Automotive Finance Manager

Vandergriff HyundaiArlington, TX
3d$70,000 - $150,000

About The Position

In 2026, a Finance and Insurance (F&I) Manager—primarily found in automotive, RV, or power sports dealerships—serves as the critical link between the sales floor and the final transaction. Their primary goal is to secure vehicle financing for customers while maximizing dealership profitability through the sale of value-added products.

Requirements

  • Experience: Most dealerships require at least 1–2 years of experience in automotive sales or F&I management.
  • Education: A high school diploma is required, though a college degree in finance, business, or marketing is strongly preferred.
  • Professional Ethics: A high level of integrity is mandatory due to handling sensitive financial data and legal disclosures.
  • Communication: Exceptional verbal and written skills are needed to explain complex financial terms to customers.
  • Technical Proficiency: Experience with Dealership Management Systems (DMS) like Reynolds & Reynolds or CDK Global, and CRM software.

Responsibilities

  • Financial Consultation: Interviewing customers to assess their creditworthiness, determine their financing needs, and explain various payment options, including leasing vs. buying.
  • Loan Procurement: Maintaining active relationships with various lending institutions to secure competitive interest rates and loan approvals for customers.
  • Product Sales: Presenting and selling aftermarket products such as extended warranties (service contracts), GAP insurance, anti-theft devices, and appearance protection packages.
  • Regulatory Compliance: Ensuring all transactions strictly adhere to local, state, and federal regulations, including the Fair Credit Reporting Act (FCRA) and Truth in Lending disclosures.
  • Deal Structuring: Collaborating with the sales team to "desk" deals, which involves calculating payments, taxes, and fees to find a structure that works for both the customer and the dealership.
  • Documentation & Funding: Preparing all legal contracts and ensuring paperwork is accurate for expeditious funding from lenders.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service