Subprime Finance Manager

6 months ago


Edmonton, Canada Toyota Northwest Edmonton Full time

**Do you thrive in a fast-paced environment and enjoy helping people achieve their dream of car ownership? Are you a credit and finance expert with a passion for the automotive industry? If so, then we want you on our team**

Toyota Northwest Edmonton is seeking a highly motivated and results-oriented Subprime Manager to join our growing Finance Department. In this key role, you will be responsible for overseeing all aspects of subprime lending, ensuring our dealership offers financing solutions to a wider range of customers.

**Responsibilities**:

- Secure financing options for subprime customers through established relationships with lenders and develop new partnerships to expand our network.
- Analyze customer creditworthiness and structure loan packages that are beneficial to both the customer and the dealership.
- Clearly explain financing terms and conditions to subprime customers, fostering trust and transparency throughout the buying process.
- Maintain a deep understanding of subprime lending trends and industry best practices.
- Work collaboratively with the sales team to identify potential subprime customers and ensure a smooth buying experience.
- Oversee daily operations of the subprime finance department, including managing workflow and team performance.
- Set and achieve department goals for loan approvals and profitability.
- Maintain accurate and up-to-date records of all subprime financing transactions.

**Qualifications**:

- Minimum 3 years of experience in subprime auto financing or a related field.
- Proven success in securing loan approvals for subprime customers.
- Strong understanding of credit analysis, loan structuring, and automotive finance regulations.
- Excellent communication, interpersonal, and negotiation skills.
- Ability to multi-task effectively and prioritize in a fast-paced environment.
- Proficient in Microsoft Office Suite and dealership management software (DMS) a plus.

**We Offer**:

- Competitive salary and benefits package.
- Opportunity for professional growth and development within a supportive team environment.
- Fast-paced and dynamic work environment in the exciting automotive industry.
- The satisfaction of helping customers achieve their dream of car ownership.

**Join our team and make a difference**

**Experience**:

- automotive finance: 1 year (preferred)



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