F&I Manager - Vernon Ford

Posted 2 Days Ago
Be an Early Applicant
Vernon, TX, USA
In-Office
100K-200K Annually
Mid level
Automotive • Retail
Delivering an experience for our guests and our teammates that fulfills dreams, enriches lives and delivers happiness
The Role
Manage automotive finance and insurance activities by presenting financing and aftermarket products, structuring profitable deals, securing lender approvals, and ensuring regulatory compliance. The role is responsible for paperwork, timely deal funding, PVR and product penetration performance, customer follow-up, and collaboration with sales teams to support vehicle delivery and referrals.
Summary Generated by Built In
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 

Compensation Draw / Uncapped Commission

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

Perks & Benefits:

  • Medical, Dental & Vision Insurance
  • 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

Skills Required

  • Minimum of 3+ years of experience in automotive finance and insurance 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
  • Authorized to work in the USA
  • Ability to pass pre-employment background checks, MVR check, and drug test
  • Valid driver's license
  • Saturday availability
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The Company
HQ: Charlotte, North Carolina
1,700 Employees
Year Founded: 1997

What We Do

Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is on a quest to become the most valuable diversified automotive retail and service brand in America. Our Company culture thrives on creating, innovating, and providing industry-leading guest experiences, driven by strategic investments in technology, teammates, and ideas that ultimately fulfill ownership dreams, enrich lives, and deliver happiness to our guests and teammates. As one of the largest automotive and powersports retailers in America, we are committed to delivering on this goal while pursuing expansive growth and taking progressive measures to be the leader in these categories. Our new platforms, programs, and people are set to drive the next generation of automotive and powersports guest experiences.

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