Market Development Manager (Los Angeles, CA)

Posted 17 Days Ago
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Hiring Remotely in Los Angeles, CA
Remote
5-7 Years Experience
Artificial Intelligence • Big Data • Machine Learning • Analytics • Financial Services
The Role
Seeking a Market Development Manager to establish a market presence in Southern California, develop partnerships, and increase contract volume in the Automotive Finance industry. Responsibilities include signing up new dealerships, training dealers on program usage, analyzing business trends, and setting goals for growth. Requires 80% travel within the market territory and bilingual fluency in Spanish and English.
Summary Generated by Built In

At Lendbuzz, we believe financial opportunity should be more personalized and fair. We develop innovative technologies that provide underserved and overlooked borrowers with better access to credit. From our employees to our dealers, partners, and borrowers, we’ve built a company and a culture around a resolute belief in the promise and power of diversity. We value independent and critical thinking.


We are searching for a Market Development Manager to join our rapidly growing sales team. This position will lead the charge as we work to develop a market presence in Southern California. The ideal candidate will utilize their deep understanding of Automotive Finance and extensive network of Dealer contacts to quickly establish partnerships and increase contract volume while gaining market share. Reporting directly to the Chief Sales Officer, they will partner with Senior Leadership to identify high potential sub-markets and determine the right number of account managers necessary to maximize growth potential.

Responsibilities

  • Utilize strong interpersonal skills and a proven sales aptitude to sign up new dealerships to our network
  • Ensure success of these relationships by training dealers how to effectively utilize the Lendbuzz program and maximize profit through deal structuring 
  • Partner with our underwriting and inside sales teams in order to provide a first class customer experience to our dealers and consumers 
  • Consistently analyze and review business trends to identify gaps to plan and executionIdentify, understand and analyze dealer’s opportunities and needs as well as promote growth. 
  • Build high quality relationships at all levels
  • Use data to determine the market share potential for Lendbuzz throughout North Texas, and identify the need for additional team members in the area 
  • Establish specific, time-sensitive goals for new dealer enrollments and contract volume and determine the right number of field sales people necessary to achieve them. 
  • Partner with the Sales Recruiting Team to develop a talent pipeline in order to achieve these targets

Experience / Abilities

  • Minimum of 5 years experience working in Automotive F&I or Lending 
  • Bilingual fluency in Spanish and English
  • An existing network of dealer contacts in the defined territory
  • A valid driver’s license, insurance and registration
  • Residence within or near this assigned territory Minimum travel of 80% in the market

We believe:


Diversity is a competitive advantage. We celebrate our differences, and are better when we have a variety of experiences, viewpoints, and backgrounds.


Compassion is a strength. We care about our customers and look to build long-term relationships with them.


Simplicity is a key feature. We work hard to make our forms and processes as painless and intuitive as possible.


Honesty and transparency are non negotiable. We incorporate these traits in all of our interactions.


Financial opportunity belongs to everyone. We work every day to improve lives by extending this opportunity.


If you believe these things too then we would love to hear from you!

The Company
HQ: Boston, MA
148 Employees
On-site Workplace
Year Founded: 2018

What We Do

Lendbuzz is an AI-based auto finance platform that helps consumers with thin or no credit history obtain financing when purchasing a car. Powered by machine learning and proprietary algorithms, Lendbuzz can assess the creditworthiness of consumers with limited credit history—a group underserved by traditional banks. Through their auto dealership partners, Lendbuzz offers consumers attractive financing solutions while opening up opportunities for those dealerships to serve a more diversified client base. Lendbuzz is headquartered in Boston, Massachusetts and was founded in 2015.

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