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State Sales Director



Sales & Business Development
United States
Posted on Monday, July 1, 2024

ClassWallet, a leading financial technology company in the United States, is seeking to hire a State Sales Director to join our team.

ClassWallet is a financial technology company serving agencies delegated responsibility to manage public funds. Agencies use ClassWallet to get public funds to the right people, and ensure the funds are used for the right purpose. ClassWallet’s suite of products and services empowers agency administrators to dramatically increase efficiency of funds distribution and spend compliance, reduce programmatic costs, maximize the full potential impact of the program, and satisfy the needs and expectations of policymakers, constituents and public reporting. ClassWallet has processed over $3.5 Billion to date and serves public agencies across 33 states.

The Company has developed an industry-defining digital wallet solution which has gained rapid traction among state and local agencies and school districts across America. ClassWallet ranks as the 61st fastest growing software company on the prestigious Inc. 5000 list of fastest-growing private companies and the 21st fastest growing financial technology company on the Deloitte Technology Fast 500 in 2023.

While the Company delivers immense business value, the social impact of ClassWallet is a fabric that runs through its mission and corporate culture. As a result of ClassWallet’s innovation, public programs run with exponentially more efficiency and the impact and breadth of the programs for the individuals they serve is dramatically higher. This mission compliments the Company mission-based culture with focus on gratitude and work-life balance.

About the Role

As a State Sales Director you will be directly responsible for cultivating relationships with key State and Local Government Agencies within an assigned territory to meet or exceed your sales targets. Your ability to build deep and meaningful relationships within a state or local agency plays a critical role to meet your sales goals related to expanding access to ClassWallet's solution.

Job Responsibilities:

  • Develops and executes a strategic territory sales plan to engage leaders at the state and local agencies. Leverages internal ClassWallet subject matter experts, government relations, solution engineering, executives and other resources to close business.
  • Manages/creates/expands new state and local sales opportunities in assigned territory by developing and advancing pipeline in new and existing accounts
  • Creates and closes opportunities to achieve assigned quota
  • Manages/creates strong relationships with State and Local Agency organizations at all levels
  • Educates and influences state and local agencies on upcoming RFPs
  • Works as sales lead on executive summaries and win themes for all RFPs
  • Represents ClassWallet at State/National events
  • Partner with system integrators, technology companies and other organizations to create and close opportunities
  • Negotiate state level contracts and close agreements
  • Informs strategic partnerships and strategic opportunities
  • Accurately forecast sales pipeline in our CRM (HubSpot)