Full-Time

VP – Account Management

Confirmed live in the last 24 hours

Onbe

Onbe

201-500 employees

Digital payment solutions for businesses

Fintech
Financial Services

Compensation Overview

$240k - $260kAnnually

+ Commission

Expert

Wheeling, IL, USA

This is a hybrid role that requires one day per week in the office.

Category
Customer Success Management
Sales & Account Management
Required Skills
Data Analysis

You match the following Onbe's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 10+ years of applicable leadership experience selling to Fortune 1000 companies
  • Experience in payments and disbursements with in-depth understanding of financial products, services, and technologies within the industry preferred
  • Proven track record of meeting or exceeding defined team revenue goals/quota attainment
  • Possess a highly developed desire to collect and analyze data to problem solve and advise decision making
  • Bachelor's degree required
Responsibilities
  • Leads, motivates and empowers a skilled Account Executive team to develop strong relationships and identify business growth and expansion opportunities through partnerships, cross-selling, and up-selling initiatives
  • Ensure that the revenue goals for Onbe’s existing portfolio of clients are achieved
  • Owns the plan for execution of the yearly signings goal for established clients
  • Provides the leadership and vision so that team cultivates the unique ability to anticipate and resolve obstacles to ensure clients reach their full potential
  • Owner of the monthly Budget vs Actual process which uncovers trends – ensures partner is performing to plan and acts when underperformance is detected
  • Maintain overall health, engagement, and retention of client portfolio
  • Proactively address potential risks associated with attrition or competitive threats
  • Stay informed of client news, payments industry trends, and market shifts
  • Provides leadership with contract renewals, pricing initiatives, and participate in RFP exercise
  • Key participant in annual client budget planning and quarterly forecasts for issuance
  • Deliver team revenue objectives for client budget performance and net new revenue quota attainment
  • Understand key target verticals regarding the industry landscape, payments capabilities, and marking a flawless delivery of services and solutions
  • Foster strong partnerships between Account Executive and Client Support team members to deliver seamless operations and support to Onbe's clients
  • Develop and implement a comprehensive client success strategy that aligns with business goals, develops client dedication, and drives long-term revenue growth
  • Lead the account planning process to guide the Account Executive team’s expansion efforts into new buying centers and product applications
  • Cultivate and grow an accurate team sales pipeline
  • Coach and upskill the Account Executive and Client Support teams to maximize performance
  • Represent and advocate for the Account Executive and Client Support teams on intra-company projects and initiatives
  • Lead by example by identifying, recommending and implementing critical operational efficiencies and process improvements
  • Collaborate diligently and act as a leader with vision, providing a customer-level perspective in order to help guide strategy and product development
  • Collect regular and meaningful client feedback and recommend and implement relevant action plans to address client concerns or comments
  • Administrative duties that include quarterly commissions calculations, annual budgeting of client issuance and quarterly re-forecasting of issuance, performance reviews and talent assessment
Desired Qualifications
  • Experience in payments and disbursements with in-depth understanding of financial products, services, and technologies within the industry preferred
  • Experience utilizing Microsoft Dynamics preferred

Onbe specializes in digital payment solutions that go beyond traditional currency transactions. The company creates seamless payment experiences for a variety of clients across industries such as automotive, biotech, and telecom. Onbe's services include customizable and secure payment options that can be utilized online, in person, and within apps. Their primary focus is on corporate disbursement solutions, which help businesses efficiently and securely distribute funds to recipients. By offering tailored solutions, Onbe supports modern brands in enhancing customer engagement and accelerating growth. Unlike many competitors, Onbe positions itself as a preferred payments partner, aiming to deliver value that extends beyond mere transactions. The goal of Onbe is to enhance the overall payment experience for both businesses and their customers.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Buffalo Grove, Illinois

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for digital payments boosts Onbe's market potential.
  • Partnerships with industry leaders enhance Onbe's service offerings.
  • Onbe's focus on instant payouts aligns with consumer preferences for speed and convenience.

What critics are saying

  • Emerging fintech startups increase competition in digital payments.
  • Regulatory risks in niche markets like recycling may impact operations.
  • Reliance on partnerships could pose challenges if partners face difficulties.

What makes Onbe unique

  • Onbe offers customizable digital payment solutions across diverse industries.
  • The platform enables instant digital disbursements, enhancing recipient satisfaction.
  • Onbe's partnerships expand its reach in niche markets like recycling and restaurant tips.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Wellness Program

401(k) Company Match

401(k) Retirement Plan

Unlimited Paid Time Off

Parental Leave

Company News

FF News
Jan 6th, 2025
Onbe Names FinTech Leader Sayid Shabeer as Chief Product Officer to Drive Next Phase of Growth

Onbe, a leading corporate payouts platform, today announces the appointment of Sayid Shabeer as its new Chief Product Officer.

Finance Director Europe
Dec 5th, 2024
TAB Bank taps Onbe to advance its refund disbursal process

Onbe chief growth officer Tracy Monson said: "Progressive Media International Limited is proud to partner with TAB Bank to provide a modern refund experience that prioritises the recipient's needs and puts funds in customers' hands efficiently and securely.

PR Newswire
Jun 4th, 2024
Eisen And Onbe: Modernizing Account Offboarding With Instant Digital Payouts

The new partnership reduces the cost and burden of account offboarding for banks and financial institutions with faster digital disbursements featuring choice.CHICAGO and PHILADELPHIA, June 4, 2024 /PRNewswire/ -- Onbe, a leading corporate payouts platform, today announces its partnership with financial technology company, Eisen. In this partnership, Onbe's platform will power the compliant digital solution that issues funds to consumers following account closures. Banks and financial institutions use Eisen's suite of tools to monitor and manage inactive and dormant accounts, streamline the account offboarding process and reduce compliance risk. With the addition of Onbe's payout solution to Eisen's new Disbursement Hub, Eisen's clients will be equipped to pay exiting account holders quickly and cost-effectively via instant digital disbursements.55% of U.S. adults have closed an account , requiring a financial institution to disburse the balance to its rightful owner. Eisen provides integrated solutions for managing the end of the account lifecycle, ensuring compliance with consumer protection laws and regulatory timelines for account closures, consumer refunds and escheatment

PYMNTS
Apr 11th, 2024
Onbe And Scrapright Enable Digital Payouts By Scrapyards, Recycling Centers

Onbe and ScrapRight have partnered to help scrapyards and recycling centers make instant digital payouts to sellers. With this partnership, Onbe’s digital payouts gateway has been integrated with ScrapRight’s recycling management software, the companies said in a Thursday (April 11) press release. “As the latest addition to our end-to-end platform, Onbe’s digital payouts gateway lets scrapyards eliminate the risk and expense of cash management, simplify their operations and provide a better payout experience — a win for our customers and their sellers,” Shon Duty, founder and CEO of ScrapRight, said in the release

Business Wire
Apr 11th, 2024
Scrapping Cash: Onbe And Scrapright Provide 600 Scrap Yards With Instant, Modern Payouts

CHICAGO PHILADELPHIA--(BUSINESS WIRE)--Onbe, a leading corporate payouts platform, is partnering with recycling management software company ScrapRight to make payouts more secure and accessible for over 600 scrap yards and their thousands of sellers. Integrating ScrapRight’s platform with Onbe’s digital payout gateway helps scrap yards replace cash or check payments with modern and instant options that provide a more convenient, faster experience for sellers in their choice of payout. While some scrap yards pay sellers with checks, Onbe and ScrapRight’s solution equips scrap yards to provide a more accessible experience for sellers that meet their payment preferences, as 92% of consumers prefer at least one digital or electronic payment method when receiving a payout, according to Onbe’s 2024 Payouts Landscape. Through instant issue, virtual and physical cards, sellers can receive funds instantly and have their choice of off-the-card options, such as adding funds to popular payment apps and mobile wallets for easy bill pay and spending. “Onbe is proud to partner with ScrapRight to bring the convenience and choice-driven solutions provided by instant payouts to the recycling sector, helping them better serve their diverse sellers,” said Melissa Hentschel, Chief Client Officer of Onbe. “Today, the overwhelming majority of consumers prefer digital payment options, and our solution equips scrap yards to meet this demand by leveraging the industry-leading recycling management platform they rely on daily.”