*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
Pay: From $150,000.00 per year
Schedule:
* 8 hour shift
* Monday to Friday
Experience:
* Car Sales: 1 year (required)
Licence/Certification:
* OMVIC (required)
Work Location: In person
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