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The Finance and Insurance Manager oversees all aspects of financing and leasing. Assists Client Advisors in all areas of financing, keeping them advised of the status of contracts. Supervises the finance and lease portfolio and in conjunction with the Sales Manager.
Responsibilities and Duties
Understand Financial Services programs as well as finance sourcing options.
Communicate to client advisors all relevant information about programs.
Review contracts ensuring that all paperwork is properly submitted to Financial Services.
Report the approval status of client contracts to the respective client advisors.
Work with marginal credit cases as well as pre-owned leasing and business leasing clients.
Ensure that client advisors provide appropriate follow-up with leasing clients.
Understand and comply with federal, state, and local regulations that affect the sales.
Work with managers to secure a reasonable profit from every sale.
Coordinate finance forecasting with sales department forecasting to achieve desired income.
Qualifications
Previous automobile dealership experience required
Experience with obtaining bank approvals and verifiable CSI.
Strong negotiation skills.
Excellent communication skills
High school diploma required
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