Commercial Strategy Director

February 19

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Logo of WEX

WEX

WEX is a global commerce platform specializing in various business solutions to address operational challenges. They provide services in managing and mobilizing fleets with their fuel card systems, offering comprehensive fleet management and analytics. Additionally, they focus on business payments solutions that streamline processes across industries, enhancing efficiency and security. WEX is also involved in employee benefits administration, helping organizations effectively manage health and reimbursement accounts. Their diverse range of services caters to numerous sectors, emphasizing innovation, sustainability, and effective solutions for business growth.

Fleet payments • Heathcare payments • Travel payments • Virtual payments • Corporate payment solutions

5001 - 10000 employees

Founded 1983

🚗 Transport

💸 Finance

💳 Fintech

💰 $310M Post-IPO Debt on 2020-06

📋 Description

• Influence and support Wex’s Health & Benefits GTM strategy, in alignment with overall business objectives. • Conduct market analysis, competitive assessments, and customer segmentation to identify growth opportunities and target markets. • Develop go-to-market strategies, pricing models, and channel strategies to maximize revenue generation. • Drive market research in support of a build, buy, partner approach to expanding market reach. • Support content & material development to present to Wex’s executive leadership team and/or board of directors as needed. • Collaborate with competitive intelligence resources to monitor industry trends, regulatory changes, and competitive landscape to proactively adapt commercial strategies. • Develop and implement a robust competitive intelligence program to monitor and analyze competitor activities, industry trends, and emerging technologies, in collaboration with the competitive intelligence & market response team. • Conduct in-depth research on competitors' products, services, pricing, marketing strategies, and financial performance. • Identify potential disruptions, competitive threats, and opportunities, and develop strategies to mitigate risks and capitalize on advantages. • Proactively monitor industry events, conferences, and publications to stay abreast of market developments. • Collaborate with sales leaders & key cross functional partners to execute strategic initiatives focused on sales optimization and/or long-term revenue growth drivers. • Develop and maintain revenue forecasts, in collaboration with finance, and sales projections, incorporating market trends and competitive dynamics. • Contribute to the annual budgeting and planning process, providing insights on commercial opportunities and resource allocation.

🎯 Requirements

• Bachelor's degree in Business Administration, Marketing, or a related field; MBA or Master's degree preferred. • 10+ years of experience in commercial strategy, corporate development, investment banking, sales operations, business analytics, or a related field. • Proven track record of developing and executing successful commercial strategies that drive revenue growth. • Strong analytical and problem-solving skills, with the ability to translate data into actionable insights. • Excellent communication, presentation, and interpersonal skills. • Experience in leading and managing high-performing teams. • Knowledge of CRM systems and marketing automation platforms. • Experience in the software or technology industry. • Familiarity with market research methodologies and competitive intelligence. • Strong understanding of financial modeling and forecasting. • Corporate development experience.

🏖️ Benefits

• 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.

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