At a Glance
- Tasks: Lead strategic partnerships in the fintech and payments ecosystem, driving growth and innovation.
- Company: Join Marqeta, a leading tech company revolutionising the payments landscape.
- Benefits: Enjoy premium health coverage, generous time off, equity options, and remote work flexibility.
- Other info: Dynamic hybrid role with excellent career development opportunities.
- Why this job: Make a real impact in the fintech world while collaborating with top industry players.
- Qualifications: 10+ years in sales, deep payments expertise, and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
As Marqeta's Senior Account Executive based in London, you will lead the expansion and scaling of our most impactful partnerships across larger Fintech, Financial Institution, banking, and embedded finance businesses. This highly strategic role requires a critical, pre‐existing understanding of the entire payments ecosystem, particularly the issuing side, to successfully navigate complex business and technical engagements.
The European Sales team at Marqeta is looking to expand our sales footprint in Europe to focus on some of the largest and most impactful commercial opportunities in Marqeta's evolving business. The customers in focus include all traditional and digital banking organisations, as well as large scale fintechs, fintech innovators and companies who are looking to take control of and expand their card programme offerings to their customer base – essentially those looking for solutions to launch, scale and continuously evolve their banking products and services.
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 and entrepreneurs 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.
Key to this role is an ability to deeply understand and articulate 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. 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
- Qualify leads and prioritise customer opportunities: Serve as the primary point of contact for enterprise and strategic level prospects by identifying their needs and requirements, responding to requests for information, and vetting them against our current and future product offering.
- Run a Complex Sales Process: Independently manage highly strategic customer opportunities through the full sales process, from initial engagement and complex pricing discussions through to final contract negotiations. You will also be responsible for partnering with your team to grow existing accounts and managing opportunities across various stages in Salesforce.
- Contracting Leadership: Take ownership of guiding both inbound and outbound opportunities through the contracting process, working seamlessly with our Legal team on negotiation and execution.
- Leverage Technical Expertise: Utilise your existing, deep understanding of Marqeta's technical capabilities, unique features and customer benefits to speak with confidence, knowledge, and credibility about the value we bring to customers and prospects.
- Sell the Partnership Vision: Lead the development of proposals and expert responses to RFIs/RFPs in collaboration with internal subject matter experts (SMEs), articulating what makes Marqeta's platform and service offering exceptional and differentiated.
Who You Are
- Minimum of 10+ years of sales experience, ideally within payments, Fintech, or complex B2B technology.
- Mandatory Payments Expertise: A critical, demonstrable understanding of the payments ecosystem is essential for success in this role. We require candidates to possess deep payments and card experience, and no applicants without this background will be considered. Bonus points for comprehensive knowledge of the issuer‐processing ecosystem.
- Comfort with the unknown. We’re building a world‐class platform but must manage the expectations of both internal and external stakeholders. Our product roadmap is also constantly changing to reflect evolving strategy and the competing needs of our customers.
- Proven familiarity and ease with the fintech ecosystem, B2B technology applications, and how technology platforms serve customer businesses. You will need to understand the basics of how SaaS and platform technology companies work, and be able to communicate technical and product benefits to both sophisticated and unsophisticated buyers.
- Financial Acumen. The payments business and calibre of customer relationships necessitate complex deal structures. We’re looking for an individual who is comfortable and capable of evaluating and modelling 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 entrepreneurs.
- Ability to prioritise, manage, and deliver on multiple projects simultaneously; highly motivated and able to work against aggressive schedules.
- Strong 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.
Great To Have But Not Required
- Strong experience selling in the issuer‐processing space.
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...
At Marqeta, we strive to live our value of "Win as a Team," where we seek various opinions and experiences as we build opportunities around equity, inclusion, and belonging.
Senior Account Executive - EU / UK in London employer: MQ Referrals Only
Marqeta is an exceptional employer that fosters a dynamic and inclusive work culture, particularly for the Senior Account Executive role based in London. With a strong focus on employee growth, we offer comprehensive benefits including premium medical coverage, generous time off, and equity opportunities, all while encouraging collaboration and innovation within the fast-paced fintech landscape. Our hybrid work model provides flexibility, allowing you to thrive both in the office and remotely, making it an ideal environment for those looking to make a significant impact in the payments ecosystem.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Account Executive - EU / UK in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the fintech and payments space. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Building relationships can open doors that applications alone can't.
✨Tip Number 2
Show your expertise! When you get the chance to chat with someone from Marqeta or any potential employer, make sure to highlight your deep understanding of the payments ecosystem. Share insights and experiences that demonstrate your knowledge and passion for the industry.
✨Tip Number 3
Prepare for those interviews! Research Marqeta’s products and services inside out. Be ready to discuss how your skills align with their needs, especially around complex sales processes and technical engagements. The more you know, the more confident you'll feel!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the team at Marqeta. So, hit that apply button and let’s get you in the door!
We think you need these skills to ace Senior Account Executive - EU / UK in London
Some tips for your application 🫡
Know Your Stuff:Before you start writing, make sure you have a solid understanding of the payments ecosystem and Marqeta's role in it. This will help you articulate your experience and how it aligns with what we're looking for.
Tailor Your Application:Don’t just send a generic CV and cover letter. Tailor your application to highlight your relevant experience in fintech and B2B technology. Show us why you're the perfect fit for this Senior Account Executive role!
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where necessary to make it easy for us to see your key achievements and skills at a glance.
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, we love seeing candidates who take that extra step!
How to prepare for a job interview at MQ Referrals Only
✨Know Your Payments Ecosystem
Make sure you have a solid grasp of the payments ecosystem, especially the issuing side. Brush up on your knowledge of how different players interact and what challenges they face. This will help you articulate Marqeta's value proposition effectively during the interview.
✨Showcase Your Sales Process Mastery
Be prepared to discuss your experience managing complex sales processes. Highlight specific examples where you've navigated intricate negotiations or closed significant deals. This will demonstrate your capability to handle the strategic customer opportunities that Marqeta is looking for.
✨Communicate with Confidence
Practice articulating Marqeta's technology and its benefits clearly and confidently. You might be speaking with C-suite executives, so ensure you can convey technical details in an accessible way. Role-play potential questions and answers with a friend to build your confidence.
✨Prepare for Cross-Functional Collaboration
Since this role involves working closely with various internal teams, think of examples where you've successfully collaborated across departments. Be ready to discuss how you can leverage these relationships to drive customer success and enhance Marqeta's offerings.