Finance Manager
Tom's Ford · Keyport, NJ · 1 mo ago
FinanceFull-time
Responsibilities
- Present financing and insurance options to customers after the sale, including extended warranties, GAP insurance, and other F&I products
- Structure deals and submit applications to a variety of lenders to secure financing approval and the best possible rates and terms
- Maintain all finance and insurance paperwork to be complete, accurate, and compliant with federal, state, and dealership regulations
- Maintain and grow relationships with banks, credit unions, and other lending institutions
- Work closely with the sales team to ensure a smooth handoff from sale to finance
- Met or exceed monthly F&I product penetration and profit goals
- Stay current on lending guidelines, compliance requirements, and industry regulations (Truth in Lending, GLBA, Red Flags Rule, etc.)
- Maintain accurate records and reporting for all finance transactions
Qualifications
- 2+ years of experience as an F&I Manager or Finance Manager in an automotive dealership
- Strong knowledge of lending practices, deal structuring, and F&I products
- Proven track record of meeting sales and profit targets
- Excellent communication and customer service skills
- Valid driver's license and clean driving record
- High school diploma required; college degree preferred
- Ability to work in a fast-paced, deadline-driven environment
- Good with technology
- Excellent appearance, verbal/written communication, strong presentation skills
- Outgoing personality with expertise at developing relationships (i.e., a “people person")
Benefits
- Competitive base salary plus commission/bonus structure
- This Position May Be Eligible for Medical/Dental/Vision Insurance, Life Insurance, 401k and Ancillary Insurance
- Depending upon the Terms of Each Plan
- 401(k) with company match
- Paid time off
- Employee vehicle purchase discounts
- Opportunities for career growth within the dealership
- Life Insurance, company paid
- Collaborative, Team Environment