F&I Manager

Bravo Honda; Victoria (TX); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Commission/bonus opportunities

Health benefits

Professional growth opportunities

Collaborative work environment

Job summary

Bravo Honda in Texas is seeking an experienced F&I Manager to coordinate all financing and insurance transactions, ensure regulatory compliance, and deliver exceptional customer service throughout the vehicle sale process.

You will collaborate with sales to offer financing options, prepare documentation, review credit submissions, negotiate with lenders, and mentor staff on F&I processes. Candidates should have strong communication skills and experience with finance software and CRMs.

Qualifications

• Experience as an F&I Manager or similar in automotive industry.
• Strong knowledge of financial and insurance regulations and procedures.
• Excellent interpersonal and negotiation skills with a customer service focus.
• Ability to explain complex financial information clearly.
• Proficiency with finance-related software and CRM systems.
• Strong analytical mindset and attention to detail.
• Certifications or training in finance or insurance are preferred.

Responsibilities

• Collaborate with sales to offer financing options and insurance products.
• Prepare and process documentation for vehicle financing and related products.
• Ensure all finance deals comply with regulations.
• Develop relationships with financial institutions to secure favorable terms.
• Explain financing processes and documentation to customers clearly.
• Analyze credit profiles and work with lenders for approvals.
• Monitor deals to ensure timely closing and payout.
• Train sales staff on F&I processes and compliance.
• Achieve sales targets and maintain records of F&I activity.

Skills

F&I management

Regulations knowledge

Customer service

Explain finance clearly

CRM proficiency

Analytical skills

Certifications preferred

Tools

Finance software

CRM systems

Job description

Overview

Job Title: F&I Manager

We are seeking a dedicated and knowledgeable F&I (Finance and Insurance) Manager to join our dynamic team. The F&I Manager will play a crucial role in the seamless coordination of all financial and insurance-related transactions within our establishment, ensuring compliance with legal regulations and providing outstanding customer service.

Responsibilities

• Collaborate with the sales team to offer customers the best financing options and insurance products available, tailored to their unique needs and circumstances.
• Prepare and process all necessary documentation related to vehicle financing, insurance, and any additional products sold.
• Ensure all finance deals are fully compliant with local, state, and federal regulations.
• Develop and maintain strong relationships with financial institutions to secure favorable financing terms for our customers.
• Provide clear and accurate explanations of the financing process and related documentation to customers, enhancing their understanding and trust.
• Analyze customer credit profiles and work with lenders to secure approvals swiftly and accurately.
• Monitor financial agreements to ensure timely deal closing and proper payout of funds.
• Train and guide sales employees on F&I related processes and compliance regulations.
• Achieve set sales targets and maintain accurate records of transactions and F&I productivity metrics.

Qualifications

• Proven experience as an F&I Manager or a similar role within the automotive industry.
• Strong knowledge of financial and insurance regulations and procedures.
• Excellent interpersonal and negotiation skills, with a focus on customer service and satisfaction.
• Ability to explain complex financial information in a clear, concise manner.
• Proficiency in using finance-related software and CRM systems.
• Strong analytical skills and attention to detail.
• Relevant certifications or training in finance or insurance are preferred.

Why Join Us?

• Competitive salary with commission/bonus opportunities.
• Health and wellness benefits package.
• Professional growth and development opportunities.
• A collaborative and friendly work environment.

If you are an enthusiastic and customer-oriented finance professional, we encourage you to apply for this exciting opportunity to contribute to our team's success. We are looking forward to meeting innovative candidates who are ready to excel in this vital role.