Finance Manager (F&I)

Overview

The F & I Manager acquires financing for customers as well as sells insurance programs; including but not limited to Maintenance Programs, Extended Service Agreements, Gap, Theft, and Lojack.

OBJECTIVES

The F & I Manager will secure financing for prospective customers, as well maintaining a good working relationship with all financial institutions.

ESSENTIAL DUTIES AND RESPONSIBILITIES

· Obtain approval from finance sources on all finance deals

· Complete all sales related paperwork accurately and in a timely manner

· Accurately communicate sales contract information by disclosing data, provisions, finance charges, and interest rates to customer ensuring customer understanding of content

· 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 to secure approval and through 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.

· Understand all aspects of Finance, Maintenance Programs, Extended Service Agreements, Gap, Theft, and Lojack along with a good working knowledge of current lender’s programs

· 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.

POSITION REQUIREMENTS

· Must have dealership finance experience

· Able to process credit applications and obtain lending

· Familiar with warranty sales and other financial products

· Proficiency in Lightspeed and Microsoft Applications

· Excellent communication skills

· Able to create exceptional customer service experiences

EDUCATION AND EXPERIENCE

· High School diploma or equivalent

WHAT OUR CLIENT DEALERSHIP OFFERS

Medical/Dental/Vision, 401(K) Savings Plan, PTO, Employee Discounts, Advancement Opportunities, Tuition Reimbursement, Employee Referral Program, just to name a few.