Senior Enterprise Account Executive

Senior Account Executive

Location - Greater NYC or Boston Area or Remote

As a fintech company with a vast addressable market, we empower our employees to be thought leaders as they navigate various customer problems – whether internal or external – and to be challenged to develop solutions that create a positive impact for our business. Rapid Ratings is actively looking for a proven Senior Account Executive (AE) to join our exceptional Sales team and expand our GTM presence in North America.

The mission of the Senior Account Executive is to help create enterprise value for each customer by deploying our predictive analytics and financial risk reporting systems. This role has three core areas of responsibility:

• Closing qualified opportunities with high rates of conversion to achieve quarterly and annual quota targets;
• Progressing pipeline to align business cases with buying cycles, with the sales EQ necessary to both rigorously qualify and disqualify opportunities; and
• Consistently building new pipeline to replace opportunities won or lost.

This requires a proactive, entrepreneurial mindset to engage potential customers across all channels. Success in these areas also relies heavily on keen discovery skills to identify leads with potential business problems that we can solve, as well as effective communication to align multiple stakeholders with a problem that can be solved through Rapid Ratings' capabilities and value-driven sales process.

A successful Senior Account Executive at Rapid Ratings never stops selling; top reps consistently sell through the first deal to help ensure value delivery after getting the first contract in the door, and driving towards significant Enterprise Growth after adoption is complete. While this is just one dimension of the overall role for a Senior Account Executive, it is an important element that requires experience in project management and cross-functional leadership to drive growth.

The ideal candidate draws on experience in the Supply Chain, Third-Party Risk, Credit Risk, or Risk Management fields. These industries are undergoing rapid change as risk management disciplines evolve, while companies face economic, operational, regulatory, and capital challenges. Challenges bring opportunities, and Rapid Ratings is critical in guiding the world's leading corporations and financial institutions to proactively manage these risks and to create resilience and business opportunities in the process.

All Account Executives are expected to adopt a consultative approach to guide the sales process and help potential customers identify business gaps in their current risk management programs that Rapid Ratings' solution can address. Sales cycles, depending on the deal, can move as quickly as 30-90 days for wins focused on mid-market accounts or "land and expand" strategies, whereas larger enterprise deals will often take 6-9 months to align with procurement budget/buying cycles.

Essential Duties and Responsibilities:

• Individual Contributor
• Responsible for qualifying, developing, and closing new opportunities within a list of ~75 strategic accounts in EMEA.
• Develops and maintains relationships with key decision makers
• Management of leads proved by internal and external BDRs.
• Over achievement of quarterly sales quota through selling TPRM, SCRM platform to well-qualified prospects using the Rapid Ratings sales process.
• Conduct market research and recommend product positioning and pricing strategy.
• Manage the development and maintenance of referral-generation plans.
• 100% certification of Rapid Ratings methods, products and services.

Expectations of Sales Activity:

• Strategically manage a global territory of Accounts within Rapid Ratings' core verticals (Auto, Aerospace & Defense, Banking/Insurance, Industrials, HC/Pharma, Technology/Semiconductors), and deploy a lead-generation strategy focused on sourcing new opportunity accounts
• Work with the assigned Business Development Representative (BDR) to create a support plan for conducting outreach to designated high-value accounts within the assigned territory
• Focus on activity rate – number of new connections, first calls, meetings, all maintained in Salesforce
• Consistently achieve quarterly and annual sales quota objectives
• Manage pipeline and opportunity stages to be consistent at all times with Rapid Ratings Sales Methodologies and Policy
• Continuous learning to always improve selling tactics and strategies to increase win %

Essential Education, Skills and Environment:

Specialized Knowledge and

Skills:

• Subject matter expertise in Supply Chain Management, Supply Chain Risk Management (SCRM), and Third Party Risk Management (TPRM). Knowledge of GRC solutions is a plus.
• BA/BS degree (or equivalent; MBA or advanced degree preferred).
• A verifiable track record of sales quota attainment (Experience and success in Solution Selling or like methodologies in complex environments of 6+ months sales-cycle durations and ARR in excess of $500,000).
• Minimum 5 years' relevant work…