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Senior Account Executive, Boston (Startup Banking)

About Us

From two-person startups to public companies, Rho is the banking platform with everything businesses need to manage cash, control spend, and automate finance busywork. Rho offers corporate cards, banking, treasury, expense management, AP, accounting automation, and more in one integrated platform backed by award-winning support.

About the Role

We’re seeking a sales professional with a track record of success in achieving new business to be our founding Boston Go-to-Market hire. The ideal candidate will be driven, organized, and display a natural ability to build rapport and trust. We’re looking for that perfect blend of sales drive coupled with a customer-first mentality that will help us create loyal, happy customers.

Rho has built a substantial community in the New York startup market. Hosting community-driven events, curated get-togethers, and more for founders and teams in the ecosystem has spread the Rho brand across many verticals. Boston will be growing at the same speed and the Rho team with it. You will be responsible for organizing and attending Rho-sponsored events throughout the market geared towards building community and onboarding new business.

Responsibilities

  • Event-Driven Role – Attend multiple in-person networking events every week to build relationships and engage with the startup community. Must be comfortable with frequent face-to-face interactions.

  • Identify and target high-growth startups in the Boston area for Rho’s cash management platform.

  • Win new business in competitive sales against the industry’s incumbents and newer players.

  • Attend Rho-sponsored events in person to build relationships and community.

  • Develop and execute sales strategies to meet and exceed revenue targets.

  • Ramp relationships and expand referral volume through networking.

  • Advocate for client needs to inform Rho’s roadmap.

  • Win new business in competitive sales against the industry’s incumbents and newer players.

  • Construct, forecast, and manage your sales pipeline to meet company goals.

  • Deliver comprehensive product demos and answer technical inquiries.

  • Coordinate closely with customer success and implementation teams to maintain the highest level of service and experience.

 

Qualifications

  • 3+ years of experience supporting startup founders in a sales, VC, community, or other operational position.

  • 1+ years of experience managing a book of business and carrying a quota, focusing on net-new acquisitions.

  • Previous experience working in any one of the following areas is preferred:

    • Experience selling subscription-based software technologies (SaaS), other software products, and/or financial services products.

    • Experience working with startups.

  • Top-performer with a track record of consistently exceeding quota.

  • A consummate team player who enjoys wearing multiple hats and inspiring everyone around you to do great work.

  • A builder who is excited to help shape the foundation for Rhos’ Startup Banking team in Boston.

 

Nice-to-Have

  • Familiarity with the startup ecosystem and venture accelerators

Interview Process

Stage 1: Interview with Recruiting - 30-minute video interview

Stage 2: Hiring Manager Interview - 30-minute video interview 

Stage 3: Panel interviews - Panel interviews with members of the sales team and cross-functional teams

Stage 4: Final interview with our Chief Revenue Officer - 30-minute video interview  

 

Our people are our most valuable asset. The budgeted base salary for this role is $90,000 with an OTE of $165,000-$175,000. Base salary may vary depending on relevant experience, skills, and business needs. In addition to base pay, Rho offers equity, healthcare benefits and paid time off.

Diversity is a core value at Rho. We’re passionate about building and sustaining an inclusive and equitable environment for all those involved with our mission, including employees, contractors, candidates, customers and vendors. We believe every member of the Rho community enriches our ability to provide a broad range of ways to understand and engage with the market, identify problems, and drive solutions that align with our mission. We welcome all qualified applications and support each of our Rho’ers with ongoing professional growth opportunities.

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Average salary estimate

$132500 / YEARLY (est.)
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$90000K
$175000K

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What You Should Know About Senior Account Executive, Boston (Startup Banking), Rho

Are you ready to step into an exciting new role as a Senior Account Executive with Rho in Boston? Imagine being at the forefront of a revolutionary banking platform that caters to everyone from budding startups to public companies. At Rho, we make financial management easy by providing tools like corporate cards, cash management, and accounting automation—all in one seamless app. As our founding Go-to-Market hire in Boston, you'll play a pivotal role in expanding our community and driving new business. If you're a driven salesperson with a knack for forming genuine connections, we want you on our team! Your days will be dynamic and eventful, filled with in-person networking, attending Rho-sponsored community events, and engaging with vibrant startup founders. You’ll actively identify high-growth startups that could benefit from our innovative platform while strategizing on how to overcome competition in the financial services space. Collaboration will be key as you'll liaise closely with customer success teams to ensure the highest levels of service. With a background in supporting startups, at least 3 years of sales experience, and a track record of exceeding quota, you are equipped to help guide Rho into its next growth phase. The culture at Rho values diversity and teamwork, so you'll be surrounded by talented individuals who are just as eager to learn and contribute. This is more than just a job; it's an opportunity to shape the future of startup banking in Boston and beyond!

Frequently Asked Questions (FAQs) for Senior Account Executive, Boston (Startup Banking) Role at Rho
What are the main responsibilities of a Senior Account Executive at Rho?

As a Senior Account Executive at Rho, your main responsibilities include attending networking events to build relationships within the Boston startup community, identifying high-growth startups, and executing sales strategies to win new business. You'll also be coordinating closely with customer success and implementation teams to ensure client needs are met, as well as managing your sales pipeline to meet revenue targets.

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What qualifications are needed for the Senior Account Executive position at Rho?

To qualify for the Senior Account Executive role at Rho, candidates should have at least 3 years of experience in a sales, VC, or operations position supporting startup founders. Additionally, candidates should have a minimum of 1 year managing a book of business focused on net-new acquisitions. Experience with SaaS and financial services is preferred, along with a proven track record of exceeding sales quotas.

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How is the compensation structured for the Senior Account Executive role at Rho?

The compensation for the Senior Account Executive role at Rho includes a base salary of $90,000 along with an On-Target Earnings (OTE) of $165,000 to $175,000, which may vary based on experience and skills. Rho also offers equity, healthcare benefits, and paid time off, making it an attractive package for the right candidate.

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What qualities make an ideal candidate for the Senior Account Executive position at Rho?

An ideal candidate for the Senior Account Executive position at Rho should be driven, organized, and possess excellent relationship-building skills. They should be team-oriented, enjoy wearing multiple hats, and be enthusiastic about contributing to the establishment of Rho's presence in the Boston startup ecosystem.

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What does the interview process look like for the Senior Account Executive role at Rho?

The interview process for the Senior Account Executive position at Rho consists of four stages: a 30-minute video interview with recruiting, a video interview with the hiring manager, panel interviews with the sales team and cross-functional teams, and finally a video interview with the Chief Revenue Officer. Each step is carefully designed to evaluate your fit for the role and the company.

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Common Interview Questions for Senior Account Executive, Boston (Startup Banking)
How do you approach building relationships in your sales process as a Senior Account Executive?

In building relationships as a Senior Account Executive, I prioritize understanding the client's needs and challenges. I focus on open communication and trust, which is essential for fostering long-term partnerships that are beneficial for both Rho and the client.

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Can you describe a time when you exceeded your sales quota?

Absolutely! In my previous role, I exceeded my sales quota by developing targeted outreach strategies that engaged prospects through tailored messaging and follow-ups, resulting in a 30% increase in new acquisitions within a quarter. This experience taught me the importance of persistence and adaptability in sales.

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What strategies would you use to win new business against incumbent competitors?

Winning new business against established competitors requires a deep understanding of their offerings and identifying gaps in their service. I would utilize Rho's unique value propositions, such as integrated banking solutions and exceptional customer support, to effectively differentiate our product.

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How do you handle client objections during the sales process?

Handling client objections involves active listening to understand their concerns fully. I would address these objections with factual information and case studies that validate Rho's benefits, demonstrating how our solutions specifically align with their needs.

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What experience do you have in organizing events or networking?

I have extensive experience organizing both virtual and in-person networking events where I focus on creating meaningful interactions. In my last role, I coordinated several successful workshops and webinars that not only increased our brand visibility but also resulted in a 20% boost in our client base.

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What do you consider when developing sales strategies?

When developing sales strategies, I consider market trends, customer behaviors, and the competitive landscape. It’s crucial to have adaptable strategies that can evolve based on continuous feedback and analysis to ensure we’re consistently meeting and exceeding our targets.

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Tell us about a successful product presentation you delivered.

During a key pitch to a major prospect, I delivered a comprehensive product presentation that highlighted Rho's unique features and demonstrated real-world applications. Using interactive demos and client testimonials, I successfully converted the prospect into a valued customer, winning significant business for our team.

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What motivates you in your sales career?

What motivates me most in my sales career is the opportunity to help others succeed, especially startup founders. Knowing that the solutions I provide can simplify their financial management allows me to stay driven and focused on achieving results that make a difference.

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How do you keep yourself updated with the latest trends in the startup ecosystem?

I stay updated by regularly attending industry events, participating in webinars, and following influential figures in the startup space through social media. Continuous learning and networking are crucial in the fast-paced world of startups, leading to informed conversations with potential clients.

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What do you know about Rho and its products?

Rho is an innovative banking platform providing a comprehensive set of financial management tools designed for businesses, from startups to large companies. I admire Rho’s commitment to simplifying finance through integrated solutions and excellent customer support, making life easier for entrepreneurs.

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March 26, 2025

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