Full-Time

Sales Development Representative

Posted on 9/25/2024

Narmi

Narmi

51-200 employees

Digital banking solutions for financial institutions

Fintech
Financial Services

Compensation Overview

$55k - $70kAnnually

+ Equity Option Grant + Performance-based Cash Bonus + Performance-based Equity Bonus + Commission Structure

Entry, Junior

New York, NY, USA

Hybrid position based in New York, NY.

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Requirements
  • 1-3+ years of sales or business development experience
  • A track record of building a sales pipeline and strong prospecting skills
  • Excellent written and verbal communication skills and strong problem solving skills
  • Motivation, eagerness to learn, and a self-starting attitude
  • Good time management, and strong organizational and problem solving skills
  • The ability to travel for conferences and trade shows
Responsibilities
  • Uncover and qualify new opportunities across banks and credit unions in the US
  • Update and leverage Narmi's CRM to effectively track and manage potential customers
  • Collaborate with Marketing to execute strategy to reach 11,500+ regional and community financial institutions
  • Develop a strong understanding of the Narmi Platform and its key differentiators
  • Report on Narmi's prospecting performance and identifying potential optimizations
  • Achieve monthly quotas of qualified opportunities
  • Attend and represent Narmi at bank and credit union conferences, as needed, and scheduling meetings with decision makers

Narmi provides digital banking solutions tailored for financial institutions like credit unions and community banks. Its platform includes online and mobile banking services, account opening tools, and an open API framework that allows easy integration with other financial services. Narmi operates on a subscription model, where clients pay for access to its digital tools and support. This approach helps financial institutions enhance user experience, improve operational efficiency, and reduce costs. Narmi's flexible platform allows clients to quickly adapt to market trends and customer needs, setting them apart from competitors in the fintech space. The company's goal is to empower financial institutions to thrive in the digital banking environment.

Company Stage

Series B

Total Funding

$54M

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

1%

2 year growth

31%
Simplify Jobs

Simplify's Take

What believers are saying

  • Narmi's partnership with Treasury Prime supports real-time payments via FedNow.
  • The rise of BaaS offers expansion opportunities for Narmi's offerings.
  • Digital account opening is a priority for 80% of banks, aligning with Narmi's solutions.

What critics are saying

  • Increased competition from neobanks could outpace Narmi's growth.
  • Economic downturns may reduce financial institutions' spending on digital projects.
  • Reliance on fintech partnerships poses risks if partners face operational challenges.

What makes Narmi unique

  • Narmi offers a platform enabling account opening in under 2.5 minutes.
  • The company provides an open API framework for seamless integration with other services.
  • Narmi focuses on enhancing user experience and operational efficiency for financial institutions.

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Benefits

Competitive pay

401K matching

Medical, dental, & vision insurance

Student loan repayment assistance

Family planning

Volunteering time off

Learning and development stipend

Fitness & extra-curricular credits

Commuter benefits

Work from home stipend

Work from anywhere August

Team events, happy hours, & celebrations

INACTIVE