Account Executive - Financial Institutions

Posted 8 Days Ago
Be an Early Applicant
Brentwood, TN
100K-120K Annually
Senior level
Fintech • Software • Financial Services • Cybersecurity
Ncontracts helps financial institutions navigate the costly and complicated compliance environment.
The Role
The Account Executive will focus on selling compliance and risk management solutions to financial institutions. Responsibilities include identifying leads, conducting consultative meetings with executive decision-makers, managing the sales funnel, and consistently achieving sales targets. The role requires a strong understanding of vendor management and compliance processes within the financial services sector.
Summary Generated by Built In

Account Executive - Financial Institutions
Remote | Sales | Full-Time 

WHO WE ARE 

Ncontracts provides comprehensive vendor, compliance, risk management, and lending compliance solutions to a rapidly expanding customer base of over 4,000 financial institutions in the United States. We help financial institutions achieve their compliance and risk management goals with a powerful combination of user-friendly, cloud-based software and expert services. Our solution suite encompasses the complete lifecycle of risk, including vendor management, enterprise risk management, business continuity, compliance, audit and findings management, and cybersecurity. The company was named to the Inc. 5000 fastest-growing private companies in America for the fifth consecutive year. For more information visit www.ncontracts.com or follow the company on LinkedIn and Twitter. 

THE ROLE
We are currently seeking an experienced Account Executive to join our growing Sales Team! You will have 5+ years of software sales experience in the financial services industry. In this role, you will be a hands-on direct sales executive with a specified territory within the United States, interfacing with key VP and C-Suite decision-makers in financial institutions, utilizing a consultative and collaborative selling approach. You will be focused on driving deep engagement at your accounts to understand their approach to Vendor Management, Risk Management, and Compliance. It will be your job to find opportunities and ultimately sell the right product, to the right customer at the right time. 
 
YOU WILL

  • Identify new opportunities and proactively develop leads within the compliance and risk management functional area of financial institutions. 

  • Lead well-informed and consultative meetings with senior level executives at financial institutions, demonstrating the business value of our products resulting in incremental revenue growth. 

  • Develop and execute strategies to grow a pipeline of deals within a territory, working to grow the organizational revenue of the organization. 

  • Manage qualified opportunities through the stages of the funnel from sell-in to contracting and onboarding, leveraging key stakeholders across the organization to successfully win new business. 

  • Demonstrate exceptional CRM (Salesforce.com, Gong, etc) hygiene to provide up to date and accurate ongoing forecasts 

  • Set initiatives for yourself and with your Business Development Representative that include targeting existing and new financial institutions to create new opportunities

  • Prepare sales proposals, using independent judgment and discretion to determine services, based on client needs, to highlight for prospective clients during demonstrations 

  • Set and conduct in-person meetings with VP and C-level executives, successfully articulating and communicating solution value, and managing the complete sales cycle.

  • Grow revenue within new and existing accounts by identifying sales opportunities and successfully seeing them through the contracting process using your independent judgement and discretion. 

  • Consistently achieve or exceed the target sales projections.

  • Demonstrate our core values in how you work (results, collaboration and delivering excellence), contributing to our employer brand as a “best place to work”

 
YOU BRING 

  • Successful, self-motivated, results and data-driven sales representative, with 5+ years of SaaS sales experience

  • Excellent verbal and written communication skills, particularly with sales communications with a proven ability to effectively make outbound cold calls to prospects and existing customers. 

  • Persuasive in dynamic situations; actively listening and gaining clarification, responding well to questions in real time and demonstrating exceptional group presentation skills; 

  • Experience selling into or providing services to financial or banking institutions

  • Experience selling SaaS software solutions 

  • Domain experience with GRC (Governance, Risk and Compliance) software or related fields 

  • Ability to travel as needed

  • Use of independent judgment and discretion based upon your experience and expertise.

  • Experience in utilizing salesforce.com (CRM) to track sales progress for deals through the pipeline 

  • Growth experience/ability to be hands-on and use independent judgement in a high-growth software company environment

  • Experience presenting to C- level executives in a consultative selling approach

 
BONUS POINTS

  • Bachelors Degree; SaaS, Finance, Economics, or related field preferred 

  • Experience selling software to banks and credit unions with an ASP between $10,000 - $100,000 (ACV) 

  • Experience performing solutions sales cycles leveraging a team sales approach including yourself, your sales manager, & presales subject matter experts. 

WE OFFER 

  • A fun, fast-paced work environment 

  • Responsible PTO Plan that meets or exceeds state and local medical and family leave laws 

  • 11 paid holidays 

  • Community and social events to keep you connected and engaged 

  • Mental Health Benefits 

  • Medical, Dental and Vision insurance 

  • Company-paid Group Life Insurance, Short- and Long-Term Disability 

  • Flexible Spending Account & Health Savings Account 

  • Aflac Benefits – Critical Illness, Cancer Protection, & Hospital Choice 

  • Pet Insurance 

  • 401 (k) with company match with eligibility on Day 1 of employment 

  • 2 Paid Volunteer Time Off Days 

  • And much more! 

Compensation Information 

Pursuant to state and local law disclosure requirements, the pay range for this role, with final offer amount dependent on education, skills, experience and location is $100,000 to $120,000 per year with a commission potential equal to your base pay.

AAP/EEO Statement 

Ncontracts provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. 

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. 

Other Duties 

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. 

Top Skills

Sales
The Company
HQ: Brentwood, TN
295 Employees
On-site Workplace
Year Founded: 2009

What We Do

Ncontracts provides integrated risk management and lending compliance software to a rapidly expanding customer base of over 4,000 financial institutions, fintechs, and mortgage companies in the United States. The company’s powerful combination of software and services enables financial institutions to achieve their risk management and compliance goals with an integrated, user-friendly cloud-based solution suite that encompasses vendor risk, organizational risk, audit risk, and lending compliance management. For more information visit www.ncontracts.com.

Why Work With Us

Ncontracts was again recognized by Inc. Magazine as one of Inc. 5000's America’s fastest growing companies in the United States in 2022. This is our fourth consecutive growth award, and we continue to flourish, even amid these challenging times.

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