WEX Inc

Sr. Strategic Sales Manager- Corporate Payments- D.C/MD

WEX Inc$112K — $143K *
US-AnywhereRemote in Virginia, US
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or higher
  • 8-10 years of direct sales experience
  • Proven lead generation and hunting skills
  • Knowledge of B2B payments and virtual payment solutions
  • Strong grasp of financial services and complex sales processes
  • Experience with managing business development for growth
  • Ability to build relationships with various stakeholders

Responsibilities

  • Identify and qualify new business opportunities for virtual B2B payments
  • Employ creative strategies to target and contact suitable companies
  • Manage the complete sales cycle from lead generation to closing deals
  • Communicate market propositions and develop tailored solutions for clients
  • Build strong relationships with multiple stakeholders in prospect organizations
  • Prepare compelling presentations and proposals for new business opportunities
  • Negotiate contracts and provide accurate revenue forecasts

Benefits

  • Health, dental, and vision insurance
  • Retirement savings plan
  • Paid time off
  • Health savings and flexible spending accounts
  • Life and disability insurance
  • Tuition reimbursement
  • Comprehensive benefits to support personal and professional well-being
Full Job Description
About Team/Role

An exciting opportunity has arisen for a Sr. Strategic Sales Manager to join the Corporate Payments Commercial Team. This role will be accountable for developing new direct business opportunities across the Company's Corporate Payments product portfolio in Washington DC, and Maryland. Target opportunities shall include direct to corporate on optimizing B2B payments coming from their AP system and finding new embedded payment verticals for virtual cards.

This is an individual contributor position and is ideal for an experienced, results-orientated individual with a consultative sales approach.

How you will make an impact
  • Identifying/qualifying opportunities with various types of businesses where a virtual can be used to fulfill payment of a B2B transaction.
  • Being creative in your approach to identifying the 'right' target companies and initiating contact with the correct people within that organization.
  • Managing the sales process through the complete sales cycle from lead generation and initial prospect contact through to successful closing of deals and follow up sales activities
  • Effectively communicate WEX's market proposition; accurately interpreting clients' needs or pain points; proposing suitable solutions.
  • Understanding the prospect and their drivers and developing strong client relationships with a matrix of stakeholders within the organization
  • Preparing high quality presentations and proposals for submission to prospects in support of new business pitches and bid opportunities
  • Experienced in contract negotiation
  • Providing timely and accurate revenue forecasting and management information; and reporting on a regular basis as required
  • Working closely with the internal operations teams to optimize the sales process from the first customer contact and to ensure smooth delivery of client services in line with customer expectations
  • Keeping the Salesforce and Account Management systems fully up to date with relevant data

Sr. Strategic Sales Manager positions may be home based with the requirement to travel approximately 30-40% of the time to meet prospects along with regular visits to the company's headquarters based in Portland, Maine.

Experience you will bring
  • Bachelor's degree +
  • Minimum of 8-10 years' of direct sales, account and/or channel management develop experience.
  • Proven record of generating own leads, a hunter mentality.
  • B2B payment experience and Virtual payment industry knowledge a substantial plus
  • Comprehensive understanding of financial services and the complex solution sales process
  • Ability to participate in strategy development and lead attainment of critical objectives
  • Proven track record of managing business development activities to achieve growth targets
  • Successful track record of building and maintaining strong relationships ranging from senior level executives to technical contacts
  • Demonstration of capabilities and skills for building trust, accountability and collaboration among internal and external stakeholders, team player
  • Proven track record of exceeding annual sales quotas
  • Skilled at presenting ideas effectively to individuals or groups, and positioning to meet the objectives of the event or meeting


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. For more information, check out the "About Us" section.

Pay Range: $112,700.00 - $143,000.00

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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