Finance Manager

Posted Yesterday
Be an Early Applicant
Dearborn, MI, USA
In-Office
Junior
Automotive
The Role
Sell and contract finance and insurance products for vehicle sales, verify and process paperwork, obtain lender approvals, manage funds at closing, handle warranties and cancellations, maintain lender program and lease knowledge, and train/lead new F&I staff while ensuring compliance.
Summary Generated by Built In

Automotive Finance and Insurance F&I Manager

 Les Stanford Chevrolet Cadillac


***Closed on Saturdays!***



We are currently seeking a qualified Finance & Insurance (F&I) manager to be a part of our amazing team. This is an incredible opportunity for an experienced professional who is excited by automotive F&I, with a strong focus on compliance requirements and product knowledge. We need a leader who can train bright new talent and who is passionate about delivering the best customer service. 

 

Job Responsibilities

  • Contract new business, sell F&I products and close deals
  • Generate finance income on all sold customers
  • Check/verify paperwork involved with cash, finance or loan transactions
  • Contract or collect all money at closing
  • Seek bank approval on financed and leased deals
  • Maintain a working knowledge of leases
  • Assist in acquiring approval from lenders
  • Understand all programs and rate options offered by our lenders
  • Solicit extended warranty sales
  • Handle all cancellations for extended service contracts, GAP policies, etc.

 

Previous Automotive Dealership Experience Required for Consideration

  • A minimum of 1-year F&I experience is required

 

Compensation

  • We offer a competitive compensation and benefits package.
  • Compensation is based on performance and is competitive with the retail automotive market.

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.

Skills Required

  • Previous automotive dealership experience
  • Minimum 1 year F&I (Finance & Insurance) experience
  • Strong knowledge of F&I products, rates, and lender programs
  • Understanding of leases and ability to obtain lender approvals
  • Ability to verify and process finance/loan paperwork and collect funds at closing
  • Ability to train and lead new F&I associates
  • Knowledge of compliance requirements related to automotive F&I
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The Company
125 Employees

What We Do

Les Stanford is a leading automotive dealership serving the Detroit metro area, offering a wide selection of new and used vehicles from brands such as Chevrolet, Buick, GMC, and Cadillac. The company is highly regarded for its expertise, notably operating as 'America's Corvette King,' and provides comprehensive vehicle sales and service center operations to its customers throughout the region.

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