Business Development Manager/Senior BD Executive, Automotive Finance
X STAR FINANCIAL SERVICES PTE. LTD. Business Development Manager/Senior BD Executive, Automotive Finance
Description
X Star is seeking an experienced and commercially driven Business Development Manager / Senior BD Executive to accelerate the growth of our automotive financing business in Singapore.
The ideal candidate will bring deep industry knowledge, an established professional network, and a strong understanding of the Singapore automotive financing landscape.
Key Responsibilities
Business Development & Dealer Network Expansion
- Leverage established professional relationships within Singapore's automotive dealer ecosystem to accelerate business development and generate new Hire Purchase financing opportunities.
- Develop and maintain strong relationships with new and existing car dealers, automotive distributors and other relevant business partners.
- Drive consistent growth in monthly loan applications, approvals and disbursements.
- Identify opportunities to expand market coverage, strengthen dealer engagement and increase business penetration.
- Build sustainable dealer relationships through responsive service, competitive financing solutions and effective account management.
Hire Purchase Financing & Commercial Performance
- Promote X Star's automotive financing products, including new and used vehicle Hire Purchase solutions.
- Demonstrate strong knowledge of automotive financing structures, loan pricing, credit requirements, dealer financing practices and market competition.
- Work closely with Credit, Risk and Operations teams to facilitate efficient loan processing and disbursement.
- Monitor sales performance, dealer productivity, loan conversion rates and financing profitability.
- Provide market intelligence on competitor offerings, dealer requirements, financing rates and emerging opportunities.
Business Growth & Execution
- Develop and execute business plans to achieve monthly loan disbursement and revenue targets.
- Identify high-potential dealer accounts and establish a structured account development strategy.
- Deliver measurable business results within the initial months of employment.
- Maintain accurate sales pipelines, dealer engagement records and business forecasts.
- Support the continuous improvement of sales processes, customer experience and business efficiency.
Requirements
- Minimum 5–8 years of relevant sales or business development experience in Singapore's automotive finance, Hire Purchase or vehicle financing industry.
- Proven track record in developing and managing automotive dealer relationships and achieving loan disbursement targets.
- Established and active professional relationships with automotive dealers, with the ability to generate business opportunities shortly after joining.
- Strong understanding of Hire Purchase financing, loan application processes, credit assessment requirements and automotive financing products.
- Experience with established automotive finance companies, leasing companies, banks or non-bank financial institutions is highly desirable.
- Strong commercial acumen, negotiation skills and relationship management capabilities.
- Self-motivated, results-oriented and capable of working independently with minimal supervision.
- Experience managing key dealer accounts or mentoring junior sales professionals would be an advantage.
What We Offer
- Highly competitive base salary aligned with individual experience and proven performance.
- Attractive performance-based sales incentives.
- Opportunity to leverage existing industry expertise and professional relationships to deliver immediate business impact.
- Opportunity to play a key role in driving the growth and transformation of Singapore’s automotive financing industry.
- Career development opportunities aligned with business growth and individual performance.
Interested candidates are invited to submit their resumes, highlighting their automotive finance experience, dealer relationship management achievements and historical loan disbursement performance.