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