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BMW Business Manager

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BMW Group

15d ago

  • Job
    Full-time
    Mid Level
  • Sales & Business Development

AI generated summary

  • You need automotive sales experience, knowledge of finance and regulations, strong relationship-building skills, and a track record in meeting goals. Be a visionary, self-motivated, and organized leader.
  • You will maximize finance product sales, assist vehicle sales, develop business, ensure compliance, monitor expenses, and manage complaints while keeping the team updated on market trends.

Requirements

  • Proven experience driving volume and achieving ambitious sales targets within the automotive sector
  • A solid understanding of the automotive industry and familiarity with finance, insurance, and regulatory restrictions (FCA, etc.)
  • Someone who knows how to work within brand guidelines and maintain a premium customer experience
  • Proven ability to build strong customer relationships, negotiate profitable transactions, and develop contacts within the F&I industry
  • Ideally a proven track record as a Business Manager or a minimum of 3 years of experience as a sales executive in the automotive sector
  • Visionary leader: The ability to mentor and coach others while functioning effectively as part of a team
  • Self-motivated & Curious: Proactively seeks out knowledge and strives for continuous improvement
  • Integrity: Committed to ethical practices and upholding the principles of the Vines Group
  • Ambitious & Goal-Oriented: Driven to achieve financial goals and meet or exceed sales targets
  • Positive & Resilient: Maintains a positive attitude and overcomes challenges with determination
  • Organized & Disciplined: Manages tasks efficiently and adheres to deadlines and processes
  • Accountable: Takes responsibility for personal and team performance

Responsibilities

  • Maximizing Sales & Profitability: Maximize the profitable sales of finance and insurance products by working closely with sales executives and utilizing added value techniques and sales processes to secure greater margins.
  • Support Vehicle Sales: Assist in closing vehicle sales by offering finance products as an aid to selling, ensuring sales staff are fully conversant with all finance and insurance options available.
  • Business Development: Actively work with sales staff to increase vehicle sales through prospecting and by revisiting previous and existing customers for potential re-marketing of finance and insurance products.
  • Compliance & Adherence: Ensure all staff follow the Vines Group’s Finance & Insurance (F&I) policies, and that finance business is secured through approved providers. Oversee compliance with FCA requirements, BMW FS standards, and Vines Ltd policies.
  • Product & Market Knowledge: Stay informed on developments in the finance and insurance market, ensuring Sales Management, General Management, and sales staff are kept up-to-date.
  • Financial Oversight: Monitor F&I-related expenses to ensure they do not exceed budgeted levels. Ensure settlements are made promptly to avoid late charges, and that profit is not lost through customer default or early termination.
  • Compliance & Complaint Management: Oversee compliant sales processes, supervise the achievement of sales targets, and ensure quality and compliance are prioritized. Escalate any insurance-related complaints to BMW FS.

FAQs

What is the role of a BMW Business Manager at Vines of Redhill?

The BMW Business Manager is responsible for maximizing the profitable sales of finance and insurance products, supporting vehicle sales, ensuring compliance with financial policies, and leading a motivated team to achieve sales targets.

What are the working hours for this position?

The working hours are 5 days a week from Monday to Saturday, 8 am to 6 pm.

What is the salary range for this position?

The salary for the BMW Business Manager position ranges from £40,000 to £60,000 OTE, plus a company demonstrator vehicle.

What qualifications are necessary for the BMW Business Manager role?

Candidates should have proven experience in driving sales within the automotive sector, a solid understanding of finance and insurance in the industry, and ideally have at least 3 years of experience as a sales executive or as a Business Manager.

Is there a focus on team collaboration within this role?

Yes, collaboration is key, as the role involves working closely with a high-performing team of sales executives and business managers to drive overall sales performance.

What kind of training is provided for new employees?

Vines of Redhill provides comprehensive training to ensure new employees have all the knowledge and skills needed to succeed in the role.

Are there opportunities for career growth in this position?

Yes, there are growth opportunities, including job shadowing and training at the BMW Academy.

What are some of the perks of working at Vines of Redhill?

Perks include a competitive salary, 24 days holiday (increasing to 29 with service), a staff purchase scheme for discounts on cars and motorbikes, and additional benefits like a health plan and enhanced parental benefits.

How does Vines of Redhill support work-life balance?

The company offers flexible holidays that allow employees to buy and sell holiday days, as well as a birthday off to celebrate personal milestones.

What personal qualities are important for the BMW Business Manager role?

Important personal qualities include being a visionary leader, self-motivated, possessing integrity, being goal-oriented, positive, resilient, organized, disciplined, and accountable.

BMW Group

Automotive
Industry
1-10
Employees

Mission & Purpose

With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises over 30 production sites worldwide; the company has a global sales network in more than 140 countries. In 2023, the BMW Group sold over 2.55 million passenger vehicles and more than 209,000 motorcycles worldwide. The profit before tax in the financial year 2023 was € 17.1 billion on revenues amounting to € 155.5 billion. As of 31 December 2023, the BMW Group had a workforce of 154,950 employees. The success of the BMW Group has always been based on long-term thinking and responsible action. The company set the course for the future at an early stage and consistently makes sustainability and efficient resource management central to its strategic direction, from the supply chain through production to the end of the use phase of all products.

Benefits

  • High Work-Life Balance

    Striking a healthy balance between work and personal life is important to us. It keeps us motivated and productive in the long term and thus contributes to our company's success. We support our employees in this aim: through flexible working time models, with care obligations towards dependents, assistance with child care and provision of services and facilities promoting fitness and health.

  • Paid Holiday

    With our paid holiday, we always have enough time to pursue our wanderlust. Whether we feel like visiting countries abroad or just exploring our homeland, there’s no reason to rush. From our balcony or the mountains to exotic beaches, with the amount of free time we can explore, relax, recharge our batteries and simply enjoy life wherever we are.

  • Flexible Working Time Models and Home Office.

    We give special priority to the needs of women and men who wish to devote more time to the family on a temporary basis and also to employees with care obligations towards dependents. Far beyond the legal requirements the BMW Group offers employees the possibility of working flexibly: e.g. the options range from working from home or flexitime days through non-working shifts.

  • Performance-Related and Above Average Pay.

    As performance is highly valued at the BMW Group, we offer our talents performance-related pay that far exceeds legal and collectively agreed requirements. And holiday pay makes every trip even more enjoyable, but that’s not all by far.

  • Employee Vehicle Programme.

    Discovering that unique go-kart feeling – or simply enjoying sheer driving pleasure: all our colleagues have the opportunity to drive their very own BMW or MINI on particularly attractive terms. This way, for many talents enjoying work already starts on the way to the office. With our vehicle configurator, we can create our dream car according to our own wishes and then buy it at an attractive discount – it’s also possible to finance or alternatively lease it. But that’s not all, as we can also benefit from special conditions on a wide range of used cars.

  • Health Management Programmes.

    We want to keep our talents in the best of health. We have our own company healthcare service, which includes preventative measures, stress management, nutritional advice and health training, such as a cardiac sports group. Our medical officers always have time for us: whenever we need medical advice, we can just drop in. We also provide medical screening, vaccinations as well as first-aid kits before business trips abroad and a lot more.