F&I MANAGER (FINANCE & INSURANCE)

We are currently seeking a success driven and highly motivated F&I Finance Manager at our Scott Mazda dealership in Allentown, PA. We offer an aggressive pay plan, excellent benefit package and a work environment to succeed.

JOB DESCRIPTION:

Purpose: To determine which lenders and finance products will best be able to meet the needs of customers.

Daily Functions:

• Obtain Financing
• Reviews the customer’s credit application for accuracy
• Runs Credit
• Analyzes customers’ credit report and discusses the available finance options to meet their needs.
• Submit application to financial institute for approval
• Collect any lender stipulations needed for financing
• Follow up on deal being funded in a timely manner
• Customer Questionnaire
• Initial T.O. with customer to verify accurate information
• Designed to develop appropriate menu options
• Menu Presentation
• Build menu according to Questionnaire and customers’ needs and wants
• Present menu to customer
• Protection products available to them, such as extended warranties, total loss protections, road hazard coverages and appearance protection kits.
• Rates and terms available
• Payment options
• Prepare Paperwork

a. Loan documentation required by lender
b. DMV paperwork and other legal forms required by state and federal regulatory bodies

c. Additional Scott Cars Inc. delivery documentation

• Review Paperwork with Customer
• Disclose paperwork to customer
• Obtain customer signatures on appropriate documentation
• Collect any funds due
• Compliance
• Responsible for disclosing to the customer all aspects of the sale, including finance charges and interest rates
• Responsible for following all legal and Scott Cars Inc. laws and regulations
• Customer Satisfaction
• Maintain a high Customer Satisfaction Index (CSI) with the dealership’s customers
• Communication
• Communicate with salespeople regarding their deals
• Communicate with sales manager regarding their deals
• Communicate with office staff regarding deals and paperwork
• Communicate with financial institutions about rates and programs
• Communicate to Finance Director about all deals

Please refer the Job description for details