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Verafin - Enterprise Account Manager

Are you ready to be part of a dynamic and innovative company that's revolutionizing Financial Crime Management? At Nasdaq Verafin, we're not just industry leaders; we're trailblazers in providing cutting-edge, cloud-based solutions for financial institutions. We’re creating the world’s most effective financial crime fighting network! 
 

We're seeking a talented Enterprise Account Manager to join our vibrant team. In this role, you'll focus on building long-term relationships with key stakeholders and executive buyers in our largest accounts. EAMs develop sales strategies to increase Annual Contract Value (ACV) and work on contract renewals, upselling, and addressing churn risks. They collaborate with internal teams to execute strategies and ensure customer success. If you thrive on sales targets and building lasting relationships, the EAM role is ideal for you! 

What You'll Do: 

  • Develop and evaluate long-term sales strategies for key accounts 

  • Focus on increasing ACV over the current and next phase of the relationship 

  • Work on enterprise contract renewals and expand partnerships through upselling 

  • Maintain alignment with C-suite priorities and value realization within the application 

  • Identify potential churn risks and develop proactive strategies to address them 

  • Consolidate and qualify successes throughout the customer life cycle 

  • Collaborate with internal teams, including Technical Sales Specialists, PMs, CSMs, and Product Experts, to execute strategies and ensure customer success 

 

What We're Looking For: 

  • Proven ability to build and maintain long-term relationships with key stakeholders and executive buyers 

  • Strong sales strategy development skills, particularly for increasing Annual Contract Value (ACV) 

  • Experience in contract renewals, upselling, and managing churn risks 

  • Ability to collaborate cross-functionally with internal teams 

 

What Success Looks Like: 

  • Strong Relationships: Building and maintaining long-term, trust-based relationships with key stakeholders and executive buyers. 

  • Increased ACV: Consistently developing and executing sales strategies that lead to significant increases in Annual Contract Value (ACV) 

  • Effective Renewals and Upsells: Successfully managing contract renewals and expanding partnerships through upselling and point solution displacements 

  • Proactive Churn Management: Identifying potential churn risks early and implementing proactive strategies to retain customers 

  • Customer Alignment: Ensuring that the solutions provided align with the C-suite's priorities and deliver measurable value 

 

Growth Opportunities: 

  • Potential to lead a team or become the subject matter expert of your current team 

  • Your in-depth customer communication experience and ability to collaborate with peers enable you to explore opportunities within Nasdaq 

 

Why Nasdaq Verafin? 

  • Innovative Solutions: Be part of a team that's at the forefront of financial crime management technology, in a rapidly evolving industry. 

  • Impactful Work: Help financial institutions protect themselves and their customers from fraud and other financial crimes such as elder abuse, human trafficking and money laundering. 

  • Dynamic Growth: Join a company that's expanding quickly, offering you endless opportunities to grow and advance. 

This position can be located in St. John’s or Toronto, and offers the opportunity for a hybrid work environment (2 days a week in office), providing flexibility and accessibility for qualified candidates 

 

This job posting closes on April 18th at 11:59pm Newfoundland Time Zone. 

Come as You Are

Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation.

Average salary estimate

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What You Should Know About Verafin - Enterprise Account Manager, Nasdaq

At Nasdaq Verafin, we are looking for an enthusiastic Enterprise Account Manager to join our innovative team based in St. John's, Newfoundland & Labrador. If you're passionate about building long-lasting business relationships and have a knack for sales strategy, this role is for you! As an Enterprise Account Manager, you will be at the forefront of our efforts to revolutionize financial crime management. Your primary focus will be working with key stakeholders and executive buyers in our largest accounts, developing robust sales strategies that not only increase Annual Contract Value (ACV) but also ensure customer satisfaction and loyalty. Your work will include managing contract renewals, upselling opportunities, and pro-actively identifying churn risks. Collaborating with internal teams across various functions, including Technical Sales and Product Experts, you will execute strategies that improve customer success and meet the C-suite's priorities. With your exceptional relationship-building skills and strategic mindset, you'll play a vital role in creating a financial crime fighting network that truly makes an impact. Join us in contributing to a mission that protects financial institutions and their customers from fraud and other critical threats. Nasdaq Verafin offers a vibrant work environment, opportunities for growth, and the flexibility of a hybrid model, allowing you to find the perfect work-life balance. If you share our passion for innovation and customer success, we want to hear from you!

Frequently Asked Questions (FAQs) for Verafin - Enterprise Account Manager Role at Nasdaq
What are the responsibilities of the Enterprise Account Manager at Nasdaq Verafin?

The Enterprise Account Manager at Nasdaq Verafin is responsible for developing long-term sales strategies for key accounts, maximizing Annual Contract Value (ACV), overseeing contract renewals, managing upselling opportunities, and identifying churn risks. They play a crucial role in fostering relationships with stakeholders and ensuring solutions align with customer priorities.

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What qualifications are needed for the Enterprise Account Manager position at Nasdaq Verafin?

Candidates for the Enterprise Account Manager role at Nasdaq Verafin should have proven experience in building relationships with key stakeholders, strong sales strategy skills, and a background in managing renewals and upselling. Collaboration skills and the ability to work cross-functionally with various teams are also essential.

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How does Nasdaq Verafin define success for the Enterprise Account Manager role?

Success for the Enterprise Account Manager at Nasdaq Verafin is characterized by building trust-based relationships with clients, consistently increasing ACV, effectively managing renewals and upsells, proactively addressing churn risks, and ensuring alignment with the priorities of the C-suite.

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What growth opportunities exist for the Enterprise Account Manager at Nasdaq Verafin?

The Enterprise Account Manager at Nasdaq Verafin has diverse growth opportunities, including the potential to lead teams and establish themselves as subject matter experts. Those who excel in customer communication and cross-functional collaboration can explore various advancement paths within the organization.

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What is the work environment like for the Enterprise Account Manager at Nasdaq Verafin?

The work environment for the Enterprise Account Manager at Nasdaq Verafin is dynamic and flexible. With a hybrid model, employees can work in the office and remotely, allowing for a healthy work-life balance while engaging in impactful work within the rapidly evolving financial crime management industry.

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Common Interview Questions for Verafin - Enterprise Account Manager
How do you build effective relationships with executive buyers?

Building relationships with executive buyers involves active listening, understanding their needs, and consistently communicating value. Demonstrating empathy and being proactive in addressing their concerns can establish trust and long-term partnership.

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What strategies would you implement to increase Annual Contract Value (ACV)?

To increase ACV, I would focus on cross-selling and upselling additional services or products that align with the client's goals. Conducting regular business reviews to identify additional opportunities for value creation is also key.

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Describe your experience with contract renewals and upselling.

I have successfully managed contract renewals by maintaining strong relationships and ensuring customers see ongoing value. When upselling, I prioritize understanding customer requirements and tailoring solutions that deepen engagement.

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How do you identify and address churn risks proactively?

Identifying churn risks involves analyzing customer feedback, usage trends, and consistent communication. I would implement regular check-ins and surveys to gauge satisfaction and address any potential issues before they escalate.

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What role does collaboration play in your sales strategy?

Collaboration is critical in my sales strategy as it ensures that all departments work toward a common goal of customer success. By involving technical sales and product experts, we can present comprehensive solutions that resonate with customers.

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Can you provide an example of a successful sales strategy you implemented?

A successful sales strategy I implemented involved tailored account plans that focused on the unique business goals of each client. By fostering direct communication with stakeholders, I was able to significantly increase revenue through strategic upsells.

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What tools or technologies do you use to monitor customer success?

I utilize Customer Relationship Management (CRM) systems to track interactions, analyze data on customer satisfaction, and measure the success of implemented strategies. Regular metrics review helps in adjusting approaches as needed.

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How do you stay informed about industry trends?

I stay informed about industry trends by subscribing to relevant publications, attending industry conferences, and engaging with professional networks to share insights and best practices with peers.

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What motivates you in your role as an Enterprise Account Manager?

I'm motivated by the challenge of exceeding sales targets and the satisfaction that comes from helping clients achieve their objectives. Building strong relationships and contributing to our clients' success drives me every day.

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How do you handle objections from clients during the sales process?

Handling objections involves actively listening to the client's concerns and addressing them thoughtfully. By providing data-driven responses and reaffirming the value of our solutions, I can help dispel doubts and move the conversation forward.

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April 8, 2025

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