Index Derivatives Sales

Nasdaqabout 1 year ago
Philadelphia, Pennsylvania, United States
Hybrid
Full-time
Junior Level (1-3 years)

Job Description

Position Overview

Nasdaq's North American Markets Services Sales group is responsible for its Equities, Options, and Index Options products. The Nasdaq Index Options product suite currently comprises the Nasdaq-100 Index Option (NDX) and the Nasdaq-100 Micro Index Options (XND). We are looking for our next Index Derivatives Salesperson to join our team and help grow institutional and retail participation in this expanding market. This position can be located in New York, Philadelphia or Chicago and offers the opportunity for a hybrid work environment (at least 3 days a week in office, subject to change), providing flexibility and accessibility for qualified candidates.

Key Responsibilities

  • Reviews and leads all aspects of key areas of opportunity in the market. Prioritizes development of sales, retention, and marketing initiatives that support growth of the Nasdaq-100 suite of index options (NDX & XND) – ultimately driving revenue and generating business with new and existing clients.
  • Guides others in executing the business unit's short- and long-term sales strategy; interacts with customers/prospects within own territory.
  • Proactively attends industry events and conferences to build relationships and develop new business opportunities.
  • Conducts regular status and strategy meetings with customers' senior management to understand their needs and align them with organizational product/service strategies.
  • Takes ownership of problem resolution and escalates customer issues when necessary.
  • Drives product implementation and coordinates communication, maintenance, and new development across Nasdaq’s relevant business units.

Required Qualifications

  • Bachelor's degree in business, finance, or marketing/sales.
  • 10+ years of sales experience in the financial markets.

Benefits & Perks

  • Compensation: Base pay range of $140,000 – $180,000, plus a generous annual bonus/commission and equity offerings.
  • Secure Wealth: 401(k) program with 6% employer match, Employee Stock Purchase Program at a 15% discount, student loan repayment program up to $10k, company paid life and disability plans, and generous paid time off.
  • Prioritize Health: Comprehensive medical, dental, and vision coverage, health spending account with employer contribution, paid flex days to support mental wellbeing, and gym membership discounts.
  • Care for Family: Hybrid work schedule, paid parental leave, fertility benefits, and paid bereavement leave.
  • Connect with Community: Employee resource groups, company gift matching program, and paid volunteer days.
  • Grow Career: Education Assistance Program, robust job skills training, and professional development opportunities.

Required Skills

Communication
Financial Markets
Strategic Planning
Relationship Management
Client Acquisition
Sales Strategy
Index Options