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Automotive Finance Manager

Toyota of Hemet
Hemet, CA Full Time
POSTED ON 2/8/2025
AVAILABLE BEFORE 5/7/2025

Job Description

Job Description

Description :

An Automotive Finance Manager plays a crucial role in the automotive industry. Here are the key duties and responsibilities for this position :

  • Understanding Customer Finances :

Reviewing and comprehending customers’ credit scores and financial situations.

  • Collaborating with customers to understand their automotive financing needs and options.
  • Negotiating and Finalizing Deals :
  • Negotiating and finalizing sales with customers and lenders.

  • Ensuring accurate processing of financing and leasing transactions, securing approvals from financial sources and banks.
  • Providing Expertise :
  • Offering vehicle financing and protection products to customers, explaining aftermarket products and vehicle service agreements.

  • Developing and maintaining relationships with banking, lending, and finance institutions.
  • Compliance and Regulations :
  • Ensuring compliance with privacy laws, company policies, and federal, state, and local regulations.

  • Staying informed about regulations affecting new and used vehicles and finance departments.
  • Requirements :

    To become an Automotive Finance Manager , you’ll need a combination of skills, education, and experience. Here are the key requirements :

  • Education :
  • Bachelor's degree with a focus on business and finance or two years new car dealer automotive finance experience.

  • Experience :
  • Dealership Experience : At least two years of experience as a dealership finance and insurance (F&I) manager or in sales.

  • Understanding of Lending and Financing Processes : Familiarity with loan structuring, lending institutions, and dealership financial operations.
  • Skills and Qualifications :
  • Financial Acumen : Ability to navigate lending institutions and understand loan processes.

  • Automotive Industry Knowledge : Understanding of automotive financing, lending practices, and regulatory compliance.
  • Strong Communication and Negotiation Skills .
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