Job Title: Subprime Finance Manager - Automotive Overview: As the Subprime Finance Manager at Paragon Auto Mall, you will play a pivotal role in facilitating vehicle financing for customers with credit challenges. Your expertise in subprime financing will contribute to expanding our customer base while ensuring compliance with regulatory standards. Responsibilities: Customer Financing: Specialize in securing financing options for customers with subprime credit, structuring deals to meet both customer needs and dealership goals. Credit Analysis: Assess and analyze customer credit applications, working closely with lenders to secure approvals and favorable terms. Compliance: Stay abreast of financial regulations and ensure all financing activities adhere to legal and ethical standards. Relationship Building: Cultivate relationships with lending institutions to negotiate terms and secure competitive financing options for customers. Sales Collaboration: Collaborate with the sales team to structure deals that maximize profitability while meeting the unique needs of subprime customers. Documentation: Oversee the preparation and accuracy of all financing and legal documents, ensuring a smooth and compliant transaction process. Customer Education: Provide clear and transparent information to customers regarding their financing options, terms, and conditions. Qualifications: Proven experience in automotive finance, with a focus on subprime financing. In-depth knowledge of subprime lending practices and regulations. Strong negotiation and communication skills. Detail-oriented with the ability to manage complex financing transactions. Familiarity with relevant software and systems. Job Types: Full-time, Permanent Pay: From $150,000.00 per year Experience: Car Sales: 1 year (required) Licence/Certification: OMVIC (required) Work Location: In person
Job Title
Subprime Finance Manager