Automotive Finance Director
Job Description
Lead the dealership’s automotive financing operations, strengthen compliant loan processing, and help customers understand their options clearly.
Responsibilities
- Direct the automotive financing department, overseeing loan processing, credit analysis, and transaction structuring to support profitability.
- Provide transparent guidance to customers on available financing options, supporting a positive customer experience.
- Upsell appropriate insurance products when relevant, while maintaining clear communication with customers.
- Manage the end-to-end loan approval process, including TILA (Truth in Lending Act) compliance, title processing, and contract management.
- Partner with sales teams to support smooth deal negotiations, balancing customer satisfaction with adherence to automotive sales industry regulations.
- Use industry-standard financial software such as Reynolds to process loans efficiently and maintain accurate transaction records.
- Ensure compliance with financial regulatory requirements tied to loans, including credit analysis standards and legal documentation procedures.
- Deliver ongoing staff training focused on loan regulations, industry compliance, and customer service best practices to maintain dealership standards.
- Track industry trends and regulatory changes affecting automotive financing and adjust dealership policies proactively.
Requirements
- Proven experience in automotive finance management or experience as a loan officer in a dealership or financial services environment.
- Strong working knowledge of automotive sales industry regulations, including TILA, title processing, and financial compliance standards.
- Ability to support deal negotiation, structure complex transactions, and upsell insurance products appropriately.
- Excellent customer relationship management skills, with an emphasis on communication and service excellence.
- Proficiency with financial software such as CDK or equivalent dealership management systems.
- Basic math skills with 10-key typing proficiency for accurate data entry and calculations.
- Familiarity with credit analysis procedures, loan processing workflows, and legal contract documentation.
- Automotive financing regulatory knowledge and dealership experience are highly preferred.
Technologies
- Reynolds
- CDK
Benefits
- 401(k)
- Dental insurance
- Employee discount
- Health insurance
- Paid time off
- Vision insurance
Location: Searcy, AR (onsite)
Salary: USD 80,000 - 250,000 per yearly