Modern Treasury

Account Executive - Commercial

San Francisco, California, United States

$60,000 – $100,000Compensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Requirements

Candidates should have at least 3 years of sales experience in closing deals and a BA/BS degree. They must possess the ability to understand Modern Treasury’s API and communicate it effectively to both technical audiences and finance teams. A proven track record in driving consistent activity, pipeline development, and quota achievement is essential, along with superior verbal and written communication, presentation, and relationship management skills. Candidates should thrive in a fast-paced, dynamic environment and be willing to perform tasks outside their traditional job description.

Responsibilities

The Account Executive will engage with various personas across multiple levels of an organization throughout the sales cycle, owning relationships with both inbound and outbound-generated prospects. They will foster relationships with existing commercial customers to ensure value from the partnership and will be responsible for customer renewals and cross-sells. The role involves developing a deep product understanding to articulate how companies can leverage APIs and webhooks to automate workflows and improve customer experience, while partnering with Sales Engineers for technical evaluations.

Skills

Sales
Closing Deals
API Communication
Business Case Development
Relationship Management
Communication (Verbal & Written)
Presentation Skills
Quota Achievement
Technical Communication

Modern Treasury

Payment operations software for enterprises

About Modern Treasury

Modern Treasury specializes in payment operations software designed to enhance the movement of money for large enterprises across various industries such as real estate, healthcare, insurance, education, and financial services. Their software streamlines payment processes by enabling faster transactions, automatic reconciliation of records, and providing real-time financial data, all supported by artificial intelligence. This allows businesses to manage their financial operations more effectively and securely. Unlike many competitors, Modern Treasury focuses on serving large clients with significant transaction volumes, offering a subscription-based software as a service (SaaS) model that ensures continuous access to updates and features. The company's goal is to modernize payment operations and improve the efficiency and security of financial transactions.

Key Metrics

San Francisco, CaliforniaHeadquarters
2018Year Founded
$178.1MTotal Funding
SERIES_CCompany Stage
Fintech, AI & Machine LearningIndustries
51-200Employees

Benefits

Inclusive healthcare package
Unlimited PTO
Paid parental leave
$1k stipend to setup a home office
$500 yearly book stipend
Charitable donation matching
401k

Risks

Increased competition from fintech companies could erode Modern Treasury's market share.
Rapid adoption of instant payment systems may pressure Modern Treasury to innovate continuously.
AI-driven solutions expose the company to risks of biases and errors in financial data.

Differentiation

Modern Treasury automates the full cycle of money movement for large enterprises.
The company offers AI-driven reconciliation to enhance financial workflows and cash visibility.
Modern Treasury provides professional services for tailored payment infrastructure integration.

Upsides

Expansion of instant payments support with six top banks enhances customer experience.
Professional Services offering creates a new revenue stream and strengthens customer relationships.
Inclusion in the 2024 Fintech Innovation 50 list boosts its recognition and appeal.

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