Vice President of Business Development

VICE PRESIDENT OF BUSINESS DEVELOPMENT – JOB DESCRIPTION 

About 700Credit 

700Credit is the industry leader in providing cutting-edge credit and compliance solutions to the automotive sector. As the largest provider in the field, we are passionate about innovation, growth, and delivering the best for our clients. 700Credit is the largest provider of credit and compliance solutions to the automotive industry today. 700Credit is a dynamic, exciting place to work. 700Credit offers an excellent compensation/benefit package.

Summary

700Credit is looking for a reliable Vice President of Business Development to join the team. As a VP of Business Development, you are a key contributor in assisting our credit sales team. This individual will be responsible for sourcing and integrating all dealership credit sales functions for 700Credit and identifying new opportunities that align with 700Credit's overall goals. The ideal candidate should have strong skills in relationship management, strategic planning, and cross-functional leadership. These skills are essential for driving brand growth, increasing revenue, and ensuring continued market expansion.

Responsibilities

• Lead the Affiliate referral and boarding process: Manage the full lifecycle of affiliate partnerships, from initial onboarding and training to referral process setup, revenue share execution, and ongoing relationship management.
• Source and grow new business opportunities: Actively identify and pursue referrals from affiliate partners and research prospective partners that should be offering credit solutions, expanding brand awareness and acquisition opportunities.
• Evaluate and optimize partner strategies: Assess affiliate partner performance and integration strategies to determine the most effective approaches for long-term success. 
• Maintain affiliate relationships: Build and maintain strong relationships with key partners and affiliates through regular follow-up, ensuring continued loyalty and engagement.
• Support the sales team with affiliate partnerships: Collaborate closely with sales representatives to provide guidance and resources that maximize the value of affiliate relationships and drive new credit sales. 
• Represent 700Credit at industry events: Participate in trade shows and speaking engagements to strengthen 700Credit's brand presence and establish new partnership opportunities. 
• Manage beta dealer programs: Execute and oversee beta dealer programs for new affiliate installs, ensuring a smooth and successful rollout. 
• Analyze market trends and identify opportunities: Monitor industry trends and perform market analysis to inform partnership strategy and uncover new avenues for business development. 
• Communicate strategic plans to leadership: Present business development ideas, partnership strategies, and performance updates to internal leadership in a clear and compelling manner.

Experience, Skills, and Knowledge

• Bachelor's degree preferred, or equivalent professional experience
• Prior experience in business development, or a related field, with a strong preference for automotive industry background 
• Demonstrated ability to build and cultivate external client and partner relationships 
• Strong creative, planning, and analytical skills 
• Excellent interpersonal and communication skills, both written and verbal 
• Ability to work autonomously, manage multiple projects simultaneously, and adapt quickly to shifting priorities