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Commercial Operations Manager

Alloy is where you belong!

Alloy is a leader in the fraud prevention space. We help some of the most innovative banks and fastest growing fintech companies grow and scale operations by allowing them to find more good customers and onboard them without increasing the risk of fraud. 

Through our values: Be Bold, Get Scrappy, Collaborate, and Celebrate Our Differences, we are creating a workplace where you can grow, thrive, and belong. See how we’ve been continuously recognized and named one of Inc. Magazine’s Best Workplaces, Best Fintech to Work for by American Banker, and Best Place to Work by Built in NYC year after year. 

Check out our investors and read more about us here.

About the team

We’re expanding the Client Success team and looking to add a Commercial Operations Manager to drive the renewal process for our bank, credit union and fintech client base.  The early stage of this role will focus on our small to midsize business renewals, financial related matters and the core function is to maintain the existing client portfolio.  Additionally this individual can develop strategies to utilize the renewal as an opportunity to perform a health check on clients and perform discovery for upsell and cross sell or technical engagement packages.  Working closely with Client Success leadership, Account Executives,Technical Account Management,  Revenue Operations and Finance to stabilize and grow their client portfolio.

What you’ll be doing

  • Engage, renew, and grow our existing client base
  • Proactively contact clients directly to negotiate terms and conditions for renewals
  • Prepare renewal proposals, quotations, and generate documents for signature
  • Continuously learn about our product and competitive landscape 
  • Coordinate with Customer Success Managers and Legal to proactively identify key upcoming renewal discussions
  • Manage all different facets of renewals process & iterate on that process for efficiency over time
  • Forecast trends and suggestions on how those trends can enhance retention rates
  • Refine renewal strategies to proactively engage a client and mitigate churn and contraction
  • Identifying cross-sell, upsell and professional services opportunities and perform discovery prior to handing off to an Account Executive

What we're looking for

  • 5+ years of experience in renewals, business development sales, or client success (account management with an upsell quota)
  • Proven success in managing executive-level relationships with clients or partners
  • Experience working with banks and/or Fintechs a plus
  • Demonstrated track record working in a results-driven role that directly impacted the growth of a business and quota attainment
  • Experience building out renewal processes with empathy and persuasive 
  • Cross functional skills, particularly related to Accounts Receivable, procurement, forecasting, and reporting
  • Experience working with any customer success platforms such as Catalyst, Gainsight, Totango, or Churn Zero as well as legal document generation platforms like Ironclad and Salesforce a plus
  • Experience in automation and workflow efficiency to help streamline and scale the process as we continue to expand our client base.

At Alloy, we strive to attract & retain talent by providing compensation that is competitive with other organizations of our size & stage. We are committed to ensuring each candidate has what they need to be successful in their role with a balanced range of compensation, equity, perks & benefits. We actively share our compensation philosophy with employees, with the goal of fostering open and honest dialogue. Finally, we work to administer our philosophy and drive consistency in order to promote equity and monitor the fairness of each outcome.

The following range is based on the scoped level within the organization and only for highly targeted geographies: base salary range of $124K-150K + 10% variable compensation

Benefits and Perks

  • Unlimited PTO and flexible work policy
  • Employee stock options
  • Medical, dental, vision plans with HSA (monthly employer contribution) and FSA options
  • 401k with 100% match up to 4% of annual employee compensation 
  • Eligible new parents receive 16 weeks of paid parental leave 
  • Home office stipend for new employees
  • Learning & Development annual stipend
  • Well-being benefits include access to OneMedical, Headspace, and more

How to Apply

Apply right here. You've found the application!

Alloy is proud to be an equal opportunity workplace and employer. We’re committed to equal opportunity regardless of race, color, ancestry, religion, gender, gender identity, parental or pregnancy status, national origin, sexual orientation, age, citizenship, marital status, disability, or veteran status.

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Average salary estimate

$137000 / YEARLY (est.)
min
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$124000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Commercial Operations Manager, Alloy

If you're looking to step into a pivotal role at a dynamic company, consider joining Alloy as a Commercial Operations Manager in New York City! At Alloy, we understand the importance of establishing and nurturing relationships with our clients, especially in the fraud prevention space. In this position, you'll be at the heart of our Client Success team, driving the renewal process for a diverse portfolio that includes banks, credit unions, and fintech companies. Your primary focus will be on managing and executing renewals for our small to midsize business clients, but the role doesn't stop there! You'll have the opportunity to dive deeper into client health checks, while also looking for opportunities to upsell and cross-sell. You'll collaborate closely with leaders across the organization, enhancing the client experience while using your keen insights to influence growth strategies. From negotiating terms to preparing proposals, every day will present new challenges and chances to make a lasting impact. We pride ourselves on fostering an innovative workplace that celebrates differences and encourages personal and professional growth. At Alloy, you won't just be filling a position; you'll be part of a mission that helps innovative banks and fast-growing fintechs scale their operations safely and effectively. If you're ready to be bold, scrappy, and a part of a winning team, we can't wait to meet you!

Frequently Asked Questions (FAQs) for Commercial Operations Manager Role at Alloy
What does a Commercial Operations Manager do at Alloy?

The Commercial Operations Manager at Alloy plays a crucial role in managing client renewals and growing the existing client portfolio. This position involves engaging directly with clients, negotiating terms, preparing renewal proposals, and coordinating with various teams to enhance client retention. The overall aim is to ensure that Alloy's clients receive exceptional service while maximizing growth opportunities.

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What skills are required for the Commercial Operations Manager position at Alloy?

Candidates for the Commercial Operations Manager position at Alloy should have at least 5 years of experience in renewals or account management, particularly with an upsell quota. Skills in managing executive-level client relationships, understanding financial aspects, and familiarity with customer success platforms are essential. Experience in the fintech or banking sector is also a plus.

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What is the salary range for the Commercial Operations Manager role at Alloy?

The salary range for the Commercial Operations Manager position at Alloy is competitive, with a base salary between $124K to $150K, plus a variable compensation of 10%. This compensation reflects the vital role you will play in driving the company's growth and success.

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What benefits does Alloy offer to its Commercial Operations Manager?

Alloy provides a range of benefits designed to support its employees' well-being and professional development, including unlimited PTO, flexible work policies, employee stock options, comprehensive health plans, a 401k match, and paid parental leave. Additionally, new employees receive a home office stipend and learning and development stipends.

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What are the work hours like for the Commercial Operations Manager at Alloy?

The work hours for the Commercial Operations Manager at Alloy generally follow a standard business schedule, but the flexible work policy allows for adaptability to personal needs. This flexibility helps maintain a healthy work-life balance while working in a collaborative environment.

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How does Alloy promote career growth for Commercial Operations Managers?

Alloy is committed to fostering a culture of growth and learning. As a Commercial Operations Manager, you will have access to various professional development opportunities, a learning and development stipend, and a collaborative team environment that supports your career objectives and encourages continuous improvement.

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What is the application process like for the Commercial Operations Manager role at Alloy?

To apply for the Commercial Operations Manager position at Alloy, candidates can submit their applications directly through the provided link. The selection process typically includes an initial screening, interviews with key team members, and discussions about how your skills and experiences align with Alloy's mission and goals.

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Common Interview Questions for Commercial Operations Manager
Can you describe your experience in managing renewals and upselling?

In answering this question, reflect on specific examples where you have successfully managed renewals, highlighting your strategies for connecting with clients and establishing strong relationships. Discuss any upselling experiences and the positive outcomes that resulted, emphasizing your understanding of client needs.

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How do you handle difficult client negotiations?

To approach this question, share a specific instance where you faced a challenging negotiation. Detail your tactics in remaining calm, empathetic, and solution-focused. Highlight the importance of active listening and being prepared to find common ground for a successful outcome.

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What strategies do you use to monitor and improve client retention?

Demonstrate your knowledge by mentioning specific metrics or tools you've used to track retention rates. Share examples of strategies you implemented to engage clients proactively, such as regular check-ins or feedback loops, to identify opportunities for growth and satisfaction.

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How familiar are you with customer success platforms?

Talk about your previous experiences using customer success platforms like Gainsight or Totango. Elaborate on how these tools helped you streamline processes, monitor client health scores, and strategize on renewal initiatives. Showcase your ability to leverage technology in your role.

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Can you give an example of a successful process you implemented in your last role?

Share a specific process you introduced related to renewals or client engagement that significantly improved efficiency or outcomes. Quantify the results if possible and explain how your changes benefited both the organization and its clients.

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What do you believe is critical in maintaining executive-level relationships?

Explain the importance of trust and clear communication in executive relationships. Offer examples of how you’ve cultivated these relationships over time, focusing on the importance of consistently delivering value and engaging with them at a strategic level.

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How do you stay informed about industry trends and competition?

Discuss your habits for staying updated, like subscribing to industry newsletters, following market reports, or engaging with peer networks. Emphasize the importance of being aware of competitive landscapes in aiding decision-making and strategic planning.

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Describe a challenging project you managed and its outcome.

Present a succinct story of a challenging project, your actions, and the strategies you employed to overcome obstacles. Share the final measurement of success and how you modified your approach based on the project's lessons learned.

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What motivates you in your work as a renewals manager?

Discuss personal motivations such as a passion for building strong client relationships, contributing to company growth, and delivering outstanding service. Showcase how these factors drive your daily work and long-term career goals.

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Why do you want to work at Alloy as a Commercial Operations Manager?

Reflect on Alloy's mission, values, and reputation in the fintech industry. Explain how these align with your personal beliefs and career aspirations. Use this opportunity to convey excitement about contributing to a company known for innovation and client success.

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Alloy is the modern analytics and planning software solution for consumer goods brands. We empower these companies, which make the items we use, wear and consume every day, to evaluate, predict, and respond to true demand. Our SaaS platform autom...

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Full-time, on-site
DATE POSTED
November 28, 2024

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