Key Account Executive - EU / UK in London
Key Account Executive - EU / UK

Key Account Executive - EU / UK in London

London 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 opportunities and a supportive team culture.
  • Why this job: Be at the forefront of embedded finance and make a real impact.
  • Qualifications: 10+ years in sales or business development; fintech experience preferred.

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.

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 in London employer: MQ Referrals Only

Marqeta is an exceptional employer that fosters a dynamic and inclusive work culture, offering employees the chance to engage deeply with innovative financial solutions in the heart of London. With a strong focus on professional development, generous benefits including premium medical coverage, equity opportunities, and a supportive environment for work-life balance, Marqeta empowers its team members to thrive both personally and professionally while making a significant impact in the evolving payments landscape.
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 in London

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 with potential clients and show them why partnering with us is a no-brainer.

Tip Number 2

Network like a pro! Attend industry events, connect with key players in the fintech space, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors to new opportunities and help you stand out in the competitive landscape.

Tip Number 3

Practice your pitch! Whether it's a casual chat or a formal meeting, being able to articulate Marqeta's value proposition clearly and compellingly is crucial. Role-play with friends or colleagues to refine your approach and boost your confidence.

Tip Number 4

Don’t forget to follow up! After meetings or networking events, send a quick thank-you note or a message to keep the conversation going. It shows you're genuinely interested and keeps you top of mind for future opportunities.

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

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

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 a story about why you're passionate about this role at Marqeta. Use it to explain how your skills align with the job description and how you can contribute to scaling the success of our business in Europe.

Showcase Your Knowledge: Demonstrate your understanding of Marqeta's technology and the payments ecosystem in your application. This shows us that you’re not just interested in the role, but that you’ve done your homework and are ready to hit the ground running.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team.

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 their platform works and be ready to discuss how it can benefit potential clients. This will show your genuine interest and help you communicate effectively with the interviewers.

Build Relationships

Since this role involves managing relationships with executives, practice how you would approach these conversations. Think about how to establish trust and rapport quickly. Prepare examples of how you've successfully built relationships in past roles to share during the interview.

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 start to finish, including lead qualification, scoping, and contract negotiations. This will demonstrate your capability as a solution seller.

Showcase Your Problem-Solving Skills

Prepare to discuss specific challenges you've faced in previous roles and how you overcame them. Highlight your ability to work cross-functionally and deliver solutions that meet customer needs. This will illustrate your problem-solving skills and adaptability, which are crucial for this position.

Key Account Executive - EU / UK in London
MQ Referrals Only
Location: London

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