At a Glance
- Tasks: Acquire and manage introducers, ensuring smooth onboarding and performance management.
- Company: Join Blue, a leading company in the motor finance sector with a dynamic team.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Field-based role with travel; training and development opportunities available.
- Why this job: Make a real impact by driving value for partners and enhancing business relationships.
- Qualifications: Experience in commercial roles, strong communication skills, and a full UK driving licence.
The predicted salary is between 40000 - 50000 ÂŁ per year.
The Commercial Team at Blue is structured into three core regional teams supported by a National Accounts Department, under the strategic leadership of our Chief Commercial Officer. Our Commercial Directors guide regional operations, closely assisted by Regional Directors who lead teams of Relationship Managers to achieve strategic business commercial objectives.
Overall purpose of the role
The Regional Manager is accountable for acquiring and managing introducers within an assigned region, focusing exclusively on Blue's defined target market. You will onboard new dealer partners using our compelling dealer package, designed to drive value for both Blue and our introducers. In addition to acquisition, you'll manage introducer performance, focusing on maintaining a sustainable weighted average commission, addressing any clawbacks or other forms of debt promptly whilst delivering consistent volume and quality case flow.
Key Responsibilities And Accountabilities
- Introducer Acquisition and Onboarding
- Proactively identify, target, and onboard new introducers aligned with our defined target market strategy.
- Present and explain Blue's value proposition and dealer package effectively to maximise conversion.
- Ensure a smooth onboarding experience and successful rampâup in production.
- Commercial Delivery and Performance Management
- Consistently deliver agreed case volume and lending targets within your region.
- Maintain a strong pipeline of introducer opportunities and submit accurate business forecasts.
- Analyse performance data and take proactive steps to meet and exceed targets.
- Relationship Management
- Own and manage relationships with assigned dealers, ensuring engagement, retention, and profitability.
- Act as the key point of contact for introducers, ensuring timely responses and resolution of any issues.
- Support introducers with training, deal structuring, and product education to drive volume and quality.
- Commission and Commercial Oversight
- Monitor and manage introducer weighted average commission to align with Blue's commercial expectations.
- Identify and manage risks associated with overâcommissioning or unprofitable introducer performance.
- Proactively manage any clawbacks or debt recovery issues, escalating where necessary in collaboration with the Regional Director.
- Compliance and Regulation
- Develop and maintain a full understanding of the Company's compliance requirements and act in accordance with the standards.
- Take responsibility for ensuring that personal data within your remit is handled lawfully, fairly, and in line with the company's data protection policies and procedures.
- Collaborate with the Data Protection Officer to ensure compliance with data protection standards.
- For customer data, ensure it is processed securely and in accordance with data privacy obligations.
- For employee personal data, handle it with strict confidentiality and in compliance with employment and data protection legislation.
- Act to deliver good outcomes for our customers and understand how this requirement specifically applies to your role at Blue.
- Compliance and Market Conduct
- Maintain a working knowledge of FCA conduct rules and ensure introducer behaviours and processes are compliant.
- Handle customer and introducer data lawfully and responsibly, adhering to all data protection and internal governance policies.
- Act always to deliver good outcomes for customers and understand how this requirement specifically applies to your role at Blue.
- Reporting and Administration
- Keep accurate, upâtoâdate records of introducer interactions, onboarding progress, performance, and escalations.
- Contribute market feedback and competitor intelligence to your Regional Director to support regional strategy.
- Attend regular 1â1s and regional commercial business meetings, bringing insight and actions that support the wider team goals.
Person specification
- Demonstrated success in introducer or dealer commercial roles within motor finance or a sector.
- Commercially sharp, with experience managing pricing and commission negotiations.
- Targetâdriven, tenacious, and proactive in approach to commercial activity and relationship building.
- Strong interpersonal and communication skills, capable of building trust quickly.
- Resilient and selfâmotivated with high personal accountability.
- Familiar with FCA compliance and regulatory standards.
- Full UK Driving Licence and access to a vehicle for regular regional travel.
Additional Requirements
- This is a fieldâbased role with substantial regional travel.
- Flexibility to work occasional evenings or weekends where business needs demand.
- Willingness to undertake training and continuous professional development as required.
Regional Executive/Manager - East Yorkshire employer: Blue Motor Finance Ltd
Contact Detail:
Blue Motor Finance Ltd Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Regional Executive/Manager - East Yorkshire
â¨Tip Number 1
Network like a pro! Attend industry events and connect with people in the motor finance sector. Building relationships can lead to introductions that might just land you that Regional Manager role.
â¨Tip Number 2
Be proactive in your approach. Donât wait for job openings to be posted; reach out directly to companies like Blue. Show them how your skills align with their needs, especially in introducer acquisition and relationship management.
â¨Tip Number 3
Prepare for interviews by understanding Blue's value proposition and dealer package inside out. Be ready to discuss how you can effectively onboard new introducers and drive performance in your region.
â¨Tip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets noticed. Plus, it shows youâre genuinely interested in being part of the Blue team.
We think you need these skills to ace Regional Executive/Manager - East Yorkshire
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV speaks directly to the role of Regional Manager. Highlight your experience in introducer acquisition and relationship management, and donât forget to showcase any relevant achievements that align with Blue's commercial objectives.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youâre the perfect fit for Blue. Mention specific examples of how you've successfully onboarded partners or managed performance in previous roles, and show your enthusiasm for the position.
Showcase Your Compliance Knowledge: Since compliance is key in this role, make sure to mention your understanding of FCA conduct rules and data protection policies. This will demonstrate that youâre not just commercially savvy but also aware of the regulatory landscape.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. Itâs the best way for us to receive your application and ensures you donât miss out on any important updates from our team!
How to prepare for a job interview at Blue Motor Finance Ltd
â¨Know Your Numbers
Before the interview, brush up on your understanding of key performance metrics relevant to the role. Be ready to discuss how you've met or exceeded targets in previous positions, especially in introducer or dealer roles. This shows youâre not just familiar with the numbers but can also drive results.
â¨Master the Value Proposition
Familiarise yourself with Blue's dealer package and value proposition. Prepare to explain how you would present this to potential introducers. Being able to articulate this clearly will demonstrate your understanding of the role and your ability to onboard new partners effectively.
â¨Showcase Relationship Management Skills
Think of examples from your past where you successfully built and maintained relationships with clients or partners. Be ready to discuss how you handled challenges and ensured engagement and retention. This is crucial for the Regional Manager role, so make it a focal point in your responses.
â¨Understand Compliance Inside Out
Brush up on FCA conduct rules and compliance requirements relevant to the role. Be prepared to discuss how youâve ensured compliance in previous roles and how you would handle data protection issues. This will show that you take regulatory standards seriously and are ready to uphold them at Blue.