Full-Time

Vice President

Sales & Partnerships, RV & Marine

Confirmed live in the last 24 hours

Octane

Octane

201-500 employees

Instant financing for lifestyle purchases

Fintech
Financial Services

Compensation Overview

$200k - $220kAnnually

+ Stock Option Package

Senior, Expert

Remote in USA

Category
Field Sales
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Data Analysis
Requirements
  • 15+ years experience in a growth leadership role at an OEM, lending business, or growth business with a merchant distribution network
  • Experience setting and achieving ambitious KPIs for a sales team
  • Strong analytical skills and the ability to evaluate ROI against strategies
  • Pragmatic and can make good compromises to achieve positive business outcomes
  • Positive roll-up-the-sleeves attitude while working with stakeholders
  • Flexible, collaborative problem-solver who is passionate and enthusiastic about working in a startup atmosphere
  • Excellent interpersonal and communication skills, both verbal and written
  • Positive and practical disposition
Responsibilities
  • Develop the sales roadmap to achieve annual origination targets.
  • Create and drive the go-to-market growth strategy for retail financing in RV & Marine.
  • Provide strategic input and direction to the organization based on market feedback on existing and prospective programs and product features.
  • Create the sales team flight formation and strategy in RV & Marine.
  • Drive dealer activation, engagement, and enrollment strategy and execution.
  • Develop and execute sales and business development strategies and tactics to secure high value OEM, dealer group, and strategic partnerships in the RV & Marine market.
  • Own and manage relationships with select existing and potential partnerships, leveraging sales and marketing tools to drive program adoption of any high-potential business development partnerships.
  • Provide strategic input and direction to the organization based on market feedback on existing and prospective programs and product features.
  • Identify, research and evaluate opportunities to adapt credit programs and expand OEM, dealer group, and strategic partnerships.
  • Lead partnerships, sales, and account management efforts with for Captive-as-a-service partnership targets in RV & Marine.
  • Expand business relationships with existing partners including but not limited to the adoption of new credit programs, new asset classes, and digital retailing opportunities.
  • Develop creative, data-driven presentations that will highlight the benefits of an Octane partnership for both target and existing partner OEMs, dealer groups, and/or strategic partners, perform sales presentations and create customizations per client needs.
  • Collaborate cross-functionally with credit strategy, product, engineering, ops, and other departments to evolve our product with partner and business needs in mind.
  • Mentor and develop your team.

Octane provides instant financing solutions for lifestyle purchases, specifically targeting items like motorcycles, ATVs, and mowers. Their service allows customers to receive quick credit decisions, making the buying process smoother whether shopping online or in-store. Octane stands out by offering personalized financing options that involve a soft credit pull, meaning customers can check their rates without affecting their credit scores. This approach caters to a wide range of clients, including prime borrowers, credit builders, and first-time buyers. The company's goal is to simplify the financing process, making it more accessible and inclusive for everyone.

Company Stage

N/A

Total Funding

$190.6M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

3%

1 year growth

7%

2 year growth

-4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Octane's strategic agreements with major brands like Kawasaki expand its market reach and offer competitive financing options.
  • Winning the 'Consumer Lending Innovation Award' highlights Octane's leadership and innovation in the fintech space.
  • The company's continuous growth in asset-backed securitizations, totaling over $3.7 billion, indicates strong financial health and growth potential.

What critics are saying

  • The niche focus on powersports and recreational vehicles may limit market opportunities compared to broader fintech companies.
  • Dependence on asset-backed securitizations for funding could pose risks if market conditions change or investor interest wanes.

What makes Octane unique

  • Octane's focus on the powersports and recreational vehicle market sets it apart from other fintech companies that target broader consumer lending sectors.
  • The company's robust asset-backed securitization program, with multiple AAA-rated transactions, demonstrates financial stability and investor confidence.
  • Octane's innovative tools like Dealer Portal 2.0 and Prequal Flex provide unique, industry-first functionalities that enhance the dealer and customer experience.

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