Brief Role Description

This position is Career Level 20P Home Based with a Role Classification of Fully Remote.

Role Summary

The VCI Business Development Manager is a field-based role and the primary business consultant and sales contact between VW Credit, Inc. and its dealer customers. The main responsibility of this role is to collaborate with all of the company’s business partners to leverage VCI products and services for mutual success. The position is a key driver in developing, growing, and sustaining VCI business - per goals set - in retail, lease, ancillary product, and wholesale and remarketing relationships with Volkswagen and Audi dealers in the assigned district.

Responsibilities within this Role

•    Promote and sell retail, lease, wholesale, end of term (remarketing), and ancillary product and service offerings of Volkswagen Credit and Audi Financial Services. 
•    Promote district, regional, and national programs to dealerships. Stay current with each dealership in order to identify opportunities and promote company products for mutual benefit.
•    Provide feedback/updates to appropriate dealership personnel on the dealership’s performance on company sales programs and promotions in order to enhance dealer success and company goals.
•    Coordinate programs, activities and communication between VCI and dealerships. Train dealer personnel as needed on company systems and programs or arrange for such training to be conducted. Manage access to company systems. Provide company and brand news to dealers.
•    Develop and maintain an effective ongoing business relationship with local VW and Audi teams to ensure accomplishment of mutual goals and objectives.
•    Familiarize dealers with VW Credit, Inc.’s (and affiliated dba’s) policies, procedures, forms and finance plans. Provide training and support for the retail, lease and end of term processes. Hold sales meetings as needed. 
•    Maintain account management responsibility and cognizance over VW Credit, Inc.’s secured wholesale assets; including new and used vehicles, parts, tools, furniture, fixtures, etc., while also providing follow-up on vehicle audits to ensure that discrepancies and exceptions are cleared. 
•    Resolve wholesale related problems, including payment delinquency, billing errors, inventory discrepancies, etc.
•    Continuously monitor the financial position of existing wholesale accounts. Ensure that dealers are within the VW Credit, Inc. financial requirements. 
•    Counsel Dealers on a continuing basis, to ensure compliance with operating standards and specific approval contingencies; and to ensure F&I best practices and processes are adhered to.
•    Collaborate with wholesale dealers on additional lending opportunities.
•    Review monthly sales penetration and account performance with the dealer and finance manager/business manager. Review latest lease and retail programs with the sales and finance departments.
•    Solicit new wholesale business and initiate the development of credit package requests and the coordination of documentation necessary for the adjustment in floor lines as needed to support current sales activity.
•    Maintain an open line of communication between Region Management and region office personnel; and provide the primary liaison between the various corporate elements of VW Credit, Inc. and the dealer organization.
•    Assist in wholesale takeovers, equity verifications and other team activities as required to optimize the region’s performance.
•    Conduct monthly and annual business reviews of all wholesale accounts.  Assist with equity verification at each wholesale account as needed.  Counsel the dealer where changes or improvements are warranted.  Develop recommendations for corrective and/or remedial action where necessary.
•    Provide constant feedback to the region office, including collection of information and programs from key competitors.  Data to be submitted on an on-going basis to ensure VW Credit, Inc.’s competitive position.
•    Stay cognizant of financial industry trends and competitive developments.
•    Update sales activities using salesforce.com – and various other reports
•    Responsibly manage the assigned BDM budget.

Qualification requirements

Relevant Experience:

•    At a minimum, 7-10 years professional work experience
•    Preferably in automotive financial operations having gained knowledge and skills in some of these key areas: business finance, sales, customer service and collections, and consumer or commercial credit.

Required Education:

•    Bachelor’s Degree

Required Skills:

•    High impact written and verbal communications 
•    Professional sales
•    Analytical  
•    Business strategy and planning 
•    Conceptual thinking  
•    Leadership
•    Integration - joining people, processes or systems 
•    Influencing and negotiating
•    Problem solving  
•    Resource management
•    Computer savvy, including Excel at a high level