Auto Dealership Finance Contractor

Stanley Ford McGregor is seeking Finance Contractors to Join our Winning Team!

Opportunity for Growth and Advancement!

Finance Contractor Job Requirements

• 2 or more years of Automotive Dealership Finance Experience similar experience Preferred
• Detail Oriented
• Computer Proficient
• Must have valid Drivers License and Pass Motor Vehicle Record check
• Must pass background and drug test
• Must be able to work in a highly ethical environment and adhere to all policies including product mark-up caps.

Finance Contractors will enjoy the following benefits

• $80,000+ Annual Earning Potential
• Affordable Employer sponsored Healthcare benefits (Medical, Dental, & Vision)
• Paid Time Off Earn up to 19 paid days off per year
• 401k Participation
• Company Paid Life and Long-Term Disability Insurance
• Vehicle Purchasing Discounts
• Career Development / Growth Opportunities
• Community / Family Oriented Work Environment

Finance Contractor Job Summary

The Finance Contractor is directly responsible for the professional presentation and sale of Finance and Insurance products designed to protect our customers' automotive purchases.

Other goals and responsibilities will include but are not limited to : ensuring all products are offered to customers 100% of the time, manufacturer rebates are correct, submitted and promptly funded, and contracts are correct, routed to accounting in a timely fashion, and funded expeditiously.

Finance Manager will ensure every deal is handled ethically.

Consistently achieves a Success Index (product penetrations) of 330 or better and a PRU after chargebacks of $1,550

Finance Contractor Essential Duties

• 100% presentation of products utilizing Stanley Menu
• Successfully sells a full line of backend products achieving penetration and per copy targets
• Minimizes chargebacks by ensuring customers understand product values and charging appropriate mark-up.
• Customer signature of menu items purchased and declined is required in all deal jackets
• Works with variable department management to maximize volume and gross
• Completes all paperwork accurately and routes to ensure quick funding
• Reviews all deals for accuracy, i.e. finance reserve, taxes, registration fees, manufacturer rebates, and any other special programs
• Ensures all 100% adherence to all compliance policies and laws (Red Flag, Risk Based Disclosure Notices, Adverse Action Notices , FTC Safeguard Rules)
• Assists in mentoring and training Sales Team

Product Presentation / Disclosure

• 100% Turnover to F&I
• 100% Customer Interview / 100% Product Presentation
• Menu or Disclosure with Customer Acceptance / Rejection of Product(s)

Legal Compliance :

Understand and comply with all Federal Regulations including but not limited to :

• Signed credit applications on all potential buyers regardless of sale
• Privacy notices
• Risk Based Pricing Notice
• Red Flag / OFAC
• Adverse Action Letters
• Safeguarding Customer Data

Personal Accountability

• Professional appearance
• Reliable
• Punctual
• Teamwork

Physical Demands

• Sitting for long periods of time.
• May require lifting up to 25 lbs.

Disclaimer : This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.