F&I Manager (Automotive)

Job Description

Job Description

F&I Manager (Automotive)

About the team and position:

MYCAR is looking for an enthusiastic and experienced individual to join our team as Automotive Finance Manager. The Automotive Finance Manager will play a key role in developing and maintaining all aspects of financial analysis related to MYCAR’s vehicle sourcing programs, as well as supporting MYCAR’s relationships with key industry partners. Most importantly, you will see your insights have an immediate, tangible impact every day in a well-funded and rapidly growing company.

What you’ll be doing:

• Finalize new deals by presenting and selling finance products, extended warranties, and related offerings.

• Maximize finance income from every retail transaction.

• Review and verify all deal documentation, including cash, finance, and loan agreements, for accuracy and compliance.

• Ensure all funds are collected and contracts are completed at the time of deal closing.

• Obtain lender approvals for all finance and lease transactions.

• Maintain a strong understanding of lease structures and related processes.

• Support the sales team by securing lender approvals and managing finance applications.

• Stay current on all financing programs, interest rate structures, and incentive options offered by partnered lenders.

• Proactively offer and promote extended service contracts and protection plans to customers.

• Process cancellations for extended warranties, GAP coverage, and other related products as needed.

Qualifications:

• Previous automotive Finance experience.
• Proficient at structuring deals for maximum profitability.
• Well-versed in title laws and the registration process.
• Professional personal appearance and extraordinary verbal/written communication skills.
• Expertise in negotiation and presentation skills.
• Authorized to work in the USA.
• Ability to pass a pre-employment background screening, Motor Vehicle Record check, and drug test.
• Must have a valid driver's license.

What you should have:

• Bachelor’s degree in Mathematics, Engineering, Science, Economics, Statistics, or Finance is required.
• or 5 years of auto finance experience.
• Goal-oriented, enthusiastic, and self-motivated with the ability to interact and communicate with all levels of the organization.
• Knowledge of statistics and regression analysis.
• Introductory programming course completion is preferred.

What does our growth have to do with you?

Only everything. Are you not sure you meet 100% of the qualifications? You should still give it a shot! Research shows that men will apply to a job when only meeting 60% of the requirements, whereas women and members of other systematically marginalized groups typically only apply when they meet every single requirement. At MYCAR, we're builders. We build tools, businesses, and our people. We value diversity in backgrounds and thought, so take a shot and apply! Please highlight some of your accomplishments in your resume and cover letter so we can talk about how you can grow with us.

What we’ll offer in return:

• Full-Time Salary Position with a competitive salary.
• Medical, Dental, and Vision benefits.
• Ongoing paid training.
• 401K with company match.
• A company culture of promotions from within, with a start-up atmosphere allowing for varied and rapid career development.
• A seat in one of the fastest-growing companies in the country.

Other requirements:

To be able to do your job at MYCAR, there are some basic requirements we want to share with you.

• Must be able to read, write, speak and understand English.

Of course, we’ll make any reasonable accommodations for those with disabilities to perform the essential functions of their jobs.

Legal stuff:

Hiring is contingent on passing a complete background check. This role is not eligible for visa sponsorship.

MYCAR is an equal employment opportunity employer. All applicants receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, marital status, national origin, age, mental or physical disability, protected veteran status, genetic information, or any other basis protected by applicable law. MYCAR also prohibits harassment of applicants or employees based on any of these protected categories.

Please note this job description is not designed to contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.