Account Executive, Account Expansion / Growth

Posted 4 Days Ago
Be an Early Applicant
New York, NY
200K-250K Annually
Senior level
Fintech • Information Technology • Software
Our Mission is to unleash the potential of private capital markets for entrepreneurs around the world.
The Role
The Account Executive role focuses on expanding and managing a territory of sell-side investment banks by utilizing Axial's deal marketing tools. Responsibilities include mastering the Axial platform and effectively engaging members through various communication methods to drive growth and gather member feedback for product enhancement.
Summary Generated by Built In

About Axial

Axial is the trusted online M&A sourcing platform for professional acquirers and sellers of privately held small businesses. Our mission is to unleash the potential of private capital markets for the benefit of all entrepreneurs. To pursue this mission, we have built a pioneering digital transaction platform that radically improves the speed, confidentiality and success by which small businesses hire M&A advisors and achieve successful exits. 

In 2024, over 10,000 SMBs pursued M&A via the platform, leading to over 1,000,000 platform connections, 75,000+ signed NDAs, and hundreds of millions of dollars in successfully closed transactions (https://www.axial.net/closed-deals/).

What will you be doing?

The Account Executive, Account Expansion  (Investment Banking Coverage) role is a hybrid hunter / farmer role organized around both expanding and serving a territory of sell-side investment banks. Your objective is to grow your territory’s active healthy member count by selling Axial’s sell-side deal marketing and business development tools and solutions.

The path to outperformance in this role is unlocked by mastering the Axial product, mastering the talk tracks that effectively communicate the value of the Axial platform in conversations with members, and consistently executing the right account outreach, connected call, and follow-up motions. You will be actively supported, developed, and coached in each of these areas.

Responsibilities:

  • Master the Axial suite of deal marketing product capabilities and the strategic and tactical talk tracks that build trust with our prospective and active member investment banks
  • Drive growth in your territory’s usage of the Axial platform, measured in both breadth and depth, by methodically engaging in a proactive, targeted and professional set of account expansion and management motions (email, phone, zoom, and in-person meetings)
  • Leverage Axial's sell-side partnership program to deepen existing relationships and enhance our working relationships with Axial's most productive set of sell-side members
  • Be a consistent and thoughtful voice delivering member feedback and product improvement opportunities internally. Communicate member feedback to the organization to help drive the company’s product and member experience strategies and priorities

Qualifications:

  • 7-10 years of quota-carrying experience in B2B sales / account management 
  • Prior exposure and sales experience in or around investment banking or private equity is a strong plus
  • Exceptionally strong written and oral communication skills
  • Credible and demonstrated experience in building a career in B2B sales/account management
  • Referenceable history of achieving increasing levels of excellence in personal or professional settings

Working at Axial:

We are a small, tight-knit, and mission-aligned team (currently 45+ employees with an average tenure of 3.5+ years). You’ll have the opportunity to have a direct impact on the growth of the company. We have a comfortable and fully functional office in Manhattan on 30th and Park and NYC-based employees are in the office at least 3 days a week (Tues, Wed, Thur). The atmosphere is collegial, and the office is open, inviting, and full of accommodations (kitchen, snacks, coffee, adult beverages, relaxing spaces, games galore, and an upright piano). 

At Axial you will also enjoy:

  • Working with a great team of smart, motivated people 
  • Robust medical, dental and vision insurance, paid for by Axial at nearly 100% 
  • 401k program
  • Flexible vacation policy (we urge employees to take a minimum of 15 days)
  • Paid Parental Leave Policy
  • Monthly Health & Wellness stipend
  • Pre-tax commuter program

Axial Values:

  • Expect and Deliver Excellence - you do high-quality work consistently, and you expect it from your colleagues as well
  • Be an Owner - you have the personal maturity and accountability to take ownership for your work, to operate with transparency, and to focus on delivering results
  • Obsess over Member Trust - you work in a way that helps Axial consistently earn, grow and keep member trust
  • Communication Matters - you deliberately focus on being an excellent communicator and collaborator with your teammates and with members
  • Invent and Simplify - you are creative and curious, always looking for better ways to materially improve the quality and scalability of the member experience

Compensation:

The posted salary range represents the total On-Target Earnings (OTE) for this role, which includes both base salary and target incentive compensation. A candidate's final compensation package will be determined based on several factors, including the candidate’s primary work location, skills, years of experience, market conditions, and internal parity. 

Your Career Path at Axial (and Beyond)

Successful members of the GTM team have gone on to pursue a variety of professional opportunities both internally and externally. Internally, they’ve gone on to roles in sales leadership, customer success leadership, product management, and business operations and people operations. Outside of Axial, they have started companies, launched search funds, taken on roles in private equity and investment banking, or pursued sales and leadership opportunities at other high-growth private companies.

NY Pay Range

$200,000$250,000 USD

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The Company
New York City, NY
30 Employees
Hybrid Workplace
Year Founded: 2009

What We Do

Axial (axial.net) operates the largest marketplace on the internet for buying, selling, and financing American small businesses (businesses with $5M-$100M in revenues).

Over 20,000 professional investors, M&A advisors and CEOs use Axial's tools, data, and marketplace to source, manage and execute small business M&A transactions. Axial members have closed over 2,500 deals since 2010, amounting to more than $25 Billion in closed transaction volume.

Market Overview

At the core of the US economy are "lower middle market" businesses - businesses generating $5M to $100M in revenue. In the US alone, there are over 350,000 companies in this size range. These small businesses are neither large enough to go public, nor are they able to attract great advice from national or global investment banks. In addition, the wholesale absence of reliable data on transactions and market participants has made this the most broken underperforming segment of private capital markets.

Axial is transforming the status quo in this capital market, providing companies, their trusted advisors, and their capital partners with high quality purpose-built tools, unique data, and marketplace infrastructure.

Below are the values we subscribe to as a company:

-- Obsess Over Member Trust: Your daily choices reflect your awareness that we facilitate vital life-altering transactions. You take this responsibility seriously and it’s top of mind.

-- Expect and Deliver Excellence: You demonstrate consistency so that your colleagues feel confident partnering and relying on you. You demonstrate a personal commitment to continuous improvement.

-- Communication Matters: You are concise and articulate in your communication, external or internal. You listen well and genuinely.

-- Invent and Simplify: You are open-minded, looking for great new ideas that can elevate and even transform the member experience. You find novel ways to simplify complex status quos.

-- Be an Owner: You think about the long-term effects of your decisions. You invest real time in building relationships with your colleagues.

Why Work With Us

We are a small and tight-knit team (currently 25 employees), and you’ll have the opportunity to have a direct impact on the the company.

At Axial you will also enjoy:

-- Robust medical, dental and vision insurance, paid for by Axial
-- 401k program
-- Unlimited vacation
-- Health & Wellness reimbursement program
-- Pre-tax commuter program

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