Finance & Insurance Manager

Company:  US Auto Trust LLC
Location: Newport Beach
Closing Date: 23/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
US Auto Trust is one of California's fastest growing automotive groups. We are proud to have a stable of legendary brands such as Aston Martin, Land Rover, Jaguar, Hyundai, Genesis, and Cadillac.
Our Dealership, Jaguar Land Rover Newport Beach, is seeking a results-driven, customer-focused Finance & Insurance Manager to join our team.
The F&I 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.
Compensation: Our commission-based pay structure allows an earning potential of $14,4060 - $19,774/month.
Responsibilities:
  • Knows and implements dealership policies and procedures.
  • 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.
  • Knowledge of state regulations regarding finance and the Fair Credit Reporting Act.
  • Train and supervise sales staff regarding any changes in regulations and the Fair Credit Reporting Act.
  • Structures deals in accordance with lender and dealership guidelines while never intentionally misrepresenting a deal.
  • Performs credit interview, prepares credit application, and verifies accuracy of all material information on the credit application and submits to lender.
  • Maintains confidentiality of customer information making sure to disclose financial information to customers.
  • Analyzes credit reports, able to recognize a conventional deal and turns over accordingly.
  • Sells credit insurance and service contracts.
  • Maintains good lender relations while maintaining a lender guide of programs currently used and obtains a working knowledge of them.
  • Evaluates new lender programs, goes over deals with lenders, and works diligently on all deals.
  • Maintains current inventory log, move old inventory and makes recommendations to management.
  • 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.
  • Properly cost special finance deals (prepares profit sheets) and receipts deposits immediately.
  • Other tasks as assigned.
Education & Experience:
  • High school diploma or equivalent required; bachelor's degree in related field preferred
  • At least three years' experience as an automotive F&I Manager
  • Excellent communication (written, verbal, interpersonal)
  • Excellent math and computer acumen
  • Ability to set and achieve targeted goals
  • Organization and follow-up skills
  • Proficient in Microsoft applications
  • Valid driver's license and have and maintain an acceptable, safe driving record
  • Bilingual is a plus
  • AFIP certification a plus
What We Offer:
  • Comprehensive benefits program, including health care options (medical, dental and vision) and 401k savings with company match.
  • Training, resources and opportunities for career growth and advancement, tailored to individual performance, experience and interests.
  • Values-driven culture built on integrity, professionalism, excellence and teamwork

We are a Drug Free, Tobacco Free, Non-Smoking (including e-cigarettes) company and Equal Opportunity Employer (EOE).
Apply Now
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