F&I Manager – Auto Dealership
Remote
Job Summary:
The Virtual Finance & Insurance (F&l) Manager remotely sells new and used car buyers' financing and insurance programs. Virtual F&I managers also work with automotive financial lenders to give fair interest rates to buyers and programs. As with all positions within dealerships, F&I managers are expected to uphold the highest ethical standards. The F&I manager performs a variety of essential duties, including, but not limited to, the following:
Offering vehicle financing and insurance remotely to customers and providing them with a thorough explanation of aftermarket products and extended warranties and a complete explanation of manufacturer and dealership service procedures and policies.
Processing financed and leased deals accurately, securing approval through financial sources, and ensuring the deals are funded by the lending institution.
Assist customers in choosing the correct protection packages for their vehicle by presenting the menu products and their benefits
Understanding and complying with federal, state, and local regulations that affect the new and used vehicle and finance departments.
Understanding and complying with dealership regulations pertaining to car warranty and rate markups and reductions.
Interact with sales team and sales managers to ensure transactions are completed accurately and to the customer’s satisfaction.
Qualifications & Abilities:
Advanced Sales and Finance Management Experience
F&I Menu Experience
Microsoft Office, Dealership DMS, and menu systems
Excellent Communication Skills
Effective Time Management
Education & Experience:
Bachelor's or Associate’s degree from College or University (Preferred); or
5-10 years of combined auto dealership / vendor experience and/or training; or
Equivalent combination of education and experience.
AFIP Certification (Preferred)