Zact Inc.

Zact Inc.

Sales Executive - Bank Partnerships

Saratoga, CA

Sponsorship not specifiedDetected 76 days ago
SalesAccount ManagementBusiness DevelopmentNegotiationOutbound SalesAccountingProcurementCustomer SuccessLeadershipCommunication

About the role

  • The Sales Executive - Bank Partnerships is a strategic, quota-carrying role responsible for originating, structuring, and closing new financial institution partnerships.
  • This position will define and scale Zact's bank distribution channel, engaging senior stakeholders across payments, treasury, product, and executive leadership - from first conversation through launch readiness and long-term revenue growth.

Responsibilities

  • Build a deep understanding of Zact's products, value proposition, and bank distribution model.
  • Source and originate new bank partnership opportunities through proactive outreach, market development, and relationship-building.
  • Manage the full bank sales cycle from initial contact through negotiation, contract execution, and launch planning.
  • Navigate bank procurement, legal, compliance, and risk review processes to drive deals to closure.
  • Collaborate closely with product, legal, operations, marketing, and implementation teams to ensure a coordinated go-to-market and onboarding approach.
  • Work closely with the Delivery Manager to manage bank requirements, track key dependencies, and help ensure timely delivery against agreed milestones.
  • Maintain a disciplined pipeline and forecast with clear stage progression, next steps, and executive visibility.
  • Manage and enhance the account management team to drive successful bank corporate client adoption of Zact products, expansion opportunities, and strong ongoing partner satisfaction.
  • Take ownership of how the bank channel is built and evolved over time, combining new logo acquisition with successful partner activation and adoption.
  • What Success Looks Like Area Expected Outcomes New Partnerships Build a strong pipeline of qualified bank opportunities and close strategic new partnerships.

Requirements

  • Business Development & Sales Leadership 10+ years of experience in a quota-carrying sales, partnerships, or business development role.
  • Comfort operating independently in a fast-paced, evolving company where initiative and ownership matter.
  • Track record of managing complex bank sales cycles and navigating procurement, compliance, legal, and risk processes.
  • Payments & Fintech Expertise Experience in payments, fintech, card issuing, expense management, or financial infrastructure.
  • Ability to work cross-functionally with delivery, product, operations, and account management teams.
  • Experience driving post-sale adoption, account growth, or customer success outcomes is highly valued.

Nice to have

  • About Zact Zact is a fintech innovator dedicated to helping organizations simplify expense and payment management.
  • Our platform aligns employees, finance, and accounting with stronger controls, cleaner workflows, and continuous reconciliation to financial systems.
  • Role Overview The Sales Executive - Bank Partnerships is a strategic, quota-carrying role responsible for originating, structuring, and closing new financial institution partnerships.
  • Engage and influence senior stakeholders within banks, including leaders across product, payments, treasury, operations, risk, and executive management.
  • Structure and negotiate partnership agreements, including commercials, reseller structures, and revenue-share models where applicable.
  • Help define repeatable sales processes, messaging, partnership structures, and market feedback loops as Zact scales its bank channel.
  • Deal Execution Navigate complex, multi-stakeholder bank processes efficiently and move deals to signed agreements.

Visa & Work Authorization

  • Familiarity with card programs, BIN sponsorship, virtual cards, or bank-led distribution models is a plus

This listing is sourced directly from Zact Inc.'s careers page and normalized into a canonical job model.