Key Account Executive - EU / UK
Key Account Executive - EU / UK

Key Account Executive - EU / UK

Full-Time 60000 - 80000 £ / year (est.) No home office possible
MQ Referrals Only

At a Glance

  • Tasks: Drive business growth by managing key accounts and closing deals in the fintech space.
  • Company: Join Marqeta, a leading innovator in B2B and consumer payments.
  • Benefits: Enjoy premium health coverage, generous time off, and equity options.
  • Other info: Hybrid role with excellent career growth and a dynamic team environment.
  • Why this job: Be at the forefront of embedded finance and make a real impact.
  • Qualifications: 10+ years in sales or business development, preferably in payments or fintech.

The predicted salary is between 60000 - 80000 £ per year.

As Marqeta’s Key Account Executive based in London, you will be passionate about scaling the success of our business in Europe. This exciting role is ideal for individuals seeking to go deep in all aspects of complex business and technical engagements and will span multiple areas of development:

  • Cultivating and managing relationships with executives seeking to innovate and disrupt B2B & consumer payments;
  • Working closely with internal stakeholders in Product, Legal, Compliance and Delivery to define solutions that will empower our customers;
  • Originating new customer opportunities, responding to inbound opportunities, and shepherding deals from opening through to contract and closing stage.

The team at Marqeta focuses on the largest and most impactful commercial opportunities in Marqeta’s evolving business. These customers include established brands, fintech innovators and labour/retail marketplaces, all looking for solutions to launch, scale and continuously evolve their financial products and services. Key to this role is an ability to understand Marqeta's technology and how it brings value to the market, expertly communicate its benefits, and win the trust of the key stakeholders across revenue growth, product and technology teams of our potential partners.

We're looking for a self-motivated, experienced solution seller, who is eager to further deepen their knowledge of embedded finance and possesses the business judgment and sales acumen to vet opportunities and close deals. In this role you will spend the first 3 months learning the ins and outs of Marqeta and our customers and our programme management capabilities, supporting Team Leads on strategic projects, and building a sales pipeline. Additionally, you will need to understand the process of selling a complex platform technology and be able to communicate technical and product benefits to both sophisticated and unsophisticated buyers.

PLEASE NOTE: This is a hybrid role and requires employees to be based within 35 miles of our London office. You will be expected to work on-site two days a week, on Tuesday and Thursday, with the flexibility to work remotely on the other days.

The Impact You'll Have

  • Closing and launching enterprise customers: Work alongside the team Director in identifying, closing and onboarding new customers. Manage the back end of the process including Salesforce rigour and reporting, financial modeling, and garnering internal approvals.
  • Qualify leads and prioritize the right opportunities: Serve as the primary point of contact for prospects by identifying their needs and requirements, responding to requests for information and proposals, and vetting them against our current and future product offering.
  • Run a sales process end to end: Manage real customer opportunities through a sales process, from initial engagement to scoping to final contract negotiations. At any given time, you will be responsible for partnering with the team to grow and renew existing accounts and working opportunities in various stages of that process in Salesforce.
  • Contracting: Work with our Legal team as required to shepherd opportunities through the contracting process, including negotiation and execution.
  • Know the Tech: Quickly get up to speed on Marqeta's technical and programme management capabilities, the unique features and customer benefits our platform offers and how to speak with confidence, knowledge and credibility about what we bring to our customers and prospects.
  • Sell the partnership vision: Work with internal SMEs to identify and develop solutions for prospects who are trying to understand what makes Marqeta’s platform and service offering so exceptional and differentiated.

Who You Are

  • 10+ years of experience in sales and/or strategic business development roles; payments, investment banking and strategic consulting backgrounds preferred but not required.
  • Bachelor’s Degree or comparable experience required.
  • Deep understanding of the payments ecosystem and card issuing is crucial, with bonus points for having worked in a regulated programme manager offering full stack solutions to customers.
  • Strong familiarity and ease with the fintech ecosystem, B2B technology applications and how technology platforms serve customer businesses.
  • Financial Acumen. The payments business and caliber of customer relationships necessitates complex deal structures and financial modelling. We’re looking for an individual who is comfortable and capable of evaluating and modeling customer proposals and resulting contract financial models.
  • Confidence in serving as the face of Marqeta for prospective customers and partners who may comprise C-suite executives and senior leadership members.
  • Ability to prioritize, manage, and deliver on multiple projects simultaneously; highly motivated and able to work against aggressive schedules.
  • Exceptional problem-solving skills with the ability to work cross-functionally to deliver on the customer’s needs.
  • Superior communication skills (interpersonal, verbal, email, and presentation) with the ability to successfully orchestrate the sales process by managing the time and resources of the team and specialist partners.
  • Positive attitude, team player, adaptable, resourceful, and self-starter who is able to work independently.

Compensation and Benefits

  • Premium Private Medical and Dental coverage
  • Generous time off program with additional “Floating Holiday days”
  • Retirement savings program with company contribution
  • Equity in a publicly-traded company and an Employee Stock Purchase Program
  • Monthly stipend to support our remote work model
  • Annual development stipend to support our people's growth and development
  • Family-forming benefits and up to 20 weeks of Parental Leave
  • Wellbeing programs i.e. Modern Health, HealthKick and much more…

Key Account Executive - EU / UK employer: MQ Referrals Only

Marqeta is an exceptional employer that fosters a dynamic and inclusive work culture, particularly for the Key Account Executive role based in London. With a strong emphasis on employee growth, we offer comprehensive benefits including premium medical coverage, generous time off, and a commitment to professional development. Our hybrid work model provides flexibility while allowing you to engage directly with innovative clients in the fintech space, making every day at Marqeta both meaningful and rewarding.
MQ Referrals Only

Contact Detail:

MQ Referrals Only Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Key Account Executive - EU / UK

Tip Number 1

Get to know Marqeta inside out! Spend time understanding our technology and how it benefits customers. This knowledge will help you communicate confidently during interviews and show that you're genuinely interested in the role.

Tip Number 2

Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insights into the company culture and may even lead to referrals, which can be a game-changer in landing the job.

Tip Number 3

Prepare for those tricky questions! Think about how your experience aligns with the role's requirements, especially around complex sales processes and relationship management. Practising your responses will help you feel more at ease during interviews.

Tip Number 4

Don’t forget to follow up! After interviews, send a thank-you email expressing your appreciation for the opportunity. It’s a simple gesture that can leave a lasting impression and keep you top of mind for the hiring team.

We think you need these skills to ace Key Account Executive - EU / UK

Sales Acumen
Strategic Business Development
Relationship Management
Technical Knowledge of Payments Ecosystem
Financial Modelling
Project Management
Communication Skills
Problem-Solving Skills
Negotiation Skills
Understanding of B2B Technology Applications
Customer Needs Assessment
Salesforce Proficiency
Adaptability
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Key Account Executive role. Highlight your experience in sales, especially in the payments or fintech sectors, and showcase any relevant achievements that demonstrate your ability to manage complex business relationships.

Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about this role at Marqeta. Share specific examples of how you've successfully navigated similar challenges in the past and how you can bring value to our team.

Showcase Your Knowledge: We want to see that you understand Marqeta's technology and the payments ecosystem. Use your application to demonstrate your knowledge of embedded finance and how it relates to the role, as this will set you apart from other candidates.

Apply Through Our Website: Don't forget to apply through our website! This ensures your application goes directly to us and helps streamline the process. Plus, it shows you're keen on joining our team at Marqeta!

How to prepare for a job interview at MQ Referrals Only

Know Your Stuff

Before the interview, dive deep into Marqeta's technology and its unique offerings. Understand how it fits into the payments ecosystem and be ready to discuss specific features that can benefit potential clients. This will show your passion and preparedness.

Build Relationships

Since this role involves managing relationships with executives, practice your networking skills. Think of ways to establish rapport during the interview, perhaps by discussing shared interests in innovation or industry trends. This will demonstrate your ability to connect with key stakeholders.

Master the Sales Process

Brush up on your sales process knowledge, especially around complex deal structures. Be prepared to discuss how you would manage a sales opportunity from initial engagement to closing. Use examples from your past experiences to illustrate your approach.

Showcase Your Problem-Solving Skills

Prepare to discuss scenarios where you've successfully navigated challenges in previous roles. Highlight your ability to work cross-functionally and deliver solutions that meet customer needs. This will showcase your adaptability and resourcefulness, which are crucial for this position.

Key Account Executive - EU / UK
MQ Referrals Only

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