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Full-Time

Director – Sales

Posted on 5/30/2024

Marqeta

Marqeta

501-1,000 employees

Card issuing and payment processing solutions

Fintech
Financial Services

Compensation Overview

$288k - $425kAnnually

+ Variable Compensation + Equity + Employee Stock Purchase Program

Senior, Expert

Remote in USA

Must be located within the Greater New York City Metro Area.

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Requirements
  • 15 years of experience in sales, operations, or partner management.
  • 5 years of experience in managing teams.
  • Fintech knowledge/exp – Thought leadership, as demonstrated by industry expertise in Payments, Retail, Fintech and Banking, with an ability to influence in complex situations.
  • Proven experience in strategic account planning and execution for success.
  • Prior experience working with Walmart or One Finance and ability to leverage existing network.
Responsibilities
  • Cultivate relationships with key executives at prospects and internal partners to build a sustainable “pipeline” of opportunities and drive revenue growth.
  • Grow revenue and gross profit by managing existing business, identifying and upselling additional programs and expanding existing and new programs to additional markets.
  • Deliver quarterly sales plans, V2MoM goals and develop joint business plans with key prospects and partners.
  • Build a diverse, equitable, inclusive, and high-performing sales team by influencing the team's GTM strategy, hiring, team structure, culture, and sales processes.
  • Drive cross-functional collaboration and alignment with key partner teams, including Vetting, Delivery, GNSO, Sales Strategy and Operations, Banking Partnerships and other teams in sales globally.

Marqeta provides modern card issuing and payment processing solutions for businesses. Its platform allows companies to create, issue, and manage payment cards tailored to their specific needs, such as expense management and consumer payments. Marqeta's services are integrated through an open API, giving clients the flexibility to customize their payment solutions. The company earns revenue primarily through transaction fees each time a card is used, along with potential setup and service fees. Marqeta has gained prominence in the fintech industry, particularly during the rise of digital payments amid the COVID-19 pandemic, thanks to its ability to quickly adapt and scale its offerings.

Company Stage

Series E

Total Funding

$530.6M

Headquarters

Oakland, California

Founded

2010

Growth & Insights
Headcount

6 month growth

4%

1 year growth

1%

2 year growth

-5%
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Simplify's Take

What believers are saying

  • Marqeta's expanding partnerships, such as with Uber Eats and Lydia, indicate strong growth potential and market penetration.
  • The company's recent surge in processing volumes and entry into new markets like earned wage access suggest robust financial health and future opportunities.
  • Marqeta's ability to attract high-profile clients like Swiss4 and its expansion into luxury financial services highlight its appeal to diverse and premium market segments.

What critics are saying

  • The competitive fintech landscape requires Marqeta to continuously innovate to maintain its market position.
  • Dependence on transaction fees means that any downturn in digital payment volumes could significantly impact revenue.

What makes Marqeta unique

  • Marqeta's open API platform allows for highly customizable payment solutions, setting it apart from competitors with more rigid offerings.
  • The company's ability to quickly adapt and scale during the COVID-19 pandemic highlights its operational agility and resilience.
  • Marqeta's global reach, demonstrated by partnerships with companies like Uber Eats and Lydia, underscores its capability to support large-scale, international operations.

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Benefits

Medical, dental, & vision coverage

Flexible time off

Paid family leave

Pet insurance

401k match

Equity

Monthly stipends

Company recognition & awards

Employee Stock Purchase Program

INACTIVE