Skip to content
Auto Finance Manager
| Company | Murgado Automotive Group |
|---|
| Location | Barrington, IL, USA |
|---|
| Salary | $100000 – $120000 |
|---|
| Type | Full-Time |
|---|
| Degrees | |
|---|
| Experience Level | Mid Level, Senior |
|---|
Requirements
- High school diploma or general education degree (GED) required
- Three or more years of related experience and/or training; or equivalent combination of education and experience
Responsibilities
- Protects gross profit by arranging financing so outside sources do not have an impact on selling margins
- Establishes lender relations that tie the customer closer to the dealership
- Generates additional income through the sales of vehicle service contracts, GAP coverage, and maintenance plans
- Works with Client Advisors to maintain control of all paperwork until it is ready to be turned into the general office
- Responsible for all paperwork involved with the sale of the vehicle, including obtaining customer signatures and securing payoff and insurance information
- Converts cash deals to finance
- Establishes and maintains good working relationships with several finance sources, including the manufacturer
- Processes finance and lease deals accurately and fairly through financial sources to secure approval
- Conducts business in an ethical and professional manner
- Understands how to process all federal, state, and dealer paperwork related to vehicle transactions
- Understands and complies with federal, state, and local regulations that affect the new- and used-vehicle and finance departments
- Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner
- Observes and learns how to check all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting
- Acquires and maintains current state insurance license, completing continuing credit insurance education as needed
- Provides customers with complete explanations of manufacturer and dealership service procedures and policies
- Gets exposure to managing the alternative finance source program to ensure that several sources are available
- Assists with providing sales force and sales managers with current information about finance and lease programs continually
- Trains the sales staff regarding the benefits of financing, insurance and extended service programs
- Works with sales managers and Client Advisors to secure a reasonable profit from every sale
- Required to perform other duties as requested, directed, and assigned
Preferred Qualifications
No preferred qualifications provided.
