Join Volvo Financial Services (VFS), the captive finance company within the Volvo Group. VFS provides financial services for Truck, Bus, Coach, and construction equipment within Volvo Group UK. As part of a global and diverse team, you will work with energy, passion, and respect to deliver expert financial solutions, including finance and insurance, supporting Volvo Group's sales.
Credit operates within the Credit & Risk team at Volvo Financial Services UK.
The Credit Team are responsible for the investigation and analysis of finance applications to provide balanced, informed, and reasoned commercial decisions. Credit sits at the forefront of the asset purchase process. Through detailed analysis and due diligence, Analysts provide responsible underwriting decisions to our Commercial colleagues to allow customers to fund their chosen asset purchase.
What you will do
To analyse the UK and Ireland portfolios to drive future underwriting strategy.
- To review existing Credit processes with a view to improve department efficiencies, primarily Credit decision turnaround times.
- Analyse and interpret standard commercial credit applications and verification of credit data consistency.
- General assistance to other members of the Credit team as required, in particular with actions relating to Credit and Risk
Who are you
We need someone who has good analytical skills in relation to financial and company information, alongside high levels of IT application skills, including Excel. You need to be thorough with a high level of accuracy and have strong decision-making skills in order to negotiate with internal customers.
Current degree requirements:
- Studying for a Business/Economics degree
- 2 years completed – placement between 2nd & 3rd study years.
- Academic grades on track for a first or 2:1 on their chosen studies.
What we have to offer
- Professional growth and development: Unlock your potential through various training and development opportunities.
- Pension scheme: Matched up to 5% of your salary, including death in service cover.
- Medical Insurance: Medical insurance coverage is provided by Bupa.
- Employee Assistance Programme: Take advantage of our wellness, mindfulness, and counselling services.
- Discounts on various purchases: Enjoy savings on shopping vouchers, cinema tickets, holidays, and travel.
- Fitness perks: Access MyGymDiscounts and MyActiveDiscounts. Make use of our on-site gym.
- Other benefits include Dental insurance, a Cycle-to-work scheme, and Eyecare vouchers.
Who we are and what we believe in
Our focus on Inclusion, Diversity, and Equity allows each of us the opportunity to bring our full authentic self to work and thrive by providing a safe and supportive environment, free of harassment and discrimination. We are committed to removing the barriers to entry, which is why we ask that even if you feel you may not meet every qualification on the job description, please apply and let us decide.
Applying to this job offers you the opportunity to join Volvo Group. Every day, across the globe, our trucks, buses, engines, construction equipment, financial services, and solutions make modern life possible. We are almost 100,000 people empowered to shape the future landscape of efficient, safe and sustainable transport solutions. Fulfilling our mission creates countless career opportunities for talents with sharp minds and passion across the group’s leading brands and entities.
