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Automotive Finance Manager

salary Salary :

$90,000 - 125,000 yearly

icon briefcase Job Type : Full Time

Number of Applicants

 : 

000+

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Job Description - Automotive Finance Manager

Automotive
Finance & Insurance (F&I) Manager


Mechanicsville
Honda


Job
Type:
Full -time


Category: Automotive Sales / Management


Job
Description

We
are seeking an experienced, high -energy, and ethical Automotive Finance &
Insurance (F&I) Manager to join our leadership team. In this role, you will
be responsible for managing the financial transactions of our vehicle sales,
securing competitive financing and leasing options for our guests, and offering
extended service contracts and ancillary protection products.

The
ideal candidate will possess a deep understanding of dealership financial
operations, maintain strong relationships with primary and secondary lending
institutions, and demonstrate an unwavering commitment to federal, state, and
local compliance.  Having sales manager
desking experience is a plus but not required.

 

Key
Responsibilities

  • Financial
    Services & Product Presentation:
    Assist guests in securing financing or
    leasing programs; present a comprehensive menu of F&I products including
    extended service contracts, GAP protection, road hazard, and environmental
    packages.

  • Lender
    Relations:
    Maintain and expand excellent working relationships with
    manufacturer captive lenders, national banks, local credit unions, and subprime
    lending institutions to secure optimal deal structures.

  • Deal
    Structuring & Funding:
    Review and structure deals for maximum profitability
    and compliance; ensure all legal contracts and loan securements are completed
    accurately and submitted for rapid funding.

  • Compliance
    Management:
    Maintain strict adherence to all consumer financial protection
    regulations, including Red Flags, Safeguards Rule, OFAC, Truth in Lending, and
    fair lending practices.

  • Collaboration: Partner closely with Sales Managers and the sales consulting team to seamlessly
    transition guests from the showroom floor to the finance office, maintaining a
    high level of customer satisfaction.



Requirements

Qualifications
& Requirements

  • Experience: Minimum of 2–3 years of proven experience as an Automotive F&I Manager is
    preferred.

  • Systems
    Proficiency:
    Strong working knowledge of dealership management systems (DMS)
    such as CDK, or Dealertrack, along with menu selling platforms (e.g., eLead,
    Darwin, or DocuPAD).

  • Track
    Record:
    Demonstrated ability to meet or exceed targeted benchmarks in PVR (Per
    Vehicle Retail) and product penetration while maintaining strong CSI (Customer
    Satisfaction Index) scores.

  • Skills: Exceptional communication, negotiation, and closing skills. Extreme attention
    to detail regarding legal documentation and compliance.

  • Education/Background: High school diploma or equivalent required (College degree preferred). Must be
    able to pass a background check, credit check, and drug screening.



Benefits

What
We Offer

  • Competitive
    commission -based pay plan with performance bonuses (Expected earnings: [$90,000
    - $125,000 / year)

  • Comprehensive
    benefits package including Medical, Dental, and Vision insurance.

  • 401(k)
    retirement plan with company match.

  • Paid
    time off and vacation leave.

  • Opportunities
    for career advancement within our growing dealer group.



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