Business Manager - Automotive Financial Services (Nationwide)

CIMB Group Holdings Berhad; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading financial services group is seeking a Business Manager for its Automotive Financial Services division. The role focuses on executing sales strategies, managing performance, and ensuring compliance with guidelines. Responsibilities include developing sales tactics, overseeing loan applications, and maintaining administration. Candidates must demonstrate strong management skills and the ability to meet targets in a fast-paced environment. This position is based in Kuala Lumpur, Malaysia, and requires adherence to regulatory compliance.

Responsibilities

• Execute plans and strategies set by Head Office.
• Develop Hire Purchase sales tactics and plans in line with AFS sales strategy.
• Coordinate business activities to achieve AFC’s and the Bank’s objectives.
• Achieve management targets and manage sales staff performance.
• Ensure compliance with business rules and company guidelines.
• Oversee loan application evaluation and approval process.
• Manage disbursement documentation and approvals.
• Attend audits and follow up on corrective actions.
• Oversee AFC’s general administration and control.
• Monitor staff performance and provide guidance.

Job description

Business Manager - Automotive Financial Services (Nationwide)

• Execute plans and strategies set by Head Office.
• Develop Hire Purchase sales tactics and plans that are in line with the AFS sales strategy.
• Coordinate business activities in achieving AFC’s and the Bank’s objectives in line with the rules and regulations.
• Achieve the targets set by management and manage the actual performance against targets for the sales staff.
• Adhere to the Delegated Authority (DA) and Power of Attorney (PA) vested on the holder.
• Ensure strict compliance with business rules, terms of underwriting, Statutory requirements and company guidelines.
• Ensure timely pick-up of loan application for evaluation, verification, approval, including appeal (cases within Business Manager’s DA) and subsequent escalation to Retail Credit Management – Auto (RCRM-Auto) for decision.
• Ensure disbursement documentation in order and approved terms/conditions fulfilled and recommend to iCIMB for disbursement approval.
• Review and reply to audit reports, attend audit meetings, follow up on issues raised and ensure corrective/preventive actions are taken to avoid recurrence.
• Oversee AFC’s general administration matters and ensure proper control, i.e utility expenses, fixed assets, office equipment, maintenance premises and as key holder.
• Monitoring of performance of staff at AFC & Guidance to staff. Any other duties and responsibilities as assigned by Management from time to time.