Role Overview The Sales Executive - Bank Partnerships is a strategic, quota-carrying role responsible for originating, structuring, and closing new financial institution partnerships. This position ...
Role Overview The Sales Executive - Bank Partnerships is a strategic, quota-carrying role responsible for originating, structuring, and closing new financial institution partnerships. This position ...
Sales Executive - Bank Partnerships
Saratoga, CA · On-site +1
Role Overview The Sales Executive - Bank Partnerships is a strategic, quota-carrying role responsible for originating, structuring, and closing new financial institution partnerships. This position ...
Sales Executive - Bank Partnerships
Saratoga, CA · On-site +1
Role Overview The Sales Executive - Bank Partnerships is a strategic, quota-carrying role responsible for originating, structuring, and closing new financial institution partnerships. This position ...
Role Overview The Sales Executive Bank Partnerships is a strategic, quota-carrying role responsible for originating, structuring, and closing new financial institution partnerships. This position ...
Quick apply
Role Overview The Sales Executive Bank Partnerships is a strategic, quota-carrying role responsible for originating, structuring, and closing new financial institution partnerships. This position ...
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Executive Bank information
See salary details
$26.5K - $40.8K
11% of jobs
$40.8K - $55.1K
12% of jobs
$56.8K is the 25th percentile. Wages below this are outliers.
$55.1K - $69.5K
22% of jobs
The median wage is $77.4K / yr.
$69.5K - $83.8K
10% of jobs
$83.8K - $98.1K
9% of jobs
$98.1K - $112.4K
11% of jobs
$114.6K is the 75th percentile. Wages above this are outliers.
$112.4K - $126.7K
11% of jobs
$126.7K - $141K
4% of jobs
$141K - $155.4K
11% of jobs
$155.4K - $169.7K
0% of jobs
$169.7K - $184K
1% of jobs
$26.5K
$93.6K
$184K
How much do executive bank jobs pay per year?
What are the key skills and qualifications needed to thrive as an Executive Banker, and why are they important?
What does an Executive Banker do?
What is the difference between Executive Bank vs Commercial Banker?
| Aspect | Executive Bank | Commercial Banker |
|---|---|---|
| Required Credentials | Typically requires a bachelor's degree in finance, economics, or related field; often advanced certifications like CFA or MBA | Usually requires a bachelor's degree in finance, business, or related field; certifications like CPA or CFA are common but not mandatory |
| Work Environment | Corporate office setting, high-level strategic meetings, executive decision-making | Bank branches, client meetings, financial analysis in a banking environment |
| Employer & Industry Usage | Used by banks and financial institutions for senior roles involved in strategic planning | Used by commercial banks for client relationship management and loan processing |
The main difference between an Executive Bank and a Commercial Banker lies in their roles and responsibilities. Executive Bank professionals focus on high-level strategic decisions within financial institutions, often requiring advanced degrees and certifications. Commercial Bankers primarily work directly with clients to manage loans, accounts, and financial services, typically in branch settings. Both roles are essential in banking but serve different functions within the industry.
How does an Executive at a bank typically collaborate with other departments to drive organizational success?
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- Urgently Hiring Turnaround Ceo
- Executive Research Director
- Executive Assistant To Chief Operating Officer
- Vp Costco Executive
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Job description
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 OverviewThe 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.
The successful candidate will build and manage a robust pipeline of bank opportunities, navigate complex procurement and compliance processes, and collaborate cross-functionally to ensure implementation success.
- 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.
- Engage and influence senior stakeholders within banks, including leaders across product, payments, treasury, operations, risk, and executive management.
- Navigate bank procurement, legal, compliance, and risk review processes to drive deals to closure.
- Structure and negotiate partnership agreements, including commercials, reseller structures, and revenue-share models where applicable.
- 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.
- Help define repeatable sales processes, messaging, partnership structures, and market feedback loops as Zact scales its bank channel.
- 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.
New Partnerships
Build a strong pipeline of qualified bank opportunities and close strategic new partnerships.
Deal Execution
Navigate complex, multi-stakeholder bank processes efficiently and move deals to signed agreements.
Delivery Alignment
Partner with delivery leadership so bank requirements are understood, tracked, and delivered on time.
Client Adoption
Strengthen account management capabilities so bank corporate clients adopt, expand, and successfully use Zact products.
Channel Scale
Help create repeatable motion, messaging, and operating discipline for Zact's bank channel.
Required QualificationsBusiness Development & Sales Leadership
- 10+ years of experience in a quota-carrying sales, partnerships, or business development role.
- Demonstrated success sourcing and closing net-new business.
- Strong track record of building pipeline through outbound efforts and relationship-led selling.
- Comfort operating independently in a fast-paced, evolving company where initiative and ownership matter.
Bank-Facing Experience
- Direct experience selling into banks or financial institutions.
- Track record of managing complex bank sales cycles and navigating procurement, compliance, legal, and risk processes.
- Existing relationships within banks are a strong plus.
Payments & Fintech Expertise
- Experience in payments, fintech, card issuing, expense management, or financial infrastructure.
- Understanding of issuers, networks, processors, and bank partnership models.
- Familiarity with card programs, BIN sponsorship, virtual cards, or bank-led distribution models is a plus.
Commercial, Delivery & Adoption Mindset
- Strong negotiation, commercial structuring, and executive communication skills.
- 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.
- Prior people leadership or team development experience is a plus, especially in account management or partner success environments.
Education
- BS/BA degree or equivalent professional experience preferred.
As part of our hiring process, we verify the accuracy of information provided on candidates' resumes and applications. We value integrity and transparency, and material discrepancies or misrepresentations may disqualify a candidate from employment consideration.
Employment Type: FULL_TIMEAbout Zact
Sourced by ZipRecruiter
Industry
Software development
Company size
11 - 50 Employees
Headquarters location
Saratoga, CA, US
Year founded
2020