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Business Development Executive (Hire Purchase)
Job summary
A leading automotive financial services provider in Singapore is seeking a Business Development Executive. The ideal candidate will possess a degree in Banking & Finance, strong communication skills, and 1-3 years of experience in business development. Responsibilities include formulating strategies for new partnerships, implementing marketing campaigns, and conducting market research to enhance the company’s operations in Singapore.
Qualifications
- 1 to 3 years of working experience in regional business development.
- Knowledge in banking and automotive finance matters.
- Experience in leading advertising and marketing campaigns is a plus.
Responsibilities
- Formulate business development strategies to sell new relationships.
- Identify market gaps and work with partners on marketing initiatives.
- Curate and implement advertising campaigns.
- Explore and grow new business partnerships.
- Conduct research to build market intelligence.
- Prepare management reports and updates.
Skills
Education
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.
- 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.
- 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.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.