Porsche Retail Group Ltd
Retail Transaction Manager
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Retail Transaction Manager
Porsche Retail Group (PRG) have an excellent opportunity for a Retail Transaction Manager to work for one of the world's most iconic brands and join Porsche Centre Mayfair. To apply for this role, you must have experience within a previous automotive Finance & Insurance (F&I) role.
Role
Reporting to the General Sales Manager, working as one of two Retail Transaction Managers (RTM), you will be responsible for ensuring Porsche Centre Mayfair optimises every opportunity to achieve the Centre's Finance, Insurance and Value Added Product Targets. You'll also coach the Sales Team to become fully versed in all income streams, supporting them with the selling and advising, of funding options for customers' vehicles. Being the subject manager expert on all F&I products, as an RTM you will ensure an unsurpassed customer experience whilst adhering to all internal procedures and external regulations.
Responsibilities
- Ensure all customers are fully qualified and offered relevant value-added products
- Engage all retail customers with finance/product presentations and record referrals accurately
- Support target setting and monitor Sales Executives' F&I performance
- Coach sales executives on finance referrals
- Maintain accurate F&I data for forecasting and performance tracking
- Manage VWFS Finance Renewals and maintain related platforms and campaigns
- Handle customer concerns promptly, following FCA complaint procedures and Porsche standards
- Ensure compliance with PRG Sales Process, FCA/RICS documentation, and manage VWFS Connect platform
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Requirements
Minimum Qualifications
- Proven experience within a previous F&I focused automotive role
- Knowledge/ understanding of the FCA and other regulatory bodies relevant to the financial services industry (i.e. ICO)
- Knowledge of Anti-Money Laundering ("AML") and mitigation of AML risk in a high value retail environment
- Knowledge/ understanding of the motor industry and applicable regulatory environment
- Highly organised, able to identify gaps and opportunities in business performance
- Excellent communication and negotiation skills
- Valid driver's license and ability to drive
Experience / skills required (desirable)
- A track record of performing within a fast paced, customer-facing, luxury retail environment
- Proficiency in dealership management systems (DMS), CRM software, and MS Office Suite (particularly Excel and Outlook)
- Sound understanding of industry processes
- Specialist Automotive Finance (SAF) Expert or Advanced accreditation
Benefits
Porsche Retail Group are committed to promoting a culture that champions diversity and equal opportunities.
PRG believe diverse teams are catalysts of innovation and create multiple new ideas. One of our priorities is to celebrate diversity in all its dimensions while shaping an aspirational and inclusive company culture.
In return, we offer
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- OTE of £76,000 with ability to overachieve and basic salary of £40,000.
- 33 days holiday (Including BH)
- This is a full-time position working Monday to Friday 8.30am to 6.00pm (with a day off in the week) and every Saturday 9am to 5pm
- Tax efficient VW ECOS Vehicle
- Option of a VW Group Vehicle at preferential leasing rates
- Preferential rates on several products and services, including high street brands, restaurants, gyms and Porsche products
- Life Assurance
- DC Pension Scheme
- Employee Assistance Program - support and advice on issues impacting your wellbeing
- Dedicated mental health champions
Centre
Porsche Mayfair is the only Porsche Studio Concept Centre in the UK. Nestled in a prime location right across from the stunning Green Park and surrounded by a variety of luxury retail brands and restaurants. Green Park tube is within a 2-minute walk.
Company
Headquartered in Reading alongside Porsche Cars GB Ltd, Porsche Retail Group (PRG) are owned wholly by Porsche Germany. We operate several Porsche Centres, Service Centres and a Trade Parts Distribution Centre in and around London and the South-East.
Our journey embodies the Porsche DNA, a love of sports cars and a passion for excellence and challenging the status quo. Our centres feature state-of-the-art facilities and highly trained staff to ensure that the purchasing, servicing, and ownership experience of Porsche customers are of the highest quality.
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