Now Hiring - Faraday&Future Inc - Manager, Financial Services & Insurance in Gardena, CA

Full description of the position

The Company: Faraday Future (FF) is a California-based mobility company, leveraging the latest technologies and world's best talent to realize exciting new possibilities in mobility. We're producing user-centric, technology-first vehicles to establish new paradigms in human-vehicle interaction. We're not just seeking to change how our cars work - we're seeking to change the way we drive. At FF, we're creating something new, something connected, and something with a true global impact. Your Role: As the Manager, Financial Services & Insurance, you will collaborate with some of the industry's brightest minds to develop and execute FF's financial services and insurance product portfolio in North America. This role focuses on the launch and management of loan, lease, subscription, and insurance products, as well as navigating and applying for lender licenses. You'll be responsible for developing and negotiating with partners to secure access to white-labeled financial services products. Your key responsibilities will include defining and executing FF's financial services strategy, ensuring seamless integration of online-to-offline retail experiences, and collaborating with internal and external teams. Additionally, you will engage with and manage relationships with industry partners, including negotiating contracts and revenue sharing structures, to support the successful launch and adoption of financial products. This role requires a deep understanding of the financial services landscape, particularly in the automotive industry, and a proven ability to manage complex partnerships and ensure compliance with financial and regulatory requirements. Responsibilities: * Develop and execute financial services and insurance product strategies in North America. * Collaborate with strategic partners to launch loan, lease, subscription, and insurance products. * Manage and execute the application process for necessary lender licenses and ensure compliance with regulatory requirements. * Lead cross-functional teams to advocate for and deliver seamless customer experiences across digital and retail touchpoints. * Negotiate with financial services partners, ensuring contracts and partnerships align with FF's financial goals. * Work closely with partners to ensure timely and efficient go-to-market execution, while balancing market and regulatory conditions. * Develop, track, and report KPIs for financial services and insurance partners. * Cultivate positive relationships with key partners and vendors, ensuring that expectations are met and exceeded. * Provide ongoing strategic recommendations to improve financial services product offerings and customer journeys. Basic Qualifications: * Bachelor's degree or equivalent work experience. * 8+ years of experience in the automotive financial services or insurance industry, with a focus on automotive financing, loan/lease structuring, and lender license applications. * Proven experience and expertise in financial services product offerings, including loan, lease, subscription, and insurance models. * Deep understanding of financial regulations and the ability to navigate the lender licensing process. * Successful track record of managing relationships with external partners and vendors. * Strong negotiation and vendor management skills. * Proven ability to manage multiple, cross-functional teams to achieve organizational goals. * Expertise in U.S. auto finance, including residual value and credit risk management. * Exceptional quantitative and analytical skills. Preferred Qualifications: * Experience managing financial services product development in customer-facing retail operations. * Familiarity with electric vehicle operations and the automotive industry's evolving retail model. * Knowledge of state-of-the-art technologies in retail, such as AR/VR applications. * Ability to develop and track key performance indicators (KPIs) and take action to meet targets. * Experience working with underwriting partners and banks to develop competitive financial products. * Prior involvement with auto finance compliance, underwriting, and residual value strategies. * Strong customer orientation, with experience providing premium customer experiences. * A passion for EV technology and an eagerness to contribute to global change. Annual Salary Range: ($120K - $145K DOE), plus benefits and incentive plans *Perks + Benefits * Healthcare + dental + vision benefits (Free for you/discounted for family) * 401(k) options * Casual dress code + relaxed work environment * Culturally diverse, progressive atmosphere Faraday Future is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.