Automotive Finance Manager Job Description

Automotive Finance Manager Job Description

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Automotive finance manager provides support to the business lines (Retail Loans, Automotive Finance & Indirect Lending, Branch Customer Experience and Small Business), as required;.

Automotive Finance Manager Duties & Responsibilities

To write an effective automotive finance manager job description, begin by listing detailed duties, responsibilities and expectations. We have included automotive finance manager job description templates that you can modify and use.

Sample responsibilities for this position include:

Ensures all Automotive products and initiatives are in compliance with industry and bank policies and regulations through collaboration with Automotive Teams, Compliance, Legal and Group Risk Management
Responsible for dynamic pricing management for the Automotive retail and commercial products and recommending market leading pricing strategies
Manage appropriate ROI and related financial analysis of products
Support the development of new policies and identifies potential risks in new products/projects implemented by the business
Maintains a incident database for any policy or compliance breaches and provides regular updates to the Automotive SMT and bank Compliance Team
Provides guidance (or investigates with Law and Compliance Team) any interpretation of any policies or regulations for Automotive Finance and ensures they take a consistent approach to managing and mitigating any business risks
The designate Privacy / AML Officer for Automotive Finance
Responsible for the design and dynamic management of pricing strategies for the Automotive Retail and Commercial portfolios, recommending innovative and profitable strategies to senior management
Evaluates internal controls and risk procedures, and ensures they have kept pace with the latest developments in the business and are documented appropriately
Ensures business adheres to all bank-wide policies

Automotive Finance Manager Qualifications

Qualifications for a job description may include education, certification, and experience.

Education for Automotive Finance Manager

Typically a job would require a certain level of education.

Employers hiring for the automotive finance manager job most commonly would prefer for their future employee to have a relevant degree such as Collage and Bachelor's Degree in Finance, Business, Economics, Business/Administration, Marketing, Education, Marketing/Management, Graduate, Management, Business School

Skills for Automotive Finance Manager

Desired skills for automotive finance manager include:

Dealership finance and insurance procedures
Excel
MS Word
Lotus notes and other commercial systems and platforms
PowerPoint
Their geographic marketplace competitive positioning within the assigned area
Business valuations
Customer profitability model
Relationship building and teamwork skills
Bank’s commercial lending and deposit products and services

Desired experience for automotive finance manager includes:

Ensures the business is informed of any regulatory updates and that any necessary policy changes are implemented accordingly
Ability to think creatively and effectively communicate ideas
Understanding of bank policies, systems and processes
Strong analytical skills and achievement motivated
Ability to work collaboratively across the organization and balance business needs with the need to mitigate organizational risk
Leadership by example in teamwork, cross-unit co-operation, information sharing

Automotive Finance Manager Examples

1

Automotive Finance Manager Job Description

Job Description Example
Our growing company is looking for an automotive finance manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for automotive finance manager
  • Spearhead the segmentation, organization and classification of automotive audience and segments to inform and drive digital marketing efforts forward
  • Analyzing market trends, and competitive pricing to ensure product competitiveness
  • Collaborates with Retail, Commercial and Product Development teams to assess market trending, pricing impacts and market opportunities
  • Perform industry, competitive, internal, gap and capability assessments
  • Develop recommendations for strategic opportunities
  • Manage the strategic road map
  • Support the Business Portfolio Review and annual Risk Assessment processes
  • Develop and deliver presentations and communications
  • Leverages data and product analytics to develop, enhance, and support pricing
  • Provide consistent service to achieve business Client Service Commitments (CSC’s)
Qualifications for automotive finance manager
  • Professional presentation and behaviors are required at all times
  • Capacity to conceptualize changes in market conditions and leverage innovative thinking to capitalize on strategic opportunities
  • Strong customer insight and ability to influence in order to have a specific impact
  • Strong analytical skills, and highly achievement motivated
  • Understanding of product polices, pricing and systems
  • Be effective and equally conversant in business and technical environments
2

Automotive Finance Manager Job Description

Job Description Example
Our growing company is looking to fill the role of automotive finance manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for automotive finance manager
  • Lead Coaching Routines and reinforce the “client first” principles
  • Apply problem resolution tracking and reporting mechanisms to assess and resolve client issues
  • Take action to continuously improve end to end sales and service quality and employee capability
  • Encourage employees to generate ideas for process improvement and efficiency
  • Reduce revenue leakage and promote opportunity spotting initiatives
  • Apply employee and client feedback to improve resource allocation, training and processes
  • Be the Subject Matter Expert and recommend solutions to reduce errors and service gaps
  • Manage operational risk and credit risk for the team
  • Apply your change management skills to communicate and help the team adapt to changes
  • Exercise good judgment to balance shareholder risk and client experience
Qualifications for automotive finance manager
  • Solid working experience with internal and external dashboards and reports
  • Knowledge of statistical analysis and reporting procedures
  • Strong analytical skills with the ability to understand and solve complex problems
  • Communication, negotiation and facilitation skills
  • Well-developed leadership and relationship competencies (ability to lead internal, cross-enterprise, and external teams)
  • Ability to implement initiatives on time, on budget, and in-scope
3

Automotive Finance Manager Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of automotive finance manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for automotive finance manager
  • Accountable for quality and accuracy of day to day activities, ensuring efficiency and effectiveness
  • Engage the team, lead performance and support employee development
  • Participate in coaching and learning opportunities to improve individual and team contribution
  • Reinforce the importance of change and support employees through proactive communication, issue resolution, and effective decision-making
  • Address missing stipulations communicated from lender immediately
  • Adhere to a standard of professional ethics and be respectful to customers
  • Be knowledgeable of state regulations regarding finance and the fair credit reporting act
  • Train and supervise sales staff
  • Structure deals in accordance with lender and dealership guidelines
  • Perform credit interview, prepare credit application
Qualifications for automotive finance manager
  • Personal Lending Qualified (CSC UDL) SBB
  • In-depth Knowledge of Personal Lending Products & Services
  • In-depth Knowledge of CSC Products & Processes
  • In-depth Knowledge of CSC related systems and reports
  • Accounting Designation (CMA, CGA, CA, CFA)
  • 7+ years related work experience working in a pricing environment, with strong Excel and exceptional data management skills
4

Automotive Finance Manager Job Description

Job Description Example
Our growing company is looking to fill the role of automotive finance manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for automotive finance manager
  • Sell credit insurance and service contracts
  • Maintain good lender relations
  • Design and place advertising for special finance
  • Analyze credit reports, be able to recognize a conventional deal and turn over accordingly
  • Execute digital marketing campaigns and track, measure and monitor the end-to-end sales journey, performance, digital marketing activity and the impact to drive optimization, ensuring compliance and partner agreements are maintained
  • Ensure that all digital marketing reflect best practices and are in compliance with enterprise-wide risk management policies working with the Bank’s Legal and Compliance teams as required
  • Develop analytics monitoring and reporting by producing performance reports/dashboards for key stakeholders, ensure accuracy of data and that shifts in performance are highlighted and explained
  • Work to strategically influence and align key internal and external stakeholders including OEM’s, vendors including agencies and key OEM stakeholders
  • Demonstrate a strong understanding of executing campaigns leveraging first, second and third party data with proven success
  • Act as finance business partner for Customer Business Unit (CBU) leaders
Qualifications for automotive finance manager
  • Strategic mindset and vision of the future and ability to analyse trends and execute on ideas
  • Strong customer insight and ability to influence decisions
  • Superior analytical skills and highly achievement motivated
  • The incumbent requires an understanding of Dealer Finance in Canada and a thorough knowledge of their geographic marketplace competitive positioning within the assigned area
  • Excellent communication and interpersonal skills are essential to this position to ensure a high level of relationship management is maintained
  • 2+ years of creating information technology solutions for automotive finance is required
5

Automotive Finance Manager Job Description

Job Description Example
Our company is growing rapidly and is hiring for an automotive finance manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for automotive finance manager
  • To work with commercial teams in Automotive to develop the route to market and market equation proposition including all customer contact and loyalty instruments
  • To work with Head of Finance to maintain the Automotive Risk Dashboard and to work with all functions to develop mitigating actions required at each milestone
  • Complete month-end, forecast and budget procedures
  • Prepare EMEA input for global financial statements
  • Ensure sound control environment in line with policies
  • Further develop together with OE EMEA Finance Director financial procedures and working instructions
  • Support new business quote activities
  • Manage financial requirements of processes for customer programs
  • Review customer programs financials
  • Identify pricing opportunities
Qualifications for automotive finance manager
  • Minimum of 6 years of experience in successfully shaping and delivering Finance Transformations at large international companies
  • Solid experience in shaping and implementing solutions including robotics, intelligent automation and analytics
  • Must have 2 years Prior experience in a dealership F&I Department
  • You will have extensive travel required throughout the province of Ontario
  • Solid understanding of Data Management Platforms (DMP) preferable BlueKai
  • Fundamental platform understanding or familiarity

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