At a Glance
- Tasks: Manage strategic partnerships in the payments industry and drive growth opportunities.
- Company: Join a dynamic fintech company focused on innovative payment solutions.
- Benefits: Enjoy remote work options, health insurance, and tuition reimbursement.
- Why this job: Be part of a collaborative culture that values growth and innovation.
- Qualifications: 3+ years in partnership management or business development in fintech required.
- Other info: Opportunity to work with key players in the payments ecosystem.
The predicted salary is between 36000 - 60000 Β£ per year.
About Verifone
For more than 40 years Verifone has established a remarkable record of leadership in the payment technology industry and is one of the leading and largest providers of payment solutions worldwide.
Verifone has a diverse, dynamic and fast paced work environment in which employees are focused on results and have opportunities to excel. We work with leading retailers, merchants, banks, and third party partners to invent and deliver innovative payments solutions around the world. We strive for excellence in our products and services, and are obsessed with customer happiness. Across the globe, Verifone employees are leading the payments industry through experience, innovation, and an ambitious spirit. Whether itβs developing the next platform of secure payment systems or searching for new ways to bring electronic payments to new markets, the team at Verifone is dedicated to the success of our customers, partners and investors. It is this passion for innovation that drives each one of our employees for personal and professional success.
Verifone is proudly an in-office work culture as we see immense benefits to career development and business results from our colleagues being physically co-located. Currently, we do allow a hybrid work schedule but we regularly revisit our attendance policy.
About The Role
Partner Account Manager, you will play a crucial role in developing and maintaining strategic partnerships with key partners in the payments industry. You will manage relationships, oversee partner performance, identify business opportunities for upgrades and growth, and ensure the success of joint initiatives. Additionally, the team services the SMB customer base so there is a requirement to work on smaller upgrade opportunities within this sector.
Key Responsibilities
- Partner Relationship Management: Establish and maintain strong, long-term relationships with key strategic partners.
- Act as the primary point of contact for partners, ensuring effective communication and providing ongoing support.
- Monitor and manage partner performance to ensure alignment with business goals and KPIs.
- Collaborate with partners to identify and address business needs, solutions, and opportunities for growth.
- Business Development Identify new partnership opportunities within the payments industry and onboard as new partners.
- Conduct market research to understand the competitive landscape, potential partners, and industry trends.
- Work closely with partners to co-develop marketing, sales, and go-to-market strategies.
- Drive the growth and adoption of payment solutions, ensuring partners achieve their revenue and performance targets.
- Partnership Enablement Provide partners with the necessary tools, resources, and training to successfully integrate and sell payment products and services.
- Assist partners with the technical and operational aspects of integration and implementation.
- Collaborate with internal teams (e.g., Product, Marketing, Sales) to ensure partners have the right support for optimal performance.
- Contract And Negotiation Management Negotiate partnership agreements, service level agreements (SLAs), and contract terms with partners.
- Work with legal and compliance teams to ensure partnerships comply with industry regulations and company policies.
- Review contract performance, ensuring both parties meet their obligations and expectations.
- Reporting And Analysis Track and report on the performance of partnerships, including revenue, engagement metrics, and other key performance indicators.
- Provide insights and recommendations to improve partnership performance.
- Use data and analytics to assess the effectiveness of current partnerships and drive optimization.
- Cross-Functional Collaboration Work closely with product, marketing, and customer success teams to align on partnership initiatives and deliver customer-focused solutions.
- Assist in resolving any operational, technical, or customer-related issues raised by partners.
Skills And Experience We Desire
- 3+ years of experience in partnership management, business development, or sales within the payments, fintech, or financial services industry.
- Proven track record of building and managing strategic partnerships that drive revenue growth.
- Knowledge of the fintech landscape, with hands-on experience working with payment processors, banks, ISOs, PSPs, and broader financial ecosystems is highly desirable.
- Deep understanding of business development strategies and relationship management, with a strong commitment to cultivating long-term, mutually beneficial collaborations.
- Skilled in identifying, evaluating, and onboarding new partners while effectively nurturing and expanding existing relationships
- Proficient in using CRM tools such as Salesforce to track pipeline, performance, and partner engagement.
- Highly motivated, adaptable, results-driven, approachable, collaborative, and eager to take on new challenges with energy and focus.
Our Commitment
Verifone is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Verifone is also committed to compliance with all fair employment practices regarding citizenship and immigration status.
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Partner Account Manager employer: Verifone
Contact Detail:
Verifone Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Partner Account Manager
β¨Tip Number 1
Network within the payments and fintech industry. Attend relevant conferences, webinars, and meetups to connect with potential partners and industry leaders. Building relationships in person can give you an edge when applying for the Partner Account Manager role.
β¨Tip Number 2
Familiarise yourself with the latest trends and technologies in the payments sector. Being knowledgeable about current market dynamics will not only help you in interviews but also demonstrate your commitment to the role and the industry.
β¨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed partnerships in the past. Highlight your achievements in driving revenue growth and how youβve navigated challenges, as this will showcase your suitability for the position.
β¨Tip Number 4
Showcase your proficiency with CRM tools like Salesforce. Be ready to explain how you've used these tools to track performance and manage partner relationships effectively, as this is a key requirement for the role.
We think you need these skills to ace Partner Account Manager
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in partnership management, business development, or sales within the payments or fintech industry. Use specific examples that demonstrate your ability to build and manage strategic partnerships.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the payments industry and your passion for developing strategic partnerships. Mention specific achievements that align with the job description, such as successful negotiations or growth initiatives you've led.
Highlight Relevant Skills: Emphasise skills that are crucial for the role, such as relationship management, negotiation, and data analysis. Provide examples of how you've used CRM tools like Salesforce to track performance and drive results in previous roles.
Showcase Your Industry Knowledge: Demonstrate your knowledge of the fintech landscape in your application. Discuss current trends, challenges, and opportunities in the payments industry, and how you can leverage this knowledge to benefit the company and its partners.
How to prepare for a job interview at Verifone
β¨Showcase Your Relationship Management Skills
As a Partner Account Manager, your ability to build and maintain relationships is crucial. Be prepared to share specific examples of how you've successfully managed partnerships in the past, highlighting your communication skills and ability to resolve conflicts.
β¨Demonstrate Industry Knowledge
Familiarise yourself with the payments industry and current trends. During the interview, discuss your understanding of the fintech landscape and how it relates to potential partners. This will show that you're not just interested in the role but also invested in the industry.
β¨Prepare for Negotiation Scenarios
Since contract and negotiation management is a key part of the role, be ready to discuss your experience with negotiating agreements. You might even be asked to role-play a negotiation scenario, so think about your strategies and approaches beforehand.
β¨Highlight Your Data-Driven Approach
The role involves tracking performance metrics and using data for decision-making. Be prepared to talk about how you've used data analytics in previous roles to drive partnership success and improve performance. This will demonstrate your analytical skills and results-driven mindset.