Special Finance Director – Subprime Auto Lending

The CAR Group (Norm Reeves Dealerships); Vista (CA); On-site; USD 50,000 - 160,000; Full time

Benefits offered by this job

Medical, Dental, Vision, and Life Ins.

401k Matching

Tuition Reimbursement

Paid Time Off

Supplemental Insurance

Employee Discounts

Job summary

The CAR Group (Norm Reeves Dealerships) in Vista, CA is seeking a Finance/Typing Director to lead sub-prime lending initiatives and manage contracts with Prime/Mid-Prime/Sub-Prime lenders. You will be responsible for creating a best-in-class guest experience while upholding ethical standards.

From lead inquiry to vehicle delivery and loan funding, you’ll oversee backend product sales, ensure profitability (PVR targets) and coordinate with lenders to place all deals smoothly.

Qualifications

• Minimum 2 years in sub-prime lending in a special finance role.
• Ability to rehash deals with Prime/Mid-Prime/Sub-Prime lenders.
• Proven track record meeting PVR and profitability targets.

Responsibilities

• Sell backend products using a menu (Service Contracts, GAP, Paint/Fabric Sealants).
• Manage Contracts in Transit daily.
• Use your prior experience with credit challenged sub-prime auto loan lending and complete understanding of sub-prime automotive business.
• Demonstrate resilience to work with lenders that specialize in poor credit profiles and sub-prime lending.
• Pay attention to detail and collect all stipulations that go with a subprime credit file.
• Take a transaction from A-Z, from the inception of the initial lead inquiry to delivery of the vehicle and funding of the loan.
• Model patience and work with credit challenged clientele.

Skills

Sub-prime lending experience

Leadership

Organizational skills

Follow-up skills

Tools

MS Excel

MS Word

MS Outlook

Job description

The CAR Group (Norm Reeves Dealerships) in Vista, CA is seeking a Finance/Typing Director to lead sub-prime lending initiatives and manage contracts with Prime/Mid-Prime/Sub-Prime lenders. You will be responsible for creating a best-in-class guest experience while upholding ethical standards.

From lead inquiry to vehicle delivery and loan funding, you’ll oversee backend product sales, ensure profitability (PVR targets) and coordinate with lenders to place all deals smoothly.