Automotive Finance Manager

CrossRoads Ford Group; Wake Forest (NC); On-site; USD 50,000 - 90,000; Full time

Job summary

An established industry player is seeking an Automotive Finance Manager to lead their finance department in Wake Forest. This role involves assisting customers with their financing needs and ensuring compliance with federal and state regulations. As an F&I Manager, you will work closely with financial lenders to secure approvals and funding, while also training the sales team on finance programs. The ideal candidate will possess strong customer service skills and a deep understanding of the automotive financing landscape. Join this dynamic team and help drive customer satisfaction and departmental profitability.

Qualifications

• Understanding federal and state regulations affecting operations.
• Ability to maintain profitability while ensuring customer satisfaction.

Responsibilities

• Assist customers with financing and product needs for vehicle purchases.
• Prepare and process financing and leasing deals accurately.

Skills

Automotive Financing

Customer Service

Regulatory Compliance

Sales Training

Education

High School Diploma

Bachelor's Degree in Finance or related field

Job description

Job Details

Job Location: Crossroads Ford of Wake Forest - Wake Forest, NC

Position Type: Full Time

Salary Range: Undisclosed

Description

The Automotive Finance Manager (F&I Manager) assists new and used car buyers with their financing and product needs. F&I Managers work with our financial lenders to acquire approvals and funding for their clients and the dealership. As with all positions within our dealerships, F&I managers are expected to uphold the highest ethical standards and follow the Federal Safeguard and Red Flag rules and standards.

• Offering vehicle financing to customers and providing them with a thorough explanation of aftermarket products and extended service agreements with a complete explanation of manufacturer and dealership benefits, service procedures, and policies
• Preparing & processing financing and leasing deals accurately
• Securing approval through financial sources and complying with the proper federal & state regulations
• 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
• Staying up-to-date of the department's contracts in transit ensuring timely cash flow

Qualifications

Qualifications:

• These managerial positions are required to maintain the profitability of their department while controlling expenses and maintaining customer satisfaction
• F&I Managers are required to understand and keep abreast of the federal, state, and local regulations that affect their operations
• Valid Drivers License and clean driving record
• Must consent to and pass a drug/background screen