F&i Manager
1 month ago
**Automotive F&I Manager - Summary**
The F&I Manager (Finance Manager) structures car deals for clients with average to above credit, in compliance with finance lender guidelines and auto dealership policy, resulting in quick funding, and a high level of customer satisfaction.
**F&I Manager - Essential Duties**
- Knows and implements dealership policies and procedures.
- Maintains a clean and organized office.
- Communicates all problem deals to management immediately.
- Addresses missing stipulations communicated from lender immediately.
- Adheres to a standard of professional ethics and is respectful to customers.
- Knowledgeable in state regulations regarding finance and the Fair Credit Reporting Act.
- Interacts with appropriate departments.
- Train and supervises sales staff of any changes in regulations and the Fair Credit Reporting Act.
- Structures deals in accordance with lender and dealership guidelines.
- Never intentionally misrepresents a deal.
- Books out deals accurately. Never misrepresents equipment.
- Maintains confidentiality of customer information.
- Discloses financial information to customers.
- Sells credit insurance and service contracts.
- Maintains good lender relations.
- Maintains a lender guide of programs currently used and obtains a working knowledge of them.
- Evaluates new lender programs.
- Goes over deals with lenders. Works all deals diligently.
- Maintains current inventory log and makes recommendations to management.
- Helps move old inventory.
- Maintains a call-in log and contracts in transit log (funding package).
- Trains administrative personnel on assembling funding packages.
- Reviews funding packages prior to mailing.
- Shows and demonstrates vehicles when necessary.
- Designs and places advertising for special finance.
- Analyzes credit reports, able to recognize a conventional deal and turns over accordingly.
- Properly cost special finance deals (prepares profit sheets).
- Receipts deposits immediately.
- Other tasks as assigned.
**Marginal Duties**
- Prepares weekly and monthly reports as requested by management.
- **F&I Manager - Education and/or Experience**:
- Recommend two years as an F&I Manager
**F&I Manager - Language Skills**
- Bilingual is a plus
**F&I Manager - Mathematical Skills**
- Excellent math and computer acumen
**Job Types**: Full-time, Permanent
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