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Account Executive, Platform Partnerships

Parafin

San Francisco, CARemoteFull-time$250–370K/yrPosted 1y agoVerified open 3 days ago

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At a glance

Compensation
$250–370K/yr
Location
San Francisco, CARemote
Schedule
Full-time
Work Authorization
Not specified

Job overview

Parafin is hiring an Account Executive, Platform Partnerships. Parafin seeks a passionate business developer to help define partnership motion, shape product strategy, and drive growth for small businesses, reporting to the Head of Platforms and collaborating across product, legal, and leadership teams.

Key focus areas include Drive awareness for Parafin and embedded fintech by identifying and prospecting platforms, Proactively identify target accounts, initiate outbound messaging, and present Parafin’s offering to external commercial and product teams, and Manage the full sales cycle from outbound prospecting to closing deals using a consultative sales approach.

Successful candidates bring 5+ Years Business Development Experience, 5+ Years Partnerships Experience, and 5+ Years Sales Experience. Important skills include Business Development, Partnerships, Sales, Hunting And Closing Deals, Identifying And Prospecting Platforms, and Outbound Messaging. Preferred (not required): Fintech Experience, Startup Experience, Creative Out Of Box Thinking, and Prospecting Own Leads.

Skills & qualifications

RequiredNice to have

Skills

Business DevelopmentPartnershipsSalesHunting and Closing DealsIdentifying and Prospecting PlatformsOutbound MessagingPresenting Parafin's OfferingNegotiating Platform AgreementsStructuring Platform AgreementsCollaborating With GTM Leadership LegalPartnering With Internal and External Cross-Functional TeamsStructuring Operational InitiativesExecuting Operational InitiativesStructuring Strategic InitiativesExecuting Strategic InitiativesUnderstanding Parafin ProductsUnderstanding Parafin Value PropositionSelling and Building Relationships With Complex PlatformsUnderstanding Business Models in SaaS PlatformsUnderstanding Business Models in MarketplacesUnderstanding Strategies in SaaS PlatformsUnderstanding Strategies in MarketplacesAnalyzing DataPresenting DataTechnically SavvyWorking With Product TeamsWorking With Engineering TeamsOperating in a Highly Ambiguous EnvironmentTeam PlayerHelping Peers SucceedHelping Grow Small BusinessesFintech ExperienceStartup ExperienceCreative Out of Box ThinkingProspecting Own LeadsBuilding Own Pipeline

Qualifications

5+ Years Business Development Experience5+ Years Partnerships Experience5+ Years Sales ExperienceTrack Record of Top Performance

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
Paid Time Off
Parental Leave
401(k) Match

Full job description

About Us:

At Parafin, we’re on a mission to grow small businesses.

Small businesses are the backbone of our economy, but traditional banks often don’t have their backs. We build tech that makes it simple for small businesses to access the financial tools they need through the platforms they already sell on.

We partner with companies like DoorDash, Amazon, Worldpay, and Mindbody to offer fast and flexible funding, spend management, and savings tools to their small business users via a simple integration. Parafin takes on all the complexity of capital markets, underwriting, servicing, compliance, and customer service for our partners.

We’re a tight-knit team of innovators hailing from Stripe, Square, Plaid, Coinbase, Robinhood, CERN, and more — all united by a passion for building tools that help small businesses succeed. Parafin is backed by prominent venture capitalists including GIC, Notable Capital, Redpoint Ventures, Ribbit Capital, and Thrive Capital. Parafin is a Series C company, and we have raised more than $194M in equity and $340M in debt facilities.

Join us in creating a future where every small business has the financial tools they need.

About the Position

We're looking for a passionate business developer with an entrepreneurial spirit who is excited to be a foundational member of our partnerships team! As an integral member of the team, you'll play a key role in helping define our partnership motion, shape our future product, and have a direct impact on the success of Parafin. You'll report directly to Parafin’s Head of Platforms, working closely with Product and Leadership to grow the partnership function. Your role will also be responsible for helping shape Parafin’s partnership strategy and culture.

Are you looking to join a hyper-growth company and excited about embedded fintech? Do you have a passion for hunting and closing deals? If so, come join us!

What You’ll Be Doing:

  • Drive awareness for Parafin and embedded fintech by identifying and prospecting platforms

  • Proactively identify target accounts, initiate outbound messaging, and present Parafin’s offering to external commercial and product teams.

  • Manage the full sales cycle from outbound prospecting to closing deals, using a consultative sales approach.

  • Negotiate and structure platform agreements, collaborating with GTM leadership legal to close.

  • Partner with internal and external cross-functional teams on structuring and executing operational and strategic initiatives.

  • Play a leading role in creating the GTM sales motion and creating the gold standard for helping prospects throughout their sales journey.

  • Develop a strong understanding of the Parafin products and value proposition

What We’re Searching For:

  • 5+ years of experience in business development, partnerships, or sales preferable at a Fintech company, with a track record of top performance.

  • Experience selling and building relationships with complex platforms and marketplaces while growing and managing a sales pipeline.

  • A strong understanding of various business models and strategies in SaaS Platforms and Marketplaces.

  • Ability to conduct consultative sales process and is comfortable with analyzing and presenting data

  • Technically savvy, you know how to work with product and engineering teams to ensure a partner's technical needs are met.

  • A strong desire and ability to operate in a highly ambiguous environment

  • An A+ Team Player who values helping your peers succeed and the overall success of Parafin

  • Driven to help grow small businesses

We Prefer If You Have:

  • Experience working in fintech

  • Prior startup experience

  • Creative out of the box thinking

  • Someone who doesn’t mind getting scrappy, prospecting their own leads, and building their own pipeline

What We Offer

  • Salary Range: $250-370K (OTE) Total compensation is uncapped and may exceed this range

  • Equity grant

  • Medical, dental & vision insurance

  • Work from home flexibility

  • Unlimited PTO

  • Commuter benefits

  • Free lunches

  • Paid parental leave

  • 401(k)

  • Employee assistance program

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please contact us.

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