Senior Subprime Finance Manager

3 weeks ago


Mississauga, Canada Paragon Auto Mall Full time

Job description

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

Schedule:

  • 8 hour shift
  • Monday to Friday

Education:

  • Bachelor's Degree (preferred)

License/Certification:

  • OMVIC (preferred)

Ability to Commute:

  • Mississauga, ON L5T 1G1 (required)

Work Location: In person

Job Types: Full-time, Permanent

Schedule:

  • 8 hour shift
  • Day shift
  • Monday to Friday
  • Weekends as needed

Supplemental pay types:

  • Commission pay

Work Location: In person

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