What are the responsibilities and job description for the Finance Manager / Desk Manager position at City Wide Auto Credit?
Overview
We are seeking a dynamic and detail-oriented Finance Manager / Desk Manager to lead our automotive financing operations with enthusiasm and precision. In this pivotal role, you will oversee the entire loan process, manage customer relationships, ensure compliance with industry regulations, and drive sales through effective upselling and negotiation. Your expertise will help streamline dealership financial services, enhance customer satisfaction, and ensure adherence to all regulatory standards. Join us to be at the forefront of automotive finance, delivering exceptional service while managing a fast-paced, rewarding environment.
Responsibilities
- Manage the full cycle of automotive loan processing, including credit analysis, transaction structuring, and title processing to ensure timely and accurate deal completion.
- Cultivate strong customer relationships through proactive communication, personalized service, and effective upselling of financing and insurance products.
- Lead negotiations with clients to secure favorable loan terms while maintaining compliance with all loan regulations such as TILA (Truth in Lending Act) and dealership policies.
- Oversee transaction structuring to optimize deal profitability while adhering to industry standards and legal requirements.
- Ensure all financial documentation, contracts, and regulatory paperwork meet compliance standards related to automotive sales industry regulations and financial regulatory laws.
- Utilize financial software systems for efficient loan processing, credit analysis, and client data management.
- Conduct regular training on industry knowledge of financial regulations, credit analysis techniques, and dealership sales strategies to foster team development.
- Maintain meticulous records of all transactions, ensuring accuracy in math calculations such as 10-key typing tasks and basic arithmetic involved in deal structuring.
- Collaborate with sales teams to identify upselling opportunities that enhance revenue while delivering excellent customer service.
- Monitor compliance with loan regulations including TILA disclosures, title processing procedures, and other legal requirements governing automotive financing.
Requirements
- Proven experience in financial services within the automotive or dealership industry, including loan officer or finance management roles.
- Strong knowledge of automotive sales industry regulations, financial compliance standards, and credit analysis techniques.
- Demonstrated ability in negotiation, client communication, and relationship management to foster trust and loyalty.
- Familiarity with financial software such as CDK or equivalent dealership management systems for transaction processing and record keeping.
- Excellent math skills including basic calculations for deal structuring, credit assessments, and contract details; proficiency in 10-key typing is preferred.
- In-depth understanding of automotive financing products including insurance options like F&I (Finance & Insurance).
- Ability to interpret complex contracts and legal documents related to loans and titles accurately.
- Strong organizational skills with attention to detail for maintaining compliance documentation and transaction records.
- Exceptional customer service skills combined with a proactive approach to upselling additional products or services that benefit clients.
Join us as a vital part of our team where your expertise will drive success in a fast-paced environment! We value energetic professionals committed to excellence in automotive finance management—helping customers achieve their vehicle ownership goals while ensuring regulatory compliance every step of the way.
Pay: $7,000.00 - $15,000.00 per month
Benefits:
- Employee discount
- Opportunities for advancement
- Paid training
Work Location: In person
Salary : $7,000 - $15,000