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The Customer Renewal Manager (CRM) is responsible for driving the end-to-end renewal lifecycle for assigned customers in a defined Unit/Area. As part of Teradata's Go-To-Market (GTM) organisation, this position will serve as the primary role responsible for sustaining/renewing customers and growing our ARR baseline. The CRM will partner closely with the Account team including Customer Experience and Finance to ensure effective account collaboration and cancels and erosions prevention. The CRM will be responsible for managing several customers to business objectives including recurring revenue retention and growth, on-time renewal execution, expansions, and outlook accuracy. The CRM will work with the account team on account planning to identify customer needs/risks and opportunities both in preparation for upcoming renewals as well as mid-term adjustments and Cloud opportunities. The CRM is responsible for being the expert in Teradata's renewal/sustainment strategy and works directly with the customer to negotiate standard and custom renewals including terms, SLAs and penalties. The CRM will align the renewal strategy with the Account Executive (AE), Customer Solution Architect (CSA) and wider account team to achieve optimal results. A key responsibility of the CRM is completing and executing preventive actions on Cancellations and Erosions, leveraging early insights and collaborating with Field Technology Management, Services Delivery Management and Customer Services Management. The CRM will be responsible for the development, application and delivery of cancel and erosion save plans alongside the Customer Services Architect (CSA), with the aim to increase customer retention and revenue retention; in addition to the identification of upsell and cross sell. As an integrated member of the GTM account team, this role is primarily responsible for retaining recurring revenue across Teradata's business through exceptional renewal sales execution. This includes building and maintaining strong partnerships with both internal and customer stakeholders.
Job Responsibility
Driving the end-to-end renewal lifecycle for assigned customers in a defined Unit/Area
Serving as the primary role responsible for sustaining/renewing customers and growing our ARR baseline
Partnering closely with the Account team including Customer Experience and Finance to ensure effective account collaboration and cancels and erosions prevention
Managing several customers to business objectives including recurring revenue retention and growth, on-time renewal execution, expansions, and outlook accuracy
Working with the account team on account planning to identify customer needs/risks and opportunities both in preparation for upcoming renewals as well as mid-term adjustments and Cloud opportunities
Being the expert in Teradata's renewal/sustainment strategy and works directly with the customer to negotiate standard and custom renewals including terms, SLAs and penalties
Aligning the renewal strategy with the Account Executive (AE), Customer Solution Architect (CSA) and wider account team to achieve optimal results
Completing and executing preventive actions on Cancellations and Erosions, leveraging early insights and collaborating with Field Technology Management, Services Delivery Management and Customer Services Management
Being responsible for the development, application and delivery of cancel and erosion save plans alongside the Customer Services Architect (CSA), with the aim to increase customer retention and revenue retention
Identification of upsell and cross sell
Retaining recurring revenue across Teradata's business through exceptional renewal sales execution
Building and maintaining strong partnerships with both internal and customer stakeholders
Requirements
BSc/BA degree or equivalent
Minimum of 5 years related work experience
Demonstrated sales success managing account relationships and developing new account opportunities
Ability to work with multiple Customers at the same time including capturing each engagement's discussions, notes, follow-up, issues, etc.
Ability to work successfully at the intersection of business, technology and services and translate/communicate across both
Presence: enthusiastic and high energy, but also poised, confident and extremely professional
Innovative and assertive, with the ability to pick up new technologies and assess situations quickly
Fluent in the following tools: Salesforce, Excel, PowerPoint, SharePoint, ERP, Install Base and Contract Lifecycle Management solutions
Advanced interpersonal, listening and communication skills, including presentation and facilitation skills, and a track record of effectively communicating with and influencing at all levels
Must possess excellent verbal and written communication skills
Proven project and time management skills with ability to thrive in a fast-paced, team environment and handle multiple tasks simultaneously
Demonstrate personal and professional values consistent with Teradata's values
Be highly collaborative, transparent, organised, detail oriented and a stickler for accuracy
Nice to have
Technical knowledge of database systems, operating systems