Finance and Insurance (F&I)/ Manager

Lewis Automotive Group is focused on creating an amazing work environment for our employees because we realize that they are our greatest asset! Over the years our employees have helped us become the proud recipients of a range of awards and exclusive benchmarks.  If you are looking for an opportunity with excellent career growth while working for a company that is dedicated to their employees, then join our team and help us grow to the next level!

Job brief

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.
• Performs credit interview, prepares credit application.
• Verifies accuracy of all material information on the credit application and submits to lender.
• 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.

Education and Experience

• Recommend 2 years as an F&I Manager experience
• Bilingual is a preferred qualification
• Excellent math and computer acumen

Benefits We Offer:

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