Automotive Special Finance Manager F & I Manager

Independent Subprime Auto Dealership • Full-time • Philadelphia, Pennsylvania, United States • 3m ago

Established sub-prime automotive dealership in Philadelphia Area is seeking an experienced SPECIAL F & I Manager . The Special Finance and Insurance Manager has three areas of responsibility, working with customers, sales people and sales manager to deliver their vehicles, which includes preparing and signing all the necessary paperwork, arranging financing for all customers, particularly those with credit issues.

!!! Must Have Automotive Special Finance Experience !!!

Duties and responsibilities include, but are not limited to, the following:

Understanding of the dealership financing procedures
Ability to process paperwork and loan documentation for customers with credit issues, low credit scores, and credit concerns
Communicate all problem deals to management immediately
Address missing stipulations communicated from lender immediately
Be knowledgeable of state regulations regarding finance and the fair credit reporting act
Train and supervise sales staff
Structure deals in accordance with lender and dealership guidelines
Book-out deals accurately
Perform credit interview, prepare credit application
Verify accuracy of all material information on the credit application and submit to lender
Maintain confidentiality of customer information
Disclose financial information to customers
Maintain good lender relations
Maintain a lender guide of programs you are currently using and obtain a working knowledge of them
Evaluate new lender programs
Rehash deals with lenders to maximize profits
Maintain current inventory log and make recommendations to management
Help move old inventory
Maintain a call-in log and contracts in transit log (funding package)

Requirements

Automotive experience
Finance management experience with special finance
Knowledge of lenders and financing customers with low credit scores
Ability to set and achieve sales goals
Strong organizational and time management skills
Ability to follow structured processes to ensure legal compliance while maintaining accuracy and attention to detail
Ability to communicate professionally with customers, management and co-workers

Benefits:

We offer benefits and great pay plan in the industry with base salary commission and bonuses.

Job Type: Full-time

Benefits: