What are the responsibilities and job description for the Automotive Finance Manager position at Legend Motors Of Waterford Inc?
Benefits:
- Bonus based on performance
- Company parties
- Competitive salary
- Employee discounts
- Flexible schedule
- Free food & snacks
- Free uniforms
- Opportunity for advancement
- Paid time off
- Parental leave
- Relocation bonus
- Signing bonus
- Training & development
We have an amazing opportunity!! Legend Motors is seeking Automotive Finance Manager! As business continues to increase, we are adding multiple new sales professionals to grow our expanding teams.
By joining our team, you can expect to work on a team of dedicated and talented individuals. We work with a collaborative approach and encourage success amongst each of our members. If you want to make an immediate impact, get recognized for hard work, and develop your career, this is the place for you!
Automotive Finance Manager - Essential Duties
- Knows and implements dealership policies and procedures.
- Maintains a clean and organized office.
- Communicates all problem deals to management immediately.
- Addresses missing stipulations communicated from lender immediately.
- Adheres to a standard of professional ethics and is respectful to customers.
- Knowledgeable in state regulations regarding finance and the Fair Credit Reporting Act.
- Interacts with appropriate departments.
- Train sand supervises sales staff.
- Structures deals in accordance with lender and dealership guidelines.
- Never intentionally misrepresents a deal.
- Books out deals accurately. Never misrepresents equipment.
- Performs credit interview, prepares credit application.
- Verifies accuracy of all material information on the credit application and submits to lender.
- Maintains confidentiality of customer information.
- Discloses financial information to customers.
- Sells credit insurance and service contracts.
- Maintains good lender relations.
- Maintains a lender guide of programs currently used and obtains a working knowledge of them.
- Evaluates new lender programs.
- Goes over deals with lenders. Works all deals diligently.
- Maintains current inventory log and makes recommendations to management.
- Helps move old inventory.
- Maintains a call-in log and contracts in transit log (funding package).
- Trains administrative personnel on assembling funding packages.
- Reviews funding packages prior to mailing.
- Shows and demonstrates vehicles when necessary.
- Designs and places advertising for special finance.
- Analyzes credit reports, able to recognize a conventional deal and turns over accordingly.
- Properly cost special finance deals (prepares profit sheets).
- Receipts deposits immediately.
- Other tasks as assigned.
Automotive Finance Manager - Qualifications
A successful Finance Manager needs the product knowledge, professionalism, and empathy that customers look for today. Communication is extremely important in a business department as it contributes to team building with sales and the General Office.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Automotive Finance Manager - Education and/or Experience
- Recommend two years as an F&I Manager
Automotive Finance Manager - Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Automotive Finance Manager - Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Company Overview
Legend Motors Group is a well-known family-owned car dealership in Michigan that has been serving Metro Detroit for over 27 years. They have three locations that sell cars, two collision centers, and two service centers spread over three locations in Metro
Detroit. They have an extraordinary team of over 100 employees and has been named the largest used car dealership group in Michigan.
What makes Legend Motors Group special is that they treat their employees like family. The work environment is friendly and supportive, and they provide all the necessary tools and resources to help their workers succeed in their careers.
At Legend Motors Group, they don't just sell cars. They aim to build lasting relationships with their customers, create a positive impact in their local communities, and provide a personalized car-buying experience. They believe in establishing long-term relationships with their customers that stand the test of time.
Their core values include Accountability, Responsibility, Respect, Communication, Teamwork, and Passion.
As for their employee benefits, Legend Motors Group offers a range of perks, including competitive salaries, discounts on products, holiday parties and bonuses, paid time off, holiday pay, and referral programs for employees. They want their employees to feel valued and supported, and these benefits reflect that commitment.
Salary : $65,000 - $175,000
