Program Manager, Financial Services

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Lucid Motors Full time

Leading the future in luxury electric and mobility


At Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence.

Vehicles that are intuitive, liberating, and designed for the future of mobility.


We plan to lead in this new era of luxury electric by returning to the fundamentals of great design - where every decision we make is in service of the individual and environment.

Because when you are no longer bound by convention, you are free to define your own experience.

Come work alongside some of the most accomplished minds in the industry. Beyond providing competitive salaries, we're providing a community for innovators who want to make an immediate and significant impact. If you are driven to create a better, more sustainable future, then this is the right place for you.


We are seeking an innovative and experienced Program Manager in Automotive Finance to implement Lucid's Financial Services strategy and lead our operations in the Middle East.

You will work closely with our banking partners and internal stakeholders to ensure a seamless end-to -end consumer finance experience as well as competitive product offerings and overall success in KSA and other parts of the region.


The Role:

  • Lead Financial Services operations and daytoday activities with our banking partners in KSA and the Middle East.
  • Develop monthly, quarterly, and annual gotomarket plans, processes, and programs to support the consumer finance journey and competitive financial product offerings.
  • Act as the liaison between internal stakeholders and bank partners to execute on Lucid's marketing plans and sales objectives.
  • Drive conquest and loyalty campaigns in conjunction with bank partners and internal marketing organization.
  • Push innovation by exploring revolutionary products, solutions, and platforms to enhance operational efficiency, customer experience and profitability.
  • Establish the necessary SLAs with our banking partners to ensure efficiency and alignment with our directtoconsumer business model.
  • Collaborate with legal and internal stakeholders to develop policies and procedure that support regulatory compliance.
  • Develop and facilitate ongoing training internally to ensure comprehensive knowledge of our value propositions and product offerings.
  • Prepare executive briefings including financial services operations updates, feedback, metrics and market trends.
  • Establish a benchmark for Financial Services profitability including product take rates, budget, ancillary products, and any potential revenue streams.

Requirements:

  • 10+ years' experience in automotive with knowledge of consumer and commercial loan, lease, and alternative finance structures.
  • Experience in at least 3 or more of the following areas and working knowledge of the others:
  • Financial products, commercial sales, remarketing, underwriting, pricing and compliance.
  • BA/BS degree required.
  • Extremely analytical with technical expertise in (auto) finance, economics, statistics.
  • Entrepreneurial, outofthebox thinker who is intellectually curious with a strong work ethic.
  • Strong interpersonal skills and ability to effectively communicate complicated concepts and recommended courses of action to engage diverse audiences as well as inform and educate senior executive team.
  • Ability to think strategically, drive for results, build a highperformance organization, continuously drive innovation, and inspire the organization to achieve and exceed its objectives.
  • Must be able to multitask, be flexible, and perform in a fastpaced environment.
  • Strong experience and track record creating something from scratch.


At Lucid, we don't just welcome diversity - we celebrate it Lucid Motors is proud to be an equal opportunity workplace.

We are committed to equal employment opportunity regardless of race, color, national or ethnic origin, age, religion, disability, sexual orientation, gender, gender identity and expression, marital status, and any other characteristic protected under applicable State or Federal laws and regulations.


Notice regarding COVID-19 protocols
At Lucid, we prioritize the health and wellbeing of our employees, families, and friends above all else.

In response to the novel Coronavirus all new Lucid employees, whose job will be based in the United States may or may not be required to provide original documentation confirming status as having received the prescribed inoculation (doses).

Vaccination requirements are dependent upon location and position, please refer to the job description for more details.

Individuals in positions requiring vaccinations may seek a medical and/or religious exemption from this requirement and may be granted such an accommodation after submitting a formal request to and the subsequent review and approval thereof by our dedicated Covid-19

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