Manager, Sales - Merchant

Commerce Bank•St. Louis, MO
•$119,200 - $142,000

About The Position

The Manager, Sales - Merchant develops and executes sales strategy and tactics for the SBB/Retail organization as they relate to merchant acquiring. The role leads and develops the sales team, oversees sales planning and incentives, and works with internal retail, small business, and business-line leaders to grow merchant fee income and small-business sales. The position also supports budget management and marketing-plan development.

Requirements

  • Strong knowledge of the merchant sales industry, including best practices.
  • Ability to clearly communicate small business merchant sales strategy and establish reporting accountability for strategic efforts.
  • Strong negotiation, presentation, and math skills.
  • Ability to maintain a valid driver's license and meet Commerce Bank's driving record criteria; continued employment may depend on meeting driving requirements.
  • Strong critical-thinking skills and the ability to use discretion and sound judgment to solve problems efficiently and effectively.
  • Ability to drive results while balancing organizational risk management with business goals.
  • Strong leadership skills, including motivating team members and fostering a positive, collaborative team environment.
  • Outstanding interpersonal and relationship-building skills, with the ability to communicate effectively across company levels and express ideas clearly verbally and in writing.
  • Adaptability and resilience, an optimistic outlook, and the ability to model behavior aligned with the company's culture and Core Values.
  • Basic proficiency with Microsoft Word, Excel, and Outlook.
  • Bachelor's degree in Business Administration, Finance, or Marketing, or an equivalent combination of education and experience.
  • At least 4 years of sales management experience.
  • At least 3 years of experience in merchant processing or a financial- or technology-related industry.
  • At least 2 years of leadership experience.
  • Experience managing sales within Salesforce.
  • Must be eligible to work in the United States without sponsorship now or in the future.

Nice To Haves

  • Sales management experience preferably within merchant sales.
  • Completion of Sales, Technical, and Relationship Management training classes is strongly preferred.

Responsibilities

  • Lead, mentor, and motivate team members to implement department strategy and manage workflow, providing guidance on projects and issues and coaching suited to each direct report.
  • Perform management functions, including hiring, evaluations, annual increase allocations, and disciplinary action as needed.
  • Communicate decisions, priorities, and relevant information effectively to team members.
  • Support budget management, planning, and expenditure.
  • Develop and achieve the annual sales plan strategy for the bank-wide small business growth model and sustainable fee income model.
  • Create curriculum to move the sales team toward a more consultative sales model, emphasizing technology, small business knowledge, and updates on technological and product advancements.
  • Oversee development and administration of the business unit's sales incentive plan.
  • Ensure development plans are in place for all staff and actively executed.
  • Build relationships with key internal retail and small business leaders and work with them to grow fee income strategically.
  • Work with business-line leadership to develop the marketing plan, including its target audience, anticipated results, and tracking and measurement of actual results.
  • Perform other duties as assigned.

Benefits

  • Employer-sponsored health insurance
  • Dental insurance
  • Vision insurance
  • 401(k)
  • Life insurance
  • Paid vacation
  • Paid personal time
  • Career development
  • Education assistance
  • Voluntary supplemental benefits
  • Performance-based incentive plans
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