Managing Director National (Key) Accounts

ProFunds Group, located in Bethesda, MD just outside Washington D.C., is the largest manager of short and leveraged funds with almost $35 billion in assets under management. We have experienced explosive growth creating many opportunities across our organization for financial services professionals interested in an innovative company that challenges the status quo and demands success.

Since 1997, ProFunds has provided mutual fund investors with funds designed to magnify daily index performance and funds designed to go up when markets go down.

Launched in 2006, ProShares are first-of-their kind ETFs that let investors get short and leveraged exposure as simply as buying a stock.

ProShares had the most successful first year of any ETF company in history, for 2008 doubling assets and leading ETF providers in attracting assets to newly launched exchange-traded products. Up almost $10 billion in assets in 2009, we became the nation’s fourth-largest ETF provider.

We have an outstanding opportunity for a Managing Director National Accounts. This position is responsible for providing strategic leadership and guidance for the distribution efforts at ProFund Advisors LLC within the supermarket, insurance, and broker/dealer channels.

1. Develop business plans for each partner; prioritize partner relationships, individual and department goals, performance metrics, performance plans, compensation plans, and reporting mechanisms to facilitate department goals.
2. Identify and develop new business opportunities and relationships, with the objective of closing new selling agreements.
3. Facilitate new processes, tools, communications, training and methodologies to ensure sales program's success across teams and departments throughout the company.
4. Collaborate and coordinate Distribution team efforts with marketing, legal, portfolio, management, internal systems, product management and teams to facilitate identifying viability and implementation of new business opportunities
5. Facilitate programs to gather requirements and features from customers and their communities to augment sales, marketing, development, support, product management, and business partnerships.
6. Identify revenue programs and facilitate finance, legal and sales practices.
7. Review resource planning, reporting, territories, incentives and communications for the distribution team to ensure alignment with department and company goals.
8. Ensure reporting and communications is frequent and bi-directional.

Education and Experience:

1.BA/BS degree or equivalent experience and appropriate NASD licenses required.

2.Demonstrated record of successfully developing and implementing business plans and strategies, performance plans, and reporting methodologies.

3.Demonstrated record of successful business development and client relationships in the financial professional channel.

4.Demonstrated people-oriented management experience, leading a team of people, and a minimum of 10 years overall business experience and at least five years within the mutual fund industry.

5.Possess in-depth understanding of the industry, financial concepts, product knowledge, investment management, and client-service strategies

6.Understand the needs of partners in order to identify “critical” services they must have, competitive services they expect to have and additional services they would like to have.

7.Excellent written and oral communication and presentation skills.

To learn more about one of the most innovative companies in the mutual fund industry, visit our website at www.profunds.com or www.proshares.com. Please send a resume and cover letter to careers@profunds.com and include “Director National Accounts" in the subject line.