5-7 years of experience in automotive finance or related field
Strong understanding of financial products and services
Proven track record of achieving sales targets
Excellent communication and negotiation skills
Ability to uphold legal and ethical standards in finance transactions
Responsibilities
Contract all new business efficiently
Verify paperwork for cash, finance, or loan transactions
Collect all funds at closing
Seek bank approval for financed and leased deals
Assist in acquiring lender approvals
Stay updated on current programs and rate options from lenders
Verify insurance and complete necessary paperwork
Solicit sales for extended warranties and manage cancellations
Benefits
Enjoy a positive work environment
Comprehensive health, dental, and life insurance
Short-term disability insurance coverage
401K plan with company matching contributions
Generous paid time off and company discounts
Full Job Description
POSITION: Automotive Finance Manager
LOCATION: Ottawa Toyota
Potential to make over $250,000 in compensation and benefits package
Our company has an outstanding opportunity for a results-focused, highly driven and experienced F&I Manager. The F&I Manager is responsible for selling financial products and services to clients at the dealership. F&I managers also work with financial lenders to give fair interest rates to buyers. Candidate is required to uphold strict legal and ethical standards while conducting business.
JOB RESPONSIBILITIES FOR FINANCE MANAGER:
Contracts all new business
Checks and verifies paperwork involved with cash, finance or loan transactions
Contracts or collects all money at closing
Seeks bank approval on all financed and leased deals
Assists in acquiring approval from lenders
Understands all current programs and rate options offered by our lenders
Verifies insurance and completes paperwork
Solicits extended warranty sales (after-market)
Handles all cancellations for extended warranties and credit life cancellations
