Job Overview
We are seeking an energetic and detail-oriented Auto Sub Prime Manager to lead our subprime auto lending operations. In this pivotal role, you will oversee the management of subprime auto loan portfolios, develop strategies to optimize loan performance, and ensure compliance with all regulatory requirements. Your leadership will drive growth by fostering strong relationships with dealerships, negotiating favorable terms, and delivering exceptional customer service. This position offers a dynamic environment where your expertise in financial services, dealership experience, and sales acumen will directly contribute to the success of our automotive finance division.
Duties
- Lead the evaluation and approval process for subprime auto loan applications, ensuring thorough risk assessment and adherence to credit policies
- Develop and implement strategies to grow the subprime auto lending portfolio while maintaining quality standards
- Negotiate terms and conditions with dealerships and customers to secure mutually beneficial agreements
- Monitor loan performance metrics regularly, identifying trends and implementing corrective actions as needed
- Collaborate with sales teams and dealership partners to enhance customer experience and streamline financing processes
- Conduct detailed financial analysis using math skills to assess borrower creditworthiness and repayment capacity
- Ensure compliance with all applicable federal, state, and local regulations governing auto lending practices
- Provide training and mentorship to team members on deal structuring, customer service excellence, and negotiation techniques
Experience
- Proven experience in financial services, particularly within auto lending or dealership finance operations
- Strong background in deal structuring, negotiation, and customer service within a sales-driven environment
- Demonstrated ability to analyze financial data accurately using math skills to make informed lending decisions
- Prior dealership experience is highly preferred, with a solid understanding of automotive sales processes
- Excellent communication skills with the ability to build rapport with clients, dealerships, and internal teams
- Knowledge of regulatory requirements related to subprime auto loans is essential
- Experience managing a team or leading projects within a fast-paced environment is advantageous
Join us in shaping innovative auto financing solutions! Bring your passion for finance, your negotiation prowess, and your dedication to delivering outstanding customer service. Together, we’ll drive success in the vibrant world of automotive lending!
Pay: $50,987.20-$154,455.54 per year
Work Location: In person
