F&I Manager - Vernon Ford
@ Sonic AutomotiveF&I Manager - Vernon Ford
About the job
Vernon Ford, part of Fortune 500 Sonic Automotive, is a large auto dealer group. We seek an experienced F&I Manager to maximize dealership revenue through finance product sales, customer service, and compliance.
Requirements
- 3+ years automotive finance experience
- Proven sales and closing skills
- Knowledge of finance laws and compliance
- Strong negotiation skills
- Authorized to work in the USA
Qualifications
- Automotive finance and insurance expertise
- Excellent communication skills
- Ability to pass background checks
- Valid driver license
Full job description
Vernon FordSonic Automotive is a multi-billion dollar Fortune 500 company and one of the largest automotive dealer groups in the country with 100+ dealerships nationwide across 25 brands.
Annual Salary Range:
$100k-$200k Depending on Performance
Compensation Draw / Uncapped Commission
The F&I Manager responsible for helping customers secure financing while maximizing dealership revenue through the sale of finance products, warranties, and other add-ons.
**Minimum of 3+ years of experience in automotive finance and insurance (F&I) management.**
Duties & Responsibilities:
- Present financing options and aftermarket products to customers in a clear and transparent manner.
- Structure deals for maximum profitability while ensuring compliance with all regulatory guidelines.
- Sell finance and insurance products, extended warranties, maintenance plans, GAP insurance, and more to increase PVR.
- Secure financing through lender partners, submit credit applications, and gain approvals efficiently.
- Maintain high closing ratios and consistent PVR performance.
- Accurately complete all required paperwork and ensure timely funding of deals.
- Maintain detailed knowledge of manufacturer programs, rebates, and lender guidelines.
- Provide exceptional customer service and follow-up to build long-term relationships and referrals.
- Collaborate with the sales team to ensure seamless delivery and a positive customer experience.
- Stay up-to-date with compliance standards, including state, federal, and dealership policies.
- Minimum of 3+ years of experience in automotive finance and insurance (F&I) management.
- Proven track record of exceeding PVR goals and product penetration benchmarks.
- Strong understanding of finance laws, contracts, and compliance regulations.
- Excellent communication, negotiation, and presentation skills.
- All applicants must be authorized to work in the USA.
- All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, and have a valid driver license.
Schedule:
- FULL TIME
- Sundays Always Off
- Saturday Availability Required
Perks & Benefits:
- Medical, Dental & Vision Insurance
- 401(k) with Company Match
- Paid Time Off that Grows with You
- Sundays Always Off
- Closed on Thanksgiving & Christmas
- Employee Pricing on Purchases & Leases
- Free & Discounted Gym Membership Options
- Exclusive Travel Deals on Hotels, Rentals & Airfare
- Career Growth in a Fortune 500 Company
All your information will be kept confidential in accordance with EEO guidelines
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