Internal Audit Placement

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Internal Audit Placement

The Internal Audit function provides independent advice on the organisations’ risks and controls and works with the business to identify and implement improvements where needed and ensure best practice measures are in place.

This is mainly achieved by conducting audit engagements to help the business accomplish its objectives. The team brings a systematic approach to evaluating and improving processes and contributes towards continuous improvement across the business.

Responsibilities include:

During your placement year you will assist the team in planning and performing various internal audits across the business and get involved in the follow-up process to close the audit actions that have been raised.

You will gain exposure to various departments within the business and develop a network of key contacts in each of these areas. We will also support you in developing an understanding of the regulatory environment for the Financial Services sector in the UK and the Banking sector in Germany.

Work with a fast paced, busy Internal Audit team to plan and perform operational, financial and compliance audits as well as IT audits depending on what you’re studying

Support the Internal Audit team to prepare, coordinate, perform and follow up on joint audits with the Corporate Internal Audit team at VWFS Germany

Develop an understanding of the standards and best practices set out by the Institute of Internal Auditors and the Corporate Internal Audit team of VWFS

Assist in the follow up of audit findings with the Internal Audit team

Support the team in preparing various reports for the Board of Management in the UK and Head of Corporate Internal Audit in VWFS Germany

Assist the Internal Audit team in maintaining key documentation used within the Internal Audit Department, e.g. internal template questionnaires, checklists and manuals, and proactively make suggestions for continuous improvement.

About you:

Studying towards a Business related or Computer Science degree.

Demonstrates an understanding of regulatory principles, sources and interpretation.

Good interpersonal and team player skills

Resilient and self-motivated with the capability to work under own initiative

Ability to learn and apply new or unfamiliar knowledge quickly

Methodical, analytical and disciplined approach to work with an eye for detail

Strong written and verbal communication skills.

Knowledge of MS Office applications such as Excel and Word

An interest in the Automotive and Financial Services sectors

What you’ll get: (apart from a wealth of experience for the future…)

Earn whilst you learn and receive a competitive salary of £17,500 per annum plus discretionary bonus and access to company pension scheme

A fun and sociable workplace to start your career - You’ll be joining a cohort of around 50 undergraduates so you’ll have a large group of colleagues so that you can support each other throughout your placement year.

Participate in LifeSkills workshops, designed specifically for our Undergraduates

Access to a discounted loan car scheme which means driving 2 brand new vehicles during your placement (a great way to make your mates jealous when you visit them at Uni)

Chance to make a difference in the local community with various volunteering opportunities

Onsite wellbeing centre – think lunchtime massages, onsite HIIT classes and health check-ups

There will be a hybrid blend of working in our office based in Milton Keynes and working from home.

Volkswagen Financial Services is an inclusive employer and we welcome applications from everyone.

About Volkswagen Financial Services

Here at VWFS, we provide finance and insurance services to customers across the entire Volkswagen Group in the United Kingdom. The Group includes some of the world’s most iconic automotive brands, like: Audi, SEAT, Skoda, Volkswagen, Bentley, Lamborghini, Porsche, Bugatti, Ducati, Scania and MAN.

We strongly advise that you do not apply for more than one placement role to ensure that you are considered for the placement that you are more interested in and your skills are aligned to.

How to apply

To apply for this role and to find out more, please click on the apply button.

Applications may close before the deadline, so please apply early to avoid disappointment.

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