£23,900 Per Year
Job description
Closing Date: 30th September 2026
Salary: £23,915.49
Contract: 12-13months FTC Start dates are usually in June/July
Hybrid working: We want you to get the best out of your placement, so we operate a hybrid policy where undergraduates work in the office 3 days per week. There may be times where you will need to be in more frequently depending on the needs of the business.
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.
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).
We're looking for an undergraduate to join our Risk team as a Risk Reporting Undergraduate where you will produce and analyse credit risk reporting for VW Bank wholesale dealer portfolios. This role is ideal if you enjoy data, finance, reporting discipline and using analysis to explain movements in portfolio performance. If you want a wholesale credit risk and dealer portfolio reporting placement where your work contributes to real business outcomes, we want to hear from you!
What will you be doing?
• Produce daily credit risk reporting for Wholesale dealer customers.
• Support monthly and quarterly reporting and HQ monitoring template submissions.
• Produce, monitor and analyse monthly KPIs with commentary on risk status.
• Analyse and investigate changes and movements in reported financial figures.
• Provide analysis to support Risk and Finance departments.
• Produce monthly data manipulation and PowerPoint materials for the Residual Value Committee.
• Reconcile data between provision models using different accounting methods.
• Produce weekly Factoring process and payment requests.
• Deliver ad hoc reporting and analysis for Risk Management and the Credit and Asset Risk Director.
What are we looking for?
• Studying towards a degree, preferably Economics or Business related.
• Highly numerate with proven mathematical skills and ability to understand the story behind the numbers.
• Good Excel knowledge and willingness to learn other data reporting programmes.
• Experience using Python would be beneficial.
• Interest in Finance or Financial Risk.
• Methodical, disciplined and able to organise workload to meet strict deadlines.
Here at VWFS you'll be able to kick start your professional experience in the workplace. We take on 49 undergraduates each year which we find really helps our undergraduates as you all go through the programme, building your knowledge and networks together.
You'll also benefit from:
• A focus on personal development with access to LinkedIn Learning via our 'Degreed' platform and a bespoke development programme throughout your placement year delivering personal management, technical and soft skills including building successful relationships, presentation skills, IT skills and data literacy.
• A supportive environment and network of colleagues to help you get your best out of the year - in a recent survey, 100% of our undergraduates said they felt valued and supported.
• The opportunity to work on real life business projects and deliver impact around topics like sustainability.
• Subsidised onsite canteen and coffee shop
• Subsidised onsite restaurant with a range of hot and cold breakfast and lunches.
• Employee Resource Groups supporting an inclusive workplace
• Social gatherings and team events & volunteering opportunities.
• Physical and mental health support with our Onsite Wellbeing Centre
Discretionary benefits include:
Bonus: Discretionary bonus based on both personal and Group company performance(pro-rated)
Car schemes*: The opportunity to join our popular car scheme plus car insurance cover.
Pension: Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution. From day 1 we provide income protection, life assurance (4x salary), will writing, retail discount vouchers, access to Care Concierge (a service to support carers of adults). Private medical insurance is available following successful completion of probation.
What our recruitment process looks like:
• Apply and upload your CV, covering letter and answer a few application questions.
• You'll be invited to complete a Situational Judgement Test. This is a short multiple-choice question set to help us 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 last step in the journey is to attend an in-person Assessment Centre at our Milton Keynes office. You'll also meet some of our managers and our current undergraduates to find out more about a placement year with us.
Please note: 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.
*More information about car schemes
Our current car schemes are under review following changes in legislation from HMRC and so whilst we don't have full details of our car scheme to share with you now, we will let you know what this looks like as soon as we are able.
Please do not apply for more than one placement role with us. This will ensure that you are considered for the placement that you are most interested in, and your skills are aligned to.
Extra information
- Status
- Open
- Education Level
- Secondary School
- Location
- Milton Keynes
- Type of Contract
- Full Time Jobs
- Salary indication
- £23,900 Per Year
- Published at
- 04-09-2026
- Full UK/EU driving license preferred
- No
- Car Preferred
- No
- Must be eligible to work in the EU
- No
- Cover Letter Required
- No
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