Finance Renewals Specialist
About the job
- Proven experience within the automotive industry in finance renewals performance.
- A sound understanding of industry processes.
- Knowledge of Anti-Money Laundering and mitigation of Anti-Money Laundering risk in a high-value retail environment.
- A 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 various customer relationship management platforms, dealership management systems, and Microsoft packages.
- Excellent communication skills across face-to-face, telephone, and email or written channels.
- 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.
- A full driving licence.
- Highly organised, with the ability to identify gaps and opportunities in business performance.
- Excellent communication skills and the ability to influence a variety of internal and external stakeholders.
- SAF 3 Advance Qualification.
About the company
Porsche designs and builds high-performance cars plus related mobility products, with a global sales and service network. Its lineup includes 911, 718, Taycan, Panamera, Macan, and Cayenne across combustion, hybrid, and fully electric powertrains. The company differentiates itself through its racing heritage, precise handling, and a cohesive premium ownership experience across vehicles, services, and lifestyle products. Its goal is to deliver exciting, premium driving with expanding electrified options while preserving a strong international brand and customer experience.
Company Size
10,001+
Company Stage
IPO
Headquarters
Stuttgart, Germany
Founded
1931
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Simplify's Take
What believers are saying
- Capital Markets Day on 7 October 2026 will detail Sportwagenschmiede '35.
- First-half 2026 operating return rebounded to 7.8 percent, with 1.02 billion euros cashflow.
- TCS is buying MHP, while Porsche keeps AI services through a five-year partnership.
What critics are saying
- First-half 2026 deliveries fell 16 percent; China dropped 32 percent.
- Porsche booked 3.1 billion euros of charges after delaying its next-generation EV platform.
- If Sportwagenschmiede '35 fails, Porsche becomes a lower-margin VW satellite, not a premium stand-alone.
What makes Porsche unique
- Porsche's 911 stays combustion-hybrid, preserving icon status while rivals chase full electrification.
- Sportwagenschmiede '35 refocuses on desirability, exclusivity, and value-over-volume under Michael Leiters.
- Porsche secured 2.1 billion euros for Zuffenhausen and Weissach through 2035.
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Benefits
Life Assurance
DC Pension Scheme
Employee Assistance Program
Mental Health Support
Paid Vacation
Growth & Insights and Company News
6 month growth
-1%1 year growth
10%2 year growth
10%Porsche has acquired a 50% stake in aluminium casting specialist KS Alutech, effective 1 September. The sports car manufacturer purchased the share previously held by Chinese partner Hasco, whilst Rheinmetall retains the remaining 50%. The acquisition reflects Porsche's strategic focus on securing casting expertise, production capacity, and supply chains in Germany. Hasco has exited the joint venture entirely, marking a shift in KS Alutech's ownership structure towards purely German partners.
Volkswagen Group wrote down $11.5 billion on Friday, with $6.9 billion attributed to its 75% stake in Porsche. The Stuttgart-based sports car maker has seen profits decline as China sales slowed and electric vehicle production outpaced demand, with its profit margin falling below Skoda's. VW may accelerate workforce reduction plans ahead of a challenging 2026. Mercedes-Benz also warned it might close one German assembly plant and one powertrain plant unless cost savings are achieved. Workers protested yesterday at Audi, BMW, Mercedes-Benz, Porsche, and VW facilities. IG Metall union head Christiane Benner called on corporate leaders to take responsibility for Germany's automotive industry and jobs.
Porsche has sold its consulting arm MHP to Tata Consultancy Services for approximately €320 million, then immediately signed a five-year, €1.25 billion contract to buy back similar digital and AI services from the new owner. The sale comes as Porsche faces severe financial pressure. The company's operating return on sales plummeted to 1.1% in 2025 from 14.1% the previous year. Porsche booked roughly €3.1 billion in extraordinary charges tied to delaying its next-generation EV platform and pivoting back to combustion engines. MHP generated €742 million in revenue last year, meaning it sold for less than half of annual sales. Porsche is now committed to spending nearly four times the sale price over five years for comparable services. Deliveries fell 16.5% in the first half of 2026, whilst battery-electric vehicles' share in Porsche's lineup shrank from 23.5% to 19.4%.
Porsche has signed a five-year contract worth €1.25 billion ($1.46 billion) with Tata Consultancy Services for artificial intelligence deployment. As part of the agreement, TCS will acquire Porsche's IT consulting business, MHP, for €320 million. TCS will establish a specialised hub to oversee AI implementation at the German sports-car maker. The partnership aims to combine Porsche's automotive expertise with TCS's digital and AI capabilities, according to Michael Leiters, Porsche's chairman. The deal will take effect once TCS completes the MHP acquisition, which includes around 4,500 employees. TCS reported annualised AI revenues of $2.6 billion in the June quarter, up 13.6% from the previous quarter. The MHP sale forms part of Porsche's "Sportwagenschmiede 35" strategy to improve profitability and cash flow.
Porsche outlines 3 key pillars of 'strategy 2035' at Annual General Meeting. L-R: Dr Michael Leiters, CEO, Porsche AG; Dr Wolfgang Porsche, Chairman of the Supervisory Board, Porsche AG and Dr jochen breckner, CFO, Porsche AG. German luxury carmaker Porsche confirmed its financial forecast for the 2026 fiscal year and provided preliminary insights into its new 'Strategy 2035' at its 4th Annual General Meeting held on 23 June 2026. The strategy is designed to enhance profitability and strategic resilience through three primary pillars as outlined by Dr. Michael Leiters, CEO, Porsche, with full details to be presented at a Capital Markets Day on 7 October 2026. * Brand & Customer: Porsche will refocus on its sports car DNA, design and exclusivity. The strategy shifts away from volume maximisation toward a focus on desirability and value. * Products & Technology: The company plans to reduce model complexity by cutting the number of variants. Porsche will continue to invest in combustion, hybrid and electric powertrains, noting that the 911 will remain combustion-hybrid and will not move to a fully electric powertrain. * Company & Operations: Porsche is structurally streamlining its organisation at all levels and investigating increased use of Volkswagen Group modular platforms. Discussions are ongoing regarding workforce adjustments to ensure long-term competitiveness. Despite a challenging market environment, Porsche confirmed the financial targets for 2026 including 5.5 percent to 7.5 percent (factoring in EUR 800-900 million in one-off expenses and EUR 700 million in tariff costs) operating group return on sales. Group sales revenue to come at EUR 35-36 billion with automotive net cash-flow margin of 3 percent to 5 percent. Furthermore, the Board of Directors of Porsche have proposed a dividend of EUR 1.00 per ordinary share and EUR 1.01 per preferred share for FY2025. While this payout exceeds the target ratio of 50 percent of consolidated profit after tax, it represents a decrease compared to the previous year, reflecting a move to maintain financial flexibility during the current transformation phase. Dr. Wolfgang Porsche, Chairman of the Supervisory Board, reaffirmed his backing of CEO Dr. Michael Leiters, emphasising that while the necessary restructuring measures may be 'uncomfortable,' but they are essential for the company's future success.