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.
You can apply if you are:
- a Canadian citizen;
- a permanent resident of Canada
- a temporary resident of Canada with a valid work permit
Do not apply if you are not authorized to work in Canada. The employer will not respond to your application.
Job Types: Full-time, Permanent
Pay: From $150,000.00 per year
Application question(s):
- Are you legally eligible to work in Canada?
Experience:
- Car Sales: 2 years (required)
Licence/Certification:
Work Location: In person
