Risk Placement - Milton KeynesJOB TITLE: Risk Management Placement LOCATION: Milton Keynes CLOSING DATE: Wednesday 5th March 2024 SALARY: £22,250, 27 days holiday plus Bank Holidays, loan car scheme, pension and a discretionary bonusCONTRACT: June 2025 - June 2026To 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. Please consider before applying if you live more than 60 minutes away from post code MK15 8HG, that you would need to relocate to either Milton Keynes or be a commutable distance (within 60 minutes).Our Risk Management team plays a pivotal role in working with the data produced by the business to identify and monitor credit risk across all Volkswagen Financial Services portfolios. You will create and deliver reports for management to explain the story behind the numbers. Our team has responsibility for credit risk management and are a key part in ensuring the financial success of Volkswagen Financial Services UK (VWFS).If you are passionate for data analysis, problem solving eager to take on real responsibilities, and thrive in a supportive and challenging environment, these placements could be for you.This is what your time at Volkswagen Financial Services might look like: Responsible in producing all daily credit risk reporting for our corporate customers.Support the production of the monthly and quarterly reporting and support the submissions of the monitoring templates as requested by Head Quarters in Germany.Production, monitoring and analysis of Key Performance Indicators (monthly) and add commentary relating to the risk status of the portfolio.Analyse and investigate changes and movements in reported financial figures.Production of defined reports to support the Corporate non-dealer and Truck and Bus risk meetings with the appropriate business units such as Fleet supply.Provision analysis to support the risk and finance departments.Responsible for monthly data manipulation and PowerPoint presentation for Credit and Lending Risk CommitteeAbout you:You will be studying towards a degree, preferably Economics or Business relatedGood knowledge of Excel and willingness to learn other data reporting programmesHave excellent organisation skills with the ability to deal with a variety of tasksUse your own initiative to answer questions and solve issuesBe able to communicate clearly with the business both verbally and in writingBe able to analyse, interpret data and communicate your findings What we can offer you:Salary of £22,250 per annum plus discretionary bonus and company pension schemeA wealth of experience and a fun and sociable workplace to start your careerYou\\\'ll be joining a group of 49 undergraduates, so you\\\'ll have a large group of peers to work alongsideAccess to Life Skills workshops, designed specifically for you as an undergraduateOpportunity to join a discounted loan car schemePhysical and mental health support with our onsite Wellbeing CentreHybrid blend of working at our office based in Milton Keynes and working from homeHere\\\'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. To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing. We do this by providing a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems and support our customers.Volkswagen Financial Services is 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 being your 100% self 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. Next Steps: The assessment centre for this role will be held on Thursday 20th March 2025 and if successful in being offered the role you will be invited to a Familiarisation Event on Tuesday 1st April 2025. Both dates will be at our Milton Keynes offices.