Business Development Manager - Auto Loan at Litefi Limited

Litefi Limited is a dynamic financial services provider committed to empowering individuals and businesses to achieve their financial aspirations. With a focus on innovation and personalized solutions, we offer a comprehensive range of tailored financial products and services. From flexible loans and investment options to expert financial advice, Litefi is your trusted partner on the path to financial success.

We are recruiting to fill the position below:

Job Title: Business Development Manager - Auto Loan

Location: Lagos

Role Overview

• Experienced Business Development Manager sought to aggressively grow our auto loan portfolio by targeting individuals who own vehicles (existing or intending to purchase new/foreign used) and wish to use them as collateral for loan acquisition. 
• Leverage your network and expertise to reach these potential borrowers and drive significant loan disbursements.

Key Responsibilities

• Identify and engage individuals with existing vehicles suitable for loan collateral.
• Develop relationships with prospective borrowers looking to finance new or foreign used vehicle purchases using the vehicle as collateral.
• Maintain strong relationships with clients throughout the loan process.
• Develop and execute targeted business development strategies focused on collateral-based auto lending.
• Stay informed on market trends relevant to vehicle ownership and financing.
• Collaborate with internal teams for smooth loan processing and collateral valuation.
• Provide sales forecasts and reports.
• Establish partnerships with entities that can connect us with individuals seeking collateral-based auto loans (e.g., dealerships selling foreign used cars, online marketplaces for vehicles).
• Drive auto loan origination volume by effectively communicating the benefits of using vehicle equity as collateral

Qualifications

• Minimum of 2 years' experience specifically in auto loan origination or business development, with a focus on or understanding of collateral-based lending.
• Excellent communication, negotiation, and presentation skills.
• Understanding of vehicle valuation and collateral assessment.
• Goal-oriented with a strong drive to achieve results.
• Proficiency in CRM and MS Office Suite.
• Minimum of 5 years' overall experience in a business development or sales role.
• Proven track record of acquiring new loan customers.
• Strong network within the automotive ecosystem (dealerships, individual sellers, potential borrowers).

Compensation & Benefits

• Competitive base salary.
• Attractive performance-based bonus structure tied to loan volume.
• Comprehensive benefits package.
• Opportunities for career growth.
• Dynamic and supportive work environment.

How to Apply
Interested and qualified candidates should:
Click here to apply