Finance Manager

Posted 2 Days Ago
Be an Early Applicant
New York, NY
1-3 Years Experience
Automotive
The Role
The Finance Manager provides financing services to automotive customers by evaluating their creditworthiness, preparing legal documents, selling related products, and maintaining good customer relationships while ensuring compliance with regulations.
Summary Generated by Built In

Automotive Finance / Business Manager

Top finance position for qualified candidate with a proven track record in the automotive industry. Commission, salary and excellent benefits package.

Job Purpose:
Provides insurance and financing services to automotive customers by verifying sales information; determining need for financing; evaluating customer creditworthiness; preparing financing and legal documents; selling products and services; maintaining rapport with customers.
Duties:

  • * Determines desire/need for automobile financing by interviewing customer; exploring payment options.
  • * Verifies automobile purchase information by reviewing sales contract data; conferring with sales department; making adjustments as needed.
  • * Determines customer creditworthiness by studying customer credit application; obtaining credit reports; analyzing information; comparing customer evaluation to organization standards; searching for lenders in information system; forwarding applications to lenders; conferring with loan underwriters and loan processors; obtaining stipulations when required; approves or rejects loan.
  • * Confirms automobile sales contract information by disclosing data, provisions, finance charges, and interest rates to customer; ensuring understanding of content.
  • * Sells products and services by reviewing desire/need for automobile insurance, credit insurance, extended warranties, anti-theft devices, appearance protection packages, etc.; explaining options, provisions, and premiums.
  • * Maintains dealership reputation by building and maintaining customer rapport; answering questions; providing information; resolving discrepancies and dissatisfactions; maintaining a satisfactory Customer Satisfaction Index; complying with federal, state, and local regulations; helping others comply.
  • * Maintains customer confidence and organization stability by keeping information confidential; helping others comply.


Qualifications:

Minimum of 2+ years in the Automotive Industry as an F&I Manager

Demonstrated Automotive Managerial Skills

Excellent communication and problem solving skills

Strong attention to detail

Excellent follow-through skills

Highly skilled in selling; specifically automotive F&I related products & services

The Company
HQ: Bridgewater, NJ
2,015 Employees
On-site Workplace

What We Do

Open road is the Tri State's largest new and pre-owned vehicle retailer specializing in the nations top automotive brands for the New York-New Jersey Metropolitan Area. Our customers have come to expect a "Five-Star Customer Service Experience"​ for each and every new or pre-owned Open Road vehicle they are looking to lease, purchase, or service.

With over 40 years of automotive experience, our mission is to be the premier automobile retailer in the country, providing the best opportunities for our team members, customers and communities. We understand and acknowledge the importance of our customers, and, in doing so, we strive to develop a highly motivated, world-class workforce that is committed to satisfying their needs.

It is this customer-centric approach, along with our commitment to excellence, that has earned Open Road the ranking of the 15th largest automotive group in the nation by the Automotive News.

Open Road currently owns and operates over twenty five (25) automotive facilities including eighteen (18) dealerships throughout the New York-New Jersey metropolitan area representing Acura, Audi, BMW, Cadillac, Chevrolet, Honda, Mazda, Mercedes-Benz, MINI, Smart, Subaru and Volkswagen.

Open Road's success is the result of many years of hard work, exceptional products, state-of-the-art facilities, professional and award-winning sales teams, and first-class attention to customer service.

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