Full-Time

Territory Account Executive

Updated on 3/14/2025

Block

Block

10,001+ employees

Financial services and payment processing solutions

Compensation Overview

$123.4k - $223.1kAnnually

+ Target Variable Compensation

Mid, Senior

Chicago, IL, USA

This is a field position requiring the candidate to live in the market they are serving.

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Salesforce
Requirements
  • 3+ years of sales experience in a full cycle closing role; ideally with field sales experience
  • 2+ years of payment processing OR related technology (i.e. payroll, loyalty, time management)
  • 1+ years of relevant audience experience (experience working in/selling to restaurants, retailers or services based businesses)
  • Experience exceeding sales targets, selling a diverse ecosystem of products, and closing complex deals
  • Ability to drive deals independently in a fast-paced, dynamic environment
  • Business development experience (e.g. hunting and cold calling)
  • Since this is a field position, you must have reliable transportation and live in the market you are serving
  • BA/BS degree or relevant experience
  • A collaborative and team player mentality
  • Prior Salesforce experience or equivalent
Responsibilities
  • Sell into your market in-person. You will sell face to face 80% of the time to source leads, perform discovery and demos to generate interest and close deals selling our Square ecosystem
  • Get to know the active Square Sellers within your community - keep a pulse on their account health and partner with account management and customer support, and generate referrals
  • Engage and partner with onboarding teams to ensure Sellers are implemented successfully
  • Build a sustainable, top of funnel pipeline through a combination of tactics - walking your city and performing 50-60 drop-ins a week to prospective sellers, create a referral channel with active Square sellers, strategic partnerships or local community associations
  • Develop a strong on-hands skill of demo and onboarding of Square hardware and software solutions
  • Work with our channel sales team to identify complementary partners in your market for referrals and build that referral channel
  • Cultivate a deep understanding of the business and technology needs of our primary vertical markets (restaurants, retail and services)
  • Achieve and exceed monthly sales goals and key performance indicators (KPIs) - we are big on metrics
  • Utilize Salesforce to track, monitor, and report on sales activities, pipeline status, and outcomes
Desired Qualifications
  • Familiarity with restaurant, retail or services operations preferred

Block Inc. focuses on providing a wide range of financial services through its various products. The main product, Square, offers tools for point-of-sale systems and payment processing, specifically designed for small businesses to manage transactions efficiently. The Cash App allows users to send money to each other, invest in stocks, and buy Bitcoin, all while providing a customizable debit card for easy access to funds. Block also ventures into the music streaming industry with TIDAL and works on enhancing Bitcoin's utility and security through projects like Spiral and a dedicated hardware wallet. What sets Block apart from its competitors is its diverse ecosystem that integrates various financial services, making it easier for users to manage their finances in one place. The company's goal is to create a seamless and comprehensive financial experience for individuals and businesses alike.

Company Size

10,001+

Company Stage

IPO

Headquarters

Oakland, California

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased digital wallet adoption boosts demand for Block's Cash App services.
  • DeFi platforms offer Block opportunities to integrate blockchain into financial services.
  • Cryptocurrency acceptance growth allows Block to leverage its Bitcoin and crypto services.

What critics are saying

  • Block faces regulatory scrutiny and fines for AML and compliance failures.
  • Class-action lawsuit over compliance issues threatens Block's financial stability.
  • BNPL integration with Afterpay exposes Block to credit risk and regulatory challenges.

What makes Block unique

  • Block integrates diverse services like payments, music streaming, and Bitcoin initiatives.
  • Cash App's Afterpay partnership enhances its BNPL offerings, differentiating it from competitors.
  • Block's focus on financial super apps aligns with market trends towards integrated platforms.

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Benefits

Remote Work Options

Health Insurance

Flexible Work Hours

Family Planning Benefits

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

4%
PYMNTS
Mar 17th, 2025
Cash App Gives Users Bnpl Options With Afterpay Partnership

Mobile payments provider Cash App says it has formed a pay later partnership with Afterpay. Beginning this week, Cash App customers will have access to Afterpay’s buy now, pay later (BNPL) offering when shopping online at Cash App partner merchants, the companies said in a Monday (March 17) news release. To mark the collaboration, the companies have formed an “evolved brand,” Cash App Afterpay, with a new logo for their checkout to “expand access to a seamless pay over time experience,” the release added

PYMNTS
Mar 14th, 2025
Square Financial Services To Service And Originate Cash App Borrow Loans

Block said Thursday (March 13) that its industrial bank, Square Financial Services (SFS), received approval from the Federal Deposit Insurance Corp. (FDIC) to offer the company’s consumer loan product Cash App Borrow. SFS will begin servicing and originating Cash App Borrow loans nationwide in the coming weeks, replacing Block’s current external bank partner, Block said in a Thursday press release. Cash App Borrow provides small, short-term consumer loans — typically less than $100 and about one month in duration — to Cash App customers in a simple and accessible way that includes making payments within Cash App, according to the release

PYMNTS
Mar 13th, 2025
Why Cfos Considering Stablecoins And Crypto Need A Cybersecurity Strategy

Another day, another push by cryptocurrency into mainstream financial services. BNY is reportedly handling additional services for the USDC stablecoin issuer Circle, while in Brazil, online-only bank Stark Bank is reportedly aiming to serve the country’s crypto startups. From Block and Strategy’s high-profile bitcoin holdings to small businesses testing stablecoin transactions, cryptocurrency is weaving its way into corporate finance, with digital assets now being integrated into corporate treasury strategies, cross-border transactions and payment processing

Yahoo Finance
Mar 10th, 2025
Block, Inc. (NYSE:XYZ)

The stock is down significantly so far in 2025 as Block is facing a class-action lawsuit over allegations of compliance failures.

PYMNTS
Feb 24th, 2025
Platforms Use Cards And Deposits To Become Alternatives To Traditional Banks

FinTechs — especially platforms — are capitalizing on the continued buildout of digital solutions and products, including cards, to give consumers an alternative to traditional banks. In doing so, and by offering a continuum of financial services, Block, Affirm, SoFi and PayPal, and are moving beyond the confines of commerce to become, in essence, banks themselves. The latest earnings reports from these firms underscore the increased use of cards, buy now, pay later (BNPL) and direct deposit activity tied to a single point of access (an app) that keeps customers transacting not only with merchants on the platforms, but off the platforms as well