Full-Time

Enterprise Account Executive

Posted on 6/18/2024

Forter

Forter

501-1,000 employees

Fraud prevention and identity protection services

Cybersecurity
Financial Services

Compensation Overview

$125k - $145kAnnually

+ Bonus + Equity

Senior

New York, NY, USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Data Analysis
Requirements
  • High integrity and passion for winning
  • Minimum of 5 years as a top quota carrying direct sales executive, with a track record of outperforming targets and annual quotas
  • Proven success in selling innovative solutions/services to merchants/enterprises is a must; with a focus on FinTech and eCommerce solutions (analytics, platforms, financial and/or technology solutions)
  • A strong network with a proven track record of enterprise sales within top 500 eCommerce companies is a big plus
  • Demonstrated success in target account selling in a large US region is a big plus
  • The ability to build strong relationships, as demonstrated through prior experience prospecting and leveraging industry contacts to develop and close new businesses
  • A strong understanding of the online payment industry, including credit card issuing/acquiring experience and familiarity with its ecosystem (partners, resellers, processors) is also a big plus
  • Exceptional professional presence, with outstanding presentation and communication skills
  • Ability to travel as required
Responsibilities
  • Work closely with a large list of named Enterprise prospect accounts, as well as source your own opportunities, utilizing a consultative approach to identify pain points and challenges that Forter's fraud prevention platform can help solve
  • Manage a sales pipeline and process from initial outreach to presentation, negotiation, and close
  • Identify and build relationships with economic champions / buyers within major accounts and position Forter's value proposition to the appropriate lines of business and technical teams
  • Collaborate with Sales Development and Marketing teams to drive leads and account activity, as well as with our Pre-sales Solutions Consultants to create customized sales presentations and tailored ROI models
  • Provide field analysis and feedback internally to help shape sales collateral and longer term expansion planning
  • Build a strong understanding of the online payments industry, including credit card issuing/acquiring experience and familiarity with its ecosystem (partners, resellers, processors)
  • Represent Forter at industry events and sales meetings with key eCommerce players

Forter provides a range of services designed to protect online businesses from fraud and abuse in the e-commerce sector. Its offerings include identity protection to prevent unauthorized access and fraudulent purchases, fraud management that allows businesses to make instant decisions on transactions to reduce chargebacks, and abuse prevention to stop unauthorized resellers and coupon abusers. Additionally, Forter focuses on payment optimization to enhance trust with banks and card networks, ensuring compliance with regulations like the Payment Services Directive 2 (PSD2). The company also automates chargeback recovery to help businesses dispute and win claims. Unlike many competitors, Forter operates on a B2B model, charging businesses based on their size and transaction volume, and aims to provide comprehensive solutions that protect revenue while improving the customer experience.

Company Stage

Series F

Total Funding

$513.6M

Headquarters

New York City, New York

Founded

2013

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Forter's AI enhancements improve decision capabilities, boosting fraud prevention effectiveness.
  • Partnerships with Shopify, Salesforce, and PwC enhance Forter's competitive positioning.
  • Integration with Gr4vy streamlines payments and mitigates risks for enterprise merchants.

What critics are saying

  • Rising BNPL services complicate fraud detection and increase payment default risks.
  • Increased returns fraud challenges Forter's fraud prevention systems.
  • Shift to social media shopping introduces new fraud vectors for Forter to address.

What makes Forter unique

  • Forter offers real-time, automated fraud prevention solutions for online merchants.
  • The company focuses on consumer-centric fraud prevention, enhancing customer experience and growth.
  • Forter's services include identity protection, fraud management, and payment optimization.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Home Office Stipend

Unlimited Paid Time Off

Hybrid Work Options

INACTIVE