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 sales experience with a proven closing track record
  • Strong skills in prospecting, qualifying, and negotiating with a consultative approach
  • Experience in a vertical-focused revenue strategy, especially in Banking and Wealth
  • Ability to articulate complex solutions within banking organizations at all levels
  • Interest in financial services and creating lasting strategic relationships
  • Excitement for high-growth environments and building necessary processes
  • Willingness to learn technical aspects, particularly Plaid's APIs

Responsibilities

  • Identify and drive the end-to-end sales process for the Banking and Wealth segment
  • Develop and sustain relationships with financial institutions from executives to developers
  • Collaborate with sales and marketing to define the banking sales strategy
  • Coordinate with product teams to address solution gaps for financial institutions
  • Manage sales pipeline with accurate closure probability assessments

Benefits

  • Comprehensive medical, dental, and vision insurance
  • 401(k) plan support
  • Equity and commission opportunities for additional compensation
  • Focus on building a diverse and equitable financial ecosystem
  • Encouragement of unique qualifications and lived experiences in applicants
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

Our mission at Plaid is to unlock financial freedom for everyone. To support that mission, we seek to build a diverse team of driven individuals who care deeply about making the financial ecosystem more equitable. We recognize that strong qualifications can come from both prior work experiences and lived experiences. We encourage you to apply to a role even if your experience doesn\'t fully match the job description. We are always looking for team members that will bring something unique to Plaid!

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

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