There are a number of types of finance jobs within the auto industry. Auto manufacturers, for example, have corporate headquarters staffs that typically include a sizable finance department. Auto dealerships employ finance staff who help with the internal running of the business, as well as finance managers who work with customers to approve loans for the purchase of a new or used vehicle. Other companies serve auto dealers and manufacturers, and provide their own finance teams. Here are some techniques for finding a job in auto finance.
Search general job-hunting websites. Many auto companies still use general-interest job posting sites to advertise openings. Well-known employment websites should be your first stop in your job search.
Check niche job posting websites.
- Find jobs in your geographical area. Sites targeted to a particular geographical area will help you find only jobs that are open in your area. Many companies use these sites because they’re cheaper to post on than general-interest sites.
- Find jobs specific to the auto industry. Sites targeted to the auto industry specifically will help you find only positions in your target field. These job-specific websites also will help you gain insight into who is hiring within the industry.
Consider suppliers. Parts manufacturers and wholesalers, tire and accessory manufacturers and retailers, and other auto industry players can be good places to find finance job opportunities. Even larger banks and credit unions are part of the auto industry, since they supply loans to buyers. They often have jobs for people who specialize in auto financing.
Use your network. Tell all of your friends, relatives and associates about your auto industry search. Someone you know may have a connection to a hiring manager looking to fill a finance job.
Connect with auto industry employees. Use social media websites to find people who work for the automotive companies that interest you. Connect with them, and ask for insight as to how to find a job with their company.
Set up an informational interview. Contact someone who is in finance in an auto company in your area. Ask if you can meet with him and learn more about his career path. You’ll gain insight into ways to start your own auto finance career, and you’ll also make a new contact in the industry.
Work in a non-finance job in an auto dealership. Many finance managers worked their way up from other positions within dealerships. A car sales background is especially relevant to the work that auto dealership finance managers do.
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