Senior Account Executive
storm2Denver, CO
Senior Account Executive
storm2Denver, COSenior L5
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and TravelSales and Related Workers, All OtherSales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products
Financial Transactions Processing, Reserve, and Clearinghouse ActivitiesOther Activities Related to Credit IntermediationCustom Computer Programming Services
APPLY NOWSenior Account Executive, Platform Partnerships Remote (US) · Full-cycle new business · $175k base / $350k OTE + equity
The opportunity:
Most vertical software platforms are leaving the majority of their payments revenue on the table. They either haven't monetised payments at all, or they signed a processor years ago and never built a programme around it. Attach rates sit in the teens when they should be north of 70%.This is an embedded payments business built for those platforms specifically. The whole stack, onboarding, underwriting, pricing, reporting, is designed around how a software company actually monetises payments, with the regulatory and risk burden carried on the provider side rather than pushed onto the platform. What you'll own Full cycle new business into vertical software platforms, most of them private equity backed Target accounts processing anywhere from $50m to well over $1bn in annual volume Building the commercial case with CEOs, CROs and CFOs, and defending it in front of their board or sponsor Modelling the payments P&L for a platform that has never had one, and showing them what the revenue line looks like at 30%, 50% and 80% attach Structuring the economics: pricing, revenue share, and the migration path off whoever they're with today Working alongside the payments team who take the platform from signature to live What they're looking for World class Software Sales Experience. Preferred if you've sold payments into software platforms, ISVs or ERPs, and you know why that sale is different to selling merchant services You're comfortable in a twelve month cycle with multiple stakeholders, a technical evaluation and a sponsor who wants to see the model You can hold your own on interchange, payfac economics, underwriting and the difference between a managed and a fully registered programme You've carried a new logo number and hit itYou want to sell something where the revenue compounds after the deal closes rather than resetting every January Why this one The category is early and the whitespace is enormous. A single platform win can be worth more than a full year's quota at a traditional processor, and because you're paid on volume rather than on signature, the book you build keeps paying as those platforms grow. There's real equity on the table, and the leadership team have built and sold a payments business before, so they know what the end of this looks like.
Matching similar jobs
Level
Senior L5
Location
Denver, CO
Occupation
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Industry
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Posted
6 days ago