Our client is looking for an F&I Manager for their Dealership in Klerksdorp
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