Business Development Executive (Hire Purchase)

X STAR TECHNOLOGY PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A premier automotive financial services provider in Singapore is seeking a seasoned Business Development Executive. You will be responsible for developing strategic partnerships, formulating business strategies, and leading advertising campaigns. Ideal candidates should have a degree in Banking & Finance or a related field, along with 1 to 3 years of experience in business development. You will drive marketing initiatives within the automotive financing ecosystem.

Qualifications

• 1 to 3 years of experience in strategic regional business development.
• Knowledge in banking and automotive finance.
• Experience in leading advertising and marketing campaigns.

Responsibilities

• Develop strategic partnerships in the automotive financing ecosystem.
• Formulate business development strategies.
• Identify market gaps and work with partners to drive initiatives.

Skills

Business development strategies

Market intelligence

Advertising campaigns

Partnership development

Communication skills

Education

Degree in Banking & Finance, Accounting, Marketing

Job description

Company Overview:

X Star is a premier automotive financial services and technology provider, specializing in transforming the automotive industry through innovative solutions in vehicle valuation, financing, and cross-border transactions. Leveraging advanced algorithms and blockchain-based trust frameworks, X Star is committed to building an automotive ecosystem with more convenient, safe and efficient financing services overseas.

Headquartered in Singapore, X Star operates across key markets, including Japan and Mexico, with a strategic focus on the RCEP (Regional Comprehensive Economic Partnership) region. Our Singapore business alone has facilitated over SGD 100 million in cumulative loans, demonstrating strong market traction and scalability.

As the continuous growth of business, we are looking for passionate Business Development Executive to strengthen the sales capabilities in Singapore.

Job Responsibilities:

• Based in Singapore, you will be part of sales team and responsible for developing strategic partnerships in the automotive financing ecosystem. The daily responsibilities include:
• Formulate business development strategies for pitching, proposing, and selling new relationships
• Identify gaps and opportunities in the market and work closely with ecosystem partners to drive marketing initiatives for various auto financing channels.
• Curate and implement advertising campaigns.
• Keep abreast of new trends in the automotive sales and financing ecosystem to ensure the relevance of marketing and advertising campaigns.
• Explore, establish and grow new business partnerships both locally and regionally.
• Conduct research to build market intelligence in industry.
• Prepare and present regular and timely updates of management reports, market intelligence, and regulatory changes for management oversight.
• Any other duties assigned from time to time.

Job Requirements:

The ideal candidate we are looking for should be a seasoned professional with

• Degree in Banking & Finance, Accounting, Marketing and it’s relevant.
• With 1 to 3 years of working experience in a strategic regional business development role with a proven record in partnerships.
• Knowledge in banking and automotive finance matters such as market environment, mechanics and legal issues and implications.
• Strong track record in leading advertising and marketing campaigns.
• Relevant experience on FinTech and Mobility Technology is a plus.
• Excellent communication and problem-solving skills.
• Innovative, agile and result focused.