Automotive- Subprime Finance Manager

Paragon Auto Mall; Mississauga; On-site; CAD 150,000 - 173,000; Full time

Job summary

A leading automotive dealership in Peel Region, Mississauga is seeking a Subprime Finance Manager. The role involves facilitating vehicle financing for customers with credit challenges and ensuring compliance with regulations. Ideal candidates will have experience in automotive finance, strong negotiation skills, and the ability to manage complex transactions. This is a full-time position with a salary starting from $150,000 per year.

Qualifications

• Proven experience in automotive finance, with a focus on subprime financing.
• In-depth knowledge of subprime lending practices and regulations.
• Familiarity with relevant software and systems.

Responsibilities

• Specialize in securing financing options for customers with subprime credit.
• Assess and analyze customer credit applications.
• Stay abreast of financial regulations and ensure compliance.
• Cultivate relationships with lending institutions.
• Collaborate with the sales team to maximize profitability.
• Oversee the preparation of financing and legal documents.
• Provide information to customers regarding financing options.

Skills

Negotiation skills

Communication skills

Detail-oriented

Education

Bachelor's Degree (preferred)

Job description

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VP-Client Relations & Marketing at Paragon Auto Mall

Company Description

Paragon Auto Mall is a trusted destination for high-quality new and pre-owned vehicles, offering exceptional customer service. We are passionate about cars and dedicated to helping customers find the perfect vehicle to meet their needs and desires. Our commitment to excellence has made us a favored choice among car buyers. Discover an unparalleled car-buying experience with us.

Job Title : Subprime Finance Manager - Automotive

Overview : As the Subprime Finance Manager at Paragon Auto Mall, you will play a pivotal role in facilitating vehicle financing for customers with credit challenges. Your expertise in subprime financing will contribute to expanding our customer base while ensuring compliance with regulatory standards.

Responsibilities :

Customer Financing : Specialize in securing financing options for customers with subprime credit, structuring deals to meet both customer needs and dealership goals.

Credit Analysis : Assess and analyze customer credit applications, working closely with lenders to secure approvals and favorable terms.

Compliance : Stay abreast of financial regulations and ensure all financing activities adhere to legal and ethical standards.

Relationship Building : Cultivate relationships with lending institutions to negotiate terms and secure competitive financing options for customers.

Sales Collaboration : Collaborate with the sales team to structure deals that maximize profitability while meeting the unique needs of subprime customers.

Documentation : Oversee the preparation and accuracy of all financing and legal documents, ensuring a smooth and compliant transaction process.

Customer Education : Provide clear and transparent information to customers regarding their financing options, terms, and conditions.

Qualifications :

• Proven experience in automotive finance, with a focus on subprime financing.
• In-depth knowledge of subprime lending practices and regulations.
• Strong negotiation and communication skills.
• Detail-oriented with the ability to manage complex financing transactions.
• Familiarity with relevant software and systems.

Job Types : Full-time, Permanent

Pay : From $150,000.00 per year

Education :

Bachelor's Degree (preferred)

License / Certification :

OMVIC (required)

Seniority level

Seniority level

Entry level

Employment type

Employment type

Full-time

Job function

Job function

Management and Manufacturing

Industries

Retail

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