Job Title: VP, Regional Director – New York (excluding Upstate New York)

Reports to (title): Senior VP, Head of Intermediary Distribution

Job Description:

Alger’s Regional Director (RD) will provide field sales coverage within the specified territory to various intermediary channel financial advisors with an emphasis on broker dealer, independent broker dealer and RIA advisors. It is expected that the RD will spend no less than 80% of their time out in the field. The RD will represent Alger in this territory offering our mutual funds, ETFs, separately managed accounts and other products where Alger investment capabilities are embedded.

Channel: Broker/Dealer, Independent Broker/Dealer, RIA

Location: New York (excluding Upstate New York)

Duties & Responsibilities:

Develop new and build upon existing relationships within the territory. The strategy includes developing a firm/branch rotation, implementing business plans around focus firms and identifying business opportunities
Grow Alger’s market share within the territory
Work in conjunction with the Regional Associates to develop a plan to generate greater sales, higher asset levels and improved client service.
Thoroughly communicate and understand Alger’s product philosophy, process, objectives and positioning (The Alger Story)
Adhere to all compliance guidelines including use of pre-approved marketing materials, fund prospectus requirements and proper licensing
Fulfill in a timely manner required administrative/team responsibilities such as CRM/Call reporting, expense reports, conference calls and meetings

Qualifications:

Undergraduate Degree or an equivalent combination of training and experience required
Cumulative GPA of 3.0 or above in a 4.0 scale is required (undergraduate degrees before 2016 will not require a 3.0)
10 or more years of investment and financial services experience preferred
Position requires a FINRA Series 7 and 63 registrations in accordance with Alger’s licensing policy
Proven results and demonstrated sustainable achievement in a financial sales environment
Ability to demonstrate industry and product knowledge by understanding the competition, the client and marketplace
Excellent written and verbal communication skills with internal colleagues and external partners

Skills:

Personal leadership skills, self-motivated ability to work independently in a remote location.
Ability to tell the “Alger Story” clearly
Excellent relationship building and sales skills
Strong organizational skills
Willing to travel up to 80% of the time
Ability to grow, develop and maintain working relationships with advisors.
Create and maintain working relationships with district directors, managers, coordinators, and other key “gate keepers” within the territory.
Administer, on a timely basis, required reports to the appropriate areas including sales plans, call reports, and promotional programs
Developing an annual sales and marketing business plan.
Experience with CRM system is required, Salesforce preferred

Salary Expectations: $125,000 base salary + commissions and discretionary bonus per performance

Note: This job description should not be construed to imply that these requirements are the exclusive standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as may be required. The employer has the right to revise this job description at any time. This job description is not to be construed as a contract for employment.