Subprime Finance Manager

  • Abbotsford
  • Trotman Auto Group
About The RoleThe Subprime Finance Manager is responsible for providing financial services to clients that require alternate solutions to credit. They do so by verifying sales information, determining need for financing, evaluating customer credit eligibility, preparing, and financing legal documents, selling products and services, and maintaining rapport with customers. Schedule: Full-time Compensation - $70,000 - $120,000/year (Based on Commission)What We Offer:Extended Health CareDentalRRSPEmployee Assistance ProgramPaid time off, etc.Who You Are:Minimum 1 year experience in an Automotive Prime or Non-Prime Financial Services roleA proven track record of success within a Financial Services roleAutomotive Sales experience is an assetExcellent interpersonal and relationship-building skillsStrong communication skillsExcellent customer service skills with the desire to exceed expectationsAbility to effectively respond to and meet the needs of a diverse client baseComputer Skills - MS Office applications, Outlook, Dealer Socket What Your Day Will Look Like:Offering vehicle financing and insurance to clients and providing them with a thorough explanation of aftermarket products, extended warranties and additional accessories and a complete explanation of dealership service procedures and policies.Complete Sales Process with clients from Prospecting, Sales Process, Financial Services and DeliveryCompile lists of prospective customers for use as sales leadsThoroughly disclose all financial and product information pertaining to the client's agreementReceive and receipt client deposits/partial paymentsResearching vehicle liens on vehicles being traded in by clientsOrganize and complete vehicle lien pay-outs for vehicles being traded inAccurately produce, print and package the necessary documents for vehicle delivery (I.e. bill of sale, conditional sales agreement, vehicle extended service plan, insurance verification form, life/disability certificate, vehicle protection certificates, waivers etc.)Seek new lending institutions and maintain a good working relationship to secure competitive interest rates and financing programs.Process financing and leasing deals accurately and securing approval through financial sources and through the federal and provincial regulations that affect the new and used vehicle finance department Preparing policy remittances/sales reports to the appropriate finance office suppliers and Dealer PrincipalAssist Sales & Lease Consultants to close sales either on the showroom floor or finance officeTrain and provide the sales team with information on finance and lease programs and the benefits of the dealership’s finance and extended service programs.Remain abreast on all product knowledge, finance options, promotions, value-add products/services, servicing plans, and industry trends.