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Commercial Operations Manager

Alloy is where you belong!

Alloy is a leader in the fraud prevention space. We help some of the most innovative banks and fastest growing fintech companies grow and scale operations by allowing them to find more good customers and onboard them without increasing the risk of fraud. 

Through our values: Be Bold, Get Scrappy, Collaborate, and Celebrate Our Differences, we are creating a workplace where you can grow, thrive, and belong. See how we’ve been continuously recognized and named one of Inc. Magazine’s Best Workplaces, Best Fintech to Work for by American Banker, and Best Place to Work by Built in NYC year after year. 

Check out our investors and read more about us here.

About the team

We’re expanding the Client Success team and looking to add a Commercial Operations Manager to drive the renewal process for our bank, credit union and fintech client base.  The early stage of this role will focus on our small to midsize business renewals, financial related matters and the core function is to maintain the existing client portfolio.  Additionally this individual can develop strategies to utilize the renewal as an opportunity to perform a health check on clients and perform discovery for upsell and cross sell or technical engagement packages.  Working closely with Client Success leadership, Account Executives,Technical Account Management,  Revenue Operations and Finance to stabilize and grow their client portfolio.

What you’ll be doing

  • Engage, renew, and grow our existing client base
  • Proactively contact clients directly to negotiate terms and conditions for renewals
  • Prepare renewal proposals, quotations, and generate documents for signature
  • Continuously learn about our product and competitive landscape 
  • Coordinate with Customer Success Managers and Legal to proactively identify key upcoming renewal discussions
  • Manage all different facets of renewals process & iterate on that process for efficiency over time
  • Forecast trends and suggestions on how those trends can enhance retention rates
  • Refine renewal strategies to proactively engage a client and mitigate churn and contraction
  • Identifying cross-sell, upsell and professional services opportunities and perform discovery prior to handing off to an Account Executive

What we're looking for

  • 5+ years of experience in renewals, business development sales, or client success (account management with an upsell quota)
  • Proven success in managing executive-level relationships with clients or partners
  • Experience working with banks and/or Fintechs a plus
  • Demonstrated track record working in a results-driven role that directly impacted the growth of a business and quota attainment
  • Experience building out renewal processes with empathy and persuasive 
  • Cross functional skills, particularly related to Accounts Receivable, procurement, forecasting, and reporting
  • Experience working with any customer success platforms such as Catalyst, Gainsight, Totango, or Churn Zero as well as legal document generation platforms like Ironclad and Salesforce a plus
  • Experience in automation and workflow efficiency to help streamline and scale the process as we continue to expand our client base.

At Alloy, we strive to attract & retain talent by providing compensation that is competitive with other organizations of our size & stage. We are committed to ensuring each candidate has what they need to be successful in their role with a balanced range of compensation, equity, perks & benefits. We actively share our compensation philosophy with employees, with the goal of fostering open and honest dialogue. Finally, we work to administer our philosophy and drive consistency in order to promote equity and monitor the fairness of each outcome.

The following range is based on the scoped level within the organization and only for highly targeted geographies: base salary range of $124K-150K + 10% variable compensation

Benefits and Perks

  • Unlimited PTO and flexible work policy
  • Employee stock options
  • Medical, dental, vision plans with HSA (monthly employer contribution) and FSA options
  • 401k with 100% match up to 4% of annual employee compensation 
  • Eligible new parents receive 16 weeks of paid parental leave 
  • Home office stipend for new employees
  • Learning & Development annual stipend
  • Well-being benefits include access to OneMedical, Headspace, and more

How to Apply

Apply right here. You've found the application!

Alloy is proud to be an equal opportunity workplace and employer. We’re committed to equal opportunity regardless of race, color, ancestry, religion, gender, gender identity, parental or pregnancy status, national origin, sexual orientation, age, citizenship, marital status, disability, or veteran status.

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Average salary estimate

$137000 / YEARLY (est.)
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$124000K
$150000K

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What You Should Know About Commercial Operations Manager, Alloy

At Alloy, we're excited to welcome a Commercial Operations Manager to our vibrant team in New York City! As a leader in the fraud prevention space, we empower banks and cutting-edge fintech companies to onboard clients while reducing the risks associated with fraud. Embracing our core values of being bold, getting scrappy, collaborating, and celebrating our differences, Alloy offers a thriving workplace recognized repeatedly as one of the best places to work in fintech. In this role, you'll take charge of the renewal process for our valued bank, credit union, and fintech clients, with a focus on small to midsize businesses. You’ll not only maintain client relationships but also have the chance to step into a strategic position by conducting health checks and discovering upsell opportunities. As a Commercial Operations Manager, you will work closely with a fantastic mix of teams, including Client Success leadership and Revenue Operations, to develop tactics that enhance client retention and satisfaction. Your responsibilities will include engaging with clients to negotiate renewal terms, preparing comprehensive proposals, and streamlining processes for maximum efficiency. With your 5+ years of experience and proven ability to foster executive-level relationships, you will drive significant growth while ensuring our clients feel valued and understood. Join us at Alloy, where your contributions will have a direct impact on both our clients' success and the company’s growth trajectory!

Frequently Asked Questions (FAQs) for Commercial Operations Manager Role at Alloy
What does a Commercial Operations Manager do at Alloy?

A Commercial Operations Manager at Alloy plays a crucial role in managing the renewal process for our bank, credit union, and fintech clients. This role focuses on engaging and maintaining relationships with clients to ensure continued business growth. Their responsibilities include preparing proposals, negotiating terms, and identifying upsell opportunities to maximize client satisfaction and retention.

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What qualifications do I need to become a Commercial Operations Manager at Alloy?

To become a Commercial Operations Manager at Alloy, candidates should possess at least 5 years of experience in renewals, business development sales, or account management with a focus on upselling. Experience with banks or fintechs is a plus, along with demonstrated success in managing executive-level client relationships.

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How does Alloy support the growth of its employees in the Commercial Operations Manager role?

Alloy is committed to employee growth, especially for positions like the Commercial Operations Manager. We offer an annual Learning and Development stipend, access to resources for well-being, and a flexible work environment to ensure that our team members continue to thrive both personally and professionally.

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What is the work culture like at Alloy for the Commercial Operations Manager position?

The work culture at Alloy is vibrant, inclusive, and supportive, promoting core values that encourage innovation and collaboration. As a Commercial Operations Manager, you’ll be part of a dynamic team where your voice matters, and where celebrating diverse perspectives is key to our success.

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What tools will I use as a Commercial Operations Manager at Alloy?

As a Commercial Operations Manager at Alloy, you may utilize customer success platforms like Catalyst or Gainsight, along with tools for document generation and legal compliance such as Ironclad and Salesforce to streamline processes and enhance client engagement.

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How does Alloy measure the success of its Commercial Operations Managers?

At Alloy, success in the Commercial Operations Manager role is primarily measured through client retention rates, the efficiency of the renewal process, and the ability to identify upsell opportunities. Regular feedback and performance assessments help align personal and organizational goals.

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What benefits does Alloy offer to its Commercial Operations Managers?

Alloy provides a competitive benefits package for Commercial Operations Managers, including unlimited PTO, stock options, comprehensive health plans, a 401k with matching contributions, paid parental leave, and a stipend for home office needs, ensuring a balanced and fulfilling work environment.

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Common Interview Questions for Commercial Operations Manager
How do you approach client renewals in a role like the Commercial Operations Manager at Alloy?

In this role, I prioritize building strong relationships by proactively engaging clients well before renewal dates. Additionally, I emphasize understanding their current usage and satisfaction to identify potential upselling opportunities, aligning our values with their needs to ensure a smooth renewal process.

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Can you describe a time you improved a client renewal process?

Certainly! In a previous role, I evaluated our client renewal process, identifying bottlenecks that slowed our response time. By implementing a streamlined communication strategy and using automation tools, I reduced renewal time by 30%, which significantly improved client satisfaction rates.

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How do you handle objections during the renewal discussions?

When facing objections during renewal discussions, I listen actively to understand the client’s concerns, address them with empathy, and provide data or solutions that emphasize value - turning objections into opportunities to strengthen our partnership.

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What strategies do you use to identify upsell opportunities during client interactions?

To identify upsell opportunities, I use a consultative approach by asking open-ended questions during our interactions. This allows me to gain insights into their business objectives and challenges, enabling me to suggest relevant products or services that align with their goals.

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Describe your experience with customer success platforms relevant to the Commercial Operations Manager role.

I have hands-on experience with platforms like Gainsight and Churn Zero, where I utilized their analytics features to track client engagement and health scores. This experience helps me proactively address potential churn risks and tailor our approach for individual clients.

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How do you maintain relationships with multiple clients simultaneously?

I leverage a robust CRM system to schedule regular check-ins and track all interactions. This ensures that no client feels neglected while allowing me to prioritize my workload effectively, fostering strong relationships across my portfolio.

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What metrics do you consider essential for tracking renewal success?

Key metrics I consider include renewal rates, customer satisfaction scores, churn rates, and upsell revenue. Monitoring these metrics provides a clear overview of performance and allows for proactive strategies to enhance client retention.

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Can you discuss your experience negotiating contract terms during the renewal process?

In my previous roles, I have negotiated various contract terms by actively listening to client needs and offering flexible solutions, ensuring a win-win outcome. It’s crucial to balance the company's interests with client expectations for positive long-term relationships.

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How do you handle a situation where a client is considering not renewing their contract?

If a client expresses hesitation about renewal, I first seek to understand their reasons thoroughly. By addressing their concerns directly and presenting tailored solutions or incentives that emphasize our commitment to their success, I can often turn around their decision.

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What role does collaboration play in your approach as a Commercial Operations Manager?

Collaboration is vital in my approach. I regularly ensure alignment with sales, customer success, and legal teams to facilitate seamless renewal processes, enhance client experiences, and strategize on approaches that bolster retention and upsell efforts.

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Alloy is the modern analytics and planning software solution for consumer goods brands. We empower these companies, which make the items we use, wear and consume every day, to evaluate, predict, and respond to true demand. Our SaaS platform autom...

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November 27, 2024

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