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Account Executive IV - Financial Institutions (Texas)

Company Description

Vericast is the financial institution (FI) performance partner. We help banks and credit unions drive growth, improve efficiency, increase engagement and navigate change through the power of data, technology and people. Our advanced analytics, data-driven insights and integrated solution set enable better execution with agility, precision and scale. That’s why thousands of financial institutions look to Vericast and our 150 years of financial services expertise to help them achieve more. For more information, visit http://www.vericast.com or follow Vericast on LinkedIn.

Job Description

*The ideal candidate will reside in Texas (USA).

You will carry your own sales quota within the Major & Strategic Accounts sales team and deliver digital & analog marketing, payments, deposit & loan acquisition, and other engagement solutions to your assigned territory of existing Vericast bank and credit union clients. Based on your quota, you will develop account plans, set solution sales objectives, identify & qualify new sales opportunities, and partner with internal strategists, SMEs, and business analysts to achieve and exceed your sales targets.

Your professional DNA is that of a highly influential advisor with a passion for helping your clients achieve their goals with marketing and growth solutions. You naturally build close relationships with your clients to understand their business drivers and how they relate to broader industry trends. You expertly establish buy-in for your solutions at all organizational levels (frontline marketing & operations professionals, mid-level leaders, and senior executive management).

Vericast is a high growth company with the leading financial institution marketing solutions in our niche markets. Being an Account Executive at Vericast is an exciting and challenging role. This is an ideal position if you have 7-10+ years of successful sales with a focus on building relationships and creating opportunities with new and existing clients.

This position offers you an opportunity to work in a flexible, no-nonsense, and fast-paced environment, enabling and empowering you to grow as a sales professional.

KEY DUTIES & RESPONSIBILITIES

  • Successfully manage multiple concurrent complex sales cycles - $250k - $500k average opportunity value.

  • Manage multiple accounts while seeking new opportunities, deepening existing client relationships, & generating incremental business.

  • Prospect within your existing account territory to identify & qualify new opportunities, determine members of buying group, lead discovery, and demonstrating solutions to prospective clients.

  • Consult with bank & credit union clients on business issues and marketing program design. Ability to understand client needs, negotiate costs and services, and resolve sales or delivery issues.

  • Partner with Strategists & SMEs to develop insightful proposals and deliver strategic sales presentations and Delivery Teams to execute project specifications and deliver quality results to clients.

  • Willingness to travel as needed to meet with clients and prospects. Expected Travel is 50%

Qualifications

EDUCATION

  • Bachelor’s degree in Business or related field (Required)
  • Advanced degree in business or related field (Preferred)

EXPERIENCE

  • 10+ years in a quota carrying sales role; demonstrated consistent over performance.
  • Experience with multi-channel marketing disciplines.
  • Recent solutions sales experience within a bank, credit union, fintech, SaaS, consulting, or other financial services related company; marketing discipline preferred.
  • 1-3 years experience and proficiency required in Marketing, Media, Advertising.
  • Selling through creating a compelling vision or story. Use of data and insights as a selling tool. Prospecting/new business development. Managing client relationships. Selling multiple/integrated product campaigns. Understanding of the client's market and strategic needs to align and recommend the ideal solution.

KNOWLEDGE / SKILLS / ABILITIES

  • Excellent communication (written and verbal) and interpersonal skills. Ability to communicate at all levels within the organization and outside.
  • Ability and willingness to travel.
  • Ability to interpret marketplace needs and translate them into products/services.
  • Adapt easily to change - including the market, products, and internal company initiatives.
  • Deliver formal/high impact presentations - to clients and internally as needed.
  • Display Emotional (EQ) and Cognitive (IQ) Intelligence; the ability to read those around you and appropriately respond intellectually and emotionally.
  • Highly developed client solution selling and targeting skills; needs very little support from management to sell or close business.
  • Innovative, analytical, and strategic thinking.
  • Manage client expectations.
  • Proficient at solution selling and closing opportunities.
  • Show a consistent track record of success in achieving and exceeding annual quota and business goals.
  • Strong skills in: problem resolution, overcoming objections, initiative, conceptual selling, presentation delivery, negotiation, innovation, and managing multiple priorities.

EQUIPMENT / SOFTWARE UTILIZED

  • Proficiency in Microsoft Office and CRM software, with aptitude to learn systems.

DECISION MAKING

  • This position requires a high amount of interpretation of financial information, judgement creativity and/or innovation to solve problems and discover best service/solution/course of action as it relates to the client goals.

Additional Information

Base salary: $116,000-$142,000

Position is eligible for a sales incentive/commission program.

The ultimate compensation offered for the position will depend upon several factors such as skill level, cost of living, experience, and responsibilities.

Vericast offers a generous total rewards benefits package that includes medical, dental and vision coverage, 401K with company match and generous PTO allowance. A wide variety of additional benefits like life insurance, employee assistance and pet insurance are also available, not to mention smart and friendly coworkers!

At Vericast, we don’t just accept differences - we celebrate them, we support them, and we thrive on them for the benefit of our employees, our clients, and our community. As an Equal Opportunity employer, Vericast considers applicants for all positions without regard to race, color, creed, religion, national origin or ancestry, sex, sexual orientation, gender identity, age, disability, genetic information, veteran status, or any other classifications protected by law. Applicants who have disabilities may request that accommodations be made in order to complete the selection process by contacting our Talent Acquisition team at [email protected]. EEO is the law. To review your rights under Equal Employment Opportunity please visit: www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf

#LI-KK1 #LI-REMOTE

Average salary estimate

$129000 / YEARLY (est.)
min
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$116000K
$142000K

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What You Should Know About Account Executive IV - Financial Institutions (Texas), Vericast

Are you ready to take your sales career to the next level with Vericast as an Account Executive IV for Financial Institutions in sunny San Antonio, TX? At Vericast, we pride ourselves on being the go-to performance partner for banks and credit unions, leveraging our 150 years of financial services expertise to fuel growth and navigate change. In this role, you'll have the thrill of carrying your own sales quota, aiming to deliver impactful digital and analog marketing solutions as well as payment and loan acquisition strategies to our valued clients. Your mission? To cultivate strong relationships with existing bank and credit union clients while hunting for new opportunities within your designated territory. With your background in solutions sales, you’ll excel at crafting account plans and presenting tailored marketing strategies that resonate with clients' needs. Excellent communication skills are a must, as is your ability to negotiate with all levels of an organization. Expect a fast-paced, flexible work environment where you’re motivated to excel as part of a growing team. If you have 7-10+ years in a quota-carrying sales role and a knack for building lasting client relationships, Vericast awaits your application!

Frequently Asked Questions (FAQs) for Account Executive IV - Financial Institutions (Texas) Role at Vericast
What are the main responsibilities of an Account Executive IV at Vericast?

As an Account Executive IV at Vericast, your key responsibilities include managing multiple sales cycles, identifying new sales opportunities within existing accounts, consulting with bank and credit union clients on marketing strategies, and delivering compelling sales presentations tailored to each client’s needs. Your role will also involve collaborating with internal strategists and subject matter experts to develop insightful proposals, ensuring you meet and exceed your sales targets while fostering strong client relationships.

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What qualifications are needed for the Account Executive IV position at Vericast?

To qualify for the Account Executive IV role at Vericast, you should possess a Bachelor’s degree in Business or a related field, along with 10+ years of experience in a quota-carrying sales role. Demonstrable success in sales, especially within financial services and multi-channel marketing disciplines, is essential. Experience in marketing, media, or advertising is preferred, and strong communication and relationship-building skills are critical for success in this position.

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What is the expected travel for an Account Executive IV at Vericast?

In the Account Executive IV position at Vericast, you can expect to travel up to 50% of the time. This travel will primarily be to meet with clients and prospects within your account territory, helping to deepen relationships and drive sales opportunities. Flexibility and willingness to meet clients in person are key aspects of this role as it fosters stronger connections and ensures a tailored approach to each client's unique needs.

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How does Vericast support ongoing professional development for Account Executives?

At Vericast, we believe in empowering our employees to grow as sales professionals. As an Account Executive IV, you'll have access to a dynamic work environment that encourages learning and development through collaboration with experienced colleagues, training programs, and opportunities to present your ideas. With a focus on data-driven insights and innovative solutions, you'll always have the resources you need to excel in your career.

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What type of culture does Vericast promote for its Account Executives?

Vericast fosters a culture that celebrates diversity and encourages collaboration among colleagues. As an Account Executive IV, you will thrive in a flexible and friendly atmosphere where innovation is valued, and each employee's unique ideas contribute to the collective success. The company is committed to supporting its employees, ensuring a healthy work-life balance, and offering a generous benefits package that underscores our commitment to employee well-being.

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Common Interview Questions for Account Executive IV - Financial Institutions (Texas)
Can you describe your experience with multi-channel marketing disciplines?

In preparing for this question, think of specific campaigns where you utilized varied marketing channels to achieve results. Share how you approached integrating different mediums or platforms, the challenges you faced, and how you measured success. Highlight any metrics or outcomes demonstrating your effectiveness in multi-channel marketing as this shows your capacity to navigate complex sales cycles.

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How do you prioritize and manage multiple accounts as an Account Executive?

When addressing this, explain your approach to time management and prioritization. Discuss methodologies you might use, such as categorizing accounts by potential revenue, engagement level, or urgency. Share specific examples from past experiences where your organizational skills led to successful outcomes, demonstrating your ability to juggle several clients while still delivering exceptional service.

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How do you build relationships with clients in the financial sector?

In your answer, emphasize the importance of understanding clients' needs and challenges. Talk about how you actively listen, seek feedback, and tailor your communications to align with their specific business goals. Provide examples of strategies you've used, such as setting regular check-ins or becoming a trusted advisor by not only selling but also providing valuable insights about the industry.

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What steps do you take to identify and qualify new sales opportunities?

Detail your process for identifying new leads, which may involve market research, networking, or leveraging CRM tools. Explain how you qualify those leads, such as by assessing their need for your solutions, budget, and decision-making authority. Providing a structured framework you follow will help demonstrate your strategic approach to sales and your commitment to efficiency.

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How do you adapt your sales strategies based on client feedback?

Clients value adaptability, so highlight your ability to iterate on your sales approach based on feedback. Discuss a situation where you modified your proposal or strategy in response to a client's needs. By showcasing your capability of adjusting tactics, you illustrate your customer-centric mindset and dedication to their success.

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Can you give an example of a successful sales presentation you've delivered?

Prepare to walk through a specific presentation: what was the objective, who was your audience, and what strategies did you employ to engage them? Focus on how you tailored the content to address your audience's specific points of interest and conclude with the positive outcomes resulting from your presentation.

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What do you consider when negotiating costs and services with clients?

Discuss your approach to negotiation, including how you assess the client's needs while maintaining profitability for your company. Explain any principles you apply to create win-win scenarios, such as understanding the value of your service, offering tiered pricing options, or being transparent about pricing changes. This response reveals your market knowledge and negotiation skills.

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What tools and technologies do you leverage in your day-to-day sales activities?

Mention any CRM systems, analytics tools, or marketing platforms you are proficient with. Explain how you leverage technology to track interactions, manage leads, and analyze client data to create impactful presentations. By showcasing your technical skills, you demonstrate your readiness to utilize available resources effectively in your sales role.

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How do you stay up to date with industry trends and the financial services market?

Describe specific sources you rely on for staying informed, whether through industry publications, webinars, networking with peers, or attending relevant conferences. Show your proactive approach to knowledge acquisition and how this information is integrated into your sales strategy to offer clients cutting-edge solutions.

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How would you handle a difficult client situation or objection?

Share a real-life scenario where you faced a tough client or objection and how your actions led to a resolution. Emphasize your use of active listening, empathy, and problem-solving skills to navigate the situation. This not only showcases your ability to handle adversity but also your commitment to building long-lasting client relationships.

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Vericast, previously known as Harland Clarke Holdings, is a premier marketing solutions company that accelerates profitable revenue growth for the 70,000 businesses it serves directly by influencing c...onsumer purchasing and transaction behavior ...

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DATE POSTED
March 17, 2025

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