3-5 years of experience in automotive finance or similar role
High school diploma required, degree in Business Administration or related field preferred
Strong understanding of financing products and credit analysis
Excellent communication and negotiation skills
Proficient in financial software and dealership management systems
Detail-oriented with high accuracy in financial transactions
Knowledge of automotive finance regulations
Responsibilities
Assist customers in securing vehicle financing and leasing options
Process and submit loan applications to financial institutions
Ensure accurate completion of financing and leasing documents
Analyze customers' credit histories to recommend financing options
Collaborate with sales team to support customer vehicle purchases
Maintain and build relationships with financial institutions
Monitor compliance with federal and state financing regulations
Generate financial reports and track financing performance metrics
Benefits
Exceptional customer service focus throughout financing process
Ongoing support and collaboration with the sales team
Strong emphasis on compliance with legal regulations
Opportunities for professional development in finance and customer relations
Engagement with a variety of financial institutions to negotiate terms
Full Job Description
Description
Customer Financing: Assist customers in securing vehicle financing and leasing options that best suit their needs. Explain financing terms, loan options, and leasing agreements clearly to customers.
Loan Applications: Process and submit loan applications to various financial institutions. Work to secure favorable terms and rates for customers.
Documentation: Ensure all financing and leasing documents are completed accurately and in compliance with company policies and legal regulations.
Credit Analysis: Review and analyze customers' credit histories to determine appropriate financing options. Provide recommendations based on credit evaluations.
Sales Team Collaboration: Work closely with the sales team to understand customer needs and provide support throughout the vehicle purchase process.
Financial Institution Relations: Maintain and build relationships with banks, credit unions, and other financial institutions. Negotiate terms and ensure competitive financing offers.
Compliance: Ensure adherence to all federal, state, and local regulations governing vehicle financing and leasing.
Reporting: Generate and review financial reports related to financing activities. Monitor and track financing performance metrics.
Customer Service: Provide exceptional customer service throughout the financing process. Address and resolve any customer concerns or issues promptly.
Requirements
Qualifications:
Experience: Minimum of 3-5 years of experience in automotive finance or a related field. Previous experience as a finance manager or in a similar role is preferred.
Education: High school diploma or equivalent required
Business Administration, or a related field. Relevant certifications are a plus.
Skills: Strong understanding of automotive financing products, leasing options, and credit analysis. Excellent communication, negotiation, and interpersonal skills.
Technical Proficiency: Proficient in using financial software and dealership management systems. Familiarity with MS Office Suite.
Attention to Detail: High level of accuracy and attention to detail in processing financial transactions and documentation.
Compliance Knowledge: Knowledge of federal and state regulations related to automotive finance and leasing.
