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