[Remote] Account Executive at ModernFi

Remote

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, FintechIndustries

Skills

Key technologies and capabilities for this role

Relationship ManagementSalesNetworkingBankingCredit UnionsPartnershipsCRM UtilizationClient Advocacy

Questions & Answers

Common questions about this position

Is this position remote?

Yes, this is a fully remote position.

What is the salary for this Account Executive role?

The job description states that salary is not specified, but mentions a generous salary along with equity and commission.

What benefits are offered?

Benefits include unlimited PTO, premium health, dental, and vision insurance, significant equity, and commission.

What experience and skills are required for this role?

Candidates need 5+ years in sales, relationship management, or partnerships focused on banks and credit unions, a strong network in that ecosystem, industry knowledge in finance/banking/technology, and soft skills like high EQ, trustworthiness, and staying calm under pressure.

What is the company culture like at ModernFi?

ModernFi values competence and drive over experience, seeking compassionate people with diverse backgrounds, technical ability, dedication, humble confidence, and above all, respect for colleagues, clients, partners, and themselves. The hiring process focuses on cultural and personality fit.

ModernFi

Advisory services for funding markets management

About ModernFi

ModernFi focuses on funding markets and asset liability management in the banking sector by allocating funds to FDIC-member banks. It serves institutional clients, providing insights and strategies to help them manage funding needs and optimize balance sheets. Unlike traditional banks, ModernFi does not offer deposits but simplifies complex financial processes through advisory services and educational materials. The company generates revenue through various fees, aiming to add value by helping clients navigate financial market complexities.

New York City, New YorkHeadquarters

2022Year Founded

$26.9MTotal Funding

SERIES_ACompany Stage

Fintech, Financial ServicesIndustries

11-50Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Company Equity

Risks

Increased competition from fintech companies may erode ModernFi's market share.

Technical challenges with Q2 integration could affect client satisfaction and adoption.

Regulatory scrutiny may increase compliance costs and operational challenges for ModernFi.

Differentiation

ModernFi offers a fully integrated, API-driven deposit network for financial institutions.

The company provides extended deposit insurance through program institutions, enhancing depositor security.

ModernFi's solutions simplify complex financial instruments for institutional clients, aiding compliance.

Upsides

Integration with Q2's platform enhances ModernFi's digital banking capabilities and client reach.

Partnerships with credit unions expand ModernFi's market presence and deposit network.

Recognition as a top fintech innovator boosts ModernFi's credibility and market appeal.

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