Experienced Automotive Finance Producer

Hickory, NC Full Time
POSTED ON 5/14/2024

Experienced Automotive Finance Producer

Job Highlights

Qualifications

  • Minimum high school diploma or GED equivalent
  • Prior automotive finance department experience
  • Excellent communication and customer service skills
  • Professional appearance and work ethic
  • Self-motivation
  • Knowledge of regulatory and compliance requirements
  • Ability to work within a fast-paced environment
  • Clean driving record & valid driver’s license

Responsibilities

  • All the while you must "Act With Integrity" in every interaction with clients, lenders, vendors, and teammates
  • Follow a comprehensive menu selling process to maximize the finance department’s overall profitability and product penetration
  • Maintain and/or exceed specific PRU and Product Penetration objectives while maintaining deal count
  • Ensure clean deals are created and sent to lenders in a timely manner to expedite funding within set period
  • Review and inspect the flow of the department’s paperwork on a daily basis to ensure a timely turnaround on all deals
  • Ensure all deals are fully compliant with local, state, and federal guidelines
  • Demonstrate commitment to supporting the sales department in achieving its goals
  • Be an example of professional morals, ethics, and excellent customer service
  • Work closely with sales team on enforcement of proper selling methods
  • Follow finance department work schedule

Benefits

  • Competitive Pay
  • Health Insurance
  • Paid Vacation Time

Full Job Description:

A Finance and Insurance (F&I) Producer is responsible for helping customers finance their vehicle purchase by working with lending agencies; they are also responsible for having a deep understanding of aftermarket options and vehicle service contracts that can be purchased with the vehicle being sold. They are also responsible to collect any and all cash down amounts and secure within company safes.

To be a productive teammate here you must "Pay Attention To The Details" and Deliver Results". All the while you must "Act With Integrity" in every interaction with clients, lenders, vendors, and teammates.

Finance and Insurance (F&I) Producer Compensation and Available Benefits:

  • Competitive Pay
  • Health Insurance
  • Paid Vacation Time

Finance and Insurance (F&I) Producer Responsibilities:

  • Follow a comprehensive menu selling process to maximize the finance department’s overall profitability and product penetration
  • Maintain and/or exceed specific PRU and Product Penetration objectives while maintaining deal count
  • Ensure clean deals are created and sent to lenders in a timely manner to expedite funding within set period
  • Review and inspect the flow of the department’s paperwork on a daily basis to ensure a timely turnaround on all deals
  • Ensure all deals are fully compliant with local, state, and federal guidelines
  • Demonstrate commitment to supporting the sales department in achieving its goals
  • Be an example of professional morals, ethics, and excellent customer service
  • Work closely with sales team on enforcement of proper selling methods
  • Follow finance department work schedule

Finance and Insurance (F&I) Producer Requirements:

  • Minimum high school diploma or GED equivalent
  • Prior automotive finance department experience
  • Excellent communication and customer service skills
  • Professional appearance and work ethic
  • Self-motivation
  • Knowledge of regulatory and compliance requirements
  • Ability to work within a fast-paced environment
  • Clean driving record & valid driver’s license

Jim Armstrong Subaru, Inc. is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

Job Type: Full-time

Pay: $50,000.00 - $70,000.00 per year

Benefits:

  • Dental insurance
  • Employee discount
  • Health insurance
  • Paid time off
  • Paid training
  • Vision insurance

Schedule:

  • 8 hour shift
  • Every weekend
  • Monday to Friday

Supplemental pay types:

  • Yearly bonus

Experience:

  • Dealership experience: 1 year (Required)
  • Automotive Finance: 1 year (Required)

Ability to Commute:

  • Hickory, NC 28602 (Required)

Ability to Relocate:

  • Hickory, NC 28602: Relocate before starting work (Required)

Work Location: In person

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