Merchant Specialized Product Sales
Bank of America · Charlotte, NC · 4 wk ago
Business DevelopmentFull-time
Job Description
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
We are committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
Join us!
Responsibilities
- Helps to drive new merchant business acquisition in direct partnership with Treasury Sales Officers (TSOs) and collaboration with relationship managers. Engages clients as part of the extended client team for more complex merchant sales.
- Deep understanding of a client’s commerce ecosystem and the ability to consult on ways to integrate, cover industry standards, trends and broader bank product solutions.
- Main point of contact for new merchant business sales for the higher valued and more complex opportunities. Must be skilled at developing tailored value propositions for various client types and industries.
- Ability to appropriately position value and drive solutions per relationship across the merchant solutions set - Tokenization, Equipment, Transaction Routing, etc.
- Work across a matrixed coverage organization to achieve objectives - working with TSOs and client managers to uncover opportunities, advise in the best way to target prospects and close new business
- Provide strategic guidance and advisory content that helps encourage both prospects and clients of the bank to move their merchant services business to Bank of America.
- Provide guidance and oversight on key elements of the merchant product sales cycle. Supporting TSOs that will be acting as the deal lead with client selection, pricing, credit review and post sale implementation. The MSPS will be primarily focused on developing new business, consistent pipeline growth and conversion.
Required Qualifications
- 2-5 years of Core Acquiring (Credit/Debit) industry experience
- 2-5 years of direct sales experience
- 2-5 years of sales experience including C-level sales.
- Ability to travel 50% of the time
- Expert knowledge of POS (integrated/standalone) payment interfaces
- Strong analytical and organizational skills
- Ability to cultivate and strengthen client relationships with senior business and IT staff members
- Ability to technically consult with C-level executives within client environment
- Demonstrated experience working with 3rd party VAR’s / Integrators and payment gateways
- Understanding of PC payment applications, merchant services industry applications, accounting systems, competition/competitive landscape in the payments industry, enterprise resource planning systems (ERP), data security (PCI), file formatting, and data transmission
Desired Qualifications
- 2-5 years experience in the Dealer Finance Vertical
- Expert Knowledge with Dealer Management Systems (DMS)
- Experience working with National/Enterprise Sized clients
Skills
- Business Development
- Customer and Client Focus
- Leadership Development
- Strategy Planning and Development
- Business Acumen
- Change Management
- Client Experience Branding
- Client Solutions Advisory
- Inclusive Leadership
- Account Management
- Adaptability
- Presentation Skills
- Talent Development
Shift
1st shift (United States of America)
Hours Per Week
40