Volkswagen Financial Services (UK)
Compliance Undergraduate Placement
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Location: Milton Keynes
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 Legal and Compliance team as a Compliance Undergraduate where you will support colleagues who help protect VWFS from regulatory and compliance risks. You will gain broad exposure to financial services regulation, compliance monitoring, regulatory change, committee governance and customer-focused risk management. If you want a regulatory and governance placement where your work contributes to real business outcomes, we want to hear from you!
What will you be doing?
- Maintain a register of regulatory landscape changes and communicate relevant updates to stakeholders.
- Support the team in summarising and assessing the impact of regulatory changes on business activities.
- Help manage the compliance policy inbox used to advise on compliance matters across the business.
- Support preparation of monthly committee packs by gathering and organising management information.
- Lead, organise and minute Compliance Team meetings.
- Observe monthly committee and forum meetings where appropriate.
- Support compliance monitoring reviews through scoping, testing and reporting stages.
- Coordinate regulatory returns across the business as requested by the FCA and VWFS AG.
- Support business projects and opportunities across Data Protection and Legal where required.
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What are we looking for?
- Studying towards a Business, Law or related degree, with a genuine interest in compliance.
- Keen to build regulatory knowledge and contribute to integrity, accountability and good customer outcomes.
- Good interpersonal skills and a strong team-player approach.
- Resilient, self-motivated and able to work under own initiative.
- Able to learn and apply unfamiliar knowledge quickly.
- Methodical, analytical and disciplined, with high attention to detail.
- Strong written and verbal communication skills.
- Excellent IT skills, especially PowerPoint, Excel and Word; experience using AI tools would be beneficial.
Why apply for an undergraduate placement with VWFS?
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
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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.
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