Auto Finance Manager

BYD Colombia; Bogotá; On-site; COP 90,000,000 - 180,000,000; Full time

Job summary

BYD Colombia seeks a finance professional to develop and implement retail auto finance strategies across Colombia and Ecuador, aligning with OEM sales targets and enhancing financing options for customers.

The role includes building relationships with banks, coordinating with OEM sales, training dealer teams, analyzing market trends, and ensuring regulatory compliance to improve customer experience.

Job description

Develop and implement retail auto finance and floor plan (when applicable) strategies to support OEM sales targets in Colombia and Ecuador.

Build and maintain strong relationships with local financial institutions, banks, and other lending partners

Conduct regular training sessions for dealer sales teams on product knowledge, sales techniques, compliance, and ethical standards.

Analyze market trends and customer preferences to tailor financing solutions.

Coordinate with OEM sales teams and dealerships to facilitate financing options for customers.

Coordinate with the banks to study the end-to-end auto finance process, including credit approval, documentation, and funding.

Coordinate with the banks to monitor portfolio performance, including approval rates delinquency rates, defaults, and compliance with regulatory requirements.

Stay updated on all relevant legal and regulatory changes affecting automotive finance.

Mitigate risk related to wholesale financing (floorplan) for the dealer network.

Prepare reports and forecasts on financial performance, risks, and opportunities.

Collaborate with cross-functional teams to improve financing services and customer experience.