Group F&I Compliance Manager

Vacancy - Group F&I Compliance Manager - Manchester

• A fantastic opportunity has arisen, if you're 'Top of your game' with F&I and looking for your next exciting challenge, then read on.
• Group F&I Compliance Manager vacancy.
• Working with the No1 motor trade employer in the North West
• Prestigious group and premium brands

Salary:

£45k - £50k

Our client, the best motor trade employer in the North West, is looking to recruit an experienced Group F&I Compliance Manager

As a Group F&I Compliance Manager, you will be responsible for ensuring that our automotive finance operations comply with all relevant regulations and internal policies. You will play a critical role in mitigating risks associated with finance operations, maintaining regulatory compliance, and upholding the highest standards of ethics and integrity within the organization.

Responsibilities:

• Regulatory Compliance: Ensure that all automotive finance activities comply with federal, state, and local regulations, as well as industry standards and best practices.
• Policy Development: Develop and implement finance policies and procedures to ensure compliance with regulatory requirements and company standards.
• Risk Assessment: Conduct regular risk assessments to identify potential compliance issues and develop strategies to mitigate them.
• Training and Education: Provide training to finance department staff on compliance policies, procedures, and regulatory requirements.
• Monitoring and Auditing: Establish monitoring and auditing processes to assess compliance with finance regulations and internal policies and take corrective action as necessary.
• Documentation and Reporting: Maintain accurate records of compliance activities, prepare reports for management and regulatory agencies, and ensure timely submission of required documentation.
• Collaboration: Work closely with other departments, including legal, risk management, and operations, to address compliance issues and develop effective solutions.
• Stay Updated: Stay abreast of changes in automotive finance regulations, industry trends, and emerging risks, and update policies and procedures accordingly.
• Investigations: Conduct internal investigations into compliance breaches, allegations of misconduct, or other related matters, and recommend appropriate actions.
• Ethical Standards: Promote a culture of ethical behaviour and integrity within the finance department and across the organization.

Qualifications:

• Minimum of 5 years of experience in automotive finance, compliance, or a related field, with a strong understanding of finance regulations and industry best practices.
• Excellent knowledge of relevant laws and regulations, such as the Truth in Lending Act (TILA), Fair Credit Reporting Act (FCRA), and Consumer Financial Protection Bureau (CFPB) regulations.
• Strong analytical skills, attention to detail, and problem-solving abilities.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with colleagues at all levels of the organization.
• Proven ability to manage multiple projects simultaneously and meet deadlines in a fast-paced environment.
• Sound judgment and decision-making skills, with a commitment to upholding ethical standards and integrity.

Our client offers excellent working facilities with a competitive salary, together with a host of other employee benefits including:

• Up to 27 days holidays (based on length of service), plus 8 bank holidays.
• Pension scheme
• Private health care
• Life assurance cover
• Employee reward & recognition schemes
• Annual children's Christmas party & staff party
• Staff discounts
• Subsidised prestige car scheme for employees
• Onsite parking

Working hours/days:

Monday to Friday 8:30am - 6pm

Plus company car

Who are you applying to?
The Solution Automotive Recruitment have been placing candidates into the UK Motor Trade since 1999. We have a fantastic relationship with all our clients and candidates across the country, many very long standing relationships. If you are skilled and experienced Automotive candidate, we want to hear from you and rest assured, you'll be dealing with a person, not just a consultant! Unfortunately due to the volume of applications we get, we can only respond to the candidates who match the criteria set for this vacancy. We will retain your CV on our database and make contact as and when suitable vacancies arise. We will NEVER send your CV anywhere without your permission.
Key positons; Sales Executive, Sales Manager, Business Manager, Service Advisor, Parts Advisor, Technician, Mechanic, Master Technician, Workshop Controller, Service Manager, After Sales Manager, Dealer Principal, General Manager.