Full-Time

New Product Sales Specialist

Fraud

Posted on 1/16/2025

Plaid

Plaid

1,001-5,000 employees

Connects financial accounts to apps securely

Fintech
Financial Services

Compensation Overview

$127k - $189.2kAnnually

Senior, Expert

New York, NY, USA

Hybrid position based in New York.

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Product Management
Requirements
  • 8+ years of work experience, with 5+ years of sales experience in a new-revenue or sales specialist role (quota carrying), or sales engineering role, and a strong track record of closing deals
  • Deep experience and market knowledge within the Fraud, Risk, Identity Verification, KYC/AML, and Identity space
  • Strong communication and presentation skills, and an ability to build relationships with prospects and customers, up to the C-suite
  • Ability to sell a technical, complex solution to a business buyer
  • Experience building a targeted sales plan to hit revenue goals across existing and new customers
  • Strong collaboration skills and ability to work across a variety of internal stakeholders
  • Excitement to work in a high-growth environment and to help build processes and scale product growth across the revenue team
  • Desire to get (more) technical and the ability to learn the ins and outs of Plaid's APIs
Responsibilities
  • Responsible for the complete sales funnel for our Fraud products & features (building pipeline, selling, signing deals)
  • Partner with Account Executives, Account Managers, Sales Engineers, Sales Leaders, Product Managers, and Product Marketing to hit product and solution area revenue goals
  • Focus on sales readiness for bringing new products & features to market (post-MVP products -- beta stage and beyond)
  • Responsible for authoring or updating the sales playbook that will enable scaling of early product sales to repeatable motion by scaled sales org (e.g. developing the GTM playbook, co-selling until product maturation)
  • Scale and enable a sales process across many different customer types and sellers
  • Work cross-functionally to improve the client onboarding experience as they build with Plaid, collecting and translating customer and partner feedback into meaningful product insights for our Product, Marketing, and Engineering teams

Plaid simplifies financial data management for individuals and businesses by connecting various financial accounts to apps and services. Its main product is a set of APIs that allow developers to integrate financial data into their applications, enabling users to track spending, initiate payments, and access financial services all in one place. Plaid serves a wide range of clients, including app developers and financial institutions, and is used by popular apps like LendingTree and Square. Unlike many competitors, Plaid focuses on providing a comprehensive and scalable platform for seamless data sharing, charging fees based on API usage or subscription models. The company's goal is to enhance financial service accessibility and reliability for users globally.

Company Stage

Series D

Total Funding

$714.3M

Headquarters

San Francisco, California

Founded

2013

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Plaid's revenue rose over 25% in 2024 despite a challenging fintech environment.
  • Plaid's identity verification product usage increased by 400% last year.
  • Plaid's strategic partnerships enhance its service offerings and market position.

What critics are saying

  • Increased competition from fintech companies could erode Plaid's market share.
  • Open banking regulations may increase Plaid's operational costs.
  • Partnerships with companies like PayPal could pose risks if they develop competing solutions.

What makes Plaid unique

  • Plaid offers seamless integration of financial data through robust APIs.
  • Plaid's platform supports a wide range of financial services and applications.
  • Plaid's strong presence in the US and Europe enhances its global reach.

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Benefits

We've got you covered: From medical, life, and 401ks, we’re here to support your physical, mental, and financial wellbeing.

Everyone is an owner: We want everyone to feel ownership over their work - literally, which is why we offer equity to full-time Plaids.

Vacation your way: We want to make sure you have time to meet your personal needs with unlimited PTO and two weeks of synchronous, company-wide vacation.

Grow your skills: Every Plaid is in control of their career development with our learning stipends, tools, and trainings.