What are the responsibilities and job description for the Automotive Finance Manager position at Confidential?
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, including 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 via 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:
- Two years of automotive sales experience and one year in an F&I role.
- Managerial positions are required to maintain the profitability of their department while controlling expenses and maintaining customer satisfaction.
- Managers are required to 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.
- People working within the automotive retail industry often have to work extended hours, evenings and weekends to achieve their goals.
Benefits:
- Full benefits package – Medical, dental, vision
- 401(k) with matching options available after 1 year of employment
Job Type: Full-time
Pay: $150,000.00 - $180,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Professional development assistance
- Referral program
- Retirement plan
- Tuition reimbursement
- Vision insurance
Education:
- High school or equivalent (Preferred)
Experience:
- Dealership: 3 years (Preferred)
- Sales: 3 years (Preferred)
- Automotive Finance: 1 year (Preferred)
Language:
- Spanish (Preferred)
Work Location: In person
Salary : $150,000 - $180,000