Subprime Finance Manager

Favorit Motors • Toronto, ON

18d

About The Position

Favorit Motors is a family-owned dealership with over 20 years of success in automotive sales, service, and finance. As a pioneer in the subprime automotive space, we are expanding rapidly and looking for a driven, experienced Subprime Finance (F&I) Manager to join our team.
If you are results-driven, customer-focused, and ready to maximize your income, this is your opportunity to grow within a fast-paced, high-reward environment.
As a Subprime Finance Manager, you will manage the full deal lifecycle while delivering exceptional customer experiences:

Requirements

• Minimum 1–3+ years’ experience in subprime automotive finance or F&I
• Strong knowledge of subprime lenders, deal structuring, and funding processes
• Ability to analyze and interpret credit reports confidently
• Experience with DealerTrack and CRM systems
• Excellent communication, negotiation, and closing skills
• Strong organizational skills and attention to detail
• OMVIC License (required or willing to obtain)
• Valid driver’s license with clean record
• Ability to pass a criminal background check
• Positive attitude, integrity, and strong work ethic

Responsibilities

• Handle subprime finance deals from application to approval and delivery
• Communicate with customers via phone, email, text, and in-person consultations
• Assessing customer needs, credit profiles, income, and financial situation
• Structure and negotiating deals with lenders and customers
• Present financing, warranty, and aftermarket product options
• Maintain accurate records using CRM systems and DealerTrack
• Collect and verify documentation to ensure timely funding
• Manage and follow up on warm leads (no cold calling required)
• Ensure full compliance with OMVIC and Ontario regulations
• Build strong relationships with lenders and stay current on programs

Benefits

• $150,000+ annual earning potential (salary + commission + bonuses)
• High volume of qualified leads provided daily
• Access to prime & subprime lenders
• 150+ vehicles in indoor showroom
• Flexible working hours
• Ongoing training and career development
• Supportive, team-oriented environment

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed
• Number of Employees: 1-10 employees