Marqeta

Key Account Manager

United States

Marqeta Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Requirements

Candidates typically require a minimum of 12 years of related experience with a Bachelor’s degree, demonstrating strong organizational skills, a proactive and self-starter attitude, and a curious approach to learning. They should possess strategic connector skills, building relationships and navigating internal teams effectively, and a fascination with FinTech and the payments industry. Strong skill-sets working with Microsoft Excel and Google Sheets (pivot tables, VLOOKUPs, IF statements, SUMIFs, etc.) are also required.

Responsibilities

As a Key Account Manager, responsibilities include managing strategic accounts, focusing on relationship-building, revenue growth, and addressing customer needs through insightful solutions and data-driven strategies. This involves collaborating with cross-functional teams to provide exceptional client service, identifying upsell and cross-sell opportunities, maintaining and growing revenue, ensuring partnership and programs are running smoothly, creating customer-centric content, performing in-depth analysis to identify trends, and developing high-impact presentation materials for QBRs and executive briefings. The role also entails streamlining processes and contributing to business and process improvements while serving as a trusted leader to customers and navigating the payments landscape.

Skills

Account Management
Customer Relationship
Revenue Growth
Cross-Sell
Upsell
Client Service
Data-Driven Strategies
Cross-Functional Collaboration
Project Ownership
Industry Knowledge (Payments/Fintech)

Marqeta

Card issuing and payment processing solutions

About Marqeta

Marqeta provides modern card issuing and payment processing solutions in the fintech sector. Its platform allows businesses to create, issue, and manage payment cards tailored to their specific needs, such as expense management and consumer payments. The service operates through an open API, enabling clients to integrate Marqeta's capabilities into their own applications. This flexibility sets Marqeta apart from competitors, as it caters to a diverse range of clients, including financial institutions and tech companies. The company generates revenue primarily through transaction fees each time a card is used, along with potential setup and service fees. Marqeta's ability to quickly adapt to the growing demand for digital payments, especially during the COVID-19 pandemic, has contributed to its significant presence in the market.

Key Metrics

Oakland, CaliforniaHeadquarters
2010Year Founded
$526.5MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Medical, dental, & vision coverage
Flexible time off
Paid family leave
Pet insurance
401k match
Equity
Monthly stipends
Company recognition & awards
Employee Stock Purchase Program

Risks

Class action lawsuit may harm Marqeta's reputation and investor confidence.
Increased regulatory scrutiny could raise compliance costs for Marqeta.
EWA platforms might disrupt Marqeta's traditional card issuing model.

Differentiation

Marqeta's open API platform allows for highly customizable payment solutions.
The company operates in 40 countries, offering a global card issuing platform.
Marqeta's cloud-based infrastructure enables instant access to scalable payment systems.

Upsides

Partnership with Slope taps into the growing Buy Now, Pay Later market.
Demand for flexible working capital solutions boosts Marqeta's embedded finance offerings.
Smarter AI models enhance Marqeta's payment processing capabilities.

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