Senior Account Executive, San Francisco (Startup Banking)
Rho · San Francisco, CA
- Base
- $108K–$115K
- OTE
- $190K–$220K
- Posted
- 6mo ago
The Braun Read
Worth a lookSolid on the basics. Use the first call to fill in the gaps.
- Pay
- Base and OTE both listed. Roughly a 57/43 base-to-variable split.
- Transparency
- Shares 1 of 5: quota, attainment, deal size, territory, sales cycle.
- Pipeline
- Mostly self-sourced. Great if you like outbound, rough if you don't.
- Time on market
- Open 188+ days. Ask why it's been hard to fill.
- Company hiring
- 9 sales roles open, hiring at a steady pace.
Red flags
- "Wear many hats". Often code for an under-resourced team where sales also does marketing, CS, and ops.
Green flags
- Publishes OTE. It tells you the on-target earnings up front. Most postings don't.
- Pays accelerators. Higher commission rates once you pass quota. Overperformance actually pays.
Based only on what the posting says. Flags are a starting point for your first call, not a final judgment.
The role
Sell Rho's cash management and startup banking platform to high-growth startups in San Francisco. You win new business against incumbents mainly through in-person networking events and a pipeline you build yourself.
SMB · Mixed · Outbound
Selling motion
Mixed
Who you are selling to
SMB
Pipeline expectations
Mostly self-sourced. Expect a lot of outbound.
Compensation
$108K–$115K base · $190K–$220K OTE
What is not disclosed
This posting doesn't tell you:
- Quota size
- Quota attainment
- Average deal size
- Sales cycle length
Worth asking about on your first call.
Full posting
About Us
Rho is the modern banking platform built for the AI era. Startups and growth-stage companies can open accounts in minutes, issue cards, manage expenses, pay bills, and close the books – all in one connected platform backed by real human support.
About the Role
We’re seeking San Francisco-based sales professionals with a track record of success in achieving new business and growing a current book of business. The ideal candidate will be driven, organized, and display a natural ability to build rapport and trust. We’re looking for that perfect blend of sales drive coupled with a customer-first mentality that will help us create loyal, happy customers.
Rho has built a substantial community in the New York startup market. Hosting community-driven events, curated get-togethers, and more for founders and teams in the ecosystem has spread the Rho brand across many verticals. San Francisco will be growing at the same speed and the Rho team with it. You will be responsible for organizing and attending Rho-sponsored events throughout the market geared towards building community and onboarding new business.
Responsibilities
- Event-Driven Role – Attend multiple in-person networking events every week to build relationships and engage with the startup community. Must be comfortable with frequent face-to-face interactions.
- Identify and target high-growth startups in the San Francisco area for Rho’s cash management platform.
- Win new business in competitive sales against the industry’s incumbents and newer players.
- Attend Rho-sponsored events in person to build relationships and community.
- Develop and execute sales strategies to meet and exceed revenue targets.
- Ramp relationships and expand referral volume through networking.
- Advocate for client needs to inform Rho’s roadmap.
- Win new business in competitive sales against the industry’s incumbents and newer players.
- Construct, forecast, and manage your sales pipeline to meet company goals.
- Deliver comprehensive product demos and answer technical inquiries.
- Coordinate closely with customer success and implementation teams to maintain the highest level of service and experience.
Qualifications
- 3+ years of professional experience in a closing sales role.
- 1+ years of experience managing a book of business and carrying a quota, focusing on net-new acquisitions.
- Previous experience working in any one of the following areas is preferred:
- Experience selling subscription-based software technologies (SaaS), other software products, and/or financial services products.
- Experience working with startups.
- Top-performer with a track record of consistently exceeding quota.
- A consummate team player who enjoys wearing multiple hats and inspiring everyone around you to do great work.
- A builder who is excited to help shape the foundation for Rhos’ Startup Banking team in San Francisco.
Nice-to-Have
- Familiarity with the startup ecosystem and venture accelerators
Our people are our most valuable asset. The budgeted base salary for this role is $108,000 - $115,000 with an OTE of $190,000 - $220,000. Base salary may vary depending on relevant experience, skills, and business needs. In addition to base pay, Rho offers equity, healthcare benefits and paid time off.
Diversity is a core value at Rho. We’re passionate about building and sustaining an inclusive and equitable environment for all those involved with our mission, including employees, contractors, candidates, customers and vendors. We believe every member of the Rho community enriches our ability to provide a broad range of ways to understand and engage with the market, identify problems, and drive solutions that align with our mission. We welcome all qualified applications and support each of our Rho’ers with ongoing professional growth opportunities.