What are the responsibilities and job description for the Automotive Finance Manager position at EasyCare Recruiting?
Automotive Finance and Insurance F&I Manager
We are currently seeking a qualified Finance & Insurance (F&I) Business Manager to be a part of our amazing team. This is an incredible opportunity for an experienced professional who is excited by the automotive F&I industry with a strong focus on compliance requirements and product knowledge. We seek a leader who can expand business through lender relations, increase production by means of product sales and who is passionate about delivering the highest level of customer service to each customer.
Job Responsibilities
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Contract new and pre-owned business, secure each deal funds, and generate additional revenue through the sale of F&I products.
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Generate finance income on all sold customers
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Check/verify paperwork involved with cash, finance and outside finance loan transactions
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Contract or collect all money at closing to secure each deal
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Seek bank approval on financed and leased deals
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Maintain a working knowledge of leases
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Assist in acquiring approval from lenders
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Understand all programs and rate options offered by our lenders
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Solicit extended service contract sales
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Handle all cancellations for extended service contracts, GAP policies, etc.
- Possess an in depth understanding of current compliance requirements of OFAC, Red Flag and Risk Based Pricing
Requirements
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Previous Automotive Dealership Experience Required for Consideration
- A minimum of 1-year F&I experience, or a similar background is required
Benefits
Compensation
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We offer a competitive compensation and benefits package.
- Compensation is based on performance and is competitive with the retail automotive market.
Our company maintains a strong policy of equal employment opportunity for all associates. We hire, train, promote and compensate associates on the basis of personal and professional competence and potential for advancement without regard for race, color, religion, sex, national origin, age, marital status, disability or citizenship, as well as other classifications protected by applicable federal, state or local laws.