At a Glance
- Tasks: Lead and support a dynamic sales team while enhancing customer experiences.
- Company: Join Renault Retail Group, a leading dealership with a vibrant culture.
- Benefits: Competitive salary, uncapped OTE, company car, and generous leave.
- Other info: Enjoy perks like gym discounts, training opportunities, and a supportive team.
- Why this job: Make a real impact in a fast-paced environment with great career growth.
- Qualifications: Experience in a similar role and strong finance knowledge required.
The predicted salary is between 31354 - 62700 £ per year.
Renault Retail Group is looking for an experienced Business Manager / F&I Transaction Manager to join our dealership based at Watford Business Park (WD18).
You will support and guide a team of Sales Executives, contributing to both performance and customer experience across the dealership.
- Supporting and coaching a team of Sales Executives, including second-facing customers and assisting with deal progression where required.
- Working closely with the General Sales Manager to maintain strong finance and insurance penetration levels and overall commercial performance.
- Acting as a visible and supportive presence on the showroom floor, helping to guide customers through the finance process and improve conversion.
- Building effective relationships with lending partners and finance providers to secure competitive funding solutions for customers.
- Ensuring full compliance with FCA regulations and internal policies, with clear and transparent communication of financial commitments.
- Monitoring deal progress, documentation, and outcomes to maintain accuracy, efficiency, and consistency across all transactions.
Previous experience in a Business Manager, Transaction Manager, F&I Manager or Sales Controller role within a main dealer environment is required.
A strong understanding of finance and insurance products, compliance requirements, and dealership processes is essential.
Confidence working in a target-driven environment, with a focus on both performance and customer outcomes is necessary.
A full UK driving licence (manual and automatic vehicles) is essential for this role, to meet company insurance requirements and support vehicle demonstrations and customer test drives.
Working pattern (rota basis):
- ~5 days per week
- ~4 weekdays (8:00am–6:00pm)
- ~Saturdays (8:30am–5:00pm)
- ~1 in 3 Sundays (10:00am–4:00pm)
Company car provided.
Access to a salary sacrifice, tax-efficient new car scheme (ECOS/ECOP).
Family Car Scheme, available for close family members. Eligibility applies after probation for the first vehicle, with a second vehicle available after 12 months' service.
Car insurance included on both schemes.
~33 days' annual leave including Bank Holidays (option to buy or sell additional days).
~Pension scheme with life assurance.
~Staff discounts on vehicles, parts, servicing, and accessories.
~Share Incentive Scheme.
~Mortgage and pension advice seminars.
~Excellent manufacturer training and clear career development opportunities.
~Cycle to Work scheme, including e-bikes.
~Discounted gym membership.
~Enhanced Maternity and Paternity policies.
~Eye test voucher scheme.
No agencies please.
Business Manager - Full-time employer: Renault Retail Group
Renault Retail Group is an exceptional employer, offering a dynamic work environment at our Watford dealership where you can thrive as a Business Manager. With competitive pay, uncapped OTE, and a comprehensive benefits package including a company car, generous annual leave, and extensive training opportunities, we prioritise employee growth and well-being. Join us to be part of a supportive team that values performance and customer satisfaction, all while enjoying the perks of working in a vibrant automotive setting.
StudySmarter Expert Advice🤫
We think this is how you could land Business Manager - Full-time
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Renault Retail Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Business Manager - Full-time
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Renault Retail Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Renault Retail Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Renault Retail Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Renault Retail Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Renault Retail Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Renault Retail Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
