Auto Finance Manager

Confidential • Full-time • Madison, Wisconsin, United States • $150k - $200k / year • 4m ago

Busy Automotive Dealership is looking for an Experienced Finance & Insurance Manager to assist our customers in the car buying process. F&I Managers also work with financial lenders to give fair interest rates to buyers and programs. As with all positions within dealerships, F&I Managers are expected to uphold the highest ethical standards.

Potential income of $150,000 to $200,000!

Job Responsibilities:

Offering vehicle financing and insurance to customers and providing them with a thorough explanation of aftermarket products and extended warranties and a complete explanation of manufacturer and dealership service procedures and policies.
Maintaining good working relationships to secure competitive interest rates and financing programs.
Processing financing and leasing deals accurately and securing approval through financial sources to secure approval and through the proper federal, state and corporate channels.
Understanding and complying with federal, state and local regulations that affect the new and used-vehicle and finance departments.
Creating and maintaining a program with the sales department that will ensure all new sales are referred to the F&I department.
Training and providing the sales team with information on finance and lease programs and the benefits of the dealership’s financing and extended service programs.

Job Requirements:

It is recommended that the Finance & Insurance Manager has two years of automotive sales experience and one year in a dealership management position.
Managerial positions are required to maintain the profitability of their department while controlling expenses and maintaining customer satisfaction.
Managers are required to not only understand and keep abreast of the federal, state, and local regulations that affect their operations.
F & I personnel require strong communication skills in order to work with customers, employees and finance and insurance vendors as they represent the dealership.
People working within the automotive retail industry often have to work extended hours, evenings and weekends to achieve their goals.
A college degree or equivalent experience in finance is preferred. A strong background in business, mathematics, marketing and computers is also useful.

Benefits: Health Insurance, Dental Insurance, 401K, Vacation/Paid time off, Discounts

Job Type: Full-time

Pay: $150,000.00 - $200,000.00 per year

Benefits: