Our client is looking for an F&I Manager for a Prestigious Motor Dealership in Umhlanga

Please note that preference will be given to (AA) Employment Equity candidates in line with the Companies transformation targets.

Duties & Responsibilities
• Selling of Value Added Products (VAPS)
• Loading of deals
• Applications for client
• Collecting FICA
• Verifying client &income
• Calculating average income
• Motivating deals for approval
• Relaying outcomes from the banks to the customer and sales executive
• Negotiating rate approval
• Drawing up contracts
• Making sure all docs are prepared correct and timeously
• Keen understanding of documentation of various banks i.e. Wesbank, Standard Bank, ABSA, Nedbank (MFC) and African Bank
• Signing up bank contracts and explaining bank docs, FAIS & FICA compliant
• Selling shortfall insurance and ensure correct loading of policies with underwriters i.e. Credit life & Top-up
• Arranging client’s vehicle insurance
• Increase the second gross to increase APU
• Paying out deals - obtain remittances timeously to decrease cash outstanding & maintain company cash flow
• Archiving deal with relevant banks
• Submitting original files and NATIS to relevant banks to eliminate risk
• Swing pre-approved finance to in-house to generate DIC
• Maintain market share with joint ventures
• Attending to debtors

Desired Experience & Qualification
• Matric
• RE 5
• Drivers License
• Own NCA Card & Accreditation
• Full FETC Insurance Qualification Fais Credits - 140
• Previous F&I experience is required

Package & Remuneration
Basic + car + fuel + comm + medical aid + pension fund

Please note that should you not hear from us within 7 business days please consider your application to be unsuccessful.