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Kraken Institutional - Sales Manager (UK - London)

Building the Future of Crypto 

Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology.

What makes us different?

Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.

Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission. We also expect candidates to familiarize themselves with the Kraken app. Learn how to create a Kraken account here.

As a fully remote company, we have Krakenites in 70+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed to industry-leading security, crypto education, and world-class client support through our products like Kraken Pro, Desktop, Wallet, and Kraken Futures.

Become a Krakenite and build the future of crypto!

Proof of work

The team

At Kraken Digital Asset Exchange, our Institutional Sales team is laser-focused on accelerating the global adoption of crypto among large-scale clients like hedge funds, asset managers, family offices, and high-net-worth individuals. This team is at the forefront, demonstrating to major institutions how crypto can transform their business by introducing them to our comprehensive suite of offerings, including spot, futures, custody, staking, and credit.

Our mission is to create immense value for our clients, exceeding their expectations by obsessively addressing their unique needs with tailored solutions that align with their investment strategies and goals. 

This team has played a pivotal role in bringing us closer to our mission every day and has achieved outstanding results. Now, as we scale our operations, we are looking to grow the team by hiring the most talented sales professionals on the planet who are curious and passionate about the mainstream adoption of cryptocurrency and the technology that underpins it. And that’s where you come in!

We are on the hunt for new Institutional Sales Managers to join our team remotely in the UK! We are seeking highly ambitious and experienced sales professionals to spearhead Kraken’s sales initiatives for our full suite of products and solutions.

The number 1 goal of this role is to grow our client base, generating new revenue through new business and ultimately help our clients succeed. You will identify fresh business opportunities by leveraging various sales strategies, both inbound and outbound. 

Reporting to the Global Head of Institutional Sales, this individual contributor role offers a fantastic opportunity for a motivated senior sales professional eager to shape the future of crypto from a leading position at a top-tier brand.

The opportunity

  • Support the institutional sales effort across the UK, drive client and volume growth for the institutional Kraken product suite.

  • Generate, filter, and pursue client leads, including responding to inbound opportunities and assisting team members in doing the same. 

  • Build trustworthy relationships with our institutional clients to understand their needs and demonstrate how Kraken can generate value for them.

  • Partner up with Marketing, Product, Strategy, and Business Development teams to provide market intelligence, develop new product features and leverage competitive advantages.

  • Participate in industry events and conferences to generate leads and enhance Kraken’s institutional brand presence.

  • Be a Kraken advocate in promoting our full product suite of products, services and company’s value to new and existing clients.

Skills you should HODL

  • Over 5 years of expertise in trading environments and/or traditional finance sales, demonstrating a proven track record of driving sales and expanding business within the institutional sales segment.

  • Preferably, you have experience at a crypto company specializing in financial products for institutional clients. If not, a strong conviction in the future of crypto is highly valued and can be a great complement to your background.

  • Demonstrated ability to understand complex business problems, conduct analysis and identify innovative solutions.

  • Possess comprehensive knowledge of cryptocurrency regulations with a proven ability to navigate and ensure adherence to evolving regulatory frameworks.

  • A robust personal network within the financial services sector, particularly with a focus on institutional and corporate clients.

  • Fearlessness to innovate boldly, move swiftly, and take calculated risks.

  • Passion about the cryptocurrency world and most importantly a learning attitude about new crypto-industry trends.

  • Believe wholeheartedly in the crypto, cypherpunk, libertarian values of Kraken described in our Tentaclements document.

  • Located in the UK (London) with fluency in English, additional language fluency a plus.

#LI-Remote

This job is accepting ongoing applications and there is no application deadline.

Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.

We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgable about crypto!

As an equal opportunity employer, we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws. 

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Average salary estimate

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$70000K
$100000K

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What You Should Know About Kraken Institutional - Sales Manager (UK - London), Kraken

At Kraken, we're not just any crypto company; we're pioneers in a mission to revolutionize the financial industry! As an Institutional Sales Manager based in London, you'll be part of a world-class team that's dedicated to driving the global adoption of cryptocurrency among high-profile clients like hedge funds and family offices. In this role, you'll leverage your expertise in sales and your passion for crypto to identify new business opportunities, build trusted relationships, and showcase how Kraken's comprehensive product suite can provide immense value to our clients. You'll work closely with various internal teams to gather insights and develop innovative solutions that cater to institutional clients' unique needs. Participating in industry events will allow you to promote Kraken’s brand while expanding your network. If you have over 5 years of sales experience in a trading environment or traditional finance, this is your chance to make a significant impact in the crypto world while working remotely from the UK. Join us and help shape the future of finance for a more inclusive tomorrow!

Frequently Asked Questions (FAQs) for Kraken Institutional - Sales Manager (UK - London) Role at Kraken
What are the primary responsibilities of an Institutional Sales Manager at Kraken?

As an Institutional Sales Manager at Kraken, your main responsibilities will include driving client and volume growth for our institutional product suite, generating and filtering client leads, fostering relationships with institutional clients, collaborating with multiple internal teams, and participating in industry events to enhance Kraken's presence. Your focus will be on identifying new business opportunities and ensuring that clients realize the unique value that Kraken offers.

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What qualifications are required for the Institutional Sales Manager role at Kraken?

To succeed as an Institutional Sales Manager at Kraken, candidates should have over 5 years of experience in sales within trading environments or traditional finance. Ideally, experience in cryptocurrency and a strong conviction in its future are invaluable. Candidates should possess a robust personal network in the financial services sector and demonstrate a deep understanding of cryptocurrency regulations.

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What skills should candidates possess for the Institutional Sales Manager position at Kraken?

Candidates for the Institutional Sales Manager position at Kraken should hold skills such as innovative problem-solving, strong analytical capabilities, and a thorough understanding of market dynamics. Passion for cryptocurrency, a willingness to learn about new trends, and the ability to take calculated risks are also essential to excel in this role.

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How can an Institutional Sales Manager at Kraken promote the company's products?

An Institutional Sales Manager at Kraken promotes the company's products by advocating for the full suite of offerings tailored to institutional clients. This includes highlighting Kraken's extensive services, engaging in direct dialogues with clients, and showcasing case studies illustrating success stories. Networking at industry events and leveraging social media also play crucial roles in raising Kraken’s profile in institutional markets.

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What opportunities for growth exist within the Institutional Sales team at Kraken?

Kraken's Institutional Sales team is growing rapidly, offering numerous opportunities for career advancement. As you succeed in driving new revenue streams and expanding client relationships, you could take on more strategic roles within the team. Additionally, there's the potential for cross-team collaboration, contributing to broader company initiatives that align with your career aspirations.

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Common Interview Questions for Kraken Institutional - Sales Manager (UK - London)
Can you describe your previous sales experience in the institutional finance sector?

When answering this question, share specific examples of your past roles and achievements within institutional finance sales. Highlight how you approached client engagement, the strategies you employed to penetrate the market, and the measurable outcomes you achieved, showcasing your ability to drive growth effectively.

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How do you keep track of cryptocurrency regulations and ensure compliance?

Discuss your strategies for staying informed about evolving cryptocurrency regulations, such as following industry news, participating in webinars, and engaging with regulatory bodies. Emphasize your proactive approach to ensuring compliance within your previous roles and how this can benefit Kraken.

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What strategies do you use to build trust with institutional clients?

Explain your approach to relationship-building with institutional clients, such as being transparent, providing tailored solutions, and maintaining open lines of communication. Share anecdotes that highlight successful long-term partnerships you've developed in the past.

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How do you identify new business opportunities in the institutional crypto space?

Answer this by outlining your methodology for market analysis, including how you utilize data analytics, network referrals, and market trends to discover potential leads. Reference specific tools or strategies you've successfully implemented in prior roles.

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Can you discuss a challenging sales scenario you faced and how you overcame it?

Share a concrete example of a daunting challenge you faced, describing the steps taken to address the issue, the thought process behind those decisions, and the positive outcome that resulted, demonstrating your problem-solving and negotiating skills.

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What are the key metrics you use to measure sales success?

Detail the metrics you rely on to gauge success, such as total revenue generated, client retention rates, or the number of new accounts opened. Discuss how these metrics help you assess your strategies and identify areas for improvement.

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How do you stay motivated in a highly competitive sales environment?

Share your personal motivators, such as setting clear goals, celebrating small wins, and continuously seeking professional development opportunities. Highlight how maintaining a positive attitude and a growth mindset helps you thrive in competitive situations.

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Could you explain your understanding of Kraken's value proposition to institutional clients?

Provide a concise summary of Kraken's key value propositions for institutional clients, including security, customer support, product range, and industry expertise. Discuss how these qualities create an appealing package and position Kraken favorably in the market.

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What do you know about Kraken's culture and how does it align with your values?

Share your insights into Kraken’s mission-driven culture and how its crypto values resonate with your personal beliefs. Discuss specific aspects of the culture, such as transparency, collaboration, or innovation, and how these elements drive your passion for working at Kraken.

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How do you approach collaboration with internal teams to enhance sales efforts?

Describe your collaborative style and the importance of synergy between sales and other teams such as marketing and product development. Provide examples of successful cross-departmental initiatives you participated in and the outcomes they achieved.

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Full-time, remote
DATE POSTED
January 28, 2025

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