Head of F&i
1 day ago
**The Opportunity**
We have a rare opportunity for a Head of Finance & Insurance to join our Senior Leadership Team. Reporting to the Group Commercial Director, you will take responsibility for developing and implementing the Group’s retail finance and insurance (F&I) strategy, incorporating customer renewals and retention, in line with the overall business strategy. You will play a vital role in ensuring FCA compliance and governance across the Group, using your expert knowledge in this space to ensure the Group’s sales teams have the required guidance, resources and skills to guarantee the right outcomes for customers are being achieved aligned to treating customers fairly (TCF) principles.
With the constant evolution of the automotive industry, you will play a pivotal role in keeping abreast of the F&I market, reporting and analysing trends and providing proposals and recommendations for continuous improvement in this area, including recommendations for innovation and new customer propositions. You will work closely with and effectively manage relationships with finance suppliers, negotiating and evaluating retail finance packages available from manufacturers and major retail finance providers to ensure terms are appropriate for achieving business objectives.
**About You**
- Extensive experience in F&I within the automotive industry, with sound knowledge of retail finance products and offerings.
- Resilient and proactive to meet the challenging demands of this role.
- Excellent and effective communication skills with the ability to influence at all levels, both internally and externally, developing and maintaining relationships with current and prospective finance suppliers.
- Advanced working knowledge of Excel, Word and other web-based finance systems, with an exceptional ability to analyse and interpret numerical data.
- Proven leadership skills and experience in motivating and developing a team to achieve departmental objectives.
- Sound working knowledge of the retail F&I marketplace, keeping abreast of developments in technology and market conditions to ensure the Group employs the most appropriate practices in this space.
- You will have (and maintain) a sound working knowledge of the compliance requirements of the Insurance Conduct of Business Rules (ICOB) and Consumer Credit Directive (CCD), protecting the Group and mitigating financial and legal exposure.
**The Rewards**
As well as a competitive salary and performance related bonus, we offer a structured career with the opportunity for personal development and training within our rewarding environment. In addition, you can expect the following additional benefits:
- Bespoke induction and training programme and ongoing development throughout your career,
- Private healthcare cover,
- Life insurance,
- Enhanced family (maternity/paternity/adoption) leave,
- Access to Group car benefit scheme from day one,
- Company pension,
- Discounts on new vehicle, used vehicle, service and parts purchases, and
- Diverse benefits and discounts with high street and online retailers and services (Perkbox).
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