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Account Executive

First Street Foundation

First Street Foundation

Sales & Business Development
New York, NY, USA
Posted on Thursday, July 11, 2024
Who we are: First Street is the industry standard for physical climate risk data. We use transparent and peer-reviewed methodologies to calculate the past, present, and future climate risk for every property in the world. We started eight years ago by working with the world’s leading climate scientists to create groundbreaking, climate-adjusted, property specific models and haven’t stopped.

Our mission: We exist to connect climate change to financial risk

Our data: We create physics-based, deterministic models of flooding, wildfire and hurricanes, and advanced statistical models of extreme heat, air quality, drought, hail, severe convective storms, winter storms, and more. All of this data is used to create property-level financial risk metrics and macroeconomic variables to quantify the impacts of climate change.

Our customers: We empower governments at the highest levels to make smart regulations, businesses to avoid bad investments, and everyday Americans to understand their personal risk from climate change. We are relied on every day by:

  • Agencies ranging from the U.S. Department of Treasury to Fannie Mae
  • The world's biggest banks such as Bank of America and Wells Fargo
  • Institutional investors like Nuveen and Blackstone
  • Millions of users on Redfin, Realtor.com, Homes.com, and more

We believe: Our work needs to match the pace and scope of the climate problem. This is why we have invested tens of millions of dollars into our science, data, people, and products and have raised tens of millions more to move even faster.

Come join us and use your talents to create solutions to address humanity's biggest problem.

Team & Role Overview:

This Account Executive role presents the opportunity to join First Street as a founding member of the sales team. You will build on the considerable success of existing founder-led sales, by establishing and executing on enterprise sales efforts at First Street. We are building a small initial sales team that will focus on industry verticals where First Street has an established reference customers. Future growth will arise in pursuing additional industry sectors.

As a founding Account Executive, you will report directly to the Head of Sales, and will collaborate with colleagues across business development, product, climate science and data, as you successfully grow sales efforts and revenue across targeted accounts.

What you’ll do:

  • Manage all aspects of the sales process including lead identification and management, qualification, structured progression through sales stages, deal negotiation and closing
  • Build and maintain strong relationships with key decision makers and stakeholders at prospects, with functions including enterprise risk, credit, data analytics / quantitative modeling, climate risk / sustainability, finance / accounting
  • Collaborate with internal subject matter experts to identify value and deliver tailored demos and proposals that address business needs / pain points for prospects
  • Understand prospects’ challenges and needs, and effectively translate knowledge of First Street product into customer benefits
  • Conduct meetings, product demos, presentation and negotiation with prospects
  • Build and manage a robust sales pipeline, including tracking and reporting
  • Consistently exceed sales quota targets. This is a quota-carrying sales position with a strong focus on new logo acquisition
  • As required, travel to meet with prospects in support of sales efforts

What you’ll need:

  • Experience in enterprise sales and/or business development
  • Track record of selling data / SaaS / software to US corporates
  • Excellent communication and interpersonal skills, with ability to build relationships and influence key decision makers at all levels
  • Strong presentation skills with the ability to communicate complex technical solutions to non-technical stakeholders
  • Curiosity and willingness to learn about First Street’s product, and a passion for
  • A hunter mentality with strong work ethic, and a drive to succeed in a fast-paced, high-energy environment
  • Track record of meeting and exceeding sales revenue targets
  • Proven capability to execute go-to-market strategy in industry vertical
  • Demonstrated ability to generate new leads through a variety of sources
  • Education minimum requirement - Bachelor’s degree in a relevant discipline

What will make you stand out:

  • Experience in working with financial institutions (banks, insurers), real estate companies (specifically REITs or asset managers)
  • An analytical mindset - given our science-based, analytical approach to climate risk
  • A passion for making a difference - through spreading the use

How we work:

  • Passion: We are driven by our shared goal to fight climate change
  • Impact: We only focus on things that move the needle
  • Urgency: We move quickly because the world depends on it
  • Positivity: We are optimistic and enthusiastic in all that we do

What we offer:

  • Competitive salary commensurate with experience
  • Ownership interest in the company via Employee Stock Option Plan
  • Hybrid Schedule with in-office work days on Monday, Wednesday and Thursday
  • 15 vacation days along with 13 company holidays and 10 sick days
  • Health benefits covered at 100% for employee or a significant contribution for family plans
  • Vision and dental benefits with partial employee contribution
  • 12 weeks of paid parental leave
  • Access to One Medical, Teledoc, HealthAdvocate, Kindbody, and Talkspace
  • Company 401k program
  • Commuter benefits
  • Life Insurance
  • Tech startup environment
  • Weekly team meals and an office stocked with coffee and snacks
  • Working on the world’s biggest issue with other passionate professionals

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.