Commercial Operations Manager in London

Commercial Operations Manager in London

London Full-Time 48000 - 72000 £ / year (est.) No working from home possible
F1

At a Glance

  • Tasks: Drive growth initiatives and develop commercial strategies for Formula 1's partnerships.
  • Company: Join the iconic world of Formula 1, where innovation meets entertainment.
  • Benefits: Enjoy a dynamic work environment in London with opportunities for professional growth.
  • Other info: Ideal for those passionate about sports and eager to make an impact.
  • Why this job: Be part of a thrilling industry that combines sports, media, and cutting-edge technology.
  • Qualifications: 5+ years in commercial strategy; degree in Business or Economics required.

The predicted salary is between 48000 - 72000 £ per year.

Formula 1 covers a huge range of disciplines across a wide array of industry sectors, drawing the very best from our teams of technicians, engineers and media rights specialists and encouraging the creativity of experts in the fields of digital and traditional media, marketing and communications. We are recruiting for a Commercial Operations Manager for our Sponsorship & Commercial Partnerships team who would be based at our St James Market Office in London. You will be responsible for developing, implementing, and optimizing growth initiatives that align with Formula 1’s commercial objectives. Do you have what it takes to be part of the world’s greatest sport and entertainment spectacle? Main Duties and Responsibilities: * Develop commercial strategies and execution plans to drive growth across commercial partnerships, licensing, experiential, hospitality, and marketing. * Identify and evaluate new business opportunities, market trends, and competitive dynamics to inform strategic decision-making and maximize commercial potential. * Collaborate with internal teams to create integrated commercial propositions that enhance fan engagement and partner value. * Develop compelling, creative, and bespoke commercial propositions for partners with consideration on cross-departmental impacts. * Conduct financial modelling, revenue forecasting, and performance analysis to support commercial planning and optimize monetization strategies. * Develop and present business cases, strategic recommendations, and performance reports to senior management and other key stakeholders. * Identify and manage operational efficiency projects to enhance cross-departmental collaboration and data sharing. * Monitor the effectiveness of commercial initiatives, identifying opportunities for improvement and adapting strategies to changing market conditions and consumer behaviour. * Manage reporting processes for senior stakeholder updates. * Stay abreast of industry trends, emerging technologies, and best practices to ensure Formula 1 remains at the forefront of innovation and commercial success. Specification Essentials: * Minimum 5 years’ experience in commercial strategy, business development or related roles, within sports, entertainment, media or tech industries * Degree in Business or Economics * Experience developing and executing successful commercial strategies * Expert proficiency in Excel and Powerpoint * Experience building complex financial models Division: Commercial

Commercial Operations Manager in London employer: F1

At Formula 1, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters creativity and innovation. Our St James Market Office in London is not just a workplace; it's a hub for passionate individuals who thrive on collaboration and are dedicated to pushing the boundaries of commercial success in the world of sports and entertainment. With ample opportunities for professional growth, a culture that values diverse perspectives, and the chance to be part of a globally recognised brand, joining our team as a Commercial Operations Manager means contributing to something truly extraordinary.

F1

Contact Details:

F1 Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Commercial Operations Manager in London

Show Your Creative Side

In marketing communications, standing out is key. Get creative with your application! Consider designing a mini-campaign or pitch that highlights your skills and understanding of the brand. Tailor it for F1 and show them what you can bring to the table.

Engage in Marketing Communities

Get involved in local or online marketing communications groups. Check out platforms like Meetup for events and workshops. Networking here can lead to hidden job openings and valuable insights into the industry trends—this is where we often discover what companies like F1 are looking for.

Leverage Social Media

Use platforms like LinkedIn and Twitter to showcase your passion for marketing communications. Share insights, articles, and your own content that resonates with the industry. Tagging or interacting with F1 on these platforms can catch the eye of recruiters and show you're genuinely interested in them.

Attend Industry Events

Keep an eye out for marketing conferences and workshops. These are great places to meet potential employers face-to-face and make connections that could land you a full-time role at F1. Bring your business cards and be prepared to chat about how you can contribute!

We think you need these skills to ace Commercial Operations Manager in London

Commercial Strategy Development
Business Development
Market Analysis
Financial Modelling
Revenue Forecasting
Performance Analysis
Project Management

Some tips for your application 🫡

Craft an Impactful Cover Letter:Your cover letter is your chance to shine! Focus on your passion for marketing communications and how your previous experiences can benefit F1. Make sure to mention specific campaigns or projects you’ve worked on that showcase your creativity and strategic thinking.

Showcase Your Writing Skills:As you're diving into a marketing communications role, your writing ability is crucial. Include samples of your work, like blog posts, press releases, or social media campaigns in your application. This lets us see your style and how you engage with different audiences.

Tailor Your CV to Marketing:Your CV should highlight relevant marketing skills and experiences! Include specific tools or platforms you’ve used, like Google Analytics or social media management software. Mention any certifications or workshops related to marketing that you've completed – they can give you an edge!

Demonstrate Your Understanding of F1:Show us that you’ve done your homework! In your application, briefly mention what you admire about F1’s marketing approach or any recent campaigns that caught your attention. This can reveal your enthusiasm for the role and your genuine interest in joining our team!

How to prepare for a job interview at F1

Showcase Your Creative Campaigns

Get ready to flaunt your portfolio! Include examples of previous marketing campaigns you've worked on, especially those that showcase your creativity and strategy. Recruiters at F1 will be keen to see how you conceptualise and execute campaigns, so highlight any measurable outcomes to back up your claims.

Know Your Digital Tools Inside Out

If you’re heading into a marketing-communications role, make sure you're comfortable discussing key digital marketing tools like Google Analytics, HubSpot, or Hootsuite. Expect some technical questions about how you've used these tools in the past, as they'll want to gauge your hands-on experience and how you analyse data to drive marketing decisions.

Be Ready for Scenario-Based Questions

At F1, they may throw some scenario-based questions your way, aimed at testing your problem-solving skills in real-life marketing situations. Think through potential challenges you’ve faced, how you navigated them, and be prepared to discuss your thought process and outcome.

Demonstrate Your Passion for Marketing

As you’re applying for a full-time position, show that you're not just looking for a job, but a career in marketing. Talk about the latest trends in marketing communications, your favourite campaigns, and why they inspire you. Your enthusiasm can really make you stand out and demonstrate that you’re committed to growing within the field.