Automotive Finance Manager

Zeigler Auto Group
Schaumburg, IL Full Time
POSTED ON 4/27/2024 CLOSED ON 5/3/2024

What are the responsibilities and job description for the Automotive Finance Manager position at Zeigler Auto Group?

ABOUT ZEIGLER AUTO GROUP

Zeigler Automotive Group is one of the largest privately-owned dealer groups in the U.S. with 84 franchises across 41 locations in Wisconsin, Illinois, Indiana, and Michigan. Vehicle brands represented include all domestic and most of the imported manufacturers.

Besides its extensive automotive portfolio, the organization owns and operates Zeigler Motorsports, an 85,000-square-foot motorsports dealership and action park, offering 19 different powersports brands, plus its own onsite restaurant: Trak Houz Bar & Grill.

The Kalamazoo-based dealer group also owns and operates Zeigler Pre-Owned of Chicago, three Byrider franchises, three finance companies, several insurance firms, and a leasing firm.

Founded in 1975, the organization employs over 2,500 people, ranking among the top 1% of automotive dealers in the nation with estimated annual sales of $2.3 billion for 2023.

The family-owned and operated company is well known for its commitment to both customer service and employee satisfaction through its world-class culture and training efforts. Zeigler University is an all-encompassing training and development program which supports team members in their career path journey. Zeigler prides itself on promotion from within the organization with its continuous growth pattern!

Zeigler is regularly recognized as one of the Best and Brightest Companies to Work for in the Nation, also earning similar accolades in Wisconsin, Chicago, and Michigan. Besides these prestigious accolades, Zeigler is also one of Glassdoor’s 100 Best Places to Work in the U.S. for 2024, and among Glassdoor’s top 10 U.S. companies for work-life balance.

Finance and Insurance

This role is suited for an outgoing and motivational individual who enjoys a dynamic and fast-paced environment. Finance & Insurance Managers offer vehicle financing and insurance to customers, provide them with a thorough explanation of aftermarket products, extended warranties and a complete explanation of manufacturer and dealership service procedures and policies.

Duties & Responsibilities

  • Seeking new lending institutions and maintaining good working relationships to secure competitive interest rates and financing programs
  • Process financing and leasing deals accurately and securing approval through financial sources to secure approval through the proper federal, state and corporate channels
  • Accurately desk deals, submit deals to lenders for approval, make credit decisions and effectively close deals
  • Understanding and compliance with federal, state and local regulations that affect the new/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 as well as the benefits of the dealership's financing and extended service programs
  • Fully proficient with title laws and registration processes
  • Ensures expeditious funding of all contracts
  • Steady work history and the commitment to building a career
  • Outgoing personality with expertise at developing relationships (i.e., a "people person")
  • Basic MS Office knowledge; computer software and internet proficiency
  • Excellent verbal/written communication, strong negotiation and presentation skills with a professional appearance
  • Must possess the ability to ask for the sale and follow through

Compensation & Benefits

  • Compensation based on experience
  • Automatic 401K
  • Full Benefits Package (waiting period 1st of the month following 50 days

Job Type: Full-time

Pay: $100,000.00 - $240,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Experience:

  • Automotive Finance: 2 years (Preferred)

Ability to Relocate:

  • Schaumburg, IL: Relocate before starting work (Required)

Work Location: In person

Salary : $100,000 - $240,000

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