Subprime Finance Manager

Favorit Motors Canada; Toronto; On-site; CAD 150,000 - 200,000; Full time

Benefits offered by this job

150+ vehicles showroom

Flexible working hours

Ongoing training and career developm​t

Supportive, team-oriented environment

Job summary

Favorit Motors Canada is seeking a driven Subprime Finance (F&I) Manager to lead subprime financing from application to delivery with a high-velocity, high-reward environment.

You will assess credit profiles, structure deals, present financing options, and maintain accurate CRM/DealerTrack records while ensuring Ontario regulatory compliance and strong lender relationships.

Qualifications

• Minimum 1–3+ years in subprime automotive finance or F&I.
• Strong knowledge of subprime lenders, deal structuring, and funding processes.
• Ability to analyze and interpret credit reports confidently.
• Experience with DealerTrack and CRM systems.
• Excellent communication, negotiation, and closing skills.
• Strong organizational skills and attention to detail.
• OMVIC license (required or willing to obtain).
• Valid driver’s license with clean record.
• Ability to pass a criminal background check.

Responsibilities

• Handle subprime finance deals from application to approval and delivery.
• Communicate with customers via phone, email, text, and in-person consultations.
• Assessing customer needs, credit profiles, income, and financial situation.
• Structure and negotiating deals with lenders and customers.
• Present financing, warranty, and aftermarket product options.
• Maintain accurate records using CRM systems and DealerTrack.
• Collect and verify documentation to ensure timely funding.
• Manage and follow up on warm leads (no cold calling required).
• Ensure full compliance with OMVIC and Ontario regulations.
• Build strong relationships with lenders and stay current on programs.

Skills

Subprime finance

Deal structuring

Credit analysis

DealerTrack

CRM systems

Negotiation

Communication

Organization

OMVIC license

Driver's license

Background check

Tools

DealerTrack

CRM systems

Job description

Favorit Motors

Join a High-Growth Automotive Team with Unlimited Earning Potential

Favorit Motors is a family-owned dealership with over 20 years of success in automotive sales, service, and finance. As a pioneer in the subprime automotive space, we are expanding rapidly and looking for a driven, experienced Subprime Finance (F&I) Manager to join our team.

If you are results-driven, customer-focused, and ready to maximize your income, this is your opportunity to grow within a fast-paced, high-reward environment.

What You’ll Do

• Handle subprime finance deals from application to approval and delivery
• Communicate with customers via phone, email, text, and in-person consultations
• Assessing customer needs, credit profiles, income, and financial situation
• Structure and negotiating deals with lenders and customers
• Present financing, warranty, and aftermarket product options
• Maintain accurate records using CRM systems and DealerTrack
• Collect and verify documentation to ensure timely funding
• Manage and follow up on warm leads (no cold calling required)
• Ensure full compliance with OMVIC and Ontario regulations
• Build strong relationships with lenders and stay current on programs

What You Bring

• Minimum 1–3+ years’ experience in subprime automotive finance or F&I
• Strong knowledge of subprime lenders, deal structuring, and funding processes
• Ability to analyze and interpret credit reports confidently
• Experience with DealerTrack and CRM systems
• Excellent communication, negotiation, and closing skills
• Strong organizational skills and attention to detail
• OMVIC License (required or willing to obtain)
• Valid driver’s license with clean record
• Ability to pass a criminal background checkPositive attitude, integrity, and strong work ethic

Compensation & Benefits

• $150,000+ annual earning potential (salary + commission + bonuses)
• High volume of qualified leads provided daily
• Access to prime & subprime lenders
• 150+ vehicles in indoor showroom
• Flexible working hours
• Ongoing training and career development
• Supportive, team-oriented environment

Why Join Favorit Motors?

• Be part of a fast-growing, respected dealership
• Work in a high-energy, entrepreneurial environment
• Build a career with unlimited income potential
• Receive full support to structure and close deals successfully

Equal Opportunity Employer

Favorit Motors is committed to providing an inclusive and equitable workplace. We welcome applications from all qualified candidates. Only those selected for an interview will be contacted. Favorit Motors used AI system for fair evaluation of candidates.

This is an existing vacancy.