Posted 4 months ago
Subprime Finance Manager
@ Favorit Motors
Toronto, Ontario
Overview
Favorit Motors is hiring a Subprime Finance Manager (F&I) to manage the full subprime deal lifecycle, from application to funding. The role involves structuring deals with lenders, presenting financing and aftermarket products, and keeping compliant records. The posting states a $150,000+ earning potential from salary, commission and bonuses, plus flexible hours.
Responsibilities:
- Manage subprime finance deals from application to delivery
- Structure and negotiate deals with lenders and customers
- Present financing, warranty and aftermarket options
- Maintain records in CRM and DealerTrack
- Ensure compliance with OMVIC and Ontario regulations
Requirements summary:
- 1 to 3+ years subprime automotive finance or F&I experience
- Strong knowledge of subprime lenders and funding processes
- Ability to analyze credit reports
- Experience with DealerTrack and CRM systems
- OMVIC licence required or willing to obtain
- Valid driver's licence with clean record
Tools & skills
Source and dates
Employer career site / ATS feed · trakstar
- Employer posting date
- 2026-07-15
- First seen by our source
- 2026-10-11
- Source record updated
- 2026-10-11
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Mid level |
| Department | Finance & accounting |
| Experience | 1+ years |
| Hours per week | 40 (estimated) |
| Travel | air: none · ground: none |
| Work setting | Office, Client sites |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Licences & certifications | OMVIC License |
| Driver’s licence | required |
| Background checks | criminal record |
| Perks mentioned | Flexible hours, Performance bonus, Paid training |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Favorit Motors
Saved company profile
Historical company information from a saved The Jobs API profile (LinkedIn/Crunchbase fields). It is not live-verified; figures may have changed. Missing values remain unknown.
Full company description
The Favorit Motors family has been providing automotive sales and service excellence since 1997. As a trusted and professional dealership proudly serving both North York and the Greater Toronto Area, our sharp and dedicated sales team offers well over 200 years of combined experience. From pre-owned sales to service, Favorit Motors has earned an incredibly transparent reputation from customers and stands behind full lineups of over 120+ quality pre-owned vehicles from the best automakers in the industry. Our core values have always been to deliver exceptional service, build a positive team and family and provide a truly unique experience which will make everyone feel at home.
- LinkedIn followers
- 350
- People associated on LinkedIn
- 26
- Reported office locations
- 100 Toro Road, Toronto, Ontario M3J 2A9, CA
- Other recorded names
- Favorit Motors
- Specialties
- Used Car Financing
- Trade-in Vehicles
- and Mechanical Service
- Profile identifies a recruitment agency
- No
The Favorit Motors family has been providing automotive sales and service excellence since 1997. As a trusted and professional dealership proudly serving both North York and the Greater Toronto Area, our sharp and dedicated sales team offers well over 200 years of combined experience. From pre-owned sales to service, Favorit Motors has earned an incredibly transparent reputation from customers and stands behind…
| Field | Value |
|---|---|
| Industry | Automotive |
| Company size | 11-50 employees |
| Headquarters | Toronto, Ontario |
| Organization type | Privately Held |
| Year founded | 1997 |
| Specialties | Used Car FinancingTrade-in Vehiclesand Mechanical Service |
| Open jobs on Jobsy | 6 |
| View page |
Favorit Motors
Join a High-Growth Automotive Team with Unlimited Earning Potential
Favorit Motors is a family-owned dealership with over 20 years of success in automotive sales, service, and finance. As a pioneer in the subprime automotive space, we are expanding rapidly and looking for a driven, experienced Subprime Finance (F&I) Manager to join our team.
If you are results-driven, customer-focused, and ready to maximize your income, this is your opportunity to grow within a fast-paced, high-reward environment.
What You’ll Do
As a Subprime Finance Manager, you will manage the full deal lifecycle while delivering exceptional customer experiences:
- Handle subprime finance deals from application to approval and delivery
- Communicate with customers via phone, email, text, and in-person consultations
- Assessing customer needs, credit profiles, income, and financial situation
- Structure and negotiating deals with lenders and customers
- Present financing, warranty, and aftermarket product options
- Maintain accurate records using CRM systems and DealerTrack
- Collect and verify documentation to ensure timely funding
- Manage and follow up on warm leads (no cold calling required)
- Ensure full compliance with OMVIC and Ontario regulations
- Build strong relationships with lenders and stay current on programs
What You Bring
- Minimum 1–3+ years’ experience in subprime automotive finance or F&I
- Strong knowledge of subprime lenders, deal structuring, and funding processes
- Ability to analyze and interpret credit reports confidently
- Experience with DealerTrack and CRM systems
- Excellent communication, negotiation, and closing skills
- Strong organizational skills and attention to detail
- OMVIC License (required or willing to obtain)
- Valid driver’s license with clean record
- Ability to pass a criminal background check
- Positive attitude, integrity, and strong work ethic
Compensation & Benefits
- $150,000+ annual earning potential (salary + commission + bonuses)
- High volume of qualified leads provided daily
- Access to prime & subprime lenders
- 150+ vehicles in indoor showroom
- Flexible working hours
- Ongoing training and career development
- Supportive, team-oriented environment
Why Join Favorit Motors?
- Be part of a fast-growing, respected dealership
- Work in a high-energy, entrepreneurial environment
- Build a career with unlimited income potential
- Receive full support to structure and close deals successfully
Apply Today
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Equal Opportunity Employer
Favorit Motors is committed to providing an inclusive and equitable workplace. We welcome applications from all qualified candidates. Only those selected for an interview will be contacted. Favorit Motors used AI system for fair evaluation of candidates.
This is an existing vacancy.
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