Automotive F&I Manager | Lewis Ford, Fayetteville, Arkansas

Automotive Finance and Insurance Manager Position Available in Fayetteville, Arkansas at Lewis Ford Dealership

Lewis Ford
Fayetteville, Arkansas

At Lewis Automotive Group, we’re committed to fostering an exceptional work environment for our employees, recognizing them as our most valuable asset. Our team’s dedication over the years has earned us a host of awards and exclusive accolades. If you’re seeking a role with significant career advancement potential at a company that values its team, come join us and contribute to our growth!

The Finance & Insurance Manager structures automobile transactions for clients with average to above-average credit, adhering to lender guidelines and dealership policies, ensuring expedient funding and high customer satisfaction.

F&I Manager – Duties

  • Understands and enforces dealership policies and procedures.
  • Keeps the office tidy and well-organized.
  • Promptly reports any problematic transactions to management.
  • Immediately addresses any missing stipulations indicated by the lender.
  • Upholds a standard of professional ethics and shows respect to customers.
  • Is well-versed in state finance regulations and the Fair Credit Reporting Act.
  • Engages with relevant departments effectively.
  • Trains and informs sales staff about changes in regulations and the Fair Credit Reporting Act.
  • Aligns deal structures with the guidelines of both lender and dealership.
  • Commits to honest representation of all deals.
  • Ensures deals are booked out accurately and equipment is never misrepresented.
  • Conducts credit interviews and prepares credit applications.
  • Confirms the accuracy of all essential information on the credit application before submission to the lender.
  • Guarantees the confidentiality of customer information.
  • Transparently discloses financial information to customers.
  • Offers credit insurance and service contracts for sale.
  • Cultivates positive relationships with lenders.
  • Keeps an updated lender guide of current programs and gains a thorough understanding of them.
  • Assesses new lending programs.
  • Reviews deals with lenders and diligently works through all transactions.
  • Keeps an up-to-date inventory log and advises management accordingly.
  • Assists in the sale of aging inventory.
  • Keeps accurate records of calls and contracts in transit (funding package).
  • Educates administrative staff on compiling funding packages.
  • Inspects funding packages for completeness before dispatch.
  • Assists in vehicle demonstrations when needed.
  • Creates and manages advertisements for special finance opportunities.
  • Evaluates credit reports, identifies conventional deals, and escalates them as needed.
  • Calculates the costs for special finance deals accurately (prepares profit sheets).
  • Processes deposit receipts without delay.
  • Performs additional duties as required.

Education and Experience

  • Recommended qualifications include two years of experience as an F&I Manager and bilingual proficiency.
  • Candidates should also possess excellent mathematical and computer skills.

Benefits:

  • Health Insurance
  • Supplemental benefits such as short term and long-term disability and life insurance
  • 401 (K) with match
  • Paid Vacation
  • Fun company events!

***YOUR INCOME RANGE MAY VARY BASED ON YOUR EXPERIENCE***

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  • Company
    Auto Jobs
  • Location
    Fayetteville, Arkansas
  • Posted
    1 month ago
  • Category
    Sales / Management
  • Region
    South Central