SALARY: £48,109 to £60,137 pa dependent on experience
LOCATION: Milton Keynes
HYBRID WORKING:
Our current hybrid working policy requires 20% of working time to be based in the Milton Keynes office however flexibility is expected to meet the needs of the business and the role.
HOURS / CONTRACT TYPE : 35 p/w full time permanent
CLOSING DATE: 9th September 2025
We reserve the right to close the advert earlier If we receive a high volume of applications.
We're looking for a Corporate Credit Assessment Operations Manager to manage our team of Corporate Credit Analysts and Corporate Credit Specialists
In this important role, you'll be responsible for implementing robust controls to support compliant Corporate Credit Assessment decision making aligned to the European Central Bank (ECB) regulation and requirements of Volkswagen Bank's European Organisational Handbook (E-OHB). You will have an underwriting mandate of £10m and will also have a portfolio of corporate credit customers
What You'll Be Doing
* Your £10m mandate will be for approval or decline for VWFS UK Fleet proposals and VW Bank UK wholesale products. And, you'll be the gate keeper for Corporate Credit Assessment 1st vote process and procedures to ensure the function is "audit ready"
* Preparing credit applications and making recommendations for VWFS and VW Bank which includes credit limits, supporting securities and lending conditions
* Supporting and developing your team to perform at their best, role modelling effective leadership to enable a positive and inclusive culture
* You'll conduct quality assurance activities to ensure your team meet or exceed the ECB and FCA regulations. And, you'll also conduct annual reviews for your portfolio of customers within structured schedules
* Work across the department to implement reporting for Data Processing requirements and the Corporate Risk Committee Review submissions that reflect customers credit status
* You'll take ownership for ensuring all corporate customer data is securely captured and maintained in relevant systems for example: Experian, KYC checks, Anti Money Laundering checks and End of Reviews including Limit Switches and any lending conditions
* Implementing efficiencies between VWFS and Corporate Credit Assessment ensuring workflows support sales channels for our Fleet customers
What You'll Bring
You'll be an experienced manager who can engage, motivate, inspire and develop your team through effective coaching and performance management
You'll have worked in this capacity or environment previously with advanced financial knowledge so you can interpret and analyse balance sheets and make informed recommendations for lending and required security
Essential Experience & Skills
* Experience in a regulated organisation to support setting standards of behaviour, culture and performance are embedded within your team and the wider function
* Coaching and mentoring, managing performance and delivering meaningful feedback
* You are analytical and can use this skill to understand customer financial performance and, develop reporting to effectively analyse and monitor portfolio performance
* You're a great communicator across all of your stakeholders and you have the integrity to stand by your decisions even when you're under commercial pressure
* Excellent organisation skills, you can manage multiple tasks and manage your time effectively to meet deadlines while supporting and developing your team
* You may have already held responsibility for 1st Vote credit applications in a previous role and fully understand what this means
What's in it for you?
Bonus:
Discretionary 10% on-target bonus (based on personal and Group company performance)
Pension:
Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution.
Car schemes*:
Choice of Employee Car Ownership (ECO) scheme for petrol/diesel and hybrid vehicles plus car insurance
OR
Company Car scheme for Battery Electric Vehicles (BEVs) plus car insurance cover for you and a partner/eligible family member.
Other benefits:
From day 1 we provide
income protection, life assurance
(4x salary),
retail discount vouchers
, access to
Care Concierge
(a service to support carers of adults), along with other salary sacrifice options including a
will writing service
and
cycle to work
(subject to scheme restrictions).
Following successful completion of probation, you will have access to
private medical insurance
for you (with the option to buy additional family cover),
access to our loan car scheme for up to 2 cars
for your partner or eligible family members (subject to scheme restrictions) and during our annual benefit window you can purchase
critical illness cover
and
dental cover
, so you can select the benefits that matter to you.
We invest in our people and are passionate about driving development. You'll have access to
LinkedIn Learning
via our Degreed platform as well as a host of
professional development programmes and opportunities
to build your technical and soft skills so you can further develop your career. We also offer
mentoring schemes
and
reciprocal partnerships
recognising that we can all learn from each other in the flow of work.
,
Why join VWFS UK?
You'll have the opportunity to make a difference through using your skills and business acumen, to balance risk appetite with commercial requirements in the Fleet channel, approving deals that balance risk and commercial returns, helping us to achieve our mission.
Our mission is straight forward; we want to be 'The Key to Mobility'. That means we make getting from A-to-B as easy and simple for as many people as possible. To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing. We do this by providing a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems and support our customers.
No candidate will meet every single desired qualification. If your experience looks a little different from what we've identified and you think you can bring value to the role, we'd love to learn more about you
VWFS is proud to be an inclusive employer and encourages applications from a diverse range of candidates. Diversity, Equity & Inclusion isn't just a statement for us, we encourage and aspire for all our colleagues to be their 100% self. If you need any reasonable adjustments to assist you with the application and/or recruitment processes, please contact our Resourcing Team.