Drive-to-Own (DTO) Program Manager at CIG Motor Ltd

Job Summary

• The Drive-to-Own (DTO) Program Manager will oversee, structure, and manage Lagride’s Drive-to-Own business model for drivers, partners and investors.
• The role ensures effective financial planning, vehicle asset management, driver onboarding, credit risk assessment, repayment monitoring, and partnership development.
• The ideal candidate will have strong banking or microfinance experience, particularly in loan management, asset financing, or retail credit administration.

Key Responsibilities
Program Oversight & Strategy:

• Develop, implement, and continuously refine the Drive-to-Own program framework, policies, and operational processes.
• Drive growth through effective program performance tracking, investor relations, and driver retention strategies.
• Conduct feasibility analysis and financial modelling for various DTO structures.

Driver & Investor Management:

• Manage onboarding, assessment, and approval of drivers and investors under the DTO scheme.
• Create repayment plans, monitor compliance, and ensure timely collections.
• Handle escalations relating to defaults, disputes, or operational challenges.

Risk Management & Compliance:

• Conduct creditworthiness checks, risk profiling, and collateral assessment of participants.
• Ensure all documentation meets regulatory, financial, and audit standards.
• Work with Finance and Legal teams to structure agreements, manage delinquencies, and enforce recovery procedures.

Operational Coordination:

• Collaborate with Fleet, Operations, Finance, and Customer Support to manage vehicle allocation, insurance, maintenance, and periodic evaluations.
• Maintain accurate program records, dashboards, and weekly/monthly performance reports.

Stakeholder & Partnership Development:

• Engage banks, financiers, insurance companies, and other partners to support the sustainability of the DTO model.
• Lead initiatives to improve the affordability, accessibility, and efficiency of the program.

Requirements

• Strong knowledge of credit analysis, loan structuring and management, and repayment systems.
• Excellent stakeholder management and communication skills.
•  Ability to manage high-volume driver engagement and investor relations effectively.
• Strong data interpretation, reporting, and documentation abilities.
• High level of integrity, accountability, and attention to detail.
• Proficiency in Excel or financial management tools.
• Ability to work cross-functionally with Operations, Finance, Fleet Management, and Customer Support teams.

Benefits

• Competitive salary with performance incentives.
• Opportunity to manage a key Drive-to-Own program within Nigeria’s growing mobility industry.
• Exposure to modern financing and vehicle management systems.
• A meaningful role in helping drivers become vehicle owners and supporting LAGRIDE’s mission of sustainable transportation.