Full-Time

Account Manager

Posted on 9/24/2024

ComplyAdvantage

ComplyAdvantage

201-500 employees

Provides AML data and compliance solutions

Fintech
Financial Services

Compensation Overview

$130kAnnually

Junior, Mid

New York, NY, USA

Requires in-office presence for two days a week.

Category
Strategic Account Management
Sales & Account Management
Requirements
  • Minimum of 2+ years relevant experience in expansion and retention of accounts ideally from a cloud/SaaS solution for the financial services industry/regtech industry
  • Alternatively we want to see a demonstrable track record in managing a portfolio within a B2B sales environment - we want to speak with individuals that can demonstrate self-sufficient success and the ability to manage high-value accounts.
  • An understanding of solution/value based selling to understand pain points and extract maximum value from existing accounts
  • Ambition, motivation and smart thinking
  • The desire to try new things to get the best results; thinks quickly and thrives in an entrepreneurial environment
  • Strong team spirit and enjoys working effectively in collaboration with others
  • Understanding of a standardised sales process, ideally leveraging a known methodology e.g. MEDDIC, Sandler, Challenger.
  • Excellent communication and negotiation skills and a consultative approach to managing and closing business
  • The desire to develop your skills and take on more responsibilities quickly – our ambitious expansion plans mean we’re looking for new leaders to help us grow.
Responsibilities
  • Manage our existing portfolio of accounts, with a focus on retention and expansion
  • Engage with senior decision makers at Fintechs, Payments Companies, as well as Traditional banks and Credit Unions, qualify opportunities, negotiate and expand accounts
  • Effectively manage pipeline, prioritise the right deals and create urgency
  • Consistently overachieve upon retention targets against a quarterly quota
  • Feedback valuable market and product intelligence to our Product and Strategy teams

ComplyAdvantage provides data and technology solutions focused on anti-money laundering (AML) for financial institutions and digital service providers. Their services include customer screening, transaction monitoring, and adverse information screening, all designed to automate compliance processes and lower false positive rates. These services are accessible through cloud-native, API-enabled solutions that integrate seamlessly into existing systems. Unlike many competitors, ComplyAdvantage offers a subscription-based model with tiered pricing based on transaction volume and service level, catering to both traditional banks and new digital finance companies. The company's goal is to help clients efficiently meet regulatory requirements and effectively combat financial crime.

Company Stage

Series C

Total Funding

$105.2M

Headquarters

London, United Kingdom

Founded

2014

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

4%

2 year growth

45%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Tuum enhances compliance solutions and operational efficiency for financial institutions.
  • Acquisition of Golden boosts AI capabilities and expands North American presence.
  • Growing demand for real-time transaction monitoring solutions supports business growth.

What critics are saying

  • Emerging regtech startups may erode ComplyAdvantage's market share.
  • Integration of Golden's technology may face technical challenges or delays.
  • Rapid AI advancements require continuous R&D investment, straining financial resources.

What makes ComplyAdvantage unique

  • ComplyAdvantage offers the only global, real-time database for financial crime risk.
  • Their AI-driven technology reduces false positives in compliance checks significantly.
  • The company provides API-enabled, cloud-native solutions for seamless integration with existing workflows.

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