Full-time permanent opportunity with hybrid working in Milton Keynes

Closing date: Friday 1st August

What’s in it for you? Salary from £68,216 based on your experience, Company Car scheme – fuel and electric, Fuel Card, healthcare, discretionary bonus and 27 days holiday in addition to statutory bank holidays plus much more!

We offer hybrid working and you will need to be available for up to 3 days each week in our Milton Keynes office

As the General Manger, your priority will be to ensure effective oversight of Corporate Credit Assessment requirements in relation to Retailers and Corporate customers of Volkswagen Financial Services and Volkswagen Bank. You’ll lead the Corporate Credit team who are responsible for ongoing management of all aspects of Credit Assessment for Dealers and Corporate Customers. This involves delivery of credit reviews and recommendations (1st Vote), whilst managing credit relationships with multiple stakeholders.

You’ll also need to make sure all Corporate Credit Assessment duties and responsibilities are conducted in accordance with Organisation Manual for European Banks (OMEB) guidelines and regulations and, MaRisk principles; along with continually improving efficiency initiatives

Here’s some of your responsibilities:

• You’ll lead and motivate your team, ensuring high performance and service standards are achieved with the aim of continuous improvement in quality and efficiency
• Day to day people management activity to include recruitment, absence management, development, and performance management to ensure high employee engagement and reduced employment risks
• Responsibility for the ongoing and appropriate preparation of corporate credit assessments along with timely submission of reviews, with supporting proposals in line with 1st Vote guidelines and responsible lending protocols
• Identification, control and monitoring of Retailer and corporate customer performance and associated credit limits in accordance with agreed procedures to ensure all commercial opportunities are maximised and risks mitigated
• Work collaboratively with VWFS Sales and Fleet to manage the relationships with the Retailers and Corporate customers in terms of credit assessment & securities, funding requirements and approved facility utilisation
• Responsible for managing the relationships with all Brands and Group Network Development in respect of funding requirements in relation to franchise standards and representation strategies across Volkswagen Group networks
• You'll take part in relevant VW Group, Bank and VWFS forums and committees to include Dealer Risk committees
• Monitor performance of Corporate Credit Assessment function via regular production and ongoing development of MI, KPI’s, dashboards and business reports
• Regular meetings with the Head of Corporate Credit Assessment and Retailer Services and General Manager – Corporate Credit Assessment (2nd Vote) to discuss any credit reviews issues, problem areas; developing improvements in the delivery of Credit Assessment strategy
• Ensure all daily activities comply with OMEB regulations and are conducted in a timely manner
• Provide key updates as required to senior management, including Bank, VWFS and HQ colleagues
• Identify, recommend and develop improvements across the Corporate Credit Assessment area and champion IT systems change requests to progress efficiencies and service provision
• Manage, co-ordinate and report all aspects of any Corporate Credit Assessment related audit points and ensure progress
• Local Exposure Leader (LEL), supporting the Central Exposure Leader (CEL) for the fulfilment of internal and external requirements from a local perspective with the main tasks being as below:
• Implementation of an adherence to the instructions of the CEL in the context of legal, internal and external requirements
• Implementation of the instructions of the CEL with respect to the exposure in the context of the credit decision
• Correct and immediate information to the CEL, particularly if changes occur with reference to the exposure
• Support / coordination of the processing of the local credit application including the local collection and checking of the relevant documents
• Local confirmation that the relevant data for large exposure monitoring and for external reporting if requested are forwarded correctly. The necessary local reporting and control processes are to be anchored in local work instructions
• Reporting any irregularities with respect to the exposure under his responsibility or with respect to the disregard of legal, internal and external requirements to the CEL

This is the experience you can bring to this key role for us:

• You have extensive Banking and Credit experience, or you have worked in financial services within automotive
• Management experience within a Credit Management environment with evidence of leading and developing a team(s) in a regulated business, supporting ongoing development
• Your leadership skills extend to managing projects and initiatives and, managing your own development
• You understand and interpret complex financial information, to make sound business and credit decisions
• Manging your own work and organising a team demonstrating that you can manage multiple routine deliverables whilst also developing strategic and complex solutions
• You’re positive, you delegate, your target driven. You understand the best way to drive performance and have the confidence to challenge
• Agile approach and you’re able to embrace change, learn fast and adapt to new conditions
• You can influence decision makers and you are comfortable to make decisions when faced with ambiguity
• You’re tenacious, focused and determined to get things done effectively, looking for solutions to overcome difficulties

We are passionate about employee development and offer ongoing support and training to help people achieve their career aspirations. Whether that is to become the next leader within our business or to develop your current tool kit of skills, we support many cross-functional opportunities. We want you to achieve at your best and enjoy a successful career with us!

About Volkswagen Financial Services

Our mission is straight forward, we want to be 'The Key to Mobility'. What does that mean? To 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.

Volkswagen Financial Services is committed to being an inclusive employer and we welcome applications from everyone. Diversity and Inclusion is not just a statement for us and we are nurturing an environment where everyone can be their 100% self. If there is anything we can do to support you being your 100% self during our recruitment process, please let us know and we will support you as best we can