F & I Representative Job at Ferrari / Maserati of Southern California
MASERATI OF NEWPORT BEACH is seeking an experienced F & I REPRESENTATIVE to be part of our dynamic team!
Job Purpose:
The Finance Representative works with the General Manager to determine which lenders and suppliers of finance products will best be able to meet the criteria set by the dealership. Most of the Finance Representative's job requires interaction with the customer. After establishing a rapport with the customer, the manager reviews the customer’s credit application and credit report and discusses the available finance options to meet their needs. Once the financial arrangements have been finalized, the Finance Representative prepares the delivery documentation, including the preparation of the loan documents, DMV paperwork and other legal forms required by state and federal regulatory bodies.
Duties:
- Offering vehicle financing and insurance 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.
- Seeking new lending institutions and maintaining good working relationships to secure competitive interest rates and financing programs.
- Processing financing and leasing deals accurately and securing approval through financial sources to secure approval and through the proper federal, state and corporate channels.
- Understanding and complying with federal, state and local regulations that affect the new and used-vehicle and finance departments.
- Creating and maintaining a program with the sales department that will ensure all new sales are referred to the F&I department.
- Training and providing the sales team with information on finance and lease programs and the benefits of the dealership's financing and extended service programs.
Skills and Qualifications:
- Knowledge of federal, state, and local laws governing retail auto sales.
- Knowledge of the automotive market and consumer demands.
- Able to negotiate and apply outstanding oral and written communication skills.
- Ability to analyze problems and make decisions with limited supervision.
- Superior customer service skills.
- Skill and proficiency in the use of computer software programs, including database systems, word processing and spreadsheet applications.
- Proven track record of achieving or over-achieving goals
- Professional appearance and work ethic
- Great attitude with a high-energy personality
- Experience using CDK preferred
- 5-years’ experience (minimum) in automotive finance department required
- High School diploma
Benefits:
- Full-Time benefits (after 30-day probationary period) including health care insurance, dental insurance, life insurance, 401k, holiday and vacation pay.
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