Spgi

Commercial Manager, New Business – Financial Services

In short

Commercial Manager role at S&P Global Energy focused on new business development within Financial Services, responsible for identifying new client relationships and driving subscription revenue growth. The job requires 5+ years of sales/commercial experience, strong consultative selling and negotiation skills, and the ability to travel at least 25% of the time. Right to work in the US is required, with a base salary range of $95,000-$130,000 plus annual incentive plan.

About the Role
The Role: Commercial Manager, New Business – Financial Services
In this role as a Commercial Manager within S&P Global Energy, you will be responsible for developing new client relationships and driving net sales growth across key markets and client segments within the Financial Services industry. Your primary focus will be on identifying new business opportunities and increasing subscription revenue through new client relationships.
The Impact: Sales professionals are frontline representatives of S&P Global, and the quality of their interactions with the market directly influences our reputation and client relationships. The contracts negotiated by our sales teams not only support the adoption of our products, services, and solutions, but also create opportunities for future growth while appropriately managing commercial risk.
Responsibilities
Consultative Sales, Negotiation and Prospect Engagement
•Manage and execute the end-to-end sales process to meet and exceed revenue targets.
•Employ consultative sales techniques to develop referrals, generate new opportunities, proactively follow up on leads, and maintain a healthy pipeline with strong volume and momentum.
•Identify and engage prospective customer groups, collaborating with Marketing, Product and Sales Specialists to convert opportunities into sales.
•Develop new customer relationships while identifying opportunities to increase subscription value and expand the S&P Global Energy client base.
•Build trusted relationships with new customers by developing a strong understanding of their business priorities, challenges, and requirements.
•Effectively position relevant S&P Global Energy products, services and solutions based on prospects' needs.
Strategy and Planning
•Contribute to the development and execution of the commercial strategy within your designated territory or client segment.
•Regularly review and update prospect-focused sales plans in collaboration with key stakeholders, ensuring alignment with prospect needs and the broader S&P Global Energy strategy.
•Leverage insights gathered through prospect interactions and collaboration across the business to identify opportunities, enhance prospect value and drive commercial results.
•Maintain awareness of market developments, competitive activity, and evolving prospect requirements to support effective account and territory planning.
Reporting
•Provide regular activity reporting, including relevant feedback on prospects and market developments that may impact the business.
•Maintain accurate forecasting against pipeline performance and Annualized Contract Value (ACV).
•Work closely with Commercial leadership and relevant stakeholders to support a robust and consistent sales strategy.
•Ensure that sales opportunities, prospect interactions, pipeline activity, and new customer requirements are captured accurately and in a timely manner in relevant CSM systems.
Compensation/Benefits Information (US Applicants Only)
S&P Global states that the anticipated base salary range for this position is $95,000-$130,000. Final base salary for this role will be based on the individual's geographic location, as well as experience level, skill set, training, licenses, and certifications. In addition to base compensation, this role is eligible for an annual incentive plan. This role is eligible to receive additional S&P Global benefits.
Qualifications
•An S&P Global employee at this level would typically have 5+ years of relevant sales or commercial experience, with a history of achieving or exceeding sales targets. Experience within energy, commodities, financial information, data, analytics, or a related industry is desirable.
•Demonstrated interest in and understanding of global energy and commodities markets.
•Strong consultative selling and negotiation skills, with experience across the full sales cycle, from opportunity identification and needs development through proposal preparation, negotiation, and deal closure.
•Strong prospect relationship management skills with a focus on delivering value and development of long-term commercial partnerships.
•Excellent verbal and written communication and presentation skills, with the ability to distil, interpret and communicate complex information clearly and effectively.
•Experience managing complex or multinational client / prospect relationships is desirable.
•Demonstrated experience managing complex commercial or contract negotiations.
•Strong planning and organizational skills, with the ability to prioritize effectively and manage multiple opportunities simultaneously.
•Ability to travel for work at least 25% of the time.
•Comfortable working with relevant CRM, sales, and productivity tools, including systems such as Salesforce, Microsoft Word, Excel, and PowerPoint.
•Ability to collaborate effectively across functions, cultures, and geographies.
Right to Work Requirements: This role is limited to persons with indefinite right to work in the United States.
About S&P Global Energy
At S&P Global Energy, our comprehensive view of global energy and commodities markets enables our customers to make superior decisions and create long-term, sustainable value. Our four core capabilities are: Platts for news and pricing; CERA for research and advisory; Horizons for energy expansion and sustainability solutions; and Events for industry collaboration.
S&P Global Energy is a division of S&P Global (NYSE: SPGI).
Benefits
•Health & Wellness: Health care coverage designed for the mind and body.
•Flexible Downtime: Generous time off helps keep you energized for your time on.
•Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
•Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
•Family Friendly Perks: Perks for partners and children, with some best-in-class benefits for families.
•Beyond the Basics: From retail discounts to referral incentive awards.

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