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 is seeking a Business Development Executive in Singapore to strengthen sales capabilities. The role involves developing partnerships, conducting market research, and formulating strategies in the automotive financing ecosystem. Ideal candidates will have a degree in a relevant field and 1-3 years of experience in business development. Strong communication skills and knowledge in finance are essential.

Qualifications

• Degree in Banking & Finance, Accounting, Marketing, or relevant discipline.
• 1 to 3 years of working experience in business development.
• Knowledge in banking and automotive finance.

Responsibilities

• Develop strategic partnerships in the automotive financing ecosystem.
• Formulate business development strategies for new relationships.
• Conduct research to build market intelligence.

Skills

Business development strategies

Market intelligence

Communication skills

Problem-solving skills

Advertising and marketing campaigns

Education

Degree in Banking & Finance/ Accounting/ Marketing

Job description

Job Description & Requirements

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.

Due to the continuous growth of the business, we are now looking for a passionate Business Development Executive to strengthen the sales capabilities of our operations 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:

• Degree in Banking & Finance/ Accounting/ Marketing and/or any other relevant discipline.
• 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.
• Experience in leading advertising and marketing campaigns is a plus
• Relevant experience in FinTech and Mobility Technology would be preferred
• Excellent communication and problem-solving skills.
• Innovative, agile and result focused.