Compliance Undergraduate Placement

Location:                        Milton Keynes

Closing Date:                 30th September 2025

Salary:                             £22,912pa

Contract:                        12-13 months FTC   Start dates are usually in June/July

Hybrid working:            We want you 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).

Our Compliance Team are looking for a Compliance 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.

What will you be doing?

• 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

What are we looking for?

• Studying a degree in Business, Law or other related degree, with the desire for a career in Compliance
• 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
• Self -motivated, with excellent organisational skills and ability to use own initiative

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

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.