BMW F&I Manager

Tulley Automotive Group • Nashua, NH

14h

About The Position

As an F&I Manager, you will assist clients with the financing process for vehicle purchases, inform clients about special offers or sales for which their car qualifies, and offer add-ons such as additional service or extended warranties. The role works with dealerships and lenders to process finance and lease applications, communicate approval status, maintain lender agreements and relationships, and support accurate finance reserve and revenue calculations. You will also explain the benefits of vehicle protection programs and perform other duties consistent with the role as assigned.

Requirements

• Excellent verbal and written communication skills.
• Excellent time management skills.
• Excellent organizational skills and attention to detail.
• Comprehensive knowledge of retail loan processing with lending institutions.
• Ability to perform a wide variety of duties and responsibilities accurately and quickly under deadline pressure.
• Ability to work well with others in a team environment.
• Ability and willingness to quickly learn and apply new skills and knowledge in response to rapidly changing information or technology.

Responsibilities

• Secure finance and lease contract approvals submitted by dealerships through a portfolio of lenders.
• Maintain communication with dealerships regarding retail lending activity, approval status, and finance reserve margins.
• Oversee the review, recording, forwarding, approval, and timely status communication of financing applications.
• Maintain an understanding of retail lender agreements and process requirements.
• Document lender agreements, including reserve payment methods and limits of liability.
• Verify that the correct cost of funds and retail finance reserve calculation are used to recognize and record revenue.
• Thoroughly explain the benefits of vehicle protection programs.
• Establish and maintain lender relationships.
• Perform other related duties consistent with the role and function of the specification as assigned.

Benefits

• Competitive compensation.
• Paid vacation, personal, and holiday time.
• 401(k) plan with dealer contribution.
• Employee Assistance Program (EAP).
• Medical, dental, vision, and accident insurance.
• Short- and long-term disability coverage.
• Voluntary life and AD&D coverage.
• Employer-paid life insurance.

What This Job Offers

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