Full-Time

Account Executive

Auto Retail

Confirmed live in the last 24 hours

Upstart

Upstart

1,001-5,000 employees

AI lending marketplace connecting consumers and banks

Consumer Software
Fintech

Compensation Overview

$201.4k - $249.6kAnnually

+ Bonus + Equity Compensation

Senior

Austin, TX, USA

Requires in-office presence in Austin, TX for three days per week.

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Requirements
  • 5+ years of experience in full cycle sales at either a leading auto dealership solution company or a leading B2B application solution company
  • Proven track record hitting and exceeding aggressive sales targets
  • Ability to engage with businesses at all points of the sales cycle, including prospecting, product demonstrations, onboarding, and close
  • Ability to persuasively sell both remotely and in-person for more complex deals
  • Strong communication, effective problem-solving, networking and excellent presentation skills
  • Based locally in Austin and able to work from the Austin office 3 days a week
  • Ability to manage extended teams consisting of sales engineers, dealer success managers, lending specialists and customer success team
  • Responsible for generating sales opportunities via prospecting and outreach both individually and leveraging a broader demand generation team including sales development representatives
  • Delivers compelling presentations and support pre-sales product demonstrations to prospects and customers
Responsibilities
  • Engage with dealerships in your assigned territory to introduce and promote our digital retail platform.
  • Develop and manage relationships with dealership stakeholders, ensuring alignment with their sales goals and objectives.
  • Lead product demonstrations and discussions to showcase the platform’s capabilities, addressing customer needs and questions.
  • Collaborate closely with internal teams, including Sales Engineering and Dealer Success, to support smooth onboarding and integration for new clients.
  • Track and exceed sales targets, consistently working towards monthly quotas.
  • Identify opportunities for growth, proactively finding ways to expand the platform’s reach within the territory.

Upstart connects consumers with banks and credit unions through its AI-driven lending marketplace. The platform uses advanced AI models to assess borrowers' creditworthiness, allowing lenders to approve more loans at lower rates without bias based on race, age, or gender. Borrowers benefit from a digital-first experience, with over 80% receiving instant approval without needing to provide documentation. Upstart offers various financial products, including personal loans, automotive loans, home equity lines of credit, and small-dollar relief loans. What sets Upstart apart from its competitors is its focus on using AI to enhance the lending process, making it faster and more accessible. The company's goal is to improve access to credit for all consumers while ensuring a fair lending process.

Company Stage

IPO

Total Funding

$132M

Headquarters

San Mateo, California

Founded

2012

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-5%

2 year growth

-16%
Simplify Jobs

Simplify's Take

What believers are saying

  • Upstart's Model 15.0 shows a significant 15% improvement in accuracy, indicating strong technological advancements.
  • The company's expansion into home equity lines of credit (HELOC) opens new revenue streams and market opportunities.
  • Partnerships with credit unions like Diamond, Seattle, and Kaua'i Federal Credit Unions highlight Upstart's growing influence in the financial sector.

What critics are saying

  • Upstart has faced significant funding challenges, leading to layoffs and potential instability.
  • The company's stock has experienced a dramatic 94% plunge, raising concerns about its financial health.

What makes Upstart unique

  • Upstart leverages advanced AI algorithms to offer personalized lending solutions, setting it apart from traditional lenders.
  • The company's Recognized Customer Personalization (RCP) tool allows banks to customize loan offers, enhancing customer satisfaction and engagement.
  • Upstart's partnerships with multiple credit unions demonstrate its ability to integrate seamlessly into existing financial ecosystems.

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