At a Glance
- Tasks: Lead finance opportunities and coach the sales team at Porsche Centre Guildford.
- Company: Join Porsche Retail Group, a prestigious brand with a passion for excellence in automotive services.
- Benefits: Enjoy a competitive salary, generous holiday, and perks like vehicle leasing and wellness support.
- Why this job: Be part of an iconic brand, drive innovation, and enhance customer experiences in luxury retail.
- Qualifications: Experience in F&I automotive roles and knowledge of financial regulations are essential.
- Other info: Work in Europe's largest 'Destination Porsche' centre with state-of-the-art facilities.
The predicted salary is between 24000 - 33600 £ per year.
Porsche Retail Group (PRG) have an excellent opportunity for a Retail Transaction Manager to work for one of the worldās most iconic brands and join Porsche Centre Guildford. To apply for this role, you must have experience within a previous F&I focused automotive 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 Guildford optimises every opportunity to achieve the Centreās Finance Income (F&I) and Valued Added Product Targets. Youāll also coach the Sales Team to become fully versed in all income streams, supporting them with the selling and advising, of funding options for customersā 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 Executivesā 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 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 (āAMLā) 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 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: Basic Salary of Ā£40,000. OTE of Ā£76,000 with ability to overachieve 33 days holiday per year 8.30am to 6.30pm Monday to Friday (one designated day off in the week) and Saturdays 9am to 5pm A tax efficient VW Group Vehicle Option of a second VW Group Vehicle at a preferential leasing rate 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 The biggest āDestination Porscheā centre in Europe. Located in the vibrant Guildford area, this fantastic centre is just a stoneās throw away from a local fitness centre and a bustling retail park. This centre also offers the convenience of free nearby parking and a short walk to Guildford train station. 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. Applying Please note that eRecruitSmart is advertising this role on behalf of Porsche Retail Group. Your CV will be stored on their platform for the Hiring Manager who is responsible for the vacancy to review. Please only apply if you consent to these terms. You must reside in and have eligibility to work in the UK. If your address and contact details are not on your CV, you will not be considered. Youāre welcome to request a full synopsis of the job description during your first round of interview, should you be successful. We look forward to hearing from you
Retail Transaction Manager employer: Porsche Retail
Contact Detail:
Porsche Retail Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Retail Transaction Manager
āØTip Number 1
Familiarise yourself with Porsche's brand values and customer service standards. Understanding what makes Porsche unique will help you align your approach when engaging with customers and coaching the sales team.
āØTip Number 2
Network within the automotive finance industry, especially with professionals who have experience in F&I roles. Building connections can provide insights into best practices and may even lead to referrals for the position.
āØTip Number 3
Stay updated on FCA regulations and compliance requirements relevant to the automotive sector. Demonstrating your knowledge during interviews will show that you are proactive and well-prepared for the role.
āØTip Number 4
Prepare to discuss specific examples of how you've successfully coached sales teams in the past. Highlighting your ability to drive performance and improve F&I results will make you a standout candidate.
We think you need these skills to ace Retail Transaction Manager
Some tips for your application š«”
Tailor Your CV: Make sure your CV highlights your experience in F&I focused automotive roles. Emphasise any relevant skills, such as knowledge of FCA regulations and experience in luxury retail environments.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the automotive industry and your understanding of Porsche's values. Mention specific experiences that demonstrate your ability to coach sales teams and optimise finance income.
Highlight Relevant Qualifications: Include any certifications or accreditations related to automotive finance, such as Specialist Automotive Finance (SAF) Expert or Advanced accreditation. This will strengthen your application and show your commitment to the field.
Showcase Communication Skills: In both your CV and cover letter, provide examples of how you've effectively communicated with customers and colleagues. Highlight your negotiation skills and ability to handle customer concerns, as these are crucial for the Retail Transaction Manager role.
How to prepare for a job interview at Porsche Retail
āØKnow Your F&I Products
As a Retail Transaction Manager, you'll need to be the subject matter expert on finance and insurance products. Brush up on your knowledge of these products and be prepared to discuss how they can benefit customers during the interview.
āØDemonstrate Coaching Skills
Since part of your role involves coaching the sales team, think of examples from your past experience where you've successfully trained or mentored others. Be ready to share these stories to showcase your leadership abilities.
āØUnderstand Regulatory Compliance
Familiarise yourself with the FCA regulations and other relevant compliance standards. Be prepared to discuss how you have ensured compliance in previous roles, as this is crucial for the position.
āØShowcase Your Customer Service Skills
Porsche values an unsurpassed customer experience. Prepare to discuss how you've handled customer concerns in the past and how you would ensure a positive experience for Porsche Centre Guildford's clients.