Full-Time

Senior Sales Manager

Confirmed live in the last 24 hours

Relay Financial

Relay Financial

201-500 employees

Online banking platform for small businesses

Fintech
Financial Services

Mid, Senior

Vancouver, BC, Canada

Hybrid work environment requires in-office presence in Vancouver twice a week.

Category
Field Sales
Sales & Account Management
Required Skills
Marketing
Data Analysis
Requirements
  • 3-5 years of experience managing and leading a Sales team, ideally within a startup environment
  • Results-oriented with a track record of meeting and exceeding targets
  • Creative and strategic mindset with a knack for identifying and amplifying market opportunities
  • Passionate about coaching and the development of people
  • Operational rigor – always looking for ways to solve and improve technical and process inefficiencies that impact the sales funnel
  • Prior experience in B2B SaaS, fintech or a neobank (bonus)
  • Worked with SMBs in North America (bonus)
Responsibilities
  • Lead, manage and coach a world-class team of Account Executives on our Direct team
  • Build and execute our net new acquisition B2B sales motion
  • Identify opportunities in the business and execute projects to improve our sales process, strategy and playbooks
  • Partner and collaborate with cross-functional teams including Marketing, Revenue Operations, Sales Enablement, etc.
  • Stay abreast of industry trends and market dynamics to inform sales strategies
  • Analyze data and feedback to refine and optimize approaches for maximum impact

Relay Financial offers an online banking platform designed for small businesses, consolidating various financial transactions like ACH transfers and payouts from services such as PayPal and Stripe into one easy-to-use interface. By partnering with Thread Bank, Relay Financial ensures secure deposits with FDIC insurance coverage up to $3,000,000 and provides competitive annual percentage yields (APYs). The platform operates on a subscription model, offering features like income tracking and automated bookkeeping to simplify financial management for business owners. Relay Financial stands out by focusing specifically on the needs of small businesses, making financial operations more efficient.

Company Stage

Series B

Total Funding

$50.2M

Headquarters

Toronto, Canada

Founded

2018

Growth & Insights
Headcount

6 month growth

20%

1 year growth

63%

2 year growth

165%
Simplify Jobs

Simplify's Take

What believers are saying

  • Relay secured $44M CAD in Series B funding for growth and product development.
  • Relay's revenues rose 3x in 2022 and nearly 6x in 2023.
  • Relay plans to deliver AI-powered predictive cash flow analytics to SMBs.

What critics are saying

  • Increased competition from fintech companies like Brex and Mercury.
  • Potential regulatory scrutiny could impact Relay's operations and compliance costs.

What makes Relay Financial unique

  • Relay offers up to 20 individual accounts for detailed financial organization.
  • Relay provides FDIC insurance coverage up to $3,000,000 through a deposit sweep program.
  • Relay integrates seamlessly with accounting software like QuickBooks Online and Xero.

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