Dealer Development Manager
REV Federal Credit Union · Summerville, SC · 3 days ago
On-siteOTHRFull-time
Duties & Responsibilities
- Develop and execute market growth strategies that support REV's indirect lending objectives and geographic expansion initiatives.
- Manage and grow an assigned portfolio of franchise and independent dealer relationships across multiple states.
- Identify, onboard, and develop new dealer partnerships that align with REV's credit appetite, profitability objectives, and growth strategy.
- Execute regular onsite dealership visits, performance reviews, and business development meetings, while identifying opportunities for improvement and presenting actionable recommendations to senior leadership for consideration.
- Analyze dealer performance metrics, production trends, funding results, and portfolio quality to identify growth opportunities and performance gaps.
- Leverage consultative sales techniques to improve dealer utilization, increase application volume, enhance approval quality, and improve funded loan conversion.
- Leverage market intelligence and competitive insights to position REV as a preferred lending partner within each territory.
- Facilitate dealer adoption of lending technology, digital origination tools, and process improvements that enhance dealer experience and speed-to-funding.
- Recommend pricing enhancements, program modifications, promotional opportunities, and product innovations designed to enhance production and dealer satisfaction.
Performance Management & Portfolio Optimization
- Create and monitor dealer scorecards and portfolio performance on a regular basis.
- Identify trends related to funding rates, approval ratios, credit quality, dealer participation, delinquency, charge-offs, yield, and member acquisition, while helping drive deepening opportunities for new members.
- Partner across departments, including lending, credit risk, marketing, and business intelligence to implement growth initiatives and improve performance.
- Ensure dealer relationships remain aligned with organizational profitability and risk objectives.
Dealer Advocacy & Enterprise Partnership
- Serve as the primary voice of the dealer channel within the organization.
- Provide ongoing feedback regarding dealer needs, market trends, competitive threats, and growth opportunities.
- Participate in the development and implementation of indirect lending campaigns, dealer promotions, targeted pricing initiatives, and portfolio retention strategies.
- Represent REV at industry events, dealer functions, trade associations, and community networking opportunities.
Regulatory Compliance & Risk Management
- Ensure compliance with all federal and state lending regulations, indirect lending policies, and dealer agreements.
- Conduct required dealer due diligence and ongoing monitoring activities.
- Promote sound lending practices while balancing growth objectives with portfolio quality and risk appetite.
- Maintain accurate documentation of dealer interactions, relationship activities, and business development efforts.