Open Position: Business Development Lead
About Sphere (Our Sphere, Inc.)
Over 80% of Americans are worried about climate change, but over 99% don’t have the option to make climate-friendly investments via 401(k)s. Sphere is on a mission to get climate-friendly options in every 401(k). For the first time in history, the Department of Labor is expected to give guidance this year that climate risk is financial risk. Sphere offers the first tool built for this moment in time. Our first product, the Sphere 500 Fossil-Free Index Fund, is priced in line with typical index funds at a single expense ratio of 0.07%, to maximize climate impact. It invests in the top 500 US companies by market capitalization, but excludes the ~40 fossil fuel companies in that group. It gives investors a voice for the companies it does invest in by voting its shares using the As You Vote proxy shareholder voting service from the non-profit As You Sow, encouraging climate action via shareholder resolutions. Our future product lineup will include the first climate-friendly target-date offerings as well as actively-managed climate tech funds.
About the position
The Business Development Lead will be the first business development hire at Sphere, establishing and implementing a strategy to grow assets under management (AUM) in Sphere’s current and future products. This person will manage existing Sphere relationships with 401(k) advisors, recordkeepers, and plan sponsors who are interested in climate-friendly investment options, and lead efforts to develop new relationships with 401(k) advisors, recordkeepers, and plan sponsors. The seniority level of the Business Development Lead is flexible.
- 5+ years wholesaler experience401(k) experience
- Comfortable “wearing many hats” in a fast-paced high-growth environment
- Strategic thinker who is comfortable testing theories, learning, and pivoting approaches to better meet customer needs
- Strong relationship-building skills
- Experience growing AUM in newly launched products
- Experience with ESG or values-aligned products
To apply please email a cover letter and resume to firstname.lastname@example.org.Apply now