Financial Crime Undergraduate Placement

• 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
  

• 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

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.