Finance Manager

Job Title: F&I Manager

Department: Finance

Reports to: F&I Director

FLSA Status: Exempt

Directs the general supervision of the F&I Director structures car deals for clients with average to above credit, in compliance with finance lender guidelines and auto dealership policy, resulting in quick funding, and a high level of customer satisfaction. Additional duties may be assigned based on the needs of the company.

• Knows and implements dealership policies and procedures.
• Maintains a clean and organized office.
• Communicates all problem deals to management immediately.
• Addresses missing stipulations communicated from lender immediately.
• Adheres to a standard of professional ethics and is respectful to customers.
• Knowledgeable in state regulations regarding finance and the Fair Credit Reporting Act.
• Interacts with appropriate departments.
• Train and supervises sales staff of any changes in regulations and the Fair Credit Reporting Act.
• Structures deals in accordance with lender and dealership guidelines.
• Never intentionally misrepresents a deal.
• Books out deals accurately. Never misrepresents equipment.
• Performs credit interview, prepares credit application.
• Verifies accuracy of all material information on the credit application and submits to lender.
• Maintains confidentiality of customer information.
• Discloses financial information to customers.
• Sells credit insurance and service contracts.
• Maintains good lender relations.
• Maintains a lender guide of programs currently used and obtains a working knowledge of them.
• Evaluates new lender programs.
• Goes over deals with lenders. Works all deals diligently.
• Maintains a call-in log and contracts in transit log (funding package).
• Reviews funding packages prior to mailing.
• Analyzes credit reports, able to recognize a conventional deal and turns over accordingly.
• Properly cost special finance deals (prepares profit sheets).
• Receipts deposits immediately.
• Maintain a cooperative manner with other employees
• Any other duties as assigned by management

This position has no supervisor responsibilities

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This is a safety sensitive position that may require driving for company business, so the individual must be insurable through the MVD.

Bachelor’s degree from an accredited college or university or an equivalent combination of education and experience is required; 2 years previous related experience is required. A current valid NM Driver’s License and a clean driving record is required.

While performing the duties of this job, the employee is regularly required to sit, use hands to finger, handle, or feel and use a computer. The employee frequently is required to talk, hear and reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.

This position primarily works in an office setting indoors.