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Account Executive - Mid-Market - job 1 of 2

This position can be based out of San Francisco or New York.

OVERVIEW

We’re looking for an Account Executive to join our Mid Market sales team. We’ve built an API-first infrastructure platform that enables companies to build products that move money. Our sales are typically highly technical, involving stakeholders across product, engineering, finance, and compliance. 

You will own the relationship with prospects, guiding them through the full sales cycle to happy Modern Treasury Customers. We are looking for someone who is comfortable in a multi-party consultative sales process, engaging with both business and technical conversations across multiple levels of an organization including the CFO, CTO, CPO and COO. 

You may be a good fit for this role if:

  • You have experience in infrastructure, platform, or payment/fintech sales. You’ve orchestrated sales processes with multiple stakeholders, including technical ones.

  • You enjoy developing a deep product understanding and you’d be comfortable articulating how companies can leverage our APIs & webhooks to automate their workflows. 

  • You have proven you can orchestrate, manage and close strategic deals in a dynamic, fast-paced environment. 

  • You have experience partnering closely with a sales engineering team. We typically have a sales engineer on every deal.

  • You have a track record of exceeding quota, building excellent customer rapport, creating substantial pipeline, and becoming a valued advisor to your prospects & customers. For us, each win is not only valuable in producing revenue but also as key learnings for the business.

  • You are intellectually curious and fascinated by innovative businesses, how they grow, and the technology they need to accelerate that growth.

Requirements: 

  • 5+ years of Sales experience in closing deals

  • Ability to understand Modern Treasury’s API and clearly communicate it to both a Technical audience and Finance teams.

  • A track record of success in driving consistent activity, pipeline development and quota achievement

  • Superior verbal and written communication, presentation and relationship management skills

  • Ability to thrive in a fast paced, dynamic environment. We are a startup and need people who are ok doing things outside their traditional job description.

  • BA/BS required

ABOUT MODERN TREASURY

Modern Treasury is the operating system for money movement. Our payment operations platform combines a suite of APIs and dashboards to help companies unlock new payments revenue, strengthen customer experiences, and drive efficiency through their business. Our end-to-end platform moves enterprises forward with faster payments, efficient workflows, full data visibility, and seamless bank integrations.

WEEK BY WEEK

During your first week you will:

  • Meet the team and setup accounts

  • Develop an understanding of the payments landscape

  • Read our favorite industry primers

  • Build an understanding of how we integrate with banks, and how banks and their clients benefit from partnering with Modern Treasury

During your first 4 weeks you will:

  • Build a deep understanding of our brand positioning, sales process, and customer stories

  • Shadow sales calls and listen to pre-recorded sales calls

  • Review proposals and supporting resources you can use during the sales cycle

  • Run your first sales calls

  • Build your pipeline

During your first 12 weeks you will:

  • Independently manage and develop your pipeline

  • Close your first customers

  • Lead and contribute to team projects to develop and improve our sales process

  • Communicate customer needs and requirements to Product and Marketing teams to inform our product roadmap

Modern Treasury is committed to equal employment opportunity and does not discriminate in any employment opportunities or practices based on an individual's race, color, creed, gender (including gender identity and gender expression), religion (all aspects of religious beliefs, observance or practice, including religious dress or grooming practices), marital status, registered domestic partner status, age, national origin or ancestry (including language use restrictions and possession of a driver’s license issued under California Vehicle Code section 12801.9), natural hair, physical or mental disability, political affiliation, medical condition (including cancer or a record or history of cancer, and genetic characteristics), sex (including pregnancy, childbirth, breastfeeding or related medical condition), genetic information, sexual orientation, military and veteran status or any other consideration made unlawful by federal, state, or local laws. It also prohibits unlawful discrimination based on the perception that anyone has any of those characteristics, or is associated with a person who has or is perceived as having any of those characteristics.

Modern Treasury participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.

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Average salary estimate

$100000 / YEARLY (est.)
min
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$80000K
$120000K

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What You Should Know About Account Executive - Mid-Market, Modern Treasury

Are you ready to take your sales career to the next level? Join Modern Treasury as an Account Executive - Mid-Market, where you have the opportunity to work with an innovative infrastructure platform designed to optimize money movement for businesses. We're based in the vibrant city of San Francisco, but we also have roots in New York. As an Account Executive, you'll have the chance to dive into the world of API-first solutions that empower our clients to build efficient products. In this role, you'll take charge of relationships from the ground up, guiding our prospects through the entire sales cycle to create delighted Modern Treasury customers. Engaging with stakeholders ranging from CTOs to CFOs, you’ll be at the forefront of consultative sales, discussing both technical and business elements to find the perfect fit for their needs. If you have experience in fintech, infrastructure, or platform sales, and a passion for understanding and explaining complex technology, then you could be the perfect fit. At Modern Treasury, we value intellectual curiosity, a knack for strategic deal-making, and the ability to thrive in a dynamic startup environment. Your success will not only drive our revenue, it will also contribute to valuable insights that help us innovate further. Join us in our mission to streamline payment operations and transform how businesses manage money!

Frequently Asked Questions (FAQs) for Account Executive - Mid-Market Role at Modern Treasury
What are the key responsibilities for the Account Executive - Mid-Market position at Modern Treasury?

As an Account Executive - Mid-Market at Modern Treasury, your key responsibilities include owning the full sales cycle, engaging with multiple stakeholders such as CFOs and CTOs, conducting technical discussions, and fostering relationships that lead to successful outcomes. You'll also manage strategic deals, partner closely with sales engineering teams, and continuously develop a deep product understanding to articulate how our API technology can benefit clients.

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What qualifications do I need for the Account Executive - Mid-Market role at Modern Treasury?

To excel as an Account Executive - Mid-Market at Modern Treasury, candidates typically require at least 5 years of completed sales experience, preferably in infrastructure, payments, or fintech. A strong ability to communicate technical concepts to both technical and finance stakeholders is essential. Additionally, having a proven track record of meeting and exceeding sales quotas and activity metrics is crucial for success in this role.

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What type of environment can I expect as an Account Executive - Mid-Market at Modern Treasury?

The environment at Modern Treasury is dynamic and fast-paced, characteristic of a startup. Account Executives are encouraged to think outside of the box, take initiative, and step outside their traditional roles to help drive team success. The culture is highly collaborative, focusing on sharing learnings from client interactions to enhance our overall sales strategy.

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How does the sales process work for the Account Executive - Mid-Market role at Modern Treasury?

The sales process for an Account Executive - Mid-Market at Modern Treasury often involves a consultative approach, where you'll engage with both business and technical stakeholders across organizations. This includes shadowing initial sales calls, running your own sales meetings, creating tailored proposals, and leveraging modern technology to showcase how our product can meet the prospects' unique needs.

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What are the growth opportunities for the Account Executive - Mid-Market role at Modern Treasury?

Modern Treasury places a strong emphasis on professional development. As an Account Executive - Mid-Market, you will have opportunities to grow your career by taking ownership of strategic accounts, contributing to team projects that enhance the sales process, and advancing your knowledge in payment technologies and API solutions—all of which can lead to higher positions within the organization or specialized roles.

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Common Interview Questions for Account Executive - Mid-Market
Can you describe your experience in sales management for technical products?

Highlight your track record in managing sales processes with technical products and any specific frameworks or methodologies you've utilized. Discuss how your approach ensures client clarity and builds rapport with technical teams during consultations.

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How do you engage with multiple stakeholders during the sales cycle?

Explain your strategy for stakeholder engagement, including how you identify key players, adapt communication styles to different audiences, and ensure everyone's needs are addressed throughout the sales process.

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What strategies do you use to consistently exceed your sales quotas?

Discuss specific techniques that have worked for you, such as maintaining regular follow-ups, using data to identify opportunities, and innovative approaches to close deals efficiently while ensuring customer satisfaction.

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What is your approach to understanding and presenting technical products?

Share how you prioritize product training, leverage product resources, and perhaps even collaborate with engineering teams to gain insights. Frame your answer around the importance of being able to translate complex information into relatable concepts for clients.

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How do you build relationships with your clients?

Focus on your philosophy about relationship management, including techniques for empathy, regular check-ins, and using personalized communication to foster deep, lasting relationships with clients.

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What are the challenges you've faced in sales, and how have you overcome them?

Reflect on specific challenges related to long sales cycles or technical objections, and detail the actionable steps you took to navigate those situations while achieving positive outcomes.

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How do you stay updated on industry trends and innovations?

Discuss ways you keep your industry knowledge sharp, such as through networking, attending events, reading relevant publications, or taking online courses. Emphasize your commitment to being at the forefront of technological advancements.

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Can you share a successful sales story where you had to adapt your approach?

Relate a story where a flexible strategy or an unexpected insight led to closing a challenging deal. Highlight your problem-solving skills and adaptability to client needs.

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How do you prioritize your sales activities in a dynamic environment?

Explain your prioritization method to manage a pipeline effectively, emphasizing the importance of focusing on high-value prospects and utilizing tools and software to streamline your workflow.

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Describe your collaboration experience with sales engineers.

Illustrate how you've worked hand-in-hand with sales engineers in the past, detailing the ways this collaboration enhanced your sales initiatives and led to successful technical presentations or demos.

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Every day half a million wires and over 60 million ACH payments are sent in the US. And every day, millions of finance and accounting professionals in the US try to make sense of those payments, asking what they were, why they happened, and how to...

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DATE POSTED
December 14, 2024

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