Finance Renewals Specialist

Posted 23 Days Ago
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Sidcup, Greater London, England, GBR
In-Office
38K-38K Annually
Entry level
Automotive • Retail
The Role
Retain automotive finance customers by managing renewal opportunities, contacting customers near agreement completion, and recommending trade-in, refinancing, lease renewal, or purchase options. Assess credit profiles and equity, present compliant finance solutions, maintain customer relationships, and collaborate with sales and transaction teams to achieve renewal targets. Ensure documentation and transactions comply with FCA, lender, AML, and company requirements while providing operational support as needed.
Summary Generated by Built In

The Finance Renewals Specialist plays a key role in retaining customers by providing tailored finance solutions and guiding them seamlessly into their next vehicle or finance agreement. Working closely with the sales team, they maximise renewal opportunities, deliver exceptional customer experiences, and achieve Centre and Company objectives.

Responsibilities:

  • Drive customer retention by proactively managing finance and lease renewal opportunities.
  • Contact customers approaching the end of their finance agreements to discuss next-step options.
  • Work closely with the General Sales Manager to deliver finance renewal targets and objectives.
  • Partner with Retail Transaction Managers to create competitive and tailored renewal solutions.
  • Provide operational support and cover for Retail Transaction Managers when required.
  • Advise customers on trade-in, refinancing, lease renewal and vehicle purchase options.
  • Build and maintain strong customer relationships to encourage loyalty and repeat business.
  • Assess customer eligibility, credit profiles and equity positions to recommend suitable finance solutions.
  • Present finance products, terms and payment options clearly, professionally and compliantly.
  • Ensure all renewal activity, documentation and transactions meet FCA, lender and company compliance requirements.

Requirements

Minimum Qualifications:

  • Proven experience within the automotive industry in Finance Renewals performance
  • Sound understanding of industry processes
  • Knowledge of Anti-Money Laundering (“AML”) and mitigation of AML risk in a high value retail environment.
  • A track record of performing within a fast paced, customer facing, luxury retail environment.
  • Knowledge/ understanding of the motor industry and applicable regulatory environment
  • Comfortable at using various CRM platforms, dealership management systems (DMS) and Microsoft packages.
  • Excellent communication skills – face to face, telephone and email/written.

Desirable Qualifications:

  • Full Driving License
  • Highly organised, able to identify gaps and opportunities in business performance
  • Excellent communication skills and ability to influence a variety of internal and external stakeholders
  • SAF 3 Advance Qualification

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: 

  • £38,000 base salary with the potential to earn up to 85% of your salary as an annual performance bonus.
  • Fixed hours each week - No Sunday working. 5 days per week = Monday to Friday 8.30am to 6.00pm (with a day off in the week) and every Saturday 9.00am to 5.00pm
  • VW Group tax efficient company vehicle
  • 33 days holiday per year, with extra for long service
  • Dedicated mental health champions
  • 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

Centre:
Porsche Centre South London is located off the A20 towards Bexley. With free onsite parking and stone’s throw away from Tesco Superstore. It’s also a five-minute drive from Bannatyne Health Club and Orpington’s Retail Park.

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.

Skills Required

  • Proven experience within the automotive industry in finance renewals performance
  • Sound understanding of industry processes
  • Knowledge of Anti-Money Laundering and AML risk mitigation in a high-value retail environment
  • Track record of performing in a fast-paced, customer-facing luxury retail environment
  • Knowledge and understanding of the motor industry and applicable regulatory environment
  • Comfort using CRM platforms, dealership management systems, and Microsoft packages
  • Excellent face-to-face, telephone, and written communication skills
  • Full driving licence
  • Highly organised, with ability to identify business performance gaps and opportunities
  • Excellent communication skills and ability to influence internal and external stakeholders
  • SAF 3 Advance Qualification
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The Company

What We Do

Porsche Retail Group is a leading UK dealer group and a wholly-owned subsidiary of Porsche Cars Great Britain, formed in 2003. It operates multiple Porsche Centres across the UK, specializing in new and Approved Pre-Owned Porsche vehicles and offering comprehensive after-sales services.

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