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Auto Finance Manager Jobs in Elgin, IL (NOW HIRING)

Ray Auto Group

Automotive Finance Manager

Fox Lake, IL · On-site

Ray Auto Group, a leading Northern Illinois Auto Group, is searching for an experienced F&I Manager ... We do require previous New Car Dealer Finance Manager experience. * Competitive Pay plan * Demo ...

Ray Auto Group

Automotive Finance Manager

Fox Lake, IL · On-site

Ray Auto Group, a leading Northern Illinois Auto Group, is searching for an experienced F&I Manager ... We do require previous New Car Dealer Finance Manager experience. * Competitive Pay plan * Demo ...

Ray Auto Group

Automotive Finance Manager

Fox Lake, IL · On-site

Ray Auto Group, a leading Northern Illinois Auto Group, is searching for an experienced F&I Manager ... We do require previous New Car Dealer Finance Manager experience. * Competitive Pay plan * Demo ...

CFS

Finance Manager

Des Plaines, IL · On-site

Finance Manager $120,000 - $140,000 Our client is seeking a Finance Manager to join its growing corporate finance team. This newly created position offers significant visibility across the ...

Autohaus on Edens

Finance Manager

Northbrook, IL

$120K - $175K/yr

Finance Manager (F&I Manager) Location: AutoHaus on Edens Mercedes-Benz - Northbrook, IL Job Type: Full-Time Compensation: $120,000-$175,000+ per year (Based on Experience) Drive Excellence. Deliver ...

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All JobsAuto Finance JobsAuto Finance Manager JobsAuto Finance Manager Jobs in Elgin, IL

Auto Finance Manager information

See Elgin, IL salary details

$27.7K

$143K

$235.3K

How much do auto finance manager jobs pay per year?

As of Aug 23, 2026, the average yearly pay for auto finance manager in Elgin, IL is $142,986.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,300.00 and $172,000.00 per year, depending on experience, location, and employer.

What does an auto finance manager do?

An Auto Finance Manager works at car dealerships or automotive finance companies to help customers secure loans or leases for vehicle purchases. They review credit applications, explain financing options, negotiate terms, and ensure all paperwork complies with legal and company standards. Additionally, they collaborate with banks and lenders to obtain the best rates for customers and may also offer add-on products like extended warranties. Their role is crucial in facilitating sales while ensuring customer satisfaction and regulatory compliance.

What are the key skills and qualifications needed to thrive as an auto finance manager?

To thrive as an Auto Finance Manager, you need a strong background in finance, sales, and regulatory compliance, typically supported by a degree in finance, business, or a related field. Proficiency with dealership management systems (DMS), loan origination software, and knowledge of lending regulations and F&I certifications are commonly required. Excellent negotiation, customer service, and communication skills set top performers apart in this role. These abilities are crucial for maximizing dealership profitability, ensuring compliance, and building customer trust throughout the auto financing process.

How does an auto finance manager typically collaborate with sales teams to secure financing for customers?

An Auto Finance Manager works closely with the sales team to review customer credit applications, discuss financing options, and ensure that each deal meets both customer needs and dealership policies. They often participate in sales meetings, provide real-time guidance on credit approvals, and negotiate terms with banks or lending institutions. Effective communication and teamwork are essential, as the Finance Manager helps streamline the process from sale to delivery, ensuring customer satisfaction and compliance with all regulations.

What is the difference between Auto Finance Manager vs Auto Loan Specialist?

AspectAuto Finance ManagerAuto Loan Specialist
CredentialsTypically requires a bachelor's degree in finance, business, or related field; certifications like NADA or automotive finance courses are common.Often requires a high school diploma or associate degree; certifications are less common but may include finance or sales training.
Work EnvironmentWorks primarily in dealerships or finance companies, overseeing finance operations and team management.Primarily works in dealerships, assisting customers with loan applications and explaining financing options.
Employer & Industry UsageUsed in automotive dealerships, finance companies, and banks involved in vehicle financing.Commonly employed in car dealerships, focusing on customer interactions and loan processing.

The Auto Finance Manager oversees the entire financing department, manages teams, and develops financing strategies, while the Auto Loan Specialist focuses on assisting customers with loan applications and explaining financing options. Both roles are essential in the automotive finance industry but differ in scope and responsibilities.

What are popular job titles related to Auto Finance Manager jobs in Elgin, IL?

For Auto Finance Manager jobs in Elgin, IL, the most frequently searched job titles are:

What job categories do people searching Auto Finance Manager jobs in Elgin, IL look for?

The top searched job categories for Auto Finance Manager jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Auto Finance Manager jobs?

Cities near Elgin, IL with the most Auto Finance Manager job openings:

Auto Finance Manager jobs near you
Infographic showing various Auto Finance Manager job openings in Elgin, IL as of August 2026, with employment types broken down into 84% Full Time, 15% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $142,986 per year, or $68.7 per hour.

Automotive Finance Manager

Ray Auto Group

Fox Lake, IL • On-site

Full-time

Medical, Dental, Vision, Retirement

Re-posted 14 days ago

Job description

Ray Auto Group, a leading Northern Illinois Auto Group, is searching for an experienced F&I Manager. Applicant must have a proven track record and references.    Excellent pay plan and benefit package.  Please send your resume in confidence for consideration.   We do require previous New Car Dealer Finance Manager experience. 

  • Competitive Pay plan
  • Demo vehicle / demo allowance 
  • 401(k) match
  • Health, Dental, Vision benefits

Apply