Domestic Dealership seeking qualified Finance Manager
The Finance Manager sells financing and after warranty programs. F&I also work with financial lenders to give competitive interest rates to buyers. As with all positions within dealerships, F&I department employees are expected to uphold the highest ethical standards.
Duties
· Fully proficient with title laws and registration process
· Maintains proficiency and certifications as required for the position
· Accurately desks deals, submits deals to lenders for approval, makes credit decisions, and effectively closes deals
· Ensures all deals are fully compliant with local, state and federal guidelines
· Prepares paperwork, contracts and delivers deals
· Accurately audits team deals Post-Sale
· Ensures the expeditious funding of all contracts
· 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.
· 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.
· required to maintain the profitability of their department while controlling expenses and maintaining customer satisfaction
Qualifications
· A college degree or equivalent experience in finance is preferred but not required.
· A strong background in business, mathematics, marketing and computers is also required.
· 2 years of experience. Proven track record of success with verifiable data
· It is recommended that the finance and insurance manager is recommended has two years of sales experience and one year in a dealership management position.
· Knowledge of dealership finance and insurance procedures
· Professional personal appearance & excellent communication skills.
· Excellent verbal/written communication, strong negotiation and presentation skills
· F & I personnel require strong communication skills in order to work with customers, employees and finance and insurance vendors as they represent the dealership.
Job Type: Full-time
Schedule:
Experience:
Work Location: One location
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