At a Glance
- Tasks: Manage vehicle sales and finance products while ensuring compliance with FCA guidelines.
- Company: Join Marshall BMW Bournemouth, a leading dealership known for excellent customer service.
- Benefits: Enjoy 25 days annual leave, a company car, and employee discounts.
- Why this job: Great opportunity to advance your career in a supportive team environment.
- Qualifications: Previous experience in a similar role or as a Sales Executive is essential.
- Other info: Full-time role with a competitive salary and bonus scheme.
The predicted salary is between 30000 - 42000 £ per year.
Marshall BMW Bournemouth is looking for a Transaction Manager.
Your role
We are seeking a Transaction Manager to join our BMW & MINI Dealership based in Bournemouth to facilitate the delivery of good customer outcomes from the sale of finance, insurance, warranties and additional products. Reporting to the Sales Manager, this role is offered on a full-time, permanent basis and offers an excellent opportunity for an experienced car sales professional who is looking to progress their career.
Hours: 45 hours per week, Monday-Friday with every other weekend off.
Salary: £25k basic annual salary with a £50k OTE & Bonus scheme in place.
What you’ll do
- Oversee the sale of vehicles, finance and insurance products to ensure compliance with the Financial Conduct Authority (FCA) rules & guidelines.
- Provide advice and guidance around the sales process to a team of Sales Executives, balancing the need for good outcomes with sales performance.
- Assist in the closing of vehicle sales and obtaining valuations for part exchanges.
- Complete monthly reporting on finance and insurance sales performance.
- Upskill the Sales Executive team by training in finance and insurance.
Your profile
- Previous Franchise Experience as a Transaction/Business Manager or experience within a Sales Executive or Sales Controller position.
- Comfortable working to deadlines.
- You have a professional approach with the ability to mentor others.
- Strong attention to detail and compliance.
- A team player who can use own initiative and multi-task.
- Excellent customer management skills.
Rewards
- 25 days annual leave plus bank holidays.
- Company car.
- Life assurance.
- Pension scheme.
- Wellbeing support.
- Employee discount for servicing and popular retailers.
Transaction Manager NEW employer: BMW Group Retail
Contact Detail:
BMW Group Retail Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Manager NEW
✨Tip Number 1
Familiarise yourself with the Financial Conduct Authority (FCA) rules and guidelines. Understanding these regulations will not only help you in your role but also demonstrate your commitment to compliance during the interview process.
✨Tip Number 2
Showcase your experience in mentoring and training others. Prepare examples of how you've successfully upskilled team members in previous roles, as this is a key aspect of the Transaction Manager position.
✨Tip Number 3
Highlight your ability to work under pressure and meet deadlines. Be ready to discuss specific instances where you've managed multiple tasks effectively while maintaining high standards of customer service.
✨Tip Number 4
Research Marshall BMW Bournemouth and their sales approach. Understanding their values and customer service philosophy will allow you to tailor your responses and show that you're a great fit for their team.
We think you need these skills to ace Transaction Manager NEW
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and requirements for the Transaction Manager position. Tailor your application to highlight relevant experience in finance, insurance, and customer management.
Craft a Compelling CV: Ensure your CV is up-to-date and clearly outlines your previous experience as a Transaction/Business Manager or in a Sales Executive role. Emphasise your achievements, particularly those related to compliance and team training.
Write a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific examples of how you have successfully managed sales processes and mentored team members in the past.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at BMW Group Retail
✨Showcase Your Experience
Make sure to highlight your previous experience as a Transaction or Business Manager. Be prepared to discuss specific examples of how you've successfully managed sales processes and ensured compliance with FCA guidelines.
✨Demonstrate Leadership Skills
Since the role involves mentoring Sales Executives, be ready to share instances where you've trained or guided a team. Emphasise your ability to balance good customer outcomes with sales performance.
✨Prepare for Compliance Questions
Given the importance of compliance in this role, brush up on FCA rules and guidelines. Be prepared to answer questions about how you ensure compliance in your sales processes.
✨Exhibit Strong Customer Management Skills
Prepare to discuss your approach to customer management. Share examples of how you've handled customer interactions, resolved issues, and maintained strong relationships to drive sales.