Sales Manager

Monvex Credtech · Salem, Tamil Nadu

Full Time Sales & Marketing Company Site

Not Disclosed

Job Description

Sales Manager – Used Car LoansCompany: Monvex Credtech
Location: Salem, Tamil Nadu
Department: Sales – Auto Finance
Product: Used Car Loans
Employment Type: Full-Time
About Monvex CredtechMonvex Credtech is a growing loan aggregation and financial distribution company focused on building scalable sourcing networks across retail and business lending products.
As part of our expansion in Tamil Nadu, we are looking for an experienced Sales Manager – Used Car Loans to develop and manage the used-car loan business in Salem and surrounding markets.
Role ObjectiveThe Sales Manager will be responsible for building a strong sourcing network of used-car dealers, brokers, mediators, DSAs and other referral partners, generating consistent loan volumes and ensuring cases are processed through partner banks and NBFCs efficiently.
The role requires strong local market knowledge, relationship-building ability and a target-driven approach.
Key ResponsibilitiesBusiness DevelopmentDevelop the Used Car Loan business across Salem and nearby markets.
Identify and onboard used-car dealers, brokers, mediators and other sourcing partners.
Build long-term relationships with active dealer and referral networks.
Generate new business through regular market visits and partner engagement.
Identify high-potential used-car clusters and expand Monvex's presence within those markets.
Develop additional sourcing channels to increase monthly loan volumes.
Dealer & Broker Network ManagementMaintain regular engagement with dealers and sourcing partners.
Ensure consistent lead generation from active partners.
Reactivate inactive dealers and brokers.
Track dealer-wise leads, logins, approvals and disbursements.
Resolve operational and lender-related issues affecting partner business.
Build Monvex as a preferred financing partner for used-car dealers in the Salem market.
Loan Sourcing & ConversionSource eligible customers requiring finance for used-car purchases, refinance, balance transfer or top-up opportunities where applicable.
Understand customer requirements and recommend suitable lender options.
Coordinate collection of required customer and vehicle documents.
Ensure quality login of loan applications.
Follow up with lenders for credit approval, valuation, documentation and disbursement.
Monitor cases from initial lead until final disbursement.
Bank / NBFC CoordinationMaintain effective working relationships with partner Banks and NBFCs.
Understand lender policies, eligibility criteria, LTV norms and pricing.
Route cases to appropriate lenders based on customer profile and vehicle eligibility.
Coordinate with lender sales and credit teams to improve approval and disbursement ratios.
Team ManagementRecruit and develop Sales Executives as the Salem business expands.
Allocate markets, dealers and sourcing partners to team members.
Conduct daily and weekly business reviews.
Guide executives on dealer acquisition, lead conversion and case follow-up.
Drive productivity and achievement of individual and branch targets.
Portfolio Quality & ComplianceEnsure sourcing is carried out according to lender and Monvex policies.
Maintain proper documentation and customer information.
Avoid fraudulent, manipulated or poor-quality sourcing.
Ensure transparency with customers, dealers and lending partners.
Key Performance Indicators – KPIsPerformance will primarily be measured on:
Monthly Used Car Loan Disbursement
Number of Active Dealers / Brokers
New Dealer & Broker Activation
Leads Generated
Login-to-Approval Ratio
Approval-to-Disbursement Ratio
Average Ticket Size
Sales Executive Productivity
Dealer Productivity
Turnaround Time
Portfolio / Sourcing Quality
Market Expansion
Candidate ProfileExperience: 4–7 years preferred in Used Car Loans / Auto Finance / Vehicle Finance.
Candidates currently working with a:
Bank
NBFC
Used Car Finance Company
DSA / Loan Aggregator
Used Car Dealer Finance Division
will be preferred.
Required SkillsStrong knowledge of the Salem used-car market.
Existing relationships with used-car dealers, brokers or mediators will be a major advantage.
Good understanding of Used Car Loan policies and processes.
Knowledge of vehicle valuation, loan eligibility and lender selection.
Strong field-sales and relationship-management skills.
Ability to independently develop a new market.
Strong negotiation and communication skills.
Target-oriented and execution-focused.
Ability to lead and develop a sales team.
Educational QualificationGraduate preferred.
Candidates with strong used-car finance experience and an established market network may also be considered based on their overall profile.
Preferred CandidateWe are particularly looking for someone who:
Knows the Salem used-car ecosystem, has strong dealer and broker relationships, understands vehicle finance and can build a profitable Used Car Loan sourcing business for Monvex from the ground up.
TerritoryPrimary Market: Salem
The role may subsequently cover nearby markets including:
Namakkal | Dharmapuri | Krishnagiri | Erode and surrounding locations, depending on the company's expansion plan.
What Monvex OffersOpportunity to build and lead a growing Used Car Loan market.
Access to multiple Bank and NBFC lending partners.
Scope to build and manage a larger sales team.
Performance-linked growth opportunities.
Opportunity to grow into a larger regional leadership role based on performance.