Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Full-Time
  • Salary: (Not specified)
  • Description: You will work directly with the VP of Revenue and the CEO to cultivate key relationships and close new partners, leveraging your strong network within the bank and credit union industry to drive ModernFi’s growth. You will have impact and responsibility from day one, building new relationships, bringing new banks and credit unions onboard, and working directly with the firm’s existing partners to ensure client success. Your work will directly impact ModernFi’s mission to empower financial institutions with innovative deposit solutions while shaping the trajectory of the company and its client-focused culture.

Requirements

  • Experience: 5+ years in sales, relationship management, or partnerships, specifically focused on banks and credit unions.
  • Network: Proven ability to cultivate and leverage strong relationships within the bank and credit union ecosystem.
  • Industry Knowledge: Experience working as an account executive or in partnerships in finance, banking, or technology.
  • Soft Skills: High EQ, trustworthy, and calm under pressure.

Responsibilities

  • Leverage your network to establish and deepen relationships with banks and credit unions, positioning ModernFi as a trusted partner.
  • Meet or exceed revenue and booking goals with bank and credit union partners.
  • Serve as the primary advocate for bank and credit union partners, maintaining high-quality, frequent contact to ensure their success and satisfaction.
  • Maintain exceptional organization around client databases, calendars, and CRM utilization, while establishing best practices for bank and credit union engagement and sales.

Application Instructions

About Us

  • Company Culture: ModernFi values competence and drive over experience, seeking compassionate people with a diverse set of backgrounds. We appreciate technical ability, dedication, and humble confidence. Above all, we value respect – respect to our colleagues, our clients, our partners, and to ourselves.
  • Equity & Benefits: Offers generous salary, unlimited PTO, and premium health, dental, and vision insurance. As an early hire, you will have access to significant equity and commission at a critical stage of the company’s growth.

Additional Information

  • Focus: The hiring process is focused on cultural and personality fit.

Skills

Relationship Management
Sales
Networking
Banking
Credit Unions
Partnerships
CRM Utilization
Client Advocacy

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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