Sales Account Executive

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About the role

🚀 We’re on a mission to make money work for everyone. We’re waving goodbye to the complicated and confusing ways of traditional banking. After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts , accounts for 16-17 year olds , a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save , invest and combine their pensions with us. With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers! We’re not about selling products - we want to solve problems and change lives through Monzo ❤️ 📍London | 💰£67,000 Total OTE (base salary + commission) Benefits | Hear from the team ✨ ⭐ About our Business Banking Sales team We are rapidly growing and now serve over 730,000 businesses in the UK 🇬🇧 In order to support the next phase of our expansion, we’re hiring a small team of experienced Sales Account Executives , whose mission is to reach out and support more complex high value customers with a personalised experience. We’re building an acquisition engine and your job will be to work with small-medium business (SMB) prospective customers, guide them through their buying journey, work with them to activate their account and bring all their banking needs to Monzo. This is an exciting opportunity to be a part of the founding sales team for a mission driven company , which is changing how people and businesses bank. 🔑 You’ll play a key role by… • Engaging with prospective SMB customers through discovery calls, and understand their business, challenges, goals and requirements. • Driving full sales cycle, from early prospecting and qualification; to demos and sales; to ensuring successful account switch and activation. • Guiding customers through Monzo’s business banking offerings - providing clear, factual information and helping them evaluate what works best. • Being a product expert: fully understand Monzo's business banking products, features and services. • Managing a pipeline of leads with strong attention to data hygiene: timely follow-ups, accurate forecasting, deal tracking. • Driving activation: not just closing, but ensuring new business customers are fully set up, onboarded, and are using Monzo for their banking needs. • Collaborating internally: work closely with marketing, product, risk and customer operations to ensure a smooth journey for customers. • Delivering outstanding service at every touchpoint: via phone, video, email or digital channels. • Achieving sales targets: conversion, activations, revenue, engagement and other growth metrics as set by the commercial leadership. • Feeding insights back: capture and share customer feedback — customer pain points, required features, suggestions for product improvements. • Adapting & iterate: Things will change rapidly and often - you’ll need to be comfortable with ambiguity and change and help support what comes next. 🤩 We’d love to hear from you if you... • Have experience in Small Business sales, ideally selling business solutions or financial services; knowing how to engage business customers and understand their mindset, needs and pain points. • Have a proven track record of meeting (or exceeding) sales quotas / targets in a performance-driven environment. • Are an expert at managing a full sales cycle: from prospecting to activation, including structured and rigorous outreach and follow-ups and cross-team coordination. • Have high emotional intelligence and are able to quickly connect and build a relationship with customers

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