Automotive Subprime Finance Manager

A leading domestic, 3-brand, Auto Dealer in Ohio needs a Subprime Finance Manager to further develop our subprime finance department. The successful candidate will be a self-starter with a proven track record.

We believe culture makes a difference and we strive to build lasting relationships with our employees, customers, and community. We value our employees and invest in their success.

We offer:

• Generous pay plan.
• Healthcare, Dental and Vision insurance options
• 401(k)
• Automobile purchase program
• No Sunday's and 1 day off per week
• Fast-paced work environment

Responsibilities - Subprime Finance Manager:

• Develop and implement strategies to manage subprime finance portfolios
• Arrange for various financing avenues and present customers with aftermarket products.
• Structure deals for maximum profitability, making credit decisions and effectively
  closing deals
• Analyze and assess credit applications for subprime customers
• Work with sales teams to identify and target subprime customers
• Develop and maintain relationships with lending institutions
• Monitor and report on portfolio performance and identify areas for improvement
• Ensure compliance with all applicable regulations and policies
• Provide training and guidance to team members on subprime finance practices
• Collaborate with other departments, such as underwriting and collections, to ensure efficient and effective processes for subprime customers
• Explain all aspects of a customer's purchase and options ensuring 100% satisfaction
• Process loan/titling and miscellaneous documents efficiently
• Develop and maintain great lender relationships
• Engage in business development to encourage referrals and repeat business
• Meet dealership sales goals
• Maintain high Customer Satisfaction Index scores
  

Qualifications - Subprime Finance Manager:

• At least 5 years of subprime management experience is required
• Must be a self-starter with a proven track record
• Experience with registrations, tag, tax, and title paperwork.
• Understand and comply with federal/state/local regulations which affect the new/used vehicle purchase and finance department
• Strong understanding of credit analysis, risk management, and financial modeling
• Ability to develop and maintain relationships with subprime lenders and dealerships
• Ability to work collaboratively with other departments, including sales and underwriting
• Professional appearance, exceptional verbal and written communication skills and strong attention to detail.
• Please upload your resume. Completing the online assessment will grant you priority consideration.
• Must be authorized to work in the U.S. without sponsorship and be a current resident.
• Must pass pre-employment testing to include background checks, MVR, and drug screening.

We are an Equal Opportunity Employer.
All qualified applicants are considered regardless of ethnicity, nationality, gender, veteran or disability status, religion, age, gender orientation or other protected status.