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Growth Executive (NYC)

About Narmi:

Narmi exists to enable community financial institutions (FIs) to win against Mega Banks and FinTechs. By providing one unified platform where FI's can manage the end-to-end customer journey, Narmi securely drives primacy, customer growth, and efficiency. We unlock the very latest solutions in account opening and digital banking to allow our customers to reach their goals. Since our founding, Narmi has moved billions of dollars and opened hundreds of thousands of accounts for banks and credit unions across the US. As a result, our customers have seen meaningful increases in deposits, revenues, and satisfaction. In fact, one of the first financial institutions to leverage Narmi was recognized by Bankrate and NerdWallet for providing the #1 digital experience for a bank or credit union in the US.


About the Growth Team:

The Growth team leads the charge in growing the number of financial institutions Narmi serves, as well as building confidence with prospects in Narmi's solution.  The Growth team is composed of Sales Development Representatives, Growth Executives, Directors of Growth, and Sales Engineers who are all focused on growing the adoption of Narmi's platform across the financial institution market.


As a Growth Executive, you will convey the value, and ultimately sell the Narmi One solution. Narmi One is our highly differentiated and integrated banking technology platform spanning multiple end-solutions.


As someone focused on Narmi One, you will be empowered to sell any combination of the Narmi One solution. Additionally, over time, you will lead upsell initiatives to grow a financial institution’s relationship with Narmi. In short, you will have the ability to lead digital transformation for hundreds of financial institutions across multiple product lines.


What you'll do:
  • Drive revenue by developing strategic and consultative relationships with C-level executives while managing all aspects of the sales process
  • Generate qualified demos and opportunities via outbound phone and email
  • Develop a strong understanding of the Narmi Platform and its key differentiators
  • Collaborate with Marketing to execute strategy to reach 11,500+ regional and community financial institutions
  • Update and leverage CRM to better track our potential customers


What you'll bring:
  • 4-6 years of quota-carrying direct selling of enterprise SaaS software or experience selling and interacting with financial institutions
  • A track record of building a sales pipeline, strong prospecting skills, successfully negotiating and closing 6 figure ARR contracts
  • Demonstrable relationships with C-Suite stakeholders, preferably at community financial institutions
  • Understanding and proven success of how to convey the value of a platform solution
  • An ability to learn and apply complex, industry specific concepts
  • Prior experience of working with cross-functional teams (sales engineers, SDRs, product, design, marketing) through large deal close processes
  • The motivation, competitiveness and drive to exceed annual quotas selling highly complex SaaS solutions
  • An eagerness to learn and grow within a sales organization
  • Excellent verbal and written communication skills


The expected annual base salary for this role is $85,000 - $130,000. Base salary is only part of your total compensation. In addition to base salary, you will receive an equity option grant, and are eligible for performance-based cash and equity bonuses. Compensation included in an offer will be commensurate with the candidate’s skills, experience and geographic location. Compensation ranges for candidates located outside of New York City may differ. You will also receive a full benefits package.


We believe that high-performing teams include people from different backgrounds and experiences who can challenge each other's assumptions with fresh perspectives. To that end, we actively seek a diverse pool of applicants, including those from historically marginalized groups.


Please note that all correspondence related to this role will come directly from Narmi (email addresses ending in @narmi.com or @narmitech.com), and not a third party. If you receive correspondence from an individual claiming to represent Narmi please let us know immediately at security@narmi.com.

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CEO of Narmi
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Nikhil Lakhanpal and Chris Griffin
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Average salary estimate

$107500 / YEARLY (est.)
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$85000K
$130000K

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What You Should Know About Growth Executive (NYC), Narmi

At Narmi, our mission is clear: empower community financial institutions to outshine the mega banks and fintechs. We’ve created a unified platform that helps these institutions manage the entire customer journey, leading to secure growth and increased customer satisfaction. As a Growth Executive in New York City, you’ll be at the forefront of this mission, showcasing the revolutionary Narmi One solution. This role isn’t just about selling; it’s about building meaningful relationships with C-level executives at financial institutions, understanding their needs, and helping them realize the potential of digital transformation. You’ll leverage your 4-6 years of experience in enterprise SaaS sales to drive revenue, generate qualified demos, and foster partnerships that enhance our platform’s adoption. Plus, with a collaborative Growth team beside you, you’ll execute strategies that connect us with over 11,500 regional and community FIs. As you dive into the nuances of the Narmi Platform, you’ll lead upsell initiatives and become a trusted adviser to our clients. With competitive compensation, including an equity option grant and a comprehensive benefits package, Narmi values your contributions and is committed to your professional growth. This is your chance to make a significant impact in the fintech world—come be part of our journey to reshape banking for the better!

Frequently Asked Questions (FAQs) for Growth Executive (NYC) Role at Narmi
What are the key responsibilities of a Growth Executive at Narmi?

As a Growth Executive at Narmi, your primary responsibilities include developing strategic relationships with C-level executives, managing the sales process from initiation to close, generating qualified demos through outbound efforts, and collaborating with the marketing team to reach over 11,500 financial institutions. Furthermore, you will be instrumental in upselling initiatives, enhancing client relationships, and leveraging CRM tools to track potential customers effectively.

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What qualifications do I need to apply for the Growth Executive position at Narmi?

To qualify for the Growth Executive role at Narmi, you should have 4-6 years of direct sales experience in the enterprise SaaS space, particularly with community financial institutions. You must demonstrate a proven track record in building a sales pipeline, successfully negotiating deals, and managing relationships with C-Suite stakeholders. Strong communication skills and the ability to grasp complex industry concepts are also essential.

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What is Narmi's approach to sales and client relationships for the Growth Executive role?

Narmi emphasizes a consultative sales approach. As a Growth Executive, you will focus on understanding client needs and conveying the significant value of the Narmi One solution. By developing trust-based relationships and providing tailored solutions, you'll help community financial institutions to realize their digital transformation goals, thereby ensuring long-term client satisfaction and loyalty.

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What kind of team will I be working with as a Growth Executive at Narmi?

As a Growth Executive at Narmi, you'll be part of a dynamic Growth Team comprising Sales Development Representatives, Directors of Growth, Sales Engineers, and others. This collaborative environment encourages the sharing of ideas and strategies to effectively grow the adoption of Narmi’s platform in the financial industry.

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What is the expected salary range for the Growth Executive role at Narmi?

The expected annual base salary for a Growth Executive at Narmi ranges from $85,000 to $130,000. Alongside the base salary, you will also be eligible for performance-based cash and equity bonuses, as well as an equity option grant, ensuring a competitive total compensation package.

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Common Interview Questions for Growth Executive (NYC)
Can you describe your sales process for an enterprise SaaS product?

When discussing your sales process for an enterprise SaaS product, be sure to outline your approach from lead generation to closing the deal. Highlight how you identify potential clients, build and nurture relationships, conduct demos, handle objections, and ultimately negotiate terms to secure the sale. This showcases your structured approach and effectiveness in driving sales.

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How do you build relationships with C-level executives in financial institutions?

Building relationships with C-level executives involves strategic networking and establishing trust. Discuss how you research your prospects, customize your outreach, and leverage mutual connections. Emphasize your ability to listen actively to their needs and provide tailored solutions that demonstrate your understanding of their industry challenges.

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What techniques do you use for prospecting new clients?

For prospecting new clients, I utilize a combination of outbound outreach strategies, leveraging LinkedIn for networking, and targeted research to identify potential opportunities. I also prioritize follow-ups and personalized communication to engage prospects effectively. Discussing metrics or successes in your prospecting efforts can further demonstrate your effectiveness.

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Can you give an example of a successful negotiation you’ve handled?

When asked about a successful negotiation, outline the context, your approach, and the outcome. Emphasize your ability to understand the other party's needs, find common ground, and work toward a win-win situation. This will highlight your negotiation skills and capacity to close significant deals.

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How do you manage your sales pipeline effectively?

Managing a sales pipeline effectively involves regular updates to your CRM, clear categorization of leads by their stage in the sales process, and setting reminders for follow-ups. Discuss how you analyze your pipeline data to identify bottlenecks and adjust your strategies accordingly. Consistency and attention to detail are critical here.

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What sales metrics do you prioritize when evaluating your performance?

When evaluating performance, I prioritize metrics such as monthly sales revenue, conversion rates, customer acquisition costs, and the lifetime value of clients. These indicators provide insights into both my performance and how well I am contributing to the overall goals of the organization.

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Describe a time you successfully collaborated with cross-functional teams.

Discussing a specific instance where you collaborated with cross-functional teams, such as marketing or product, emphasizes your teamwork skills. Describe the goals, how you communicated, and the results achieved, showcasing your ability to work across departments to drive successful outcomes.

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How do you keep yourself motivated during challenging sales cycles?

Staying motivated during challenging sales cycles requires a positive outlook, setting smaller achievable goals, and focusing on learning from each interaction. Describe any personal techniques you have for maintaining resilience and drive, such as seeking feedback, connecting with peers for support, or maintaining a consistent routine.

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What do you think makes Narmi's platform unique in the market?

When discussing what makes Narmi's platform unique, highlight its integrated nature and the essential solutions it offers to community financial institutions. Try to provide specific examples of how these features enhance customer experience and operational efficiency, showing that you’ve done your homework on the company and its offerings.

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What do you see as the biggest challenge facing community financial institutions today?

In discussing the biggest challenges facing community financial institutions, address factors like competition from larger banks and fintechs, the need for digital transformation, and evolving consumer expectations. This demonstrates not only your industry knowledge but also your capacity to align Narmi’s solutions with potential clients' needs.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
December 18, 2024

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