Market Development Manager - North Carolina at Lendbuzz

North Carolina, United States

Lendbuzz Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Automotive, Finance, LendingIndustries

Skills

Key technologies and capabilities for this role

Automotive F&ILendingSales LeadershipDealer TrainingMarket AnalysisData AnalysisRecruitmentStrategy DevelopmentSpanish Fluency

Questions & Answers

Common questions about this position

What is the compensation structure for this role?

The position offers a competitive base salary with uncapped monthly commission and a lucrative bonus structure, providing unlimited earning potential.

Is this role remote or onsite, and what's the travel requirement?

This is an onsite/hybrid role in North Carolina with approximately 80% travel required within the region.

What skills and experience are required for this position?

Candidates need 7+ years of leadership experience in Automotive F&I or Lending, an extensive network of dealer contacts, and a proven track record of signing, training, and growing dealer partnerships. A data-driven mindset, ability to thrive in a fast-paced environment, and fluency in Spanish & English are also valued.

What are Lendbuzz's company values and recent achievements?

Lendbuzz values innovation and diversity, and has been recognized as one of America’s Best Startup Employers by Forbes in 2022, won a Fintech Breakthrough award for Best Consumer Lending Platform in 2023 with over 80% year-over-year revenue growth, and surpassed one million loan applications in 2024.

What makes a strong candidate for this Market Development Manager role?

Strong candidates will have 7+ years in Automotive F&I or Lending leadership, an extensive dealer network, and proven success in growing partnerships, along with a data-driven approach and comfort in high-growth settings.

Lendbuzz

Provides auto loans for international students

About Lendbuzz

Lendbuzz provides auto loans specifically designed for international students and professionals in the United States who may struggle to secure financing through traditional lenders. The company uses advanced data analytics and machine learning to evaluate the creditworthiness of borrowers, focusing on a wider range of financial and personal data rather than just credit scores. This approach allows Lendbuzz to cater to a niche market that is often overlooked by conventional financial institutions. Borrowers can apply for loans online, verify their information easily, and sign documents digitally, making the process user-friendly. Lendbuzz earns revenue by charging interest on loans and may also receive fees from car dealerships for facilitating the loan process. The goal of Lendbuzz is to make auto financing more accessible to those who typically face challenges in obtaining loans.

Boston, MassachusettsHeadquarters
2015Year Founded
$246.1MTotal Funding
LENDING_CAPITALCompany Stage
Automotive & Transportation, FintechIndustries
201-500Employees

Benefits

Dental & health insurance
401(k)
Company outings
Fitness center
Unlimited PTO
Stocked kitchen
Company issued hardware
Cool swag
Flexible working hours

Risks

Increased competition from similar fintech companies could erode Lendbuzz's market share.
Potential regulatory scrutiny on AI models may increase compliance costs.
Economic downturns could impact demand for auto loans, affecting Lendbuzz's revenue.

Differentiation

Lendbuzz uses AI to assess creditworthiness beyond traditional credit scores.
The company targets international students and immigrants, a niche underserved by traditional lenders.
Lendbuzz partners with auto dealerships to offer seamless financing solutions.

Upsides

Lendbuzz secured $100M from Japan's largest bank, enhancing its financial stability.
The U.S. auto loan market growth benefits Lendbuzz's specialized services.
Increased adoption of digital lending aligns with Lendbuzz's user-friendly application process.

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