What are the responsibilities and job description for the Automotive Finance Manager position at Confidential?
Company Overview
At our automotive dealership group, we are dedicated to transforming the car buying experience by redefining how vehicles are sold and financed. As a prominent player in the industry with multiple locations, we prioritize integrity, customer satisfaction, and community engagement, ensuring our team members thrive in a dynamic environment.
Job Overview
We are seeking an energetic and detail-oriented Automotive Finance Manager to lead our financing department. In this pivotal role, you will be responsible for guiding customers through the financing process, structuring deals, and ensuring compliance with all financial regulations. Your expertise will help drive sales success while providing exceptional customer service and building lasting client relationships.
Responsibilities
- Facilitate the entire automotive financing process, including loan application review, credit analysis, and transaction structuring to meet customer needs.
- Develop and maintain strong relationships with customers by explaining financing options, upselling insurance products, and ensuring a smooth sales experience.
- Collaborate with sales teams to structure deals that maximize profitability while adhering to industry regulations such as TILA (Truth in Lending Act) and automotive sales industry standards.
- Process loan paperwork accurately using financial software systems like CDK and Title processing tools.
- Ensure all transactions comply with financial regulatory requirements, including credit analysis, loan processing, and documentation accuracy.
- Negotiate terms with lenders and clients to secure favorable financing arrangements while maintaining compliance with loan regulations.
- Maintain thorough knowledge of automotive finance industry regulations and stay updated on changes in financial laws affecting dealership operations.
Experience
- Proven experience as a Automotive Finance Manager within the automotive or financial services industry.
- Strong background in customer relationship management (CRM), upselling, and sales negotiation techniques.
- Familiarity with dealership management software such as CDK or similar platforms.
- Knowledge of automotive sales industry regulations, including TILA and title processing procedures.
- Excellent math skills and proficiency in basic key typing (10-key) for accurate data entry.
- Demonstrated ability to analyze credit reports and perform credit analysis effectively.
- Exceptional client communication skills combined with a thorough understanding of automotive financing processes and compliance standards.
Join us to be part of a vibrant team where your expertise will directly impact customer satisfaction and dealership success!
Pay: $300,000.00 - $480,000.00 per year
Benefits:
- Dental insurance
- Employee discount
- Health insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $300,000 - $480,000