Automotive Financial Services Director
4 weeks ago
Automotive Financial Services Director
About the Role:
We are seeking an experienced Financial Services Director to oversee our prime and non-prime clients and assist in structuring deals in compliance with lender guidelines and dealership policies.
Key Responsibilities:
- Explain and demonstrate financial options to customers
- Deal directly with lenders and financial institutes
- Prepare and document any/all documentation for final delivery
- Meet and excel set sales goals by selling extended products such as protection packages, extended warranties, life and accident/health insurance, and environmental protection packages
- Adhere to a standard of professional ethics and be respectful to customers
- Be knowledgeable of provincial regulations regarding finance and the fair credit reporting act
- Interact with appropriate departments
- Structure deals in accordance with lender and dealership guidelines
- Book out deals accurately
- Never misrepresent equipment
- Perform credit interview, prepare credit application
- Verify accuracy of all information on the credit application and submit to lender
- Maintain confidentiality of customer information
- Sell credit insurance and service contracts
- Maintain good lender relations
- Maintain a lender guide of programs currently in use and obtain a working knowledge of them
- Analyze credit reports, be able to recognize a conventional deal and turn over accordingly
- Maintain dead files for inactive deals
- Overcome objections of prospective customers
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Automotive Financial Services Director
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