Pay: £ 40k Basic + £45k OTE no car allowance
Hours: Monday - Friday with one Saturday every other week (day off in lieu)
We are seeking an experienced Divisional Business Manager to join our prestigious luxury automotive sales division in Mayfair. Offering a basic salary of £40,000 plus an OTE of £45,000, this is an excellent opportunity to support finance and insurance performance across North London, Central London and Surrey for their Automotive Sales Teams.
As a Divisional Business Manager, you will work closely with Brand Managers, Sales Executives, Fleet and Corporate Sales teams, and senior management to maximise finance and insurance penetration, income and customer satisfaction. The role is contractually based in Mayfair, with regular support provided across three prominent sales locations.
Benefits:
- £40,000 basic salary plus £45,000 OTE
- Monday to Friday working hours, with one Saturday every other week and a day off in lieu
- Opportunity to represent a respected luxury automotive brand
- Responsibility across three prestigious sales showrooms
- Varied role combining finance, insurance and automotive sales support
- Opportunity to influence retail, fleet and corporate sales performance
- Involvement in divisional events and marketing initiatives
- Professional, commercially focused dealership environment
- No car allowance
- Contact every retail customer before vehicle delivery to maximise finance and insurance opportunities
- Provide specialist advice to sales colleagues on finance and insurance products
- Support the complete vehicle sales process, whether or not finance and insurance income is involved
- Ensure suitable customer referrals are made and promptly report any non-referrals to the Sales Manager
- Provide accurate finance and insurance income information for month-end commission payments
- Deliver a knowledgeable, courteous, responsive and efficient service to new and repeat customers
- Obtain accurate customer proposal information and submit it promptly to the relevant finance company
- Prepare and complete finance and insurance documentation accurately and in line with legal and regulatory requirements
- Ensure legally signed documents and complete FCA documentation are in place before vehicle delivery
- Maintain accurate records of all finance and insurance transactions
- Produce regular and ad hoc reports on finance and insurance penetration and income
- Keep up to date with market conditions, competitor activity, interest rates, taxation, legislation and relevant finance and insurance matters
- Provide finance and insurance support to Fleet and Corporate Sales Executives when required
- Support marketing initiatives designed to generate additional finance, insurance and vehicle sales opportunities
- Maintain written confirmation of agreed finance commission and bonuses, ensuring correct month-end allocation
- Provide sales management cover during periods of holiday or sickness, including weekends where required
- Attend and support VIP divisional events, including events outside normal working hours
- Allocate your presence between the three showrooms in line with business requirements and direction from the Brand Director
- Maintain the required standards for demonstrator vehicles
- Identify and escalate any risks that could affect FCA authorisation, compliance or regulatory standards
- Previous experience as a Divisional Business Manager, Business Manager, Transaction Manager or in a comparable automotive finance and insurance role
- Strong knowledge of vehicle finance, insurance products and the automotive retail sales process
- Experience working within FCA-regulated finance and insurance operations
- Thorough understanding of accurate documentation, customer data handling and regulatory compliance
- Ability to support sales colleagues and build effective working relationships across a dealership
- Excellent communication, organisation and customer service skills
- Professional approach reflecting the quality standards associated with a luxury automotive brand
- Commercial awareness and the ability to work towards finance and insurance penetration and income targets
- Flexibility to work across multiple sales locations and attend divisional events when required
- Commitment to treating customers fairly and maintaining high standards of personal compliance and competency
Contact Liam Buffenbarger, Automotive Recruitment Specialist at Perfect Placement covering Mayfair and Greater London, today to discover more about this fantastic opportunity.
Our team of Automotive Recruitment Consultants all share a passion for finding our jobseekers the best jobs in the Automotive Industry. So, if you are looking to improve your career and want to hear about more Motor Trade Jobs in your local area, please contact us today.