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Automotive Finance Jobs in Rochester, MI (NOW HIRING)

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Automotive Finance information

See Rochester, MI salary details

$25.8K

$133.1K

$219.1K

How much do automotive finance jobs pay per year?

As of Aug 18, 2026, the average yearly pay for automotive finance in Rochester, MI is $133,142.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,000.00 and $160,200.00 per year, depending on experience, location, and employer.

What is automotive finance?

Automotive finance refers to the various financial products and services that enable individuals or businesses to purchase or lease vehicles. This often includes car loans, leases, and financing plans offered by banks, credit unions, or dealership finance arms. Automotive finance professionals help customers understand their financing options, calculate payments, and complete the necessary paperwork. They also assess creditworthiness and work with lenders to secure approvals. The goal is to make vehicle ownership accessible and manageable for a wide range of customers.

What are the key skills and qualifications needed to thrive in automotive finance, and why are they important?

To thrive in Automotive Finance, strong analytical skills, attention to detail, and a background in finance, accounting, or business are typically required, often supported by a relevant degree. Familiarity with industry-specific software (such as Dealertrack or RouteOne), financial modeling tools, and regulatory compliance systems is essential. Excellent communication, negotiation, and customer service skills help professionals build relationships and facilitate successful financing deals. These competencies ensure accurate financial analysis, regulatory compliance, and customer satisfaction in a highly competitive industry.

What are some common challenges faced in automotive finance roles, and how can I prepare for them?

Professionals in automotive finance often encounter challenges such as navigating complex loan approval processes, staying updated with changing lending regulations, and effectively communicating financing options to customers with varying credit profiles. To prepare, it's helpful to develop strong analytical skills, stay informed about industry trends, and build solid relationships with both lenders and customers. Additionally, being proactive in learning dealership software and compliance procedures can make the transition into the role smoother and set you up for long-term success.

What is the difference between Automotive Finance vs Automotive Sales?

AspectAutomotive FinanceAutomotive Sales
Required CredentialsHigh school diploma; some roles may require finance or banking certificationsHigh school diploma; sales experience often preferred
Work EnvironmentOffice setting, dealership finance departmentsShowroom, dealership floor, customer-facing
Employer & Industry UsageFinancial institutions, dealerships, banksCar dealerships, retail automotive industry
Common Search & ComparisonAutomotive Finance vs Automotive Sales

Automotive finance professionals focus on securing loans and financing options for customers, working behind the scenes in finance departments. In contrast, automotive sales staff interact directly with customers to sell vehicles. Both roles are essential in the automotive industry but differ in responsibilities, work environment, and skill sets.

What job categories do people searching Automotive Finance jobs in Rochester, MI look for?

The top searched job categories for Automotive Finance jobs in Rochester, MI are:

What cities near Rochester, MI are hiring for Automotive Finance jobs?

Cities near Rochester, MI with the most Automotive Finance job openings:

Infographic showing various Automotive Finance job openings in Rochester, MI as of August 2026, with employment types broken down into 90% Full Time, 8% Part Time, and 2% Contract. Highlights an 79% Physical, 8% Hybrid, and 13% Remote job distribution, with an average salary of $133,142 per year, or $64 per hour.

Automotive Finance Manager

EasyCare

Sterling Heights, MI • On-site

Full-time

Re-posted 2 days ago


Job description


Automotive Finance and Insurance Manager / F&I Manager
***Minimum 1 year of experience preferred.***
We are currently seeking a qualified Automotive Finance &Insurance (F&I) Manager to be a part of our amazing team. This is an incredible opportunity for an experienced professional whois excited by automotive F&I, with a strong focus on compliancerequirements and product knowledge. We need a leader who cantrain bright new talent and who is passionate about delivering thebest customer service.
Job Responsibilities
  • Contract new business, sell F&I products and close deals
  • Generate finance income on all sold customers
  • Check/verify paperwork involved with cash, finance or loan transactions
  • Contract or collect all money at closing
  • Seek bank approval on financed and leased deals
  • Maintain a working knowledge of leases
  • Assist in acquiring approval from lenders
  • Understand all programs and rate options offered by our lenders
  • Solicit extended warranty sales
  • Handle all cancellations for extended service contracts, GAPpolicies, etc.

Requirements
  • A minimum of 1-year F&I experience is preferred

Benefits
  • We offer a competitive compensation and benefits package.
  • Compensation is based on performance and is competitive withthe retail automotive market.

Our company maintains a strong policy of equal employment opportunity for all associates.We hire, train, promote and compensate associates on the basis of personal and professional competence and potential for advancement without regard for race, color, religion, sex, national origin, age, marital status, disability or citizenship, as well as other classifications protected by applicable federal, state or local laws.