Channel Sales Executive - Prepaid Solutions jobs in United States
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U.S. Bank · 1 month ago

Channel Sales Executive - Prepaid Solutions

U.S. Bank is on a journey to help customers and businesses make better financial decisions. They are seeking a Channel Sales Executive to expand their prepaid card business through strategic partnerships, focusing on partner acquisition and relationship building.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Develop and execute a proactive outside sales strategy targeting channel partners (e.g., payroll providers, fintech platforms, resellers, B2C disbursement solutions)
Identify and pursue new business opportunities through networking, cold outreach, industry events, and demand-generation marketing activities
Deliver compelling presentations to prospective partners, demonstrating the value of our prepaid solutions
Collaborate with partners to create joint business plans outlining strategies and activities to achieve revenue targets; conduct quarterly reviews to evaluate progress and adjust plans as needed
Coordinate and leverage U.S. Bank resources and stakeholders, including direct sales teams, product managers, and marketing support, to advance partnership goals and capture sales opportunities
Develop strategic integration partnerships and leverage embedded payments opportunities to cross-sell additional disbursement solutions
Support field marketing initiatives, including staffing trade show booths and delivering engaging sales presentations
Ensure compliance alignment during partner discovery and onboarding through collaboration with governance and risk teams
Track performance metrics (pipeline growth, partner activation, revenue contribution) and report progress regularly

Qualification

Sales strategy developmentNew business acquisitionPayments industry experienceNegotiation skillsRelationship buildingCommunicationPresentation skillsIndependent work

Required

Bachelor's degree, or equivalent work experience
Seven to nine or more years of relevant work experience
Ability to travel (local and regional, some national)

Preferred

7–9+ years in sales/business development with a proven track record of new logo acquisition
Experience in payments, prepaid cards, or financial services preferred
Strong negotiation and relationship-building skills, including experience with referral agreements or revenue-share models
Ability to work independently and manage a high-volume prospecting cadence
Excellent communication and presentation skills

Benefits

Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Company

U.S. Bank

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At U.S.

Funding

Current Stage
Public Company
Total Funding
$991M
Key Investors
U.S. Department of the TreasuryMitsubishi UFJ Financial Group
2023-09-29Post Ipo Debt· $55M
2023-08-03Post Ipo Debt· $936M
1978-01-13IPO

Leadership Team

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John C Stern
CFO
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Shruti Patel
Executive Vice President & GM, CPO- Business Banking segment
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Company data provided by crunchbase