At a Glance
- Tasks: Lead strategic partnerships in the fintech space and manage complex sales processes.
- Company: Join Marqeta, a leading innovator in the payments ecosystem.
- Benefits: Enjoy premium medical coverage, generous time off, and equity options.
- Other info: Hybrid role with excellent career growth and development opportunities.
- Why this job: Make a real impact in the evolving world of payments and fintech.
- Qualifications: 10+ years in sales with deep payments expertise required.
The predicted salary is between 60000 - 80000 ÂŁ 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.
- Virtual “Onsite” consisting of 4-5, 45 min calls Presentation Round to team Offer!
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…
Equal Employment Opportunity Statement
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. We ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. We do not discriminate on the basis of any protected group status under any applicable law.
Senior Account Executive - EU / UK employer: MQ Referrals Only
Contact Detail:
MQ Referrals Only Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Account Executive - EU / UK
✨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. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with hiring managers or during interviews, make sure to highlight your deep understanding of the payments ecosystem. Share specific examples of how you've navigated complex sales processes in the past – it’ll set you apart from the crowd.
✨Tip Number 3
Be proactive! Don’t just wait for job postings to pop up. Reach out directly to companies you’re interested in, like Marqeta, and express your enthusiasm for their work. A well-timed email can sometimes lead to opportunities that aren’t even advertised yet.
✨Tip Number 4
Prepare for the interview! Research Marqeta’s products and services thoroughly. Be ready to discuss how you can leverage your technical expertise to drive value for their customers. The more you know, the more confident you’ll feel when it comes time to impress the team!
We think you need these skills to ace Senior Account Executive - EU / UK
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 technology. This will help you articulate your experience and how it aligns with the role.
Tailor Your Application: Don’t just send a generic CV and cover letter. Tailor your application to highlight your relevant experience in fintech and complex B2B technology. Show us why you're the perfect fit for this Senior Account Executive role!
Showcase Your Achievements: Use specific examples to demonstrate your sales success and relationship-building skills. Numbers speak volumes, so include metrics that showcase your impact in previous roles.
Apply Through Our Website: We’d love for you to join us! Make sure to apply through our website to ensure your application gets the attention it deserves. We can’t wait to see what you bring to the table!
How to prepare for a job interview at MQ Referrals Only
✨Know Your Payments Ecosystem
Before the interview, make sure you have a solid grasp of the payments ecosystem, especially the issuing side. Brush up on key concepts and recent trends in fintech to demonstrate your expertise and show that you can navigate complex discussions with ease.
✨Articulate Marqeta's Value
Be prepared to explain how Marqeta's technology stands out in the market. Think about specific examples of how its features can benefit potential partners and be ready to discuss these during the interview to showcase your understanding and confidence.
✨Prepare for Complex Sales Scenarios
Since this role involves managing complex sales processes, practice discussing your past experiences with intricate deal structures. Be ready to share examples of how you've successfully navigated negotiations and built relationships with C-suite executives.
✨Showcase Your Problem-Solving Skills
During the interview, highlight your ability to solve problems cross-functionally. Prepare scenarios where you’ve collaborated with different teams to meet customer needs, as this will demonstrate your adaptability and resourcefulness in a dynamic environment.