Finance & Insurance (F&I) Manager

Douglas VolkswagenSummit, New JerseyOn-siteFull-timeSenior, 5–8 yearsListed 4 hours ago

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About this role

Finance and Insurance (F &I) Manager

We're looking for an experienced and customer-focused F&I Manager to join our dealership team. The ideal candidate has a strong background in automotive finance, excellent communication and compliance skills, and a passion for helping customers find the best financing and protection options for their purchase. Experience in Sub Prime lending and deal structuring is required. VW and Audi experience a plus.

About Us

Douglas Motors Has been serving the community for more then 65 Years in Summit. We are a family owned and operated Auto Group that takes pride in taking care of it's employees

Compensation and Benefits

- Paid Training

- Professional Development

- Health, Dental, & Vision Insurance

- 401(K)

Responsibilities

- Develop a comprehensive menu selling process to maximize the finance departments overall profitability and product penetration

- Track portfolio with lenders

- Review and inspect the flow of the departments paperwork on a daily basis to ensure a timely turn around on all deals

- Ensures all deals are fully compliant with local, state, and federal guidelines

- Demonstrate commitment to supporting the sales department in achieving its goals

- Be an example of professional morals, ethics, and excellent customer service

- Work closely with sales team on enforcement of proper selling methods

- Set and maintain finance department work schedule

Requirements

- Minimum high school diploma or GED equivalent

- Prior automotive experience preferred

- Excellent communication and customer

- service skills

- Professional appearance and work ethic

- Self-motivation

- Knowledge of regulatory and compliance requirements

- Ability to work within a fast paced environment

- Clean driving record & valid drivers license

Douglas Motors is an Equal Opportunity Employer