Plaid

Account Executive - Banking and Wealth

Plaid$90K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of quota-carrying new-revenue experience with proven deal closure
  • Strong skills in prospecting, qualifying, and negotiating with a consultative sales approach
  • Experience in developing vertical-specific revenue strategies in the Banking and Wealth sector
  • Ability to communicate complex solutions effectively across all organizational levels in banking
  • Genuine interest in financial services and commitment to fostering strategic relationships
  • Eagerness to thrive in a high-growth setting while building necessary processes and tools
  • Willingness to learn and understand Plaid's APIs and technical offerings

Responsibilities

  • Identify and pursue potential customers within the Banking and Wealth segment
  • Cultivate and sustain lasting relationships with Financial Institutions at all levels
  • Collaborate with sales and marketing teams to implement sales strategies for the segment
  • Identify product gaps in collaboration with Product, SEs, and Account Managers
  • Manage sales pipeline and provide accurate closing probability assessments

Benefits

  • Comprehensive medical, dental, and vision coverage
  • 401(k) retirement plan
  • Potential for additional compensation through equity and commission structures
Full Job Description
Your focus will be on developing & leading large, complex new enterprise deals and building strong, long-lasting relationships with the banks to execute on their vision. Furthermore, you\'ll help shape how we engage, design and build products for the best brands in banking.

Responsibilities:
  • Identify potential customers and run the end-to-end sales process within our Banking and Wealth segment
  • Build and maintain relationships with Financial Institutions, from executives to product teams and developers; be viewed as a subject matter expert
  • Partner with our sales and marketing teams to define and execute our Banking and Wealth segment sales strategy
  • Work with our Product team, SEs and Account Managers to identify gaps in our solutions for Financial Institutions
  • Manage pipeline and accurately reflect the probability of close

Qualifications:
  • Experience (3-5 years of quota-carrying experience) in a new-revenue role and a strong track record of closing deals
  • Strong prospecting, qualifying, and negotiating skills; consultative sales approach with a product-centric mindset
  • Experience working with sales development and deploying a vertical focused revenue strategy; strong preference towards those with prior experience in Banking and Wealth vertical
  • Proven ability to interact and articulate complex solutions to all levels of a banking organization
  • Interest in financial services products and a desire to create strategic relationships that help our customers succeed
  • Excitement to work in a high-growth environment and to help build processes and tools as needed
  • Desire to get (more) technical and the ability to learn the ins and outs of Plaid\'s APIs

Additional compensation in the form(s) of equity and/or commission are dependent on the position offered. Plaid provides a comprehensive benefit plan, including medical, dental, vision, and 401(k). Pay is based on factors such as (but not limited to) scope and responsibilities of the position, candidate\'s work experience and skillset, and location. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

About Plaid

Plaid is a financial services company based in New York City. The company builds a technology platform, which enables applications to connect with users' bank accounts. Plaid focuses on enabling consumers and businesses to interact with their bank accounts, check balances, and make payments through financial technology applications. The company was founded in 2013 by Zach Perret and William Hockey. In January 2020, Visa announced that it would acquire Plaid for $5.3 billion. The acquisition was completed in January 2021.
Learn more about Plaid
Size
600 employees
Industry
Founded
2011

Similar Jobs

More Jobs at Plaid

More Finance & Insurance Jobs

Find similar Account Executive - Banking and Wealth jobs: