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Full-Time

Dealer Development Manager

Posted on 8/15/2024

Upgrade

Upgrade

1,001-5,000 employees

Provides loans, credit cards, and rewards

Consumer Goods
Fintech

Senior, Expert

Chicago, IL, USA

Category
Commercial Banking
Sales & Trading
Finance & Banking
Required Skills
Market Research
Communications
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 affordability and user-friendly features, attracting customers looking for flexible credit solutions. The company's goal is to promote responsible financial behavior and support long-term financial health through accessible credit options.

Company Stage

Series E

Total Funding

$357.2M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

22%

1 year growth

30%

2 year growth

54%
Simplify Jobs

Simplify's Take

What believers are saying

  • Upgrade's rapid growth and expansion into new markets, such as auto loans and home improvement financing, indicate strong business momentum and opportunities for career advancement.
  • The launch of the Secured OneCard opens up new customer segments, providing a pathway for individuals with little or no credit history to build their credit responsibly.
  • The company's significant investment in new office space in Irvine, California, reflects its commitment to scaling operations and expanding its workforce.

What critics are saying

  • The crowded fintech market means Upgrade must continuously innovate to maintain its competitive edge and customer base.
  • Expansion into new product lines, such as auto loans, carries the risk of operational challenges and potential regulatory scrutiny.

What makes Upgrade unique

  • Upgrade offers a unique combination of personal loans, credit cards, and rewards checking accounts, providing a comprehensive suite of financial products that cater to various consumer needs.
  • Their focus on affordability and flexibility, such as no prepayment penalties on loans and competitive cash back rewards, sets them apart from traditional financial institutions.
  • The partnership with FairPlay to incorporate Fairness-as-a-Service solutions enhances their commitment to fair lending practices, distinguishing them in the fintech space.
INACTIVE