Geared toward candidates comfortable with managing finance and insurance products and building relationships with lenders.
Derived from job-description analysis by Serendipath's career intelligence engine.
Original posting from Murgado Automotive Group via Lever
Finance Manager (F&I) – Acura Highland Park
Full-time | Highland Park, IL | Murgado Automotive Group
About Us
Acura Highland Park is part of Murgado Automotive Group, one of the best automotive groups in the country. Our team is what makes our dealerships best in class. When you join us, you become part of a friendly, tight-knit family that cares about your goals and ambitions. We promote only from within, so the opportunity for growth is endless.
About the Role
As Finance Manager, you will work with and support our Client Advisors as they present, sell, and complete the sale of finance, insurance, and warranty products to clients purchasing a vehicle.
What You'll Do
Protect gross profit by arranging financing so outside sources do not impact selling margins
Build and maintain strong relationships with lenders and finance sources, including the manufacturer
Generate additional income through vehicle service contracts, GAP coverage, and maintenance plans
Convert cash deals to finance and process finance and lease deals accurately and fairly to secure approval
Manage all paperwork for each vehicle sale, including customer signatures, payoff and insurance information, and title, lien, and tax review before forwarding to accounting
Complete federal, state, and dealer paperwork in a timely and efficient manner
Work with Client Advisors and sales managers to secure a reasonable profit from every sale
Train and update the sales team on finance and lease programs and the benefits of financing, insurance, and extended service programs
Manage the alternative finance source program so several sources are always available
Explain manufacturer and dealership service procedures and policies to customers
Maintain a current state insurance license and complete continuing credit insurance education as needed
Comply with federal, state, and local regulations affecting new- and used-vehicle sales and finance, and conduct business ethically and professionally
Perform other duties as requested, directed, and assigned
Qualifications
High school diploma or GED required
Three or more years of related experience and/or training, or an equivalent combination of education and experience
Current state insurance license (or ability to obtain and maintain one)
Ready to Join Our Team?
Apply today through Indeed and take the next step in your finance career with Acura Highland Park. If you want a team that invests in your growth and promotes from within, we want to hear from you.
Compensation:
Salary is an estimate based on experience and and performance. No cap on commissions.
Murgado Automotive Group is an equal opportunity employer. Murgado Automotive Group does not discriminate in employment on account of race/ethnicity, color, religion, national origin, gender, sexual orientation/transgender status, age disability, martial/parental status, citizenship status, military status, political affiliation and/or beliefs, pregnancy, order of protection status or other non-merit status.
We are an employer who participates in the E-verify program with the Department of Homeland and Security.