Territory Manager VFS Latvia - VFS EMEA, Central East North


The Territory Manager (TM) represents Volvo Financial Services Latvia (VFS LV) through strong, loyal, value-added working relationships with our Volvo Truck, Renault Trucks, Volvo Construction Equipment and Volvo Bus distributors and OEM counterparts and our mutual retail customers. TM is responsible for the execution of the commercial activities of the Volvo Financial Services (VFS) in Latvia to ensure the achievement of VFS sales, yield, market penetration, customer satisfaction and productivity objectives. TM’s activities are almost exclusively directly related to actual sales and are customer facing. TM works effectively as an integral part of VFS operations to provide service to all stakeholders in the best possible way. TM must achieve their measurable sales and operational results and display specified core skills and behaviors.


  • Execute sales & marketing strategies towards the achievement of the respective Business Area profitability and sales objectives

  • Execute the captive approach and sales & marketing process according to defined standards

  • Maximize growth and new business development with a strong focus on interest spread, fee income and After Tax Return on Equity (ATROE) while increasing the quality of the VFS LV portfolio

  • Systematically manage deliveries, penetration and managed assets to ensure business performance

  • Manage local key accounts to achieve goals and develop business relationships

  • Proactively seek opportunities to enhance service offerings using local knowledge and customer relationships

  • Build strong working relationships with the respective Business Area sales team

  • Implement the local commercialisation of new products and services

  • Proactive selling fee income services at the Point of Sale (POS)

  • Proactive POS quoting to appropriate segments in line with pricing strategy

  • Increase market coverage by improving volume and effectiveness of quotations using VFS quotation software application

  • Execute campaigns and generate transactions meeting business plan and supporting Business Area and dealers objectives, ensuring alignment with company regulatory and tax requirements

  • Assist in the development of a quality and balanced credit portfolio

  • Provision of assistance regarding debt collection and risk management activity as and when requested

  • Review, report and follow up the performance of service performance / contracts providing feedback to appropriate VFS and product staff

  • Assist in accurate reporting of performance and forecasting of sales performance and its reporting within Latvia

  • Coach more junior field sales force in the achievement of sales and yield objectives

  • Actively participates as a member of the VFS Baltic team to share best practices and procedures and serve our customers and dealers in the best possible way

  • Follows all Volvo Group and VFS employee practices and policies including, but not limited to, the Volvo Group Code of Conduct, Travel and Entertainment and Company Car policies


  • University degree typically not required but knowledge of Business, Finance or Marketing is needed

  • Typically, minimum of 3 years of experience in selling financial products related to commercial vehicles and equipment financing and managing performing credit portfolio

  • Knowledge of commercial vehicle and business solution market

  • Proven expertise in financial analysis including the ability to analyze financial statements and operations

  • Understands the principles of leasing; tax aspects, cash management, off-balance sheet, and lease versus buy decision making

  • Typically, minimum of 2 years of sales training and management experience

  • Previous experience in working in an international environment


  • Customer focus: Establishes and maintains effective relationships with customers and colleagues. Gains their trust and respect and is committed to customer satisfaction.

  • Integrity and trust: Seen as a direct, truthful individual who presents facts in an appropriate and helpful manner, keeps confidences and admits mistakes. Can resolve different points of view constructively.

  • Has a thorough understanding of the business of our customers including dealers and Business Areas and is committed to maximize customer value through our products and services

  • Demonstrates excellent sales and negotiating skills

  • Is able to perceive and interpret relevant information and translate it into result-oriented actions

  • Is strong and consequent in execution

  • Is target-driven, self-motivated and tenacious in achieving the set objectives

  • Displayed problem solving and customer service skills in a financial products environment

  • Proven excellent verbal and written communication skills


  • Proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint) is required

  • Fluent in Latvian language

  • Advanced level in reading, writing and speaking English and Russian

About Us

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines under the leading brands Volvo, Renault Trucks, Mack, UD Trucks, Eicher, SDLG, Terex Trucks, Prevost, Nova Bus, UD Bus and Volvo Penta.

Volvo Financial Services is the global financial solutions provider of the Volvo Group, supporting the Volvo Group brands with expert financial services. This includes providing customers and dealers with a full-range of offerings, such as financing, leasing, and insurance solutions. Our team of about 1,400 professionals are located in 45 countries worldwide. As a part of the Volvo Financial Services team, you will experience challenging assignments, gain international exposure, and interact with colleagues around the world in the Volvo Group.

We want to get to know you

Application Process


An email confirmation will be sent as soon as you submit your application. After this, it is still possible to update your personal profile.


If selected for an interview, you will be contacted with information about the following process steps: second interview, assessments and references.


All candidates will be notified when a final candidate is selected for the job. You can choose for us to keep your resume in our database and activate a search agent that will look for other jobs that match your profile.


When you begin your employment, you will receive an introduction to help you quickly become part of the team and start working with your tasks in the best possible way.


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