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Castle Rock

    F&I Manager - Castle Rock, United States - Foundation Automotive Corp

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    Description

    Job Description

    Job Description

    Foundation Automotive is looking for a Finance and Insurance (F&I) Manager that executes finance and insurance contracting and product sales for the dealership. The F&I Manager is responsible for attaining unit sales objectives and generating additional revenue through F&I products on a consistent basis.

    Essential Duties and Responsibilities

    • Offer and sell finance and insurance products including but not limited to financing, special financing, extended warranties and aftermarket products
    • Attain monthly and annual budgeted product sales, gross profit objectives taking action to meet or exceed department objectives
    • Ensure customer satisfaction throughout the F&I process
    • Adhere to dealership F&I policies and procedures established by the corporate office as well as generally accepted industry principles
    • Compliance with local, state and federal regulations
    • Ensure applicable controls are in place to monitor F&I practices and to safeguard dealership assets and customer data
    • Efficiently transition customers from sales to finance during the vehicle purchase process
    • Determine customer financing needs through consultative analysis
    • Present financing option quotes and products to enhance the customer's ownership experience
    • Stay informed of current product knowledge to effectively recommend financing options and products to customers
    • Establish and maintain key relationships with lenders
    • Process finance transactions, lender approvals, contracts in transit to fulfill the contracting process in a timely and efficient manner
    • Continued focus on achieving and maintaining above average F&I penetration rates for extended warranties, service contracts and additional products
    • Maintain professional personal appearance
    • Adhere to consistent and reliable work schedule
    • Demonstrate ethical business practices and integrity in all interactions to uphold the Foundation Automotive brand
    • Effectively perform duties and responsibilities in a safe manner
    • Other duties as assigned

    Qualifications

    • Experience as a F&I Manager or similar position in a dealership environment
    • Bachelor's Degree in Finance or related, preferred
    • Ability to sell a minimum product quota according to dealership standards
    • Successful completion of pre-employment screening
    • Authorization to work in the USA
    • Valid Driver's license and acceptable driving record


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