F&I Manager

Posted Yesterday
Be an Early Applicant
07003, Bloomfield, NJ, USA
In-Office
92K-284K Annually
Mid level
Automotive • Professional Services • Retail • Transportation
The Role
Present vehicle protection products, secure financing by working with lenders, submit deals electronically, process accurate transaction paperwork to meet DMV and lender requirements, collaborate with sales team, assist with customer engagement and follow-up, and drive product penetration and customer satisfaction.
Summary Generated by Built In
Dealership:L0710 BMW of Bloomfield

BMW of Bloomfield NOW HIRING Automotive Finance Managers!

If you're looking for a fast-paced, challenging, and lucrative role for the next step in your career, this is a perfect fit for you! We've got a national network of career growth opportunities and are looking for a performance-minded individual that will help us continue to drive success through our Finance Department.

Who We're Looking For:

  • Previous F&I experience preferred but not required
  • Experience with BMW a plus
  • A proven track record with an exceptional CSI
  • Excellent written and verbal communication skills
  • A team player who is focused on providing exemplary customer service
  • Acceptable driving record and a valid driver's license in your state of residence

What You'll Do:

  • Help customers choose protection packages for their vehicle by presenting all products and their benefits.
  • Ensure financing for customers; by building professional relationships with lenders and working with them to get the best financing available for our customers.
  • Submit deals to bank electronically using appropriate dealer system.
  • Process all transaction paperwork and ensure it is accurate and meets the needs of the Office, state specific DMV and lender requirements.
  • Participate in store meetings, interact with sales team and sales managers to ensure transactions are completed accurately and to the customer’s satisfaction.
  • Assist Sales Team with customer engagement and follow-up in the sales department during peak traffic times

Why Choose Lithia & Driveway?

  • Competitive, performance-based pay plans
  • Medical, Dental and Vision Plans
  • Paid Holidays & PTO
  • Short and Long-Term Disability
  • Paid Life Insurance
  • 401(k) Retirement Plan
  • Employee Stock Purchase Plan
  • Lithia Learning Center
  • Vehicle Purchase Discounts
  • Wellness Programs

High School graduate or equivalent, 18 years or older required. We are a drug free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. 

The estimated annual earnings for this position ranges from $92,154 to $283,868. This is a performance driven position, eligible for short-term and/or long-term incentives as part of total compensation, which includes commission based off individual product and reserve income, and bonuses based on individual net PVR, product penetration, and manufacturer approvability. Actual pay offered may vary depending on skills, experience, job-related knowledge, and location.

Skills Required

  • Previous F&I experience
  • Experience with BMW
  • Proven track record with exceptional CSI (customer satisfaction)
  • Excellent written and verbal communication skills
  • Team player focused on providing exemplary customer service
  • Acceptable driving record and valid driver's license in state of residence
  • High school graduate or equivalent, 18 years or older
  • Ability to submit deals electronically using dealer systems
  • Ability to process transaction paperwork meeting DMV and lender requirements
Am I A Good Fit?
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The Company
30,000 Employees

What We Do

Lithia Motors, Inc. is a nationwide automotive dealership group that provides vehicle sales, automotive repair, and financing services across hundreds of locations.

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