Subprime Business Manager
6 days ago
Subprime Business Manager
Location: Calgary, AB
Reporting to: GM/Subprime Director
Compensation: Starting at $90K/yearly + opportunity for monthly commission & bonuses
**Subprime Business Manager**
**Description**:
Reporting to the General Manager/Subprime Director, the Subprime Manager is responsible for being proactive in finding business for the dealership. You will produce additional revenue for the dealership by selling financial and insurance programs (extended warranties, financing and credit life, accident and health insurance plans) to new and used vehicle customers. This role requires integrity, professionalism, confidence, strong decision making ability, drive and a desire to excel.
**Responsibilities**:
- Establish finance forecasting in combination with sales forecasting to achieve desired percentage of penetration and income
- Manage all rate quotations, insurance fees and financing, respond to post-delivery customer inquiries (such as warranty and loan payouts)
- Forward documents to obtain approval on financing to the appropriate sources, and prepare appropriate delivery and submit paperwork for outside sources
- Develop incentives for salespeople to sell insurance and financing in accordance with dealership policies
- Educate salespeople in effective practices and procedures of selling financing
**Requirements**:
- 2-3 years of auto sales, finance and insurance experience
- Confidence, self-motivation, enthusiasm, drive
**Compensation and Benefits;**
- In addition to competitive pay, we offer our employees;_
- Group Health after 90 days
- Dental
- Life and Disability Insurance
- Paid vacation
- Employee Vehicle Purchase Program
- Company pension plan
- Professional work environment, with job training and advancement opportunities
INDCVO
**Job Types**: Full-time, Permanent
Pay: From $90,000.00 per year
**Benefits**:
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- Paid time off
- Store discount
- Vision care
**Education**:
- Secondary School (required)
**Experience**:
- automotive finance: 2 years (required)
Licence/Certification:
- Driving Licence (required)
Work Location: In person
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