Commercial Operations Manager London, England
Formula 1
Full Time
London, England
28353 - 40565 GBP ANNUAL Today
Job description
Main Duties and Responsibilities
We’re looking for a Commercial Operations Manager to join our team, supporting the Commercial Partnerships department through the process of pitching to and securing new partners. This role will collaborate with all areas of the Formula 1 organisation – from New Business and Commercial Insights, to Legal and Finance – to ensure both partners’ and Formula 1’s commercial objectives are met. Responsibilities will include:
- Managing proposition development, alongside a sales counterpart, for high investment deals with prospective partners and renewals with existing partners of Formula 1
- Working closely with internal departments to ensure Formula 1’s commercial inventory is appropriately and proportionately offered to clients
- Developing term sheets (Heads of Terms), ensuring they address both key partner objectives and delivering sufficient margin to Formula 1
- Attending and contributing to meetings and workshops with clients during the sales process
- Helping to close partnership deals with a smooth transition from commercial terms to long-form agreements, working closely with Formula 1’s Legal team
- Ensuring smooth handover of new partners to the Partnership Management team for ongoing support
- Monitoring and reporting on developments within the wider sports industry, with a particular focus on Formula 1’s sponsorship and licensing proposition
Other
- To complete all mandatory training within specified timelines.
- To operate safely at all times in line with Company health and safety requirements.
- To undertake other duties within your capabilities as your Department Manager or Team Manager may assign to you from time to time.
Experience
- Strong understanding of commercial sport.
- 3-5 years experience working in a similar role, either within sport or comparable industry.
- Track record of developing and delivering successful branded/sponsored content for commercial partners.
- Experience of leading or playing a key role in closing high value partnership deals.
Formula 1
https://www.formula1.com/
London, United Kingdom
Stefano Domenicali
Unknown / Non-Applicable
501 to 1000 Employees
Company - Private
Sports & Recreation
