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Confidential

Automotive Finance Manager

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Job Description

Job Description We are seeking a talented and ambitious Finance Manager to join our multi-franchise automotive group. The Automotive Finance Manager (F&I Manager) plays a critical and strategic role in the organization helping to drive company growth, profitability and sales volume. The right candidate has a combination of quantitative and interpersonal skills enabling them to successfully assist new and used car buyers with their financing and product needs. F&I Managers work with our financial lenders to acquire approvals and funding for their clients and the dealership. As with all positions within our dealerships, F&I managers are expected to uphold the highest ethical standards and follow the Federal Safeguard and Red Flag rules and standards. These managerial positions are required to maintain the profitability of their department while controlling expenses and maintaining customer satisfaction.
Responsibilities:
  • Loan origination through vehicle financing to customers
  • Providing buyers with insurance and other protection plans including but not limited to: warranties, aftermarket products
  • Providing a complete explanation of manufacturer and dealership benefits, service procedures, and policies
  • Preparing & processing financing and leasing deals accurately
  • Maximizing backend gross profit while delighting customers in their buying experience
  • Securing approval through financial sources and complying with the proper federal & state regulations
  • Training and providing the sales team with information on finance and lease programs, the benefits of the dealership's financing, and extended service programs
  • Staying up-to-date on the department's contracts in transit, ensuring timely cash flow
  • F&I Managers are required to understand and keep abreast of the federal, state, and local regulations that affect their operations Qualifications Proven dealership experience in automotive finance Strong negotiation and customer service skills Proficiency in loan processing and credit analysis Knowledge of TILA regulations and financial services Experience with customer relationship management systems Familiarity with contracts, financial software, and title processing Basic math skills and ability to perform 10 key typing
Job Type:
Full-time Pay:
$80,000.00 - $170,000.00 per year
Benefits:
401(k) 401(k) matching Dental insurance Employee discount Flexible schedule Life insurance Paid time off Professional development assistance Referral program Vision insurance
Work Location:
In person

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Professional Development
  • Flexible Work Schedules