Account Executive, San Francisco (Startup Banking)

Rho Technologies

$75K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of full-cycle B2B sales experience, particularly in business banking or credit card products
  • Proven track record selling to SMBs or middle-market companies (revenues $20M+)
  • Strong local market network with experience in cold calling and prospecting
  • Familiar with traditional and non-traditional sales channels
  • Experience in complex sales processes involving C-Suite stakeholders
  • Demonstrated passion for networking and relationship building
  • Outstanding written and verbal communication skills
  • Proficient in Salesforce and LinkedIn Sales Navigator

Responsibilities

  • Generate new business opportunities targeting middle-market businesses through prospecting
  • Build and maintain strong client relationships to maximize retention and identify upsell opportunities
  • Conduct market research to identify trends and develop effective business strategies
  • Collaborate with internal teams to align product offerings with client needs
  • Monitor and analyze sales activities and market trends for competitive insights
  • Ensure a smooth sales cycle and foster long-term client relationships
  • Create persuasive sales presentations and product demonstrations
  • Engage in networking events and industry forums to expand connections and business opportunities

Benefits

  • Equity options in the company
  • Comprehensive healthcare benefits
  • Paid time off to ensure work-life balance
Full Job Description
About the Role

We're looking for an Account Executiveto research, identify, and acquire new clients through self-generated leads and establishing active partnerships on a local and national level. You will work with Rho leaders and team members across the organization to deliver on our mission of making finance frictionless for organizations by promoting and implementing Rho's differentiated technology to mid-market clients.

Responsibilities
  • Generate new business opportunities by identifying and prospecting potential middle-market businesses.
  • Build and maintain strong relationships with existing and prospective clients to maximize account retention and identify upselling or cross-selling opportunities.
  • Conduct market research and analysis to identify industry trends, competitive positioning, and potential target clients for effective business development strategies.
  • Collaborate with internal stakeholders across Product, Client Success, and Sales Development, to educate the team on banking products and align them with the specific needs and preferences of middle-market businesses.
  • Monitor and report on sales activities, market trends, and competitor activities, providing insights and recommendations for continuous improvement and competitive advantage.
  • Foster strong collaboration with internal teams to ensure a smooth and efficient sales cycle from initial client engagement through to deal closure and onboarding new clients, while ensuring client satisfaction and long-term relationship building.
  • Develop and deliver persuasive sales presentations, proposals, and product demonstrations to potential clients, highlighting the value proposition and benefits of the banking products offered.
  • Actively participate in networking events, conferences, and industry forums to expand professional networks, enhance the organization's visibility, and identify new business opportunities.

Qualifications
  • 2+ years of experience as a full-cycle sales professional; B2B sales and experience selling business banking/credit card products
  • B2B sales background with track record of selling to SMBs/Middle-Market (company revenues $20m+)
  • Posses deep local market network; experienced in cold calling and hunting new business
  • Understands how to sell into traditional and non-traditional companies
  • Experience working in complex sales processes involving multiple stakeholders that are part of the C-Suite
  • A passion for networking, building relationships, and being part of a team
  • Excellent written and verbal communication skills
  • Proficient with sales tools including Salesforce and LinkedIn Sales Navigator

Our people are our most valuable asset. The budgeted base salary for this role is $75,000 with an OTE of $115,000. Base salary may vary depending on relevant experience, skills, and business needs. In addition to base pay, Rho offers equity, healthcare benefits and paid time off.

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