WEX Inc

Relationship Manager, Americas Corporate Payment Solutions

WEX Inc$81K — $99K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • 5-10 years in relationship management, consultative sales, or similar roles
  • Experience with mid-sized businesses and payment technology
  • Solid understanding of commercial card and payment systems
  • Strong financial acumen and contract negotiation skills
  • Proven ability in flexible problem solving and issue resolution
  • Willingness to travel up to 30% of the time

Responsibilities

  • Manage a portfolio of ~100 commercial partners for WEX's Direct MM
  • Coordinate across teams including leadership, operations, and finance
  • Measure success against financial metrics and project milestones
  • Develop and maintain strong relationships as the client advocate
  • Lead Quarterly Business Reviews with senior partner management
  • Drive process improvements and address operational issues
  • Oversee contract renewals and ensure profitable deal terms

Benefits

  • Health, dental, and vision insurance
  • Retirement savings plan
  • Paid time off
  • Health savings and flexible spending accounts
  • Life and disability insurance
  • Tuition reimbursement
Full Job Description
WEX Inc. is seeking a motivated and results-driven Relationship Manager to collaborate with WEX Corporate Payments Direct Middle Market (Direct MM) customers with the goal to create mutual value, retain and grow significant profitable payments volume. The ideal candidate will function as a junior relationship manager and be accountable for delivering on strategic growth objectives, as well as staying abreast of day-to-day operations. This position will report to the Sr Payments Partnership Manager in WEX Corporate Payments and be an individual contributor working in partnership with other WEX resources and teams supporting our business. This role can work remotely within the US. How you'll make an impact The ideal candidate will have the opportunity to: • Serve as the functional lead for a portfolio of ~100 of WEX's Direct MM commercial partners. This requires complex team coordination, skilled time management and an understanding of all facets of each partners' key stakeholders and business, including processes, technology, and customer relationships. • Work closely with WEX Corporate Payments leadership, account management, managed services, operations, finance, legal, product management, and product solutions. Regular contact with our WEX Direct MM partners is critical, and as such, the Relationship Manager should expect 30% of time spent connecting with portfolio partners. • Be measured based upon predefined accomplishment of milestones, projects, and financial metrics that relate to assigned Direct MM partners within WEX's portfolio. • As the client advocate and relationship owner, establish, develop, maintain and grow existing relationships. • Form key trusted advisor roles with WEX Corporate Payments leadership, operations, product, technology, and finance. • Act as an escalation point for significant issues as they arise, helping to drive timely resolution. • Work closely with internal teams to assist in driving process improvement and resolution of operational issues. • Lead Quarterly Business Reviews with WEX and Middle Market Direct partners' senior management. • Work with leadership and delivery teams to maintain and drive execution of an active roadmap of new value creation concepts/functionality and their associated work plans for implementation. • Mitigate risks and drive opportunities, with respect to relationships and profitability. • Identify and eliminate barriers to the successful delivery of products, services and financial growth. • Manage partner contract renewals and negotiation process to secure deal terms that will facilitate profitable growth from Direct MM partners. • Assist product solutions in the creation of business cases for product design opportunities in partnership with the WEX Corporate Payments Product team. • As the contract and billing owner, understand and validate invoices and contract clauses, assist in pricing model development. • Look for value-add opportunities to share additional WEX services; assist in the sales and implementation process for new embedded partners. Experience you'll Bring: • Bachelor's degree • 5-10 years experience in relationship management, consultative sales, contract negotiations, operations, and/or solution architecture roles. • Relationship management experience, preferably with mid-sized commercial businesses and payment technology companies • Commercial card and Payments knowledge • Demonstrated financial acumen • Excellence in personal effectiveness and credibility with management and partners • Excellence in flexible problem solving, analysis, and issue resolution • Consultative sales • Contract negotiations • Payments product and/or technology experience • Project management experience • Ability to travel up to 30% of the time The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. Pay Range: $81,000.00 - $99,600.00

About WEX Inc

WEX Inc is a provider of corporate payment solutions. The company operates in three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment provides payment and transaction processing services to commercial and government fleets. The Travel and Corporate Solutions segment focuses on providing payment solutions to businesses that have employees who travel for work. The Health and Employee Benefit Solutions segment provides healthcare payment products and software, as well as payroll and HR solutions.
Learn more about WEX Inc
Size
5,600 employees
Market Cap
$6.9 billion
Industry
Net Income
-$243.6 million
Founded
1983
5 Year Trend
+12.8%
Revenue
$1.5 billion
NASDAQ

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