Territory Account Executive
Territory Account Executive

Territory Account Executive

Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Expand our Agent network and identify new market opportunities.
  • Company: Join MoneyGram, a trusted global brand in financial services.
  • Benefits: Competitive salary, travel opportunities, and a dynamic work environment.
  • Why this job: Make a real impact in transforming cross-border payments.
  • Qualifications: Sales experience and strong communication skills required.
  • Other info: Diverse and inclusive workplace with growth potential.

The predicted salary is between 28800 - 48000 £ per year.

At MoneyGram, we’re combining the strength of a trusted global brand with the agility of a tech-forward, growth driven culture. With 80+ years of experience and a presence in more than 200 countries and territories, we’ve built a foundation of stability and trust to help millions of people around the world send funds quickly, securely, and affordably. We’re looking for bold thinkers, builders, technologists, and sellers who want real ownership of their work, thrive in collaborative environments, and are energized by solving complex challenges. Here, you’ll have the opportunity to make a measurable impact - fast. If you’re eager to shape the future of cross-border payments and financial services, join us as we transform how the world moves money.

About The Role: The Territory Account Executive will be responsible for expanding the Agent network across the assigned region by researching new market opportunities, identifying prospects and signing up new Agents in line with the company’s business strategy. Candidate should have excellent communication, interpersonal, and customer service skills. He should also be able to demonstrate the ability to meet deadlines while having strong analytical skills.

What you’ll do:

  • Represent the company’s products and services to identify how company’s solutions meet market needs.
  • Provide market analysis in terms of needs and opportunities, strong market monitoring, and competition activities.
  • Expand the agents’ network: research and identify new business opportunities - including new markets, growth areas, trends, partnerships or new ways of reaching existing markets.
  • Prospect potential Agents in writing, by phone and in person in order to effectively outline the MoneyGram service and the mutual business benefit of becoming an agent.
  • Utilize SalesForce, cold calling, and email to generate new sales opportunities.
  • Build partnerships with existing agents to ensure MoneyGram’s business plan and targets are met while expanding the company’s market share and profitability.
  • Report to the line manager with accurate weekly, monthly, and quarterly results.
  • Able to follow up a concrete visits schedule agenda provided by the company.
  • Ensure all necessary agent documentation is to the relevant standard as requested from the company or local regulations and manages the submission of any new agent onboarding process, via the relevant documents collection.
  • Ensure all agent’s information and stored profile data are up to date, with a responsibility to manage all potential data change requests via the relevant internal support processes in a timely manner.
  • Deliver product and system training to new agents providing education on all supporting functions, making sure agent is educated on company’s credit and collections policies.
  • Ensures agent compliance bi-yearly training cycle is completed.
  • Take action to create a growth plan per agent which will be closely monitored.
  • Collaborate daily with key support internal departments and takes ownership of key agents’ operational or technical needs and requests that impact revenue.
  • Work with the marketing and pricing teams, as required, to support MoneyGram visibility, pricing competitiveness, product profitability and development.
  • Ensure location branding is up to date and take actions on the field towards this goal.
  • Extensive business travel is required, being able to control work related tasks and participate in key meetings via mobile devices.
  • Ability to follow and manage a concrete agent visit schedule with overnight stays in different cities.
  • Perform other duties as required by the business.

What we’re looking for:

Education and Experience: BA/BS degree in related field preferred or equivalent work experience. 3+ years' experience in a sales field or any related experience on selling and managing sales. Money Transfer sector related previous experience will be considered as a strong asset. Demonstrated expertise in independent planning, managing and executing sales strategies.

Essential skills:

  • Fluent in both written and spoken in local and English language. Other language skills will be considered as a strong asset.
  • Proven track record in sales & business development, with a demonstrated ability to increase network expansion/volumes.
  • Strong negotiation skills are needed.
  • Excellent problem-solving skills and analytical thinking: able to identify and analyze problems and find appropriate solutions effectively and proactively.
  • Effective Time management proven skills – ability to control workload in a structured manner.
  • Able to work in a culturally diverse environment and be sensitive to cultural differences.
  • Demonstrated experience in building and maintaining customer/client relationships and identifying opportunities to improve business success for both parties.
  • Prior exposure in presenting product/service opportunities to clients/customers.

At MoneyGram, we celebrate the inclusivity and diversity of our employees. We’re committed to promoting a respectful workplace where every applicant gets an equal opportunity to work at MoneyGram. We prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Territory Account Executive employer: MoneyGram

At MoneyGram, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to take ownership of their roles and make a tangible impact in the financial services sector. With a commitment to professional growth, we offer extensive training and development opportunities, alongside competitive benefits, all within a collaborative environment that values innovation and diversity. Join us in a role that not only challenges you but also allows you to contribute to transforming how the world moves money, all while enjoying the flexibility and excitement of working across diverse markets.
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Contact Detail:

MoneyGram Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Territory Account Executive

✨Tip Number 1

Get to know the company inside out! Research MoneyGram's values, mission, and recent news. This way, when you chat with them, you can show off your knowledge and passion for what they do.

✨Tip Number 2

Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral!

✨Tip Number 3

Practice your pitch! Be ready to explain how your skills and experience align with the Territory Account Executive role. Tailor your message to highlight your sales success and ability to expand networks.

✨Tip Number 4

Don’t forget to follow up! After interviews or networking chats, send a quick thank-you note. It shows your enthusiasm and keeps you fresh in their minds. Plus, it’s a great chance to reiterate your interest!

We think you need these skills to ace Territory Account Executive

Sales Strategies
Market Analysis
Customer Service Skills
Communication Skills
Interpersonal Skills
Analytical Thinking
Negotiation Skills
Time Management
Relationship Building
Problem-Solving Skills
Business Development
Cultural Sensitivity
Fluency in English
SalesForce Proficiency

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Territory Account Executive role. Highlight your sales experience and any relevant skills that match the job description. We want to see how you can bring value to our team!

Showcase Your Achievements: When detailing your work history, focus on your achievements rather than just duties. Use numbers and specific examples to demonstrate how you've successfully expanded networks or increased sales in previous roles. This will help us see your potential impact!

Be Clear and Concise: Keep your application clear and to the point. Avoid jargon and ensure your writing is easy to read. We appreciate straightforward communication, so make it easy for us to understand your qualifications and enthusiasm for the role.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team!

How to prepare for a job interview at MoneyGram

✨Know Your Market

Before the interview, dive deep into understanding the market landscape for MoneyGram. Research competitors, trends, and potential growth areas in the cross-border payments sector. This knowledge will not only impress your interviewers but also help you articulate how you can contribute to expanding their agent network.

✨Showcase Your Sales Skills

Prepare specific examples from your past experiences that highlight your sales achievements and strategies. Be ready to discuss how you've successfully identified prospects and built relationships, as these are crucial for the Territory Account Executive role. Use metrics to quantify your success whenever possible.

✨Demonstrate Problem-Solving Abilities

Think of scenarios where you've faced challenges in sales or client management and how you resolved them. MoneyGram values analytical thinking, so be prepared to discuss your approach to identifying problems and implementing effective solutions. This will show your potential to thrive in a dynamic environment.

✨Practice Your Communication Skills

As this role requires excellent communication and interpersonal skills, practice articulating your thoughts clearly and confidently. Consider conducting mock interviews with a friend or using video recordings to refine your delivery. Being able to convey your ideas effectively will set you apart during the interview.

Territory Account Executive
MoneyGram

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