Banc of California

VP, Commercial Cards Sales

Banc of California • $150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in financial services required.
  • 5+ years of commercial card sales or card account management experience.
  • Knowledge of cash conversion cycle and integrated payables.
  • Thorough knowledge of Microsoft Office Suite and Salesforce.
  • Strong leadership skills, self-starter, and deal maker.
  • Exceptional executive skills including strategic thinking and negotiation.
  • Thought leadership in commercial cards and payments.

Responsibilities

  • Build new customer relationships with commercial payments products.
  • Design and implement sales strategies to meet revenue objectives.
  • Train Global Treasury Management officers to identify strategic targets.
  • Manage all phases of the sales cycle from prospecting to implementation.
  • Lead discussions on clients' credit card solution usage.
  • Present complex credit card management strategies to clients.
  • Create business development strategies to grow the portfolio.

Benefits

  • 401k plan with a company match and immediate vesting.
  • Comprehensive insurance options including medical, dental, and vision.
  • Support for adoption, surrogacy, and fertility assistance.
  • Paid vacation days, holidays, and volunteer time off.
  • Tuition reimbursement and leadership development resources.
Full Job Description
THE OPPORTUNITY

As a Vice President, Commercial Cards Sales, you will engage with clients to lead strategic discussions focused on growing the commercial cards portfolio to accelerate the bank's pipeline and revenue realization within the card product suite. You will identify and build new business opportunities, grow card usage for prospective and existing customers, and manage all aspects of the sales process, including prospecting, sales, implementation, and post-implementation follow-up. You will educate customers and deliver solutions that transform their businesses, help create and drive the long-term sales strategy, vision, and roadmap, serve as the bank's subject matter expert in credit card sales, train bankers and internal staff on qualifying new opportunities, and may promote the bank's thought leadership by speaking at industry conferences and client events as appropriate. Performs all duties in accordance with the Company's policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

HOW YOU'LL MAKE A DIFFERENCE

  • Build new customer relationships with the Bank's commercial payments products, including commercial cards, virtual cards, and integrated payables solutions.
  • Design and implement sales strategies to ensure the bank meets its revenue objectives.
  • Work with and train Global Treasury Management officers and Bankers to identify ongoing strategic targets.
  • Manage multiple phases of the sales cycle, including initial contact, identification of client needs, presentations and product demonstrations, negotiation, and implementation.
  • Lead conversations with customers about their existing use of credit card solutions to gain a detailed understanding of capabilities and limitations.
  • Present complex ideas and solutions for effectively managing credit card acceptance, disbursement strategies, and product and strategy implementation.
  • Create and manage comprehensive business development strategies to grow the portfolio and maintain strong relationships with clients.
  • Manage multiple and complex engagements at the same time.
  • Maintain broad and technical product knowledge, including competitor product information across banks and fintechs.
  • Develop strategy around supplier enablement campaigns and how to implement them for customers.
  • Develop compatible options for methods of connectivity and integration with credit cards, including API, file-based processes, mobile, and online banking channels.
  • Partner with product and application development teams on product enhancements and development, as well as ROI models.
  • Follow all established policies and procedures.
  • Perform other duties and projects as assigned.


WHAT YOU'LL BRING

  • 7+ years of experience in financial services required.
  • 5+ years of commercial card sales or card account management experience.
  • Knowledge of the cash conversion cycle, invoice management, corporate travel and expense management, and integrated payables.
  • Thorough knowledge of Microsoft Office Suite, including Excel, Word, PowerPoint, and Visio.
  • Experience with Salesforce.
  • Strong leadership skills and ability to be a go-getter, self-starter, and deal maker.
  • Excellent executive skill set, including strategic thinking, negotiation, time management, organizational, and influencing skills.
  • Superior written and verbal communication skills, with experience presenting to C-level leadership.
  • Thought leadership within the commercial cards and payments community.
  • Ability to work independently and with all levels of the organization to facilitate the negotiation of critical technology matters on behalf of the client relationship team.
  • Experience leading cross-functional teams to deliver products and projects on deadlines.
  • Obsession with the customer experience and courage to challenge the status quo.
  • Bachelor's degree preferred.
  • MBA, Certified Treasury Professional (CTP).
  • 2+ years of management experience preferred.
  • High school diploma or equivalent required.


HOW WE'LL SUPPORT YOU

  • Financial Security: You will be eligible to participate in the company's 401k plan which includes a company match and immediate vesting.
  • Health & Well-Being: We offer comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA).
  • Building & Supporting Your Family: Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.
  • Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off.
  • Career Growth Opportunities: To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.


The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.

About Banc of California

Banc of California, Inc. is a bank holding company headquartered in Santa Ana, California. The company provides banking services to individuals and businesses throughout California. Banc of California operates through its subsidiary, Banc of California, N.A., which has over 30 branches throughout the state. The bank offers a range of deposit products, including checking, savings, and money market accounts, as well as various loan products, such as commercial and industrial loans, commercial real estate loans, and residential mortgage loans. Banc of California was founded in 1941 and went public in 2013.
Learn more about Banc of California
Size
673 employees
Market Cap
$921.4 million
Industry
Net Income
$12.5 million
Founded
1941
5 Year Trend
-4.6%
NASDAQ

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