Jobs › Companies › Cadence Design Systems › Sr. Interface IC, IP Sales Executive II

About this Sr. Interface IC, IP Sales Executive II role at Cadence Design Systems

Cadence Design Systems · Onsite · SAN JOSE

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

You will be responsible for building, developing and driving a sales pipeline for our Design IP technology in key accounts across multiple NorAm regions.

Responsibilities include developing and managing a sales pipeline while driving market penetration, adoption and revenue. You will work closely with and manage multi-functional teams including Application Engineers, Business Unit Marketing, Legal, Finance, Cadence executives and the Cadence EDA software sales team to achieve sales targets in the region. 

You will possess a proven track record of selling semiconductor Intellectual Property (IP) technology to organizations spanning small startups to large enterprises. You should have a solid understanding of Memory Interface, Protocol, and Connectivity IP, and how to position 3rd party IP in a highly competitive landscape.  You should also have strong strategic selling experience and success delivering large ($1M+) license deals. 

Role Requirements:

  • Hands on, self-starter who can demonstrate intuitiveness and creativity to drive complex strategic deals
  • Ability to generate, develop, qualify, and drive new business opportunities in the region, including:
    • Pipeline development
    • Opportunity management
    • Manage contract negotiations (business and legal) with customers and Cadence functional teams
    • Meet/Exceed quarterly and annual revenue targets
  • Ability to articulate value propositions of Design IP products to executive management, marketing, architects, engineering teams within a customer’s organization.
  • Manage technical and marketing teams to develop and execute strategies for proliferation of the technology in the region
  • Provide market and account feedback to the Design IP Business Unit to drive product roadmaps and strategies.
  • Track activities and provide reports to management, BU and executive personnel on account strategies activities and progress
  • Develop and execute against strategic sales plans

Key Qualifications:

  • Minimum 5 years in licensing of Semiconductor IP technology
  • BSEE or equivalent (MBA a plus)
  • Strong background in technology
  • Experience working with small start-ups to large enterprise accounts driving complex, differentiated technology
  • Passion to develop and apply strategic selling skills

The annual salary range for California is $248,000 to $372,000. You may also be eligible to receive incentive compensation: bonus, equity, and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the salary range is a guideline and compensation may vary based on factors such as qualifications, skill level, competencies and work location. Our benefits programs include paid vacation and paid holidays, 401(k) plan with employer match, employee stock purchase plan, a variety of medical, dental and vision plan options, and more.

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How this Sales salary compares

This role pays $310,000/yr — above the typical range for Sales roles.

$54,995 median $96,300 $219,075

Typical range $75,000–$158,713/yr, from 61 comparable Sales listings on JobsRadar (pay annualized to USD). See Sales salary insights →

About Cadence Design Systems

Additional Jobs Equal Employment Opportunity Policy: Cadence is committed to equal employment opportunity throughout all levels of the organization. Read the policy(opens in a new tab) We welcome your interest in the company and want to make sure our job site is accessible to all. If you experience difficulty using this site or to request a reasonable accommodation, please contact [email protected] . Privacy Policy: Job Applicant If you are a job seeker creating a profile using our careers website, please see the privacy policy(opens in a new tab) . E-Verify Cadence participates in the E-Verify program in certain U.S. locations as required by law. Download More Information on E-Verify (64

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