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Contract Subprime Auto Finance Jobs (NOW HIRING)

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Contract Subprime Auto Finance information

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How much do contract subprime auto finance jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for contract subprime auto finance in the United States is $18.06, according to ZipRecruiter salary data. Most workers in this role earn between $14.42 and $20.43 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a contract subprime auto finance professional?

To thrive in Contract Subprime Auto Finance, you need a solid understanding of auto lending practices, credit analysis, and risk assessment, typically supported by experience in finance or banking. Familiarity with loan origination systems, credit reporting tools, and compliance regulations is essential. Strong negotiation, communication, and customer service skills help build relationships with clients and dealers while managing challenging credit situations. These skills and qualities are crucial to minimize risk, maintain regulatory compliance, and achieve business goals in the subprime finance sector.

What is the difference between Contract Subprime Auto Finance vs Auto Loan Underwriter?

AspectContract Subprime Auto FinanceAuto Loan Underwriter
CredentialsTypically requires finance or automotive experience, sometimes certifications in financeRequires finance, banking, or credit analysis background, often with underwriting certifications
Work EnvironmentOffice-based, involved in sales, customer service, and loan processingOffice-based, focused on evaluating loan applications and risk assessment
Employer & Industry UsageUsed by auto finance companies, dealerships, and lenders in subprime auto lendingEmployed by banks, credit unions, and auto lenders for loan approval processes

Contract Subprime Auto Finance professionals focus on originating and managing subprime auto loans, often working directly with customers and dealerships. Auto Loan Underwriters evaluate loan applications, assess risk, and approve or deny loans based on creditworthiness. While both roles involve finance and credit analysis, the former emphasizes loan origination in the subprime auto sector, whereas the latter concentrates on risk assessment and approval processes within lending institutions.

What is contract subprime auto finance?

Contract subprime auto finance refers to the practice of providing auto loans to borrowers with lower credit scores or limited credit histories, typically considered 'subprime.' These loans often come with higher interest rates to offset the increased risk to the lender. The 'contract' aspect involves the legal agreement between the borrower and lender outlining the terms of the loan, such as payment schedules, interest rates, and repossession policies. Subprime auto finance contracts are common in dealerships and finance companies specializing in helping individuals who may not qualify for traditional prime auto loans.

What are some common challenges faced by professionals in contract subprime auto finance, and how can they be managed?

Professionals in Contract Subprime Auto Finance often encounter challenges such as assessing higher-risk borrowers, navigating complex regulatory requirements, and managing a high volume of contracts efficiently. To manage these challenges, staying updated on lending regulations, utilizing robust underwriting tools, and maintaining clear communication with both dealers and customers is essential. Additionally, collaborating closely with risk management and collections teams can help mitigate losses and ensure compliance, making the role dynamic and highly collaborative.
What cities are hiring for Contract Subprime Auto Finance jobs? Cities with the most Contract Subprime Auto Finance job openings:
What are the most commonly searched types of Subprime Auto Finance jobs? The most popular types of Subprime Auto Finance jobs are:
What states have the most Contract Subprime Auto Finance jobs? States with the most job openings for Contract Subprime Auto Finance jobs include:

Area Sales Manager - Albuquerque, NM

Lobel Financial Corporation

Albuquerque, NM

Full-time

Re-posted 15 days ago


Job description

Take your career to new heights with Lobel Financial, where your ambition and drive can help shape the future of automotive finance!

Lobel Financial is a trusted leader in the automotive finance sector with over 40 years of experience in full spectrum automotive lending. We are dedicated to partnering with auto dealers to provide auto loans that empower families across the country to achieve their vehicle ownership dreams. By partnering with automotive dealers nationwide, we deliver exceptional service and industry leading auto finance solutions that drive growth and success.


Job Description:

We are on the lookout for highly motivated Area Sales Managers who are eager to take their careers to the next level. In this role, you will be responsible for managing a specific geographic area while fostering strong relationships with automotive dealers and driving substantial sales growth. Your primary objective will be to influence auto dealers to submit retail auto loan applications and ensure they consistently meet Lobel financials' performance standards


Key Responsibility:

  • Consistently Exceed Goals: Develop and implement strategies to not only meet but exceed sales goals within your assigned territory.
  • Foster Mutually Beneficial Partnerships: Build and maintain strong relationships with automotive dealers to enhance collaboration and increase profitability for both companies
  • Prospect New Dealers: Actively seek and onboard new dealerships, expanding Lobel financials' reach and market presence.
  • Influence Outcomes and Drive Service Excellence: Communicate the value of Lobel financials' products and services effectively; providing outstanding support to dealer accounts in your sphere of influence.
  • Plan and Organize: Strategically plan and organize your daily activities to maximize potential selling opportunities and generate revenue for Lobel Financial.
  • Training and Development: Educate assigned dealers on Lobel Financials' program offerings, ensuring they are well-equipped to utilize our platform effectively.
  • Travel Requirements: Embrace the travel aspect of this role and become a road warrior, spending quality time in dealerships and building relationships firsthand.

Qualifications:

  • Proven sales experience, particularly in automotive finance or subprime finance sectors, with a track record of meeting or exceeding sales targets consistently.
  • Bi-lingual English/Spanish preferred
  • Must possess strong relationship-building skills with a dealer-centric approach.
  • Excellent communication, negotiation, and interpersonal skills.
  • Ability to work independently, manage multiple priorities, and thrive in a fast-paced environment.
  • A results-driven mindset with a focus on revenue generation and business growth.
  • Willingness to travel extensively to engage with dealer's clients and prospects alike.
  • Previous experience delivering positive outcomes in subprime auto finance environment.

Why Join Us:

At Lobel Financial, we are committed to fostering a supportive work environment that encourages professional growth and unlimited earning potential. As part of a company with ambitious growth plans and a solid reputation in the automotive finance industry, you will have the opportunity to make a significant impact on our company's growth in your area of responsibility.


About Lobel Financial:

Lobel Financial is a full-spectrum auto financing solution that specializes in the acquisition and servicing of prime to sub-prime motor vehicle retail installment contracts. We are head quartered in Southern California and have a market presence coast-to-coast.

Employees choose Lobel because of the work-life balance, positive company culture, reward system, benefits and flexibility. If you are an employee and you want to work with a company that is consistently growing, offers competitive salaries and benefits, promotes their employees, and provides a stable work environment, then you've found it with Lobel.

Lobel Financial is an equal opportunity employer.