Automotive Finance Manager

Community Cars • Bloomington, IN

1d • $75,000 - $150,000

About The Position

Community Cars is a local, family-owned and operated organization with more than 30 years in business. The dealership aims to provide a transparent, exceptional vehicle-buying experience. The F&I Manager structures customer vehicle deals in compliance with lender guidelines and dealership policy, with the goals of quick funding and high customer satisfaction.

Requirements

• Knowledge of state finance regulations and the Fair Credit Reporting Act.
• Ability to structure deals in accordance with lender and dealership guidelines.
• Ability to verify credit application information and submit applications to lenders.
• Ability to analyze credit reports and identify conventional deals.

Responsibilities

• Know and implement dealership policies and procedures.
• Maintain a clean and organized office.
• Communicate problem deals to management immediately.
• Address missing lender stipulations immediately.
• Follow professional ethical standards and treat customers respectfully.
• Understand state regulations concerning finance and the Fair Credit Reporting Act.
• Coordinate with appropriate departments.
• Train and supervise sales staff regarding regulatory and Fair Credit Reporting Act changes.
• Structure deals according to lender and dealership guidelines.
• Accurately book deals.
• Conduct credit interviews.
• Verify the accuracy of material information on credit applications and submit applications to lenders.
• Maintain confidentiality of customer information.
• Disclose financial information to customers.
• Sell credit insurance and service contracts.
• Maintain good relationships with lenders.
• Maintain a guide to currently used lender programs and develop working knowledge of those programs.
• Evaluate new lender programs.
• Review deals with lenders and work all deals diligently.
• Maintain a current inventory log and make recommendations to management.
• Help move old inventory.
• Maintain call-in and contracts-in-transit logs for funding packages.
• Show and demonstrate vehicles when necessary.
• Design and place advertising for special finance.
• Analyze credit reports, identify conventional deals, and turn them over accordingly.
• Properly cost special finance deals and prepare profit sheets.
• Receipt deposits.

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed