Compliance Placement

JOB TITLE: Compliance Placement

LOCATION: Milton Keynes (hybrid 1-3 days in the office required per week)

CLOSING DATE:Monday 30th September 2024

SALARY: £22,250, 27 days holiday plus Bank Holidays, loan car scheme, pension and a discretionary bonus

CONTRACT: June 2025 - June 2026

To apply for our undergraduate placement scheme, you must be studying for an undergraduate degree that requires a placement year. Master's students are not eligible.

Our Compliance Team are looking for an undergraduate to help support the team in ensuring regulatory compliance and managing risks. In this fast-paced environment, you will contribute to our team's success by assisting with financial services regulation, compliance monitoring, corporate finance, and governance. In this role you will learn valuable skills and methods to develop your expertise in Legal and Compliance approaches. This role offers a unique opportunity to gain hands-on experience and be part of a dedicated team committed to supporting our business and customers.

This is what your time at Volkswagen Financial Services might look like:

• Supporting the Compliance team with summarising and assessing the impacts of changes by identifying the risks associated with business activities.
• Collaborate with stakeholders to prepare the monthly committee meeting pack by producing, managing and organising management information.
• You will manage the compliance policy inbox used for advising on compliance matters across the business.
• Maintain a register of the changes to the regulatory landscape and communicate the changes to the relevant stakeholders across the business.
• To support with tracking and following-up findings and actions identified because of monitoring and review work.
• To assist and take ownership in updating and maintaining the Compliance intranet page.
• Assist in the maintenance of a regulatory policy suite to ensure it remains up to date with regulatory requirements and ensure that it is effectively communicated to staff.

About you:

• Studying a degree in Business, Law or other related degree, with the desire for a compliance career.
• You possess great interpersonal skills and are a team player.
• Resilient and self-motivated with the capability to work under own initiative.
• Methodical, analytical with a disciplined approach to work and the ability to learn and apply new or unfamiliar knowledge quickly.
• Strong written and verbal communication skills with a high attention to detail.
• Excellent PC skills, especially MS Office applications such as Excel and Word.

What we can offer you:

• Salary of £22,250 per annum plus discretionary bonus and company pension scheme
• A wealth of experience and a fun and sociable workplace to start your career
• You'll be joining a group of 49 undergraduates, so you'll have a large group of peers to work alongside
• Access to Life Skills workshops, designed specifically for you as an undergraduate
• Opportunity to join a discounted loan car scheme
• Physical and mental health support with our onsite Wellbeing Centre
• Hybrid blend of working at our office based in Milton Keynes and working from home

Here's what our process looks like:

• Apply and upload your CV, covering letter and answer a few application questions.
• You'll then be invited to complete a Situational Judgement Test. This is a short multiple-choice question set to understand how you may approach situations.
• If you pass this stage, you will be invited to complete an online video interview where you will have the opportunity to tell us more about yourself.
• If successful, your final step in the journey is to attend an assessment centre at our Milton Keynes office where you will take part in a group exercise, complete a short interview and deliver a presentation. You'll also meet some of our managers and our current Undergraduates to find out more about a placement year with us.

About Volkswagen Financial Services UK Limited:

Our mission is straight forward, we want to be 'The Key to Mobility'. What does that mean? To make getting from A-to-B as easy and simple for as many people as possible.

In our ever-changing world, this can be a challenge, so we aim to foster an openly entrepreneurial, pioneering environment, focussed on your mobility needs.

To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing.

We do this by offering a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems.

Volkswagen Financial Services are committed to being an inclusive employer and we welcome applications from everyone. Diversity and Inclusion is not just a statement for us, and we are nurturing an environment where everyone can be their 100% self. If there is anything we can do to support you during our recruitment process, please let us know and we will support you as best we can.

Our undergraduate placement roles do not meet the UKVI's criteria for the skilled worker sponsorship route, therefore we are unable to accept candidates requiring sponsorship for this role.

Please do not apply for more than one placement role. This will ensure that you are considered for the placement that you are most interested in, and your skills are aligned to.

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