor’s degree in business, sales, marketing, or a related field to our professional services offerings.
  • 10+ years of experience in business development or sales, specifically focused on generating new business in one or more of our professional services practice areas (Claims, Disputes & Forensics, Compliance & Regulatory Services and Construction Project Advisory Services)
  • Strong prospecting skills with a proven ability to develop leads from scratch.
  • Proven ability to collaborate with internal teams to tailor services to client needs and ensure successful project delivery.
  • Ability to partner with cross-functional teams to identify opportunities for new service offerings or market expansion.
  • Excellent communication, presentation, and negotiation skills, with a track record of closing new business deals.
  • Proven ability and internal drive to exceed new sales quotas and grow new client portfolios.
  • Proficient in CRM software (e.g., Salesforce) and familiar with lead management processes.
  • Hunter Mentality: A proactive, results-driven salesperson who thrives in targeting new business and is passionate about closing deals.
  • Self-Starter: Highly motivated and able to work independently, with the ability to manage time effectively and prioritize tasks.
  • Resilient: Persistent and adaptable in the face of challenges or objections, with a strong focus on delivering results.

Additional Information

The target annual base salary for this role for a candidate who meets the qualifications above is 110K - 150K. We also offer a competitive commission structure to motivate success.

All your information will be kept confidential according to EEO guidelines.

VERTEX offers a solid total compensation package including base salary and discretionary bonus plan. We also offer a robust benefits package including, healthcare (with multiple plan options) and dental; Company-paid Life Insurance, Short Term Disability, and Long-Term Disability. We offer a 401k plan with immediate match and vesting, Flex Spending Account, Employee Assistance Program, and other perks.  We provide a generous paid time off plan for eligible employees including 15 days of vacation, 64 hours of sick time, and 9.5 paid holidays (prorated for eligible part-time employees).  Our “Lifetime of Learning” program also offers tuition reimbursement and additional support for pursuing advanced education, to help employees grow their skills and careers.

VERTEX is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

If you require assistance to complete any part of the application process, please contact our Recruiting team at [email protected].

NOTICE TO THIRD PARTY AGENCIES:

Please note that VERTEX does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Fee Agreement, VERTEX will not consider or agree to payment of any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement, VERTEX explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of VERTEX.

Average salary estimate

$130000 / YEARLY (est.)
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$110000K
$150000K

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What You Should Know About Business Development Director, The Vertex Companies, LLC

Are you ready to take your career to the next level? Join The Vertex Companies, LLC (VERTEX) as a Business Development Director in New York, NY! We're a rapidly growing professional services firm specializing in forensic consulting, construction project advisory, and compliance and regulatory consulting. In this role, you will not only identify and close new business opportunities across our key practice areas—Claims, Disputes & Forensics, Compliance & Regulatory, and Construction Project Services—but also build lasting relationships with clients and stakeholders. Your day-to-day will involve prospecting for potential clients, nurturing leads, and driving innovative sales strategies to meet or exceed our ambitious revenue targets. You'll leverage your extensive network, attend industry events, and employ your market research skills to discover new avenues for business growth. Your ability to prepare compelling pitches and negotiate contracts will be essential in closing deals and ensuring a seamless transition to our service teams. With an environment that encourages collaboration and continuous learning, you'll work closely with internal teams and the marketing department to refine our outreach strategies and develop a robust pipeline. If you're a self-starter with a hunter mentality ready to thrive in a dynamic setting, we’d love to hear from you. We offer competitive compensation, including a desirable commission structure, comprehensive benefits, and a commitment to your professional development. Step into a role where your strategic, results-oriented mindset will shine and help our firm reach new heights!

Frequently Asked Questions (FAQs) for Business Development Director Role at The Vertex Companies, LLC
What qualifications do I need to become a Business Development Director at The Vertex Companies?

To be a successful Business Development Director at The Vertex Companies, applicants should have at least a Bachelor's degree in business, sales, marketing, or a related field. Moreover, having over 10 years of experience in business development or sales, specifically in professional services, will greatly enhance your candidacy.

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What is the salary range for a Business Development Director at VERTEX?

The target annual base salary for a Business Development Director at VERTEX ranges from $110K to $150K, accompanied by a competitive commission structure that aligns with our successful sales performance.

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What is the role of a Business Development Director at The Vertex Companies?

The Business Development Director at The Vertex Companies is crucial in driving new business initiatives, focusing on client acquisition, maintaining a robust sales pipeline, and ensuring the successful closing of deals that align with our services in various practices.

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How does VERTEX support the professional growth of a Business Development Director?

VERTEX values continuous learning and offers a 'Lifetime of Learning' program, providing tuition reimbursement and support for pursuing advanced education, which can greatly assist a Business Development Director in enhancing their skills and career growth.

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What is expected regarding networking for the Business Development Director position at VERTEX?

As a Business Development Director at VERTEX, you will be expected to actively network and build strong relationships within the industry. This includes attending conferences, seminars, and relevant networking events to create new business opportunities and enhance the company's visibility.

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Which sales strategies should a Business Development Director at VERTEX utilize?

A Business Development Director at VERTEX should develop tailored sales plans targeted at key decision-makers within potential client organizations. Effective strategies include proactive outreach, leveraging existing relationships, attending industry events, and employing market research for targeted approaches.

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What characteristics make a successful Business Development Director at The Vertex Companies?

Successful candidates for the Business Development Director role at VERTEX typically demonstrate a hunter mentality, excellent communication skills, resilience in overcoming challenges, and a strong ability to close business deals with a variety of clients.

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Common Interview Questions for Business Development Director
What techniques do you use for identifying potential clients as a Business Development Director?

When identifying potential clients, I focus on thorough market research to analyze industry trends and challenges, targeting specific organizations based on their needs. I also utilize my existing network and attend industry networking events to discover new leads.

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Can you describe your experience with sales pipeline management?

My experience in sales pipeline management includes utilizing CRM systems to track leads and opportunities effectively. I maintain detailed records of interactions with potential clients, monitor progress, and adjust strategies to ensure goals are met.

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How do you develop and execute a successful sales plan?

To develop an effective sales plan, I set clear, measurable objectives while analyzing previous sales performance. Then, I create strategies tailored to target industries and roles while continuously adjusting tactics based on market feedback.

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What are your strategies for nurturing leads and converting them into clients?

Nurturing leads involves consistent communication and tailored follow-ups that address prospective clients' specific needs. I employ educational outreach, personalized pitch presentations, and timely responses to inquiries to build trust and move leads through the sales funnel.

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How do you negotiate contracts with new clients?

I approach contract negotiations with an emphasis on creating mutually beneficial solutions. This typically involves understanding the client's priorities, being transparent about our offerings, and being prepared to discuss various terms to find common ground that aligns with both parties' goals.

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What experience do you have with team collaboration in a sales environment?

I have extensive experience collaborating with cross-functional teams, such as marketing and operations, to ensure alignment on client projects. Open communication channels and joint strategy sessions have proven invaluable in delivering on client expectations after successfully closing a deal.

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How do you keep up to date with industry trends and changes?

I stay current with industry trends by subscribing to relevant publications, attending industry conferences, and engaging in professional networks. This enables me to anticipate changes that could impact our business development strategies.

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What is your approach to achieving and exceeding sales targets?

My approach involves setting ambitious but realistic targets and breaking them down into actionable monthly and quarterly goals. I consistently track progress, adjust strategies whenever necessary, and remain proactive about pursuing new opportunities to exceed those targets.

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Describe a challenging sales situation and how you overcame it.

In a previous role, I faced a situation where a major prospect was hesitant to proceed due to budget constraints. I arranged a meeting to understand their concerns fully, then proposed a phased approach to our services that accommodated their budget while still providing value, ultimately leading to a successful sale.

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How would you build a new client relationship from the ground up?

Building a new client relationship starts with thorough research into their business and specific needs. I would initiate contact through personalized outreach, establish trust through consistent communication, and demonstrate our value proposition tailored to meet their unique challenges.

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Founded in 1995 and headquartered in Weymouth, Massachusetts, VERTEX is an AEC firm that delivers integrated Forensic, Engineering, Construction, and Environmental solutions on complex projects that span the globe.

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Full-time, on-site
DATE POSTED
November 29, 2024

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