Senior Account Manager

Paymentus

$80K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in online bill payment and money movement
  • Advanced understanding of electronic bill payment industry regulations
  • 3+ years managing institutional/commercial client portfolios
  • Strong oral and written communication skills for diverse audiences
  • Proven negotiation skills for contract renewals and stakeholder influence
  • Experience preparing RFPs, bids, and vendor requirement requests
  • Proficient in financial modeling and understanding client profitability
  • Knowledge of revenue cycle management and diverse industry verticals

Responsibilities

  • Collaborate with leadership to manage a portfolio of 30-40 clients
  • Create account plans to enhance client satisfaction and revenue growth
  • Engage clients through various communication modes, documenting in CRM
  • Act as a customer advocate within the organization to resolve issues
  • Conduct regular client meetings and ensure proactive communication

Benefits

  • Full-time position with standard office environment
  • Travel opportunities up to 35%
  • Career growth potential in a dynamic industry
  • Access to professional development resources as needed
Full Job Description
Summary/Objective

The Paymentus Account Management Team is responsible for the retention, relationship expansion, revenue growth, reference-ability and overall satisfaction of existing Paymentus JPMC clients, through proactive communication, situational analysis, client education and information sharing, strategic planning, results driven up-sell/cross sell activities, issue escalation management, and effective marketing and product promotional campaign development.
Essential Functions/ Responsibilities
  1. Collaborate with the Paymentus Client Operations Leadership Team, to work closely with an assigned portfolio. Number of clients and revenue size of portfolio may vary based upon region/territory, and business need ranging between 30 and 40 clients in total. Most clients will generate up to $500k in annual revenue to Paymentus.
  2. Develop formal account plans and client strategies to maximize client satisfaction and drive increased net revenue flow for each respective client, as well as, Paymentus.
  3. Engage clients via telephone, through face-to-face client meetings, virtual meetings, conference/expo interactions, and through written communication, to ensure on-going proactive communication on a monthly basis or more frequently as requested, which is documented in the corporate CRM solution.
Supervisory Responsibility

This position does not have any supervisory responsibility or direct reports.
Education and Experience
  1. Minimum of 5+ years of direct experience in online bill payment, mobile/digital bill payments, electronic bill presentment and money movement required
  2. Must demonstrate advanced knowledge of online and electronic bill payment industry, fundamental understanding of merchant services and credit card association rules, regulations and compliance standards
  3. Must have 3+ years of experience directly managing a portfolio of institutional and/or commercial clients ("Billers/Merchants"), across multiple industries and business verticals, with a proven track record of consistently meeting or exceeding up-sell/cross-sell production goals and revenue retention targets
  4. Must have advanced oral and written communications skills including the ability to make presentations and deliver messaging on complex and sensitive information for audiences at all levels
  5. Proven ability to effectively negotiate contract renewals with a firm understanding of pricing guidelines, product applicability, and acceptable terms and conditions; must be able to influence stakeholders to ensure that all agreements preserve profitability and mitigate risk to Paymentus
  6. Experience preparing comprehensive Request for Proposals, Request for Bids, Vendor Requirement Requests
  7. Must demonstrate level of self-sufficiency to manage portfolio, drive the client relationship, and lead customer meetings without Paymentus leadership presence
  8. Must demonstrate highly effective time management skills to drive the strategic and operational relationship of a portfolio of up to 40 clients
  9. Must demonstrate proficiency in financial modeling with high level understanding of client profitability
  10. Must have understanding of revenue cycle management and revenue collection
  11. Proven ability to comprehend, document and articulate client requirements and business rules for change requests and/or secondary product implementations
  12. Knowledge of diverse business types, industries/verticals, and economic market, with strong financial acumen; industries may include, but are not limited to: Government, Banking & Financial Services, Insurance, Mortgage Servicing, Utilities, Healthcare, Lending
  13. Act as voice of customer, partnering with internal team members to drive any customer issues/escalations to resolution
  14. Experience selling SAAS and/or cloud-based solutions strongly preferred
  15. Familiarity with Salesforce™ or similar CRM strongly preferred
  16. Familiarity with PCI DSS Compliance, credit/debit card association regulations, and NACHA rules strongly preferred
  17. Professional designations such as CPP, AAP, PMP are strongly preferred, but not required
  18. Familiarity with Microsoft Office Suite required
Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as laptop computers, photocopiers and smartphones.
Physical Demands

Prolonged periods of sitting at a desk and working on a computer. Must be able to lift 15 pounds at times. Must be able to travel.
Position Type/Expected Hours of Work

This is a full-time position. Days and hours of work are Monday through Friday, during normal business hours. Occasional evening and weekend work may be required as job duties demand.
Travel

Travel requirement is up to 35%, however, may be greater or less than during certain periods of the year
Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

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