Full-Time

Dealer Development Manager

Posted on 9/16/2024

Upgrade

Upgrade

1,001-5,000 employees

Offers personal loans, credit cards, rewards accounts

Fintech
Financial Services

Senior

Indianapolis, IN, USA

Requires residency in Indianapolis, IN.

Category
Commercial Banking
Finance & Banking
Required Skills
Market Research
Customer Service
Requirements
  • 5+ years of experience in auto financing, credit management, financial services or a related field
  • Ability to identify and resolve challenges in a timely manner by developing alternative solutions
  • Excellent verbal and written communication skills
  • Strong business acumen to drive profitability and quality for the company’s best interest
  • Strategic, forward thinking mindset that motivates teams to thrive and achieve their goals in a competitive market
  • Flexible mindset and perseverance in the role
Responsibilities
  • Identify and pursue new customer relationships by networking, conducting market research, and targeted outreach
  • Act as a consultant and customer service provider for existing dealership clients while also facilitating relationships between our dealership and clients, and credit and funding teams
  • Build and foster strong relationships with various key stakeholders to ensure the business is profitable and efficient
  • Continuously improve your territory by driving efficiency and profitability from your dealer base

Upgrade offers personal loans, credit cards, and rewards checking accounts to help individuals manage their finances. Their personal loans allow borrowing up to $50,000 with fixed rates and no prepayment penalties, while the Upgrade Card provides cash back rewards on various spending categories. What makes Upgrade different is its focus on affordable and flexible credit solutions, along with incentives for responsible financial behavior. The company's goal is to provide accessible credit options that promote long-term financial health.

Company Stage

Series F

Total Funding

$532.1M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

7%

1 year growth

30%

2 year growth

52%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into auto loans diversifies Upgrade's product offerings.
  • Acquisition of Uplift strengthens Upgrade's position in travel financing.
  • Partnership with Finturf opens opportunities in home improvement financing.

What critics are saying

  • Increased competition in BNPL could impact Upgrade's market share.
  • Expansion into auto loans may expose Upgrade to higher credit risk.
  • Investment in new office space could strain financial resources.

What makes Upgrade unique

  • Upgrade offers a unique combination of credit cards and personal loans.
  • Their Secured OneCard targets consumers with little or no credit history.
  • Partnership with FairPlay enhances fairness and compliance in lending practices.

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