Mercury

Account Executive - eCommerce

New York, New York, United States

$134,600 – $168,200Compensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Fintech, E-commerceIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Full-time
  • Salary: $134,600 - $168,200 (Ranges vary based on location and experience)

Mercury is seeking an eCommerce Sales Executive to help grow its customer base within the eCommerce segment. This role involves partnering with eCommerce founders to understand their banking and cash flow needs, leveraging financial tools and credit products, and driving new business opportunities.

Requirements

  • Bachelor's degree or equivalent.
  • 1+ year of experience closing deals as an Account Executive.
  • Comfortable working with a high-velocity sales pipeline.
  • Experience working with eCommerce companies (preferred, not required).
  • Ability to build and execute on a sales pipeline autonomously.
  • Understanding of good sales discovery practices.
  • Strong product sense.
  • Ability to work well as part of a team and uplevel teammates.
  • Clear and precise communication skills.
  • Enjoyment of learning about companies with complex business challenges.
  • Passionate about fintech and e-commerce.
  • Experience with the MEDDICC sales methodology (preferred, not required).

Responsibilities

  • Prospect, qualify, and close new opportunities on Mercury’s product suite.
  • Be an expert in self-sourcing highly qualified pipeline.
  • Conduct high-velocity sales cycles with in-depth discovery.
  • Partner cross-functionally with an SDR.
  • Identify strong eCommerce brands and learn about their operations.
  • Quickly learn internal tools and processes to manage a large pipeline.
  • Work with underwriters to craft compelling capital offers (when applicable).
  • Work with the Relationship Management team to onboard complex customers.
  • Proactively identify opportunities to introduce new products like the credit card, working capital, and treasury solutions.
  • Work with the partnerships team to open new channels that drive users to Mercury.
  • Translate customer needs into prioritized product development.

Application Instructions

  • [Instructions to follow would be added here if available]

Company Information

  • Company: Mercury (a financial technology company, not a bank)
  • Banking Services Provided By: Choice Financial Group, Column N.A., and Evolve Bank & Trust, Members FDIC.
  • Total Rewards: Base salary, equity, and benefits.
  • Salary & Equity Ranges: Highly competitive within the SaaS and fintech industry, updated regularly based on compensation survey data. Offers are based on experience, expertise, location, and internal pay equity.
    • US Employees (NYC, LA, Seattle, Bay Area): $134,600 - $168,200

Skills

Sales
Pipeline Management
eCommerce
Fintech
MEDDICC
Customer Discovery
Product Knowledge
Communication
Team Collaboration
Business Development
Underwriting
Partnership Development

Mercury

Banking services for startups and founders

About Mercury

Mercury provides banking services specifically designed for startups, regardless of their size or stage of development. Their offerings include free checking and savings accounts, debit and credit cards, and options for domestic and international wire transfers, as well as treasury and venture debt services. The platform is user-friendly, allowing founders to manage their finances with ease. What sets Mercury apart from traditional banks is its focus on the startup community, offering programs that connect founders with valuable resources and advice to help them succeed. The goal of Mercury is to empower startups by providing them with the financial tools and support they need to grow and thrive.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$146.8MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health, dental, & vision
Custom equipment setup
401(K) matching
12+ weeks paid parental leave
Book budget
Wellness benefits
Grocery budget
Paid lunch
Personalized callsign
Unlimited vacation policy (with mandatory minimum)

Risks

Mercury's decision to stop serving certain countries may lead to customer loss.
Integration challenges from the Teal acquisition could disrupt services.
Expansion into consumer banking might divert focus from core startup services.

Differentiation

Mercury offers both business and personal banking services, unlike many fintech competitors.
The company provides integrated financial management tools, enhancing startup operational efficiency.
Mercury's Raise program connects startups with investors, mentors, and other founders.

Upsides

Mercury secured a $100 million credit warehouse to expand its credit card business.
The acquisition of Teal enhances Mercury's financial management offerings for startups.
Mercury Personal expands market reach by attracting tech-savvy individuals.

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