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- Tasks: Lead innovative partnerships and drive revenue growth for the Visa Cash App Racing Bulls F1 Team.
- Company: Join the dynamic Visa Cash App Racing Bulls, a leading Red Bull-owned F1 team.
- Benefits: Enjoy a competitive salary, bonus scheme, private healthcare, and free daily food allowance.
- Why this job: Make a real impact in the fast-paced world of Formula 1 marketing and sponsorship.
- Qualifications: Proven experience in closing high-value contracts and strong negotiation skills required.
- Other info: Be part of a young, ambitious team with excellent career development opportunities.
The predicted salary is between 54000 - 84000 £ per year.
Visa Cash App Racing Bulls F1 Team is one of two Red Bull-owned F1 teams.
Today’s Formula 1 calls for a high level of specialist skills in every area. At Visa Cash App Racing Bulls F1 Team we strongly believe that every member of our staff can and should lead innovation and continuous improvement in such a competitive and dynamic working environment.
Sounds exciting, doesn\’t? Don\’t miss your chance to make an impact!
We are looking for an experienced Senior Commercial Manager to be responsible for standing Visa Cash App Racing Bulls (VCARB) apart from our competition through developing market-leading, integrated technology partnerships, making our team the envy of the global sponsorship industry, and supporting the securing of new technology partnerships for VCARB to take our brand into the next phase of our evolution. You will help realize our ambition to become one of the worlds’ most disruptive and revered sports marketing properties.
They will be on securing new innovative partnerships and supporting the Head of Commercial (and associated business areas) to maximise the organisation’s commercial revenue, supporting continued on-track and off-track growth. Further, they will include working closely with VCARB’s marketing, technology and engineering departments (and wider business) to devise, plan and deliver new and existing propositions and programmes that fit with our business strategy but can also be commercialised.
Business Development & Sales
Sales – Developing leads, securing meetings, and building relationships with prospective partners at the most senior level through external approaches, existing corporate relationships, and agency introductions.
Strategy– Develop new revenue streams for the team for new prospects and incumbent partners.
Supporting the Head of Commercial to increase revenue and identify new revenue-generating opportunities where required.
Research & Analysis – Understand key analytics to support sales processes.
Presentation Materials – Enhance the team’s full suite of sales materials, including presentations and proposals, to suit the needs of individual partnership prospects.
Partner & Agency Management
Renewals – Support the Head of Commercial in evaluating existing contracts and working towards contract extensions, ensuring partner network stability.
Agency Management – Develop strong and trusted day-to-day links with agency contacts.
Sales Operations & Contract Management
Prospect Management – Maintaining up-to-date records of all sales and business development contacts and activities for internal reporting.
Contracts – Support the closing of partnership agreements, including negotiation of commercial terms, working alongside VCARB’s Legal team and Head of Commercial to conclude contractual agreements.
What We Offer
Success on track starts with people, talented individuals who grow, learn, and push forward together. At Visa Cash App Racing Bulls, we’re a young and ambitious team, recognised for developing future talent and creating opportunities to shine. On top of a competitive salary, here’s what else you can enjoy with us:
Bonus Scheme
Free daily food allowance
Private Healthcare
Pension Scheme
Employee Assistance Program
Life insurance
Car Scheme
Gym
And many more
Experience
- Proven track record in closing high-value contracts and revenue generation
- Ability to create outstanding sales literature that connect with a range of business objectives at B2B companies.
- Comfortable in fast paced environment and working to stringent targets.
- Adept at analysing bespoke data and insights to enhance sales propositions.
- Enviable black book of contacts responsible to marketing budget allocation.
- Persuasive sales techniques, strong negotiation skills and closing dynamics.
- Excel at relationship building internally with key departments supporting the partnership sales process and externally with C-Level Executives at clients.
- A team-first, collaborative and solution orientated approach.
- High enthusiasm with a real passion for their work.
- Resilient with a self-starting attitude.
- Available to travel and participate in 5 to 10 international events a year.
VCARB F1 Team - Senior Commercial Manager employer: Visa Cash App Racing Bulls F1 Team
Contact Detail:
Visa Cash App Racing Bulls F1 Team Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VCARB F1 Team - Senior Commercial Manager
✨Tip Number 1
Network like a pro! Get out there and connect with people in the F1 industry. Attend events, join relevant groups on LinkedIn, and don’t be shy to reach out to potential contacts. You never know who might help you land that dream role!
✨Tip Number 2
Showcase your skills! Create a portfolio or a personal website that highlights your achievements and projects. This is your chance to stand out and demonstrate how you can bring value to the VCARB team.
✨Tip Number 3
Prepare for interviews by researching the company and its competitors. Understand their market position and think about how you can contribute to their goals. Tailor your responses to show you’re the perfect fit for the Senior Commercial Manager role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the VCARB family. Don’t miss out on this exciting opportunity!
We think you need these skills to ace VCARB F1 Team - Senior Commercial Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Commercial Manager role. Highlight your experience in closing high-value contracts and any relevant partnerships you've developed. We want to see how you can stand out from the competition!
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for VCARB. Share your passion for F1 and how your skills align with our mission to innovate and grow. Remember, this is your chance to make a great first impression!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've driven revenue growth or secured partnerships in the past. We love seeing quantifiable results that demonstrate your impact.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get started on this exciting journey together!
How to prepare for a job interview at Visa Cash App Racing Bulls F1 Team
✨Know Your Stuff
Before the interview, dive deep into the world of Formula 1 and the Visa Cash App Racing Bulls team. Familiarise yourself with their recent partnerships, sponsorship strategies, and any innovative technologies they’ve adopted. This will not only show your enthusiasm but also help you speak confidently about how you can contribute to their goals.
✨Showcase Your Network
Since this role involves building relationships with senior-level partners, be ready to discuss your existing contacts in the industry. Prepare examples of how you've leveraged your network in the past to secure deals or partnerships. This will demonstrate your ability to hit the ground running and add immediate value.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and strategic thinking. Think of scenarios where you had to develop new revenue streams or negotiate contracts under pressure. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.
✨Bring Your A-Game Presentation
As a Senior Commercial Manager, you'll need to create compelling sales materials. Bring samples of your previous work or presentations to showcase your skills. This not only highlights your expertise but also gives the interviewers a tangible sense of what you can bring to the table.