Commercial Retention Manager in London

Commercial Retention Manager in London

London Full-Time 50000 - 60000 € / year (est.) No home office possible
Flatpay

At a Glance

  • Tasks: Lead and develop a dynamic retention team to protect revenue and drive commercial success.
  • Company: Join Flatpay, one of Europe's fastest-growing fintech companies with a vibrant culture.
  • Benefits: Competitive salary, growth opportunities, and a fun work environment.
  • Other info: Be part of a passionate team dedicated to innovating payment solutions.
  • Why this job: Make a real impact in a hands-on leadership role within a fast-paced fintech.
  • Qualifications: 2-4 years in retention or B2B sales, with experience managing teams.

The predicted salary is between 50000 - 60000 € per year.

Flatpay is one of Europe's fastest-growing fintech companies and we've recently launched in the UK.

Flatpay is a fast-growing payment service provider for small and medium-sized businesses. We've recently launched in the UK and we're building our commercial team from the ground up. Retention at Flatpay is a sales discipline. The team handles the most commercially sensitive conversations in the business β€” negotiating against competitors, countering objections, and deciding which customers to fight for. This isn't a support function; it's a revenue protection role. We're looking for a Commercial Retention Manager to lead and develop our UK Retention team day-to-day. You'll own the save rate, the ARR protected, and the quality of your team's commercial decisions. This is a hands-on leadership role: you'll be in the detail, coaching agents, reviewing cases, and running the weekly pipeline alongside your team.

Responsibilities

  • Lead the team commercially
  • Set daily priorities for the team based on commercial value β€” high-TPV at-risk customers come first
  • Run weekly pipeline reviews across all at-risk cases and hold the team to clear outcomes
  • Hire and develop agents who operate with a sales mindset, not a service one
  • Manage and develop Team Leads
  • Set clear performance expectations for Team Leads and hold them accountable through regular 1:1s and pipeline reviews
  • Develop Team Leads into strong commercial coaches β€” ensuring they can shadow calls, give structured feedback, and close the gap between top and average agents
  • Build the bench: identify high-potential agents and create a pathway for them to grow into Team Lead roles
  • Own decision-making quality
  • Decide which cases are worth working β€” and deprioritise the rest
  • Approve defensive commercial actions (rate adjustments, counter-offers) with clear criteria
  • Ensure saves are commercially sound: not every customer should be retained at any price
  • Keep the data clean and the process tight
  • Enforce mandatory data capture
  • Continuously improve tooling, workflows, and escalation paths
  • Work with Sales, Ops, and Finance to close the loop on churn root causes

How You'll Be Measured

  • Save rate β€” % of worked at-risk cases resulting in a retained merchant, improving month-on-month
  • ARR protected β€” monthly ARR saved by the team
  • Active customer rate β€” portfolio-level % of active merchants
  • Infancy churn rate β€” cancellations within the first 180 days
  • Time to first contact β€” speed of outreach to at-risk signals
  • Cancellation reason capture β€” 95%+ structured reasons recorded
  • Rep performance spread β€” variance in save rates narrowing through coaching

Skills & Attributes

  • Confident running difficult commercial conversations β€” objections, competitor pressure, pricing
  • Strong instinct for prioritisation: you know which conversations are worth having and which aren't
  • Data-driven: you read pipeline metrics, spot problems early, and adjust your team's focus accordingly
  • Structured and repeatable in how you work β€” you build processes, not just one-off wins
  • Experience managing Team Leads or senior agents β€” you lead through others, not just directly

Our Values

  • Happy Humans β€” We bring energy to our work and create teams people enjoy being part of.
  • No Assholes β€” We perform at a high level while treating colleagues and customers with respect.
  • It's Our Business, Own It β€” Everyone takes responsibility and manages their work like it's their own business.
  • Start With No β€” We challenge ideas, think commercially and focus on what truly creates value.
  • Sky-High Ambitions β€” We set bold goals and expect people to keep raising the bar.
  • The Best Argument Wins β€” Titles don't decide outcomes. We debate openly to reach the best decisions.

Background & Requirements

  • 2–4 years of experience in a retention, B2B sales, or commercial role where you have been part of or managed a commercial team
  • Experience managing Team Leads or senior agents in a sales or commercial environment
  • Fluent in English
  • Right to work in the UK (visa sponsorship is not available for this role)
  • Payments industry experience is not required

Hiring Process

  • Application Review β€” Our Talent Team reviews your CV to assess experience and potential fit.
  • Talent Team Call (20–30 minutes) β€” A conversation to understand your background and discuss what motivates you.
  • 1:1 Microsoft Teams interview with Manager
  • Offer β€” Successful candidates receive a fast turnaround to offer.

Welcome to Flatpay! Flatpay is not just another payment solution; we are dedicated to innovating the market for payment solutions and financial services in the SME segment with our customer-centric and transparent services. Today, we are one of the fastest-growing fintech companies out of the Nordics - and Denmark's fastest unicorn! Flatpay is more than just work. We believe in fostering a vibrant and fun work culture where our ambitious colleagues can thrive. As part of our team, you will be one of +1.700 passionate colleagues dedicated to making a difference in the world of payments. What sets Flatpay apart is our dedication. We continuously strive to stay ahead of the curve, adapting our solutions to meet our client's evolving needs. Let's shape the future of merchants together!

Commercial Retention Manager in London employer: Flatpay

Flatpay is an exceptional employer, offering a vibrant and dynamic work culture in the heart of London. As a rapidly growing fintech company, we prioritise employee development and provide ample opportunities for career progression within our commercial team. Our commitment to fostering a supportive environment ensures that every team member can thrive while contributing to meaningful outcomes in the payments industry.

Flatpay

Contact Detail:

Flatpay Recruiting Team

StudySmarter Expert Advice🀫

We think this is how you could land Commercial Retention Manager in London

✨Tip Number 1

Network like a pro! Get out there and connect with people in the fintech space. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for those interviews! Research Flatpay and understand their values and mission. Think about how your experience aligns with their goals, especially in retention and sales. Practice common interview questions and be ready to discuss how you can contribute to their success.

✨Tip Number 3

Showcase your skills! If you’ve got data-driven insights or examples of successful retention strategies, bring them to the table. Use real-life scenarios to demonstrate your ability to handle tough commercial conversations and make sound decisions.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Flatpay team. Don’t forget to follow up after applying; a little persistence goes a long way!

We think you need these skills to ace Commercial Retention Manager in London

Commercial Negotiation
Sales Mindset
Team Leadership
Performance Management
Data Analysis
Pipeline Management
Coaching Skills

Some tips for your application 🫑

Show Your Commercial Savvy:When you're writing your application, make sure to highlight your experience in commercial roles. We want to see how you've handled tough conversations and made decisions that protect revenue. Use examples that showcase your ability to prioritise effectively and drive results.

Be Data-Driven:Flatpay loves numbers! In your application, mention any experience you have with data analysis or metrics. Show us how you've used data to spot problems early and adjust your team's focus. This will demonstrate that you're not just about the talk, but also about the walk.

Emphasise Team Leadership:If you've managed teams before, let us know! Talk about how you've developed agents or Team Leads, and how you've fostered a sales mindset within your team. We’re looking for someone who can lead through others, so share your leadership style and successes.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures it gets into the right hands. Plus, it shows us that you're keen on joining the Flatpay family!

How to prepare for a job interview at Flatpay

✨Know Your Numbers

As a Commercial Retention Manager, you'll need to be data-driven. Brush up on key metrics like save rates and ARR protected. Be ready to discuss how you've used data in past roles to make informed decisions and drive results.

✨Master the Art of Negotiation

This role involves handling sensitive commercial conversations. Prepare by practising negotiation scenarios. Think about how you would counter objections or respond to competitor pressure. Show them you can keep your cool under pressure!

✨Showcase Your Leadership Skills

Flatpay is looking for someone who can lead and develop a team. Be prepared to share examples of how you've managed Team Leads or senior agents. Highlight your coaching style and how you've helped others improve their performance.

✨Align with Company Values

Familiarise yourself with Flatpay's values, such as 'Happy Humans' and 'Sky-High Ambitions'. During the interview, weave these values into your responses. Show that you not only understand their culture but also embody it in your work ethic.