Finance & Insurance Manager Dealership

Stokes Hodges Ford

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.