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Sr. Merchant Specialist

June 18, 2025June 18, 2025

Sr. Merchant Specialist

CompanyBank of America
LocationRancho Cordova, CA, USA, Newport Beach, CA, USA, Los Angeles, CA, USA, San Diego, CA, USA
Salary$126000 – $175000
TypeFull-Time
Degrees
Experience LevelMid Level, Senior

Requirements

  • 2-5 years of Core Acquiring (Credit/Debit) industry experience
  • 2-5 years of direct sales experience
  • 2-5 years of sales/portfolio management experience, including C-level sales.
  • Expert knowledge of POS (integrated/standalone) payment interfaces
  • Strong analytical and organizational skills
  • Ability to cultivate and strengthen client relationships with senior business and IT staff member
  • Ability to technically consult with C-level executives within client environment
  • Demonstrated experience working with 3rd party VAR’s / Integrators and payment gateways
  • Understanding of PC payment applications, merchant services industry applications, accounting systems, competition/competitive landscape in the payments industry, enterprise resource planning systems (ERP), data security (PCI), file formatting, and data transmissions.

Responsibilities

  • Originates new merchant business either self-sourced or in partnership with the banker and TSO
  • Deep understanding of a client’s commerce ecosystem and the ability to consult on ways to integrate, cover industry standards and trends and BACs product solutions
  • Main point of contact for contract negotiations, RFP, pricing
  • Ability to appropriately drive solutions per relationship across the merchant solutions set – transarmour, equipment, IPP, etc.
  • Work across a matrixed coverage organization to achieve objectives – working with banker and TSO to uncover opportunities, advise in the best way to target prospects and close new business
  • Manage the existing portfolio of merchant clients looking for ways to examine the business, drive more volume, deploy more product and responsibly retain and grow revenue
  • Be first point of call for bankers, TSOs and clients on merchant business, advice, portfolio management
  • Provide strategic guidance to help clients stay ahead of merchant trends and be committed to delivering the solutions that make commerce easier.

Preferred Qualifications

  • 2-5 years experience in the Dealer Finance Vertical
  • Expert Knowledge with Dealer Management Systems (DMS)
  • Experience working with National/Enterprised Sized clients


TaggedBank of AmericaEnterprise SalesFinance & Operations & StrategyMid LevelSales & Account ManagementSenior

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