F&I Manager: Subprime Auto Financing & Compliance

DOUGLAS MOTORS CORP; Summit (NJ); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Paid Training

Professional Development

Health, Dental, & Vision Insurance

401(K)

Job summary

Douglas Motors in Summit, NJ seeks an experienced Finance and Insurance (F&I) Manager to lead the finance department, structure subprime deals, and maximize profitability. The role requires excellent communication, compliance knowledge, and a customer-focused approach to help buyers find the best financing and protection options.

VW and Audi experience a plus. Responsibilities include overseeing the finance menu, tracking lender portfolios, ensuring timely deal processing, and maintaining

Qualifications

• Must have automotive finance experience and deal structuring.
• Knowledge of regulatory and compliance requirements.
• Ability to work in a fast-paced environment.
• Excellent communication and customer service skills.

Responsibilities

• Develop a comprehensive menu selling process to maximize the finance department’s profitability and product penetration.
• Track portfolio with lenders.
• Review and inspect the flow of the department’s paperwork to ensure timely deal turnaround.
• Ensure all deals are fully compliant with local, state, and federal guidelines.
• Support the sales department in achieving its goals.
• Be an example of professional morals, ethics, and customer service.
• Work closely with the sales team on proper selling methods.
• Set and maintain finance department work schedule.

Skills

Communication

Customer service

Compliance knowledge

Self-motivation

Professional appearance

Education

High school diploma or GED

Job description

Douglas Motors in Summit, NJ seeks an experienced Finance and Insurance (F&I) Manager to lead the finance department, structure subprime deals, and maximize profitability. The role requires excellent communication, compliance knowledge, and a customer-focused approach to help buyers find the best financing and protection options.

VW and Audi experience a plus. Responsibilities include overseeing the finance menu, tracking lender portfolios, ensuring timely deal processing, and maintaining