What are the responsibilities and job description for the F&I MANAGER position at RML Auto?
Job Description – Finance Manager
Position Summary
The Finance Manager is responsible for structuring finance deals and producing revenue by selling aftermarket products which could include but not limited to extended service contracts, gap waivers, credit life, disability, tire & wheel and maintenance plans. Responsible for completing all documents related to the sales transaction to ensure proper funding. Responsible for making sure all federal and state laws are followed.
Essential Duties and Responsibilities
Offers all customers 100% of our products 100% of the time utilizing our F&I menu process.
Establishes and maintains a good working relationship with all our lenders and factory sources.
Submits all necessary paperwork in order to secure financing for our customers in a timely manner.
Follows all processes as they relate to handling, securing and safeguarding all documents.
Ensures that a Red Flag check, OFAC and RBPN has been completed.
Fully discloses all products to our customers with the menu style set in place by the dealership.
Ensures that policies in place for credit applications and privacy notices have been followed.
Maintains an accurate account for all products sold.
Pull monthly penetration reports and review with manager.
Responsible for all documents as they relate to a vehicle transaction including all monies due.
Ensure payoffs are accurate to ensure timely processing of titles.
Hits monthly objectives on a consistent basis.
Ensures all vehicles financed have a perfected lien.
Ensures all our customers are signing paperwork with a Sales Manager or Finance.
Office is neat and set up in an organized manner. Office is secured at all times.
Ensures the processing of an 8300 form if applicable.
Follows dress code that is required by dealership.
Follows all federal, state and local laws as well as company policy about safeguarding all information.
Reports on time to work and follows the schedule provided for you. Calls supervisor if he/she cannot be to work on time.
Keeps current with all annual HR training as well as any other training required for this position.
Follows all company policies and procedures. Informs supervisor of any illegal activity.
