The Finance & Insurance (F&I) Manager is a liaison for the finance department, lenders, customers, and the rest of the dealership. Finance & Insurance Managers works closely with various financial lenders in the processing and finalizing of all deals, and with the office staff in capping and closing all deals appropriately. As with all positions within dealerships, F&I managers are expected to uphold the highest ethical standards.Job DutiesOffering vehicle financing and insurance to customers and providing them with a thorough explanation of aftermarket products and extended service programs and a complete explanation of manufacturer and dealership service procedures and policies.Processing, financing, and finalizing all sold deals accurately, and securing approval through financial sources, if necessary, and to secure approval and through the proper federal, state and corporate channels.Update and maintain the CIT log to track and submit all deals for office processing within a timely manner consistent with state and federal laws.Updating and maintain the Cash/Check Log.Processing, finalizing, and archiving all unwinds accurately and securely.Understand and comply with federal, state and local regulations that affect the used-vehicle and finance departments.Maintain strong communication skills in order to work with customers, employees and finance and insurance vendors as they represent the dealership.Work extended hours, evenings and weekends to achieve goals and duties of position.Training and providing the sales team with information on finance programs and the benefits of the dealership’s financing and extended service programs.Seek new lending institutions and maintain a good working relationship to secure competitive interest rates and financing programs.Job Type: Full-timePay: $47,224.37 – $141,267.24 per yearBenefits:
Schedule:
Ability to commute/relocate:
Experience:
Work Location: One location
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