F&i Business Manager
3 days ago
The key role provides support to the Dealership Network by offering an efficient service to customers and the dealership through vehicle finance and the sale of value added products.
This function also entails maximizing gross profit while ensuring that all training, fit and proper, honesty and integrity requirements of the Financial Sector Conduct Authority (FSCA) are upheld.
Responsibilities will include:
- The achievement of agreed performance targets according to budget and sales targets in a high-volume dealership
- Maximizing Second Gross Profit
- Executing work in line with governance and compliance processes.
- Ensuring that the dealership remains compliant in accordance with legislation requirements.
- Recording and reporting on transactional activities to provide timely and accurate information for decision making in the area of accountability.
- Conducting financial needs analysis providing associated sales of value added finance and insurance products.
- Managing and maintaining the finance and insurance debtors book and effectively managing the applicable administration and other related processes.
- Providing operational support related to finance and insurance activities and initiatives to contribute to the overall growth and profitability of the dealership.
- Inform and educate customers on finance and insurance products.
- Knowledgeable of the NCA, CRA, FAIS and FICA Acts
Qualifications and Experience:
- 3 Years experience in a similar role with a customer services focus within the Automotive Retail Industry or Asset Finance Environment.
- Grade 12 with a relevant Diploma
- FETC (NQF 4) Retail Insurance Qualification with a minimum of 120 credits
- In addition, an acquired Regulatory Exam Certificate and NCA Accreditation
- To date knowledge of vehicle legislation, trade practices, dealership policies and procedure
- Understanding compliance governing the automotive retail industry
- Accredited and mandated to perform finance and insurance duties
- Continuous Professional Development (CPD) Points must be up to date within the stipulated time frames
- Valid Code 08 Drivers License
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