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Key Account Executive

Marqeta is seeking a highly motivated Key Account Executive to drive Enterprise business growth while cultivating relationships with Fortune 500 Executives. This role involves deep engagement in B2B and consumer payments, and working collaboratively with multiple internal teams.

Skills

  • Enterprise Sales experience
  • Understanding of the payments ecosystem
  • Financial Acumen
  • Strong problem-solving skills
  • Superior communication skills

Responsibilities

  • Close and launch strategic customers
  • Qualify leads and prioritize customer opportunities
  • Manage a sales process from engagement to contract negotiations
  • Work with Legal team on contracting
  • Understand and communicate Marqeta's technical capabilities

Benefits

  • Multiple health insurance options
  • Flexible time off
  • Retirement savings program
  • Equity in a publicly-traded company
  • Parental Leave
  • Free therapy sessions
To read the complete job description, please click on the ‘Apply’ button
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CEO of Marqeta
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Jason Gardner
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Average salary estimate

$314500 / YEARLY (est.)
min
max
$254000K
$375000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Key Account Executive, Marqeta

Are you ready to join Marqeta as a Key Account Executive and play a key role in transforming the world of payments? At Marqeta, we’re pioneering the way money moves and redefining embedded finance. With our innovative card issuing platform, we're giving leading brands like Block, Cash App, and Walmart the tools to issue cards, authorize transactions, and manage payments efficiently. As a Key Account Executive, you’ll cultivate and manage relationships with Fortune 500 executives who are eager to innovate in B2B and consumer payments. Your role will involve collaborating with various internal teams to craft bespoke solutions for our clients, all while expertly navigating the sales process from initial engagement to contract negotiations. You will dive deep into Marqeta's technology to effectively communicate its unique benefits to both seasoned professionals and newcomers alike. This position is perfect for those who are self-motivated and have a strong background in enterprise sales, particularly in payments or fintech. With your elite problem-solving skills and stellar communication abilities, you’ll help drive our business forward while enjoying the flexibility of working remotely anywhere in the United States. We're excited to see how you will contribute to our mission of unlocking equitable financial access for all. Come be a part of our team and help shape the future with Marqeta!

Frequently Asked Questions (FAQs) for Key Account Executive Role at Marqeta
What are the main responsibilities of a Key Account Executive at Marqeta?

As a Key Account Executive at Marqeta, your primary responsibilities involve cultivating and managing relationships with Fortune 500 executives, working alongside internal stakeholders to provide innovative solutions, and orchestrating the entire sales process from initial engagement to contract execution. You'll be the main point of contact for strategic prospects, assessing their needs, and ensuring alignment with Marqeta's capabilities.

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What qualifications should a candidate have for the Key Account Executive position at Marqeta?

Ideal candidates for the Key Account Executive position at Marqeta should have 10+ years of experience in enterprise sales, particularly within the payments or fintech sectors. A strong understanding of the payments ecosystem, exceptional communication skills, and the ability to manage multiple projects simultaneously are crucial for success in this role.

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How does Marqeta support the professional growth of Key Account Executives?

Marqeta supports professional growth for Key Account Executives through annual development dollars for further education, excellent mentorship opportunities, and a culture that encourages continuous learning and adaptation. Moreover, employees have access to a range of resources such as coaching and external training, helping them thrive in their roles.

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What is the work environment like for a Key Account Executive at Marqeta?

At Marqeta, we embrace a 'Flexible First' work environment, allowing Key Account Executives to choose between remote work or working from our Oakland, CA headquarters. This flexibility ensures that all team members can work from the environment that best suits their productivity and lifestyle while staying connected with the team.

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What type of clients will a Key Account Executive work with at Marqeta?

As a Key Account Executive at Marqeta, you will engage with a diverse array of clients, including large enterprises across various industries such as retail, fintech, and technology. You’ll work with well-known brands and innovative startups that are eager to leverage Marqeta’s platform to enhance their payment solutions.

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Common Interview Questions for Key Account Executive
How do you approach building relationships with key clients as a Key Account Executive?

Building relationships with key clients starts with understanding their unique needs and challenges. I focus on open communication, actively listening to their goals, and aligning my solutions with their objectives. Establishing trust through consistent follow-up and providing valuable insights has always been instrumental in forging successful partnerships.

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Can you walk us through your sales process for a new client?

My sales process for new clients typically involves a thorough discovery phase to understand their pain points, followed by a tailored presentation of Marqeta’s solutions. I maintain frequent communication, guide them through the entire journey, address any concerns, and ensure they see the unique benefits of our platform before moving toward closing the deal.

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What strategies do you use to qualify leads effectively?

I employ a combination of research and targeted questions during initial conversations to qualify leads effectively. Understanding their budget, urgency, and specific needs allows me to prioritize leads that align best with Marqeta’s offerings, ensuring I focus my efforts on the most promising opportunities.

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How do you stay informed about industry trends in fintech?

I stay informed about fintech trends by subscribing to industry publications, attending webinars, and participating in networking events. Engaging with thought leaders on platforms like LinkedIn and staying connected with colleagues ensures I remain at the forefront of emerging trends in the payments ecosystem.

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Describe a successful negotiation you've led in your previous roles.

In my previous role, I successfully negotiated a contract for a key client where I identified potential objections early in the discussions. By preparing alternative solutions and demonstrating Marqeta's unique value, I was able to secure a favorable agreement for both parties, resulting in a long-term partnership.

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What makes you a good fit for the Key Account Executive role at Marqeta?

I believe my extensive experience in enterprise sales, particularly in the fintech space, has equipped me with the skills needed to excel as a Key Account Executive at Marqeta. My passion for technology and ability to communicate effectively with diverse stakeholders enable me to articulate how our solutions can meet their needs and drive value.

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How do you manage your time and prioritize tasks in a fast-paced sales environment?

I prioritize tasks by using a combination of scheduling tools and a clear system for tracking deadlines and deliverables. I focus on high-impact activities that drive results, reevaluating priorities regularly to adapt to changes in the pipeline and ensuring I stay on track to meet my sales goals.

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What role does teamwork play in your sales strategy?

Teamwork plays a pivotal role in my sales strategy. By collaborating with internal teams and sharing insights, we can tailor solutions that meet client needs effectively. I believe in leveraging everyone's strengths, ensuring that we present a united front and enhance the client experience throughout the sales process.

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How do you handle objections from potential clients?

Handling objections requires active listening and empathy. I first make sure I understand the client's concerns fully, then I address them by providing relevant information and reassurances. This technique not only clears doubts but often helps strengthen trust and demonstrates my commitment to their success.

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What excites you about working at Marqeta?

I'm excited about the innovative atmosphere at Marqeta and the opportunity to work with market-leading brands. I admire Marqeta’s commitment to embedded finance and how it is redefining the financial landscape. Being part of a mission-driven company that strives to provide equitable financial access is both inspiring and motivating for me.

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Our mission is to be the global standard for modern card issuing, empowering builders to bring the most innovative products to the world.

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BENEFITS & PERKS
Dental Insurance
Disability Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Vision Insurance
Performance Bonus
Family Medical Leave
Paid Holidays
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$254,000/yr - $375,000/yr
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
April 2, 2025

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