At a Glance
- Tasks: Help customers find the perfect finance package and support sales teams.
- Company: Join Octane Recruitment, a leading agency in the automotive and engineering sectors.
- Benefits: Enjoy excellent bonuses, career progression, and a company pension.
- Why this job: Boost your earning potential while working in a dynamic, high-performing team.
- Qualifications: Sales experience in motor finance or a similar regulated environment is essential.
- Other info: Be the go-to finance expert and build strong relationships with lenders.
The predicted salary is between 26000 - 39000 Β£ per year.
An exciting opportunity has arisen for a Business Manager to join our busy CPU department. We are now looking for an experienced Motor Finance Specialist to join our high-performing team in Hinckley. If youβre confident with funding solutions, well-versed in F&I regulations, and ready to increase your earning potential, this role is for you.
Business Manager Benefits:
- Excellent Bonus opportunities
- Career progression and development opportunities
- Company Pension
- Long service recognition and loyalty incentives
Business Manager Role:
- Aiding the customers in finding the right finance package to suit their needs
- Working closely with the Car sales executives and Sales Managers
- Showing a strong F&I knowledge to aid the department
- Selling finance, insurance products and additional products
- Working within the FCA regulations and company guidelines
- Matching customers' needs to the relevant finance sources
Business Manager Requirements:
- Proven sales experience within motor finance or similar regulated environment
- A track record of hitting F&I targets and converting leads
- Excellent communication skills and a professional, consultative phone manner
- Ability to quickly build trust and rapport with customers
- Business Manager or Sales Manager experience is highly desirable
- Strong knowledge of financial products and FCA regulation
- Acting as a finance expert in the sales process, supporting customers in securing the right funding solutions
- Managing a pipeline of finance leads and working alongside sales and specialist teams
- Building strong relationships with a panel of lenders and maintaining up-to-date knowledge of their policies and systems
- Advising on finance products and opportunities
- Helping to drive F&I performance and maximise income across the business
- Being the go-to person for all motor finance queries
Business Manager employer: Octane Recruitment
Contact Detail:
Octane Recruitment Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Business Manager
β¨Tip Number 1
Familiarise yourself with the latest FCA regulations and motor finance products. This knowledge will not only boost your confidence during interviews but also demonstrate your commitment to staying updated in a fast-paced industry.
β¨Tip Number 2
Network with professionals in the automotive finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at StudySmarter.
β¨Tip Number 3
Prepare to discuss your previous sales experiences in detail, especially any achievements related to hitting F&I targets. Be ready to share specific examples that highlight your ability to build trust and rapport with customers.
β¨Tip Number 4
Research StudySmarter's values and culture. Understanding what we stand for will help you align your answers during the interview, showing that you're not just a fit for the role, but also for our team.
We think you need these skills to ace Business Manager
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in motor finance or similar regulated environments. Emphasise your sales achievements and any specific F&I targets you've met.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your strong communication skills and ability to build trust with customers, as these are key for the Business Manager position.
Highlight Relevant Skills: In your application, clearly outline your knowledge of financial products and FCA regulations. Provide examples of how you've successfully managed finance leads and supported customers in securing funding solutions.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which is crucial in this role.
How to prepare for a job interview at Octane Recruitment
β¨Showcase Your F&I Knowledge
Make sure to brush up on your finance and insurance (F&I) knowledge before the interview. Be prepared to discuss specific products and regulations, as this role requires a strong understanding of funding solutions and FCA guidelines.
β¨Demonstrate Your Sales Experience
Highlight your proven sales experience in motor finance or similar regulated environments. Prepare examples of how you've successfully hit targets and converted leads in previous roles to showcase your ability to drive performance.
β¨Build Rapport with Interviewers
During the interview, focus on building trust and rapport with your interviewers. Use a professional and consultative phone manner, and be personable to demonstrate your excellent communication skills, which are crucial for this role.
β¨Prepare Questions About the Role
Have insightful questions ready about the Business Manager role and the company culture. This shows your genuine interest in the position and helps you assess if it's the right fit for you, while also demonstrating your proactive approach.