Finance Department Director
Lithia All American Chevrolet Of Odessa
Odessa, Texas, United States
Train and manage Finance Managers within the department.Ensure legal compliance in accordance with the dealership, financial institutions, and government standards and regulations.Set department sales goals and minimum standards of performance. Manage and perform monthly department audits for quality control and compliance.Ensure the profitability of department and individual Finance Managers.Offering vehicle financing and insurance to customers and providing them with a… Show more Train and manage Finance Managers within the department.Ensure legal compliance in accordance with the dealership, financial institutions, and government standards and regulations.Set department sales goals and minimum standards of performance. Manage and perform monthly department audits for quality control and compliance.Ensure the profitability of department and individual Finance Managers.Offering vehicle financing and insurance to customers and providing them with a thorough explanation of aftermarket products and extended warranties and a complete explanation of manufacturer and dealership service procedures and policies.Seeking new lending institutions and maintaining good working relationships to secure competitive interest rates and financing programs.Processing financing and leasing deals accurately and securing approval through financial sources to secure approval and through the proper federal, state and corporate channels.Understanding and complying with federal, state and local regulations that affect the new and used-vehicle and finance departments.Creating and maintaining a program with the sales department that will ensure all new sales are referred to the F&I department.Training and providing the sales team with information on finance and lease programs and the benefits of the dealership’s financing and extended service programs. Show less