F&I Manager

Job Description

Job Description

F & I MANAGER

Job Purpose:  responsible for selling financing programs and additional products at auto dealerships.

F&I managers also work with financial lenders to give fair interest rates to buyers and programs. Finance managers are required to uphold strict legal and ethical standards while conducting business. This dealership conducts business with full disclosure to our guests to be federally compliant.

Job Duties:

1. Offering vehicle financing and insurance to customers and providing them with a thorough explanation of aftermarket products and extended warranties and a complete explanation of manufacturer and dealership service procedures and policies.
2. Seeking new lending institutions and maintaining good working relationships to secure competitive interest rates and financing programs.
3. Processing financing and leasing deals accurately and securing approval through financial sources to secure approval and through the proper federal, state and corporate channels.
4. Understanding and complying with federal, state and local regulations that affect the new and used-vehicle and finance departments. 
5. Creating and maintaining a program with the sales department that will ensure all new sales are referred to the F&I department.

1. Training and providing the sales team with information on finance and lease programs and the
   benefits of the dealership’s financing and extended service programs
   
   Skills/Qualifications

1. Ability to identify the problem quickly.
2. Good knowledge of automobiles.
3. Effective analytical and communication skills.
4. Effective people skills
5. Good reading, computer, and mathematics skills
6. Leadership quality
7. Ability to learn new technology and repair and service procedures and specifications.
8. Should be able to operate electronic diagnostic equipment.

Job Requirements

1. Must hold a high school diploma or equivalent
2. Finance background preferred
3. Strong background in business, mathematics & marketing
4. 2 years automotive sales experience
5. 1 year in a dealership management position
6. Superior customer interaction skills
7. Basic Computer skills
8. Positive, friendly attitude, along with a customer service mentality

1. Enjoy working in a fast paced environment
2. Available evenings and weekends
3. All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, drug test, credit report, and valid driver license6

Benefits

Benefits include medical and dental insurance, 401K retirement savings plan, Vacation time, holiday and sick leave, company paid continuing education and training. Our company maintains a strong policy of equal employment opportunity for all associates. We hire, train, promote and compensate associates on the basis of personal and professional competence and potential for advancement without regard for race, color, religion, sex, national origin, age, marital status, disability or citizenship, as well as other classifications protected by applicable federal, state or local laws.