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Open nowPosted today

Vice President, Embedded Partnerships

wexinc91 open roles

Pay
$267,000 – $292,200 a year
Where
Portland ME
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Your applicationOpen nowVice President, Embedded Partnershipswexinc · Portland ME

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The clock on this job

Early applications get read.

14.0% of postings close within 7 days. Measured by our own scanner across the market. wexinc postings stay open a median of 15 days.

Share of postings closed within
  1. 2.3%1 day
  2. 4.7%3 days
  3. 14.0%7 days
  4. 22.5%14 days
  5. 38.3%30 days
  6. 59.0%60 days
This job: posted today

wexinc median: 15 days open

The posting

VP, Embedded Partnerships is the executive owner and leader responsible for defining and executing the long-term sales and account development strategies for the Embedded portfolio. This individual is accountable for the P&L impact, multi-year revenue attainment and growth, and overall health of the Embedded portfolio.

This role will work at the executive level with Corporate Payments leadership to establish and drive the strategic vision, create revenue growth, and ensure the organization achieves its overarching financial objectives.

Core Accountabilities and Responsibilities

The Vice President operates with broad authority and accountability across strategy, execution, and organizational development.

  • Executive Strategy and Vision:Define and own the 3-5 year commercial strategy and vision for sales and account development in the Embedded portfolio, ensuring alignment with corporate financial objectives and long-term shareholder value creation. Serve as the executive sponsor, most senior commercial sales executive for all Embedded initiatives, and most senior relationship owner for the most strategic, high-value customers and partners within the Embedded portfolio, driving sustained executive engagement and loyalty. Directly impact the organization's P&L by establishing high-level financial targets, managing resource allocation, and ensuring a compelling return on investment (ROI) from all sales and portfolio activities. Driving a sales and account development strategies that align with the division’s current portfolio and growth strategy
  • Team Leadership and Organizational Development:Lead, mentor, and scale a team of commercial leaders and specialists (including Managers and Directors), fostering a culture of executive excellence, accountability, and continual high performance. Be a key architect of the organization’s talent strategy, ensuring the team has the necessary skills, structure, and capabilities to meet future business demands.
  • Commercial Execution and Growth: Drive high-stakes negotiation, sales and portfolio renewal strategies to maximize acquisition, retention and revenue growth, personally intervening in the most complex or challenging commercial negotiations. Establish and oversee a rigorous business rhythm for strategic planning, opportunity forecasting, and performance reviews, providing executive-level visibility to Corporate Payments leadership on revenue trajectory and risk. Ensure the Embedded relationship strategy is optimized for retention and share growth.
  • Cross-Functional Executive Partnership: Serve as the primary executive liaison to Product, Engineering, Legal, and Finance, driving consensus and securing investment for growth campaigns and product enhancements critical to portfolio success. Ensure seamless and commercially viable strategic partnerships that are essential for payment acceptance and portfolio integrity. Direct the proposal, implementation, and governance of impactful, enterprise-wide customer management policies and practices. Identify, adopt, and integrate relevant AI tools and technologies to streamline workflows, eliminate repetitive tasks, and maximize overall operational productivity."
  • Market Influence: Conduct and synthesize advanced market and competitor intelligence to proactively identify and recommend disruptive strategies for portfolio innovation and competitive advantage. Regularly present strategic vision, financial performance, and key results to internal Executive Leadership (VP/SVP/C-Suite) and external industry forums.
  • Travel: Ability to travel up to 35% of the time for executive meetings, industry events, and team leadership

Qualifications

  • An advanced degree (MBA or equivalent) is required.
  • Minimum of 15+ years of progressive experience in finance-related business development, strategic account management, or channel leadership, with at least 5+ years managing leaders or Directors.
  • Deep, comprehensive expertise in financial services, payment technologies, and executive-level through-partner sales processes.
  • Ability to unite a team and raise performance levels by driving best in class sales practices all while focusing on the employee and developing each of them to be their best.
  • Proven success in defining, owning, and leading the attainment of multi-year strategic objectives and demonstrable accountability for a significant revenue/P&L target.
  • Exceptional track record of building and maintaining C-level relationships with high-value customers and partners.
  • Demonstrated executive-level behaviors in driving significant organizational change, building trust, and fostering enterprise-wide accountability and collaboration.
  • Mastery in communicating and presenting complex strategies and financial results to Executive Leadership and external boards.

The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section.

Pay Range: $267,000.00 - $292,200.00

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