Sales Executive, Blend
New Logo, Named Accounts
$125-150k
OTE
+ Restricted Stock Units. OTE includes base + variable with a 50/50 split
Digital lending platform
Be an early applicant
Digital lending platform
501-1000 employees
Be an early applicant
$125-150k
OTE
+ Restricted Stock Units. OTE includes base + variable with a 50/50 split
501-1000 employees
Company mission
To provide better lending for everyone, streamlining the end-to-end customer journey for banking products.
Role
Who you are
- This is a high-visibility role for a consultative seller who thrives in long sales cycles, understands regulated financial environments, and knows how to sell transformational platforms into the C-suite
- 7–10+ years of enterprise SaaS sales experience selling to large banks and credit unions in the 20B+ AUM category
- Proven success closing new logo deals with large banks and/or credit unions
- Strong background selling complex platforms such as loan origination systems, digital lending, digital account opening, mortgage technology, or adjacent fintech solutions
- Demonstrated ability to manage long, multi-stakeholder sales cycles with sophisticated buyers
- Enterprise prospecting and strategic account planning expertise
- Executive-level communication, storytelling, and negotiation skills
- Deep understanding of the regulatory, compliance, and operational realities of large financial institutions
- Proficiency with CRM tools (Salesforce) and disciplined pipeline management
- Bachelor’s degree in Business, Finance, or a related field required; MBA preferred
- Hunter mindset with a consultative, relationship-driven approach
- Strategic, curious, and comfortable operating in ambiguity
- High ownership, resilience, and ability to influence without authority
- Credible, confident presence with executive buyers
What the job involves
- The Sales Executive – New Logo (Named Accounts) is responsible for driving net-new customer acquisition across the largest target financial institutions - Banks and Credit Unions with $20B+ in assets under management (AUM). This role is a strategic, enterprise sales position focused on originating, developing, and closing complex, multi-stakeholder deals with some of the most sophisticated financial institutions in the U.S
- Reporting to the Director of Sales - Named, you will own the full sales cycle - from account targeting and executive engagement through deal negotiation and close - working closely with Product, Solution Engineering, Marketing, and Executive Leadership
- Target a named list of enterprise prospect accounts (Banks & Credit Unions $20B+ AUM) and develop multi-year account penetration strategies
- Source, qualify, and advance net-new opportunities through complex, consultative sales cycles
- Build and manage a robust pipeline aligned to annual new logo revenue targets
- Navigate long buying cycles involving executive leadership, IT, compliance, risk, and procurement teams
- Position Blend as a strategic platform partner, not just a point solution
- Build trusted relationships with C-suite and senior executives (CEO, CIO, CDO, Head of Lending, Head of Digital)
- Lead discovery, value articulation, and ROI-based business cases tailored to enterprise institutions
- Drive pricing, contract negotiation, and deal structuring in partnership with Legal and Finance
- Orchestrate internal and external stakeholders to move deals forward efficiently
- Partner with Solution Engineers to deliver compelling, outcome-driven demos and technical validation
- Collaborate with Product and Marketing to align customer needs with roadmap and messaging
- Ensure seamless handoff to Client Sales and Customer Success post-close
- Maintain accurate pipeline, forecasts, and activity tracking in Salesforce
- Communicate deal progress, risks, and next steps clearly to sales leadership
- Develop and execute account strategies to drive revenue growth, targeting 10-15% annual expansion (e.g., additional licenses, premium modules)
- Own and Plan Renewal Strategies designed to uplift PFL, drive revenue and encourage Blend usage
- Organize the selling of partner products that are part of the overall blend ecosystem
- Identify cross-sell/upsell opportunities in collaboration with Senior Professional Services Consultant, using customization and adoption insights
- Lead Quarterly Business Reviews (QBRs) with executive stakeholders, presenting ROI and strategic roadmaps
- Build and maintain C-level relationships with client executives, ensuring alignment on business objectives
- Act as the escalation point for strategic issues (e.g., major compliance disputes, contract renewals)
- Partner with Senior Professional Services Consultant and Training & Enablement Specialist to align on customization needs, feature adoption, metrics, and training outcomes
- Own and Expand Annual Services Spend/ P&L
- Coordinate with the centralized due diligence team for executive-level TPRM/due diligence escalations
- Maintain CRM updates (e.g., Salesforce) on account health, opportunities, and risks
- Track expansion metrics and retention rates for leadership reporting
Our take
Nowadays, the vast majority of housing deals are done online. This is possible because of companies like Blend, a digital banking platform out to simplify the mortgage process.
Blend is used by major banks and financial institutions to offer mortgages and consumer loans. It has proved popular thus far, although its success continues to be tied to interest rates and the housing market, which means a few bumps in the road are inevitable.
That being said, in 2023 the company set out a "path to profitability" that took this into account. From reports on revenue and growth, it seems Blend is holding steady to this plan, which suggests a strong future for the company.
Freddie
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jan 2021
$300m
SERIES G
Aug 2020
$75m
SERIES F
Total funding: $665m
Company benefits
- Comprehensive health benefits
- Wellness program that covers a variety of activities, gym memberships, and more
- Partnerships to support all of life’s milestones: Origin Financial Wellness, Compsych Employee Assistance Program, RocketLawyer Legal Plan, and more
- Various leave programs including 16 weeks of paid parental leave with no tenure requirement
- Thoughtful, regular performance reviews
- Support for workshops and lectures to develop your craft
- Meaningful equity and 401(k) plan
- “Employee-first” environment, where most employees can work wherever they choose
- Flexible work schedule
- Open vacation policy
Company HQ
Chinatown, San Francisco, CA
Leadership
Nima Ghamsari
(Founder & Head)They studied Computer Science at Harvard before working for 4 years in Business Development and Engineering at Palantir Technologies.
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