Internal Control Placement

JOB TITLE: Internal Controls Placement

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

CLOSING DATE: 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 for this placement.

Are you a motivated, analytical individual interested in a fast-paced role? We are looking for an undergraduate to join our Internal Controls team as an Internal Controls Undergraduate. In this position, you will play a vital role in ensuring that our business objectives are met while managing and mitigating operational and business risks. With a primary focus on financial crime detection and prevention, corporate governance, and business continuity management, you will be exposed to a wide range of activities, allowing you to develop a broad understanding of the industry and contribute to the overall success of our organisation.

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

• Working with the Financial Crime team to protects the business from financial crime across all portfolios engage in a pro-active approach to the prevention, detection and disruption with investigations, analysis, clear and accurate documentation, use of and provision of criminal intelligence to the appropriate authorities.
• Support with the preparation of Suspicious Activity Reports (SARs) in line with the Proceeds of Crime Act and Terrorism Act, for approval and submission to the National Crime Agency as and when suspicion or knowledge arises.
• Produce clear and accurate witness statements to support reports of fraud or theft, providing exhibits for evidencing purposes for use in Court.
• Responding to data protection requests and ensuring compliance with relevant regulations.
• Operate with appropriate framework of policies and controls for assessing and monitoring the financial crime risk.
• Collaborating with the Credit Assessment team to support risk assessment and decision-making processes.

About you:

• Studying towards a business-related degree.
• Demonstrates an understanding of regulatory principles, sources, and interpretation.
• Ability to work independently and handle responsibilities with confidence, while also collaborating effectively within a team environment.
• Excellent communication skills and the ability to build relationships with various stakeholders across the organisation.
• Demonstrates an understanding of regulatory principles, sources, and interpretation

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 colleagues so that you can support each other throughout your placement year
• 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.

ADZN1_UKTJ