drjobs Automotive Finance Manager

Automotive Finance Manager

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1 Vacancy
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Job Location drjobs

Old Saybrook, CT - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Job Summary:

We are seeking a highly motivated and experienced Automotive Finance Manager to join our team. As a Finance Manager you will be responsible for overseeing and managing all aspects of automotive financing and insurance for our customers. You will work closely with our sales team to ensure a smooth and efficient process for our customers while also increasing sales and profitability for the dealership.

Compensation & Benefits:

  • Competitive income commensurate with experience.

  • Health dental and vision insurance.

  • Matching 401(k) plan.

  • Opportunities for career advancement within the automotive group.

  • Employee discounts on vehicle purchases and service.

Responsibilities:

  • Manage all aspects of automotive financing for customers including but not limited to obtaining credit reports analyzing credit applications and submitting loan applications to lenders.

  • Work closely with the sales team to identify and secure financing options for customers in a timely and efficient manner.

  • Educate customers on available financing and insurance options as well as any additional products and services offered by the dealership.

  • Coordinate with lenders and finance companies to obtain approval for financing and finalize terms and conditions.

  • Maintain accurate and uptodate records of all finance transactions and submit necessary paperwork to appropriate parties.

  • Ensure compliance with all state and federal regulations regarding automotive financing.

  • Monitor and analyze reports to identify potential areas for improvement and implement strategies to increase profitability.

  • Oversee and manage all insurance sales and processes including extended warranties and service contracts.

  • Train and mentor the sales team on best practices for financing and insurance sales.

  • Conduct regular training sessions to keep the sales team updated on new financing programs and techniques.

  • Handle any customer concerns or issues regarding financing or insurance.

Requirements:

  • Previous experience as an Automotive Finance Manager is required.

  • Strong understanding of automotive financing and leasing processes.

  • Excellent communication and negotiation skills.

  • Ability to work in a fastpaced environment and multitask effectively.

  • Detailoriented with strong organizational skills.

  • Proficient computer skills including experience with finance and insurance software.

  • Knowledge of relevant legal and regulatory requirements.

  • Valid drivers license and clean driving record.


Required Experience:

Manager

Employment Type

Full-Time

Company Industry

About Company

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