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Job duties for an F&I manager include:
- Offering vehicle financing and insurance to customers and providing them with a thorough explanation of aftermarket products and extended warranties and a complete explanation of manufacturer and dealership service procedures and policies.
- Seeking new lending institutions and maintaining good working relationships to secure competitive interest rates and financing programs.
- Processing financing and leasing deals accurately and securing approval through financial sources to secure approval and through the proper federal, state and corporate channels.
- Understanding and complying with federal, state and local regulations that affect the new and used-vehicle and finance departments.
- Creating and maintaining a program with the sales department that will ensure all new sales are referred to the F&I department.
- Training and providing the sales team with information on finance and lease programs and the benefits of the dealership’s financing and extended service programs.
Job Requirements
A MINIMUM OF 2 years of automotive finance manager experience.
Managers are required to not only understand and keep abreast of the federal, state, and local regulations that affect their operations.
F & I personnel require strong communication skills in order to work with customers, employees and finance and insurance vendors as they represent the dealership.
Education Requirements
A college degree or equivalent work experience in finance is preferred. A strong background in business, mathematics, marketing and computers is also useful.
FULL BENEFITS AVAILABLE AFTER 90 DAYS
PLEASE SUBMIT YOUR RESUME WITH ALL RELEVANT EXPERIENCE
Work Remotely
- No
Job Type: Full-time
Pay: $100,000.00 – $250,000.00 per year
Benefits:
- Dental insurance
- Employee discount
- Flexible schedule
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
Ability to commute/relocate:
- Bridgewater, NJ 08807: Reliably commute or planning to relocate before starting work (Preferred)
Application Question(s):
- How many years have you been in the car business?
Education:
- High school or equivalent (Preferred)
Experience:
- Dealership experience: 2 years (Preferred)
Work Location: One location
