Volvo Financial Services Jobs (NOW HIRING)

Reporting to : Head of Sales & Marketing, Volvo Financial Services Korea

Department : Sales & Marketing

Grade : Manager

Location : Seoul, Korea

The business development manager is responsible for driving sustainable business growth and profitability across new and used vehicle and equipment segments by identifying new market opportunities, expanding customer reach, developing strategic partnerships, and increasing the penetration of financial products and services. Lead business development initiatives aligned with corporate objectives to strengthen market position, enhance customer value, and deliver long-term business performance. 

• Execute the sales and marketing strategies for the sister Business Areas in alignment with the overall VFS commercial focus and strategic objectives
• Drive sustainable business growth and increase product penetration across new and used vehicle and equipment segments.
• Identify and pursue new market opportunities, customer segments, and strategic partnerships, and develop and execute business development strategies aligned with company objectives.
• Develop and implement growth initiatives to expand market coverage, increase customer acquisition, and generate new business opportunities.
• Develop competitive financing solutions and support the launch of new financial products, business models, and commercial programs in collaboration with Credit, Risk, Operations, and Sales teams.
• Maximize business growth with a strong focus on profitability, fee income, and portfolio quality, while promoting a high level of credit and risk awareness.
• Conduct market research, competitive analysis, and customer intelligence to identify emerging opportunities and business trends.
• Plan and execute marketing activities and campaigns to increase market awareness, generate leads, and support business growth.
• Support strategic initiatives, transformation projects, and process improvement activities to enhance business effectiveness and customer experience.
• Prepare business cases, sales forecasts, and management reports to support decision-making and strategic planning.

• University degree required preferably in Business Administration, Finance or Marketing.
• Minimum 10 years of professional experience with a proven track record in business development, product development, sales management, marekting, or strategic partnerships.
• Strong experience in automotive, commercial vehicle, equipment finance, captive finance, or related industries with demonstrated success working closely with OEMs, dealer networks, distributors, and business partners.
• Experience in a multinational environment and exposure to new and used vehicle/equipment businesses is preferred.

• Strong understanding of financial products and services, including financing solutions for new and used vehicles, as well as equipment financing.
• Strong business development skills, including market expansion, customer acquisition, product development, and strategic partnership management.
• Proven ability to develop and execute marketing initiatives that enhance customer engagement, support business growth, and strengthen market presence.
• Highly target-driven, self-motivated and willing to walk the extra miles
• Strong strategic planning and analytical skills as well as holistic thinking
• Exceptional interpersonal skills and ability to interact and influence at all levels both internally and externally
• Ability to think 'outside the box' and anticipate future business trends and customer expectations and translate them into business opportunities
• Ability to challenge and change existing processes so as to increase business efficiency and effectiveness.
• Strong cultural sensitivity to assure of success of the team in Korea
• High standard of professionalism and operate with integrity (The Volvo Way)
• Computer literate in MS Office
• Fluency in Korean and English are required

Volvo Financial Services - Volvo Group's global financial services provider

VFS is a Volvo Group business area and the global financial services provider of the Volvo Group. As part of the Volvo Group, we are the finance arm for one of the world's leading providers of transport solutions.

VFS is Transforming Together to deliver on our clear purpose: to drive customer success as one Volvo Group.

Volvo Financial Services provides a full range of financial services for the truck, construction equipment, bus, and marine industries. The primary brands that Volvo Financial Services supports are Volvo Trucks, Volvo Construction Equipment, Volvo Buses, Mack Trucks, Renault Trucks, UD Trucks, SDLG and Eicher.

Volvo Financial Services was formed in 2001 and is headquartered in Gothenburg, Sweden. The company manages a gross credit portfolio of over SEK 284 billion, employs over 1,680 people worldwide, and provides customer financing in over 43 countries. VFS is organized into six regions close to market. We have operations in 43 markets, and financing capabilities in markets representing almost 90% of Volvo Group sales.

Our respectful and supportive culture makes us an employer of choice for our industry and the first finance choice for the Volvo Group's customers and dealers. While we are a global organization, we also leverage local expertise for execution. We are committed to developing and maintaining long-term relationships throughout business cycles.