F&I Producer

hendrick; United States; On-site; USD 55,000 - 80,000; Full time

Job summary

Hendrick Volkswagen Frisco is seeking a Financial Services Producer to coordinate the sale of finance and insurance programs to customers. The candidate will work with lenders and financial institutions to provide financial services at the dealership, ensuring accurate documentation and adherence to F&I procedures.

The role requires knowledge of dealership finance practices, strong interpersonal and selling skills, and the ability to work with a sales team.

Qualifications

• Degree or commensurate finance experience.
• Knowledge of dealership finance and insurance procedures.
• Knowledge of regulations governing automotive financing.
• Experience working with lenders and financial institutions.

Responsibilities

• Sell financing and insurance to customers.
• Review and process credit applications.
• Present extended service contracts and owner protection programs.
• Coordinate with sales team and lenders during deals.
• Maintain required documentation and deal checklists.
• Attend weekly manager meetings and maintain CSI.

Skills

Interpersonal skills

Persuasive selling

Microsoft Office

Dealership finance knowledge

Education

GED

High School Diploma

Associate Degree

Bachelor Degree

Master Degree

Doctorate Degree

Tools

Dealer Management System

Job description

Hendrick Volkswagen Frisco

Location: 5010 State Highway 121, Frisco, Texas 75034

Summary

Responsible for coordinating the sale of finance and insurance programs to customers. The Financial Services Producer works with lenders and financial institutions to provide financial services to dealership customers.

Supervisory Responsibilities

This job has no direct supervisory responsibilities.

Essential Duties and Responsibilities include the following

• Sells financing and insurance to customers.
• Responsible for the attainment and gross production of financial services' goals and objectives.
• Reviews customer credit applications.
• Presents extended service contracts and other owner protection programs available to customers.
• Assesses profitability to dealership of financing arrangements
• Utilizes the menu selling process.
• Ensures necessary documentation for each deal is complete by utilizing a deal checklist.
• Works closely with sales team, maintains effective employee relations
• Maintains AFIP Certification.
• Acts as liaison between the customer and the lending institution.
• Ensures adherence to F&I reporting requirements of company.
• Attends weekly manager meetings.
• Maintains CSI at or above Company standards
• Maintains an organized, clean and safe work area
• Participates in required training
• Records all hours worked accurately in company timekeeping system
• Follows Safeguards rules and regulations.
• Demonstrates the Company's core values
• Complies with Company policies and procedures
• Observes all Federal, State, Local and Company safety rules and regulations in the performance of duties.
• Other duties as assigned

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with medical conditions to perform the essential functions.

Desired Education

• GED
• High School Diploma
• Associate Degree
• Bachelor Degree
• Master Degree
• Doctorate Degree

Field of Study/Work Experience

• Accounting
• Automotive
• Business
• Human Resources
• Information Technology

Desired Work Experience

• up to 3 years
• 3-5 years
• 5+ years

Education/Experience

Degree or commensurate finance experience. Knowledge of dealership finance and insurance procedures preferred. Knowledge of regulations and laws governing financing in the automotive industry. Ability to work with lenders and financial institutions. Prior automotive sales experience desired.

Certificates and Licenses

• Valid Driver's License
• Automobile Salesperson License
• AFIP Certification

Computer Skills

Advanced knowledge of Microsoft Office products. Advanced ability to operate Finance and Insurance portion of Dealer Management System.

Communication Skills

Ability to understand and follow instructions. Ability to communicate effectively with customers and company personnel. Strong interpersonal and persuasive selling skills.

Attendance Expectations

The position requires regular and predictable attendance. Scheduled shifts may include evening hours, weekends, and holidays.

Physical Demands

While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to stand; walk; and sit. Must be able to lift up to 5 pounds.

Environment Demands

Duties are performed primarily in finance and insurance and sales areas. Considerable time spent on the phone and at a computer. Work involves frequent customer contact and interaction with lending institutions.

Verbal and Writing Ability

Ability to read and comprehend instructions, correspondence, and memos. Ability to effectively present information in one-on-one and small group situations to customers and other employees.

Math Ability

Ability to add, subtract, multiply and divide.

Reasoning Ability

Knowledge of bank and insurance terminology and procedures. Ability to review and process sales contracts and finance documents.

Core Values

• Servant LeadershipServant Leaders consciously put the needs of others before their own, because to serve people is to value them.
• Teamwork through Trust & RespectDiversity is strength, and when we trust and respect one another we can work as a team to achieve at a high level.
• IntegrityBeing honest and transparent with people, in an effort to do the right thing within the letter and spirit of the law, drives every action we take and every decision we make.
• Commitment to Customer EnthusiasmEvery day we recommit ourselves to the customer experience, and we are empowered to exceed the expectations of our customers.
• Passion for WinningHendrick's tradition of winning is based on the idea of striving to be the best, not the biggest, and is therefore defined by how we treat our people.
• Accountability at All Le