F&I Manager - Vernon Ford

Sonic-Automotive

Vernon (TX)

On-site

USD 100,000 - 200,000

Full time

14 days+
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Benefits offered by this job

401(k) with Company Match
Paid Time Off
Sundays Off
Closed on Thanksgiving & Christmas
Employee Pricing on Purchases & Leases
Gym membership discounts
Travel deals on hotels, rentals & air

Job summary

Vernon Ford, part of Sonic Automotive, is seeking an experienced F&I Manager to help customers secure financing while maximizing dealership revenue through the sale of finance products, warranties, and other add-ons. A minimum of 3+ years in automotive finance and insurance management is required.

The role involves presenting financing options, structuring deals for profitability, securing lender financing, and maintaining high PVR with compliant practices.

Qualifications

  • Minimum of 3+ years of experience in automotive finance and insurance (F&I) management.
  • Proven track record of exceeding PVR goals and product penetration benchmarks.
  • Strong understanding of finance laws, contracts, and compliance regulations.
  • Excellent communication, negotiation, and presentation skills.
  • All applicants must be authorized to work in the USA.
  • All applicants must be able to demonstrate ability to pass pre-employment testing including background checks, MVR, drug test, and have a valid driver license.

Responsibilities

  • Present financing options and aftermarket products to customers in a clear and transparent manner.
  • Structure deals for maximum profitability while ensuring compliance with all regulatory guidelines.
  • Sell finance and insurance products, extended warranties, maintenance plans, GAP insurance, and more to increase PVR.
  • Secure financing through lender partners, submit credit applications, and gain approvals efficiently.
  • Maintain high closing ratios and consistent PVR performance.
  • Accurately complete all required paperwork and ensure timely funding of deals.
  • Maintain detailed knowledge of manufacturer programs, rebates, and lender guidelines.
  • Provide exceptional customer service and follow-up to build long-term relationships and referrals.
  • Collaborate with the sales team to ensure seamless delivery and a positive customer experience.
  • Stay up-to-date with compliance standards, including state, federal, and dealership policies.

Skills

F&I management

Job description

  • Compensation: USD 100000 - USD 200000 - yearly
Company Description

Vernon Ford Sonic Automotive is a multi-billion dollar Fortune 500 company and one of the largest automotive dealer groups in the country with 100+ dealerships nationwide across 25 brands.

Annual Salary Range:

$100k-$200k Depending on Performance

Summary:

The F&I Manager responsible for helping customers secure financing while maximizing dealership revenue through the sale of finance products, warranties, and other add-ons.

**Minimum of 3+ years of experience in automotive finance and insurance (F&I) management.**

Job Description

Duties & Responsibilities:

  • Present financing options and aftermarket products to customers in a clear and transparent manner.
  • Structure deals for maximum profitability while ensuring compliance with all regulatory guidelines.
  • Sell finance and insurance products, extended warranties, maintenance plans, GAP insurance, and more to increase PVR.
  • Secure financing through lender partners, submit credit applications, and gain approvals efficiently.
  • Maintain high closing ratios and consistent PVR performance.
  • Accurately complete all required paperwork and ensure timely funding of deals.
  • Maintain detailed knowledge of manufacturer programs, rebates, and lender guidelines.
  • Provide exceptional customer service and follow-up to build long-term relationships and referrals.
  • Collaborate with the sales team to ensure seamless delivery and a positive customer experience.
  • Stay up-to-date with compliance standards, including state, federal, and dealership policies.
Qualifications
  • Minimum of 3+ years of experience in automotive finance and insurance (F&I) management.
  • Proven track record of exceeding PVR goals and product penetration benchmarks.
  • Strong understanding of finance laws, contracts, and compliance regulations.
  • Excellent communication, negotiation, and presentation skills.
  • All applicants must be authorized to work in the USA.
  • All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, and have a valid driver license.
Additional Information

Schedule:

  • FULL TIME
  • Sundays Always Off
  • Saturday Availability Required
  • 401(k) with Company Match
  • Paid Time Off that Grows with You
  • Sundays Always Off
  • Closed on Thanksgiving & Christmas
  • Employee Pricing on Purchases & Leases
  • Free & Discounted Gym Membership Options
  • Exclusive Travel Deals on Hotels, Rentals & Airfare
  • Career Growth in a Fortune 500 Company

All your information will be kept confidential in accordance with EEO guidelines

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