IT Risk and Security Undergraduate Placement

Overview

IT Risk and Security Undergraduate Placement at Volkswagen Financial Services (UK). Location: Milton Keynes. Closing Date: 30 September 2025. Salary: £22,912.50 pa. Contract: 12-13 months FTC. Hybrid working: we operate a hybrid policy where undergraduates work in the office 3 days per week; there may be times when you will need to be in more frequently depending on business needs. Eligibility: you must be studying for an undergraduate degree that requires a placement year. Master’s students are not eligible for this placement. Please consider relocation/commuting if you live more than 60 minutes away from MK15 8HG.

We are looking for two IT Risk and Security Undergraduates to join our team and develop invaluable IT risk and security experience. In this role, you will contribute to the development and implementation of enterprise-wide security and governance capabilities to adapt to evolving threat scenarios while supporting IT and organisational objectives.

What will you be doing?

• IT Security: Generating reports for monitoring and analysis; monitor and respond to mailbox inquiries; manage system alerts and incidents; support the Cyber Security team in continuously improving the security position; assess the security posture of third-party suppliers.
• IT Risk: Support IT risk function with managing IT risk; work with IT supplier management to monitor and collate risks relating to outsourced VWFS UK partners and third parties; plan, develop and conduct training for employees in risk management processes.

Both Roles Will

• Support ongoing monitoring and analysis of IT vulnerabilities and risks to ensure they remain within tolerances and on plan.
• Develop, manage and support IT security and risk monitoring and reporting activities to enable transparent managerial decision making.
• Coordinate IT security and risk assessments to identify deficiencies across the organisation.
• Collaborate with multiple IT managers to develop and embed analytics.
• Plan and coordinate regulatory-driven processes and remediation activities to ensure mitigating actions are delivered effectively.
• Plan, develop and conduct regular training for employees in risk management, policy and processes.

What are we looking for?

• Currently studying a degree in IT, Computing, or a related field.
• Strong attention to detail with a methodical and structured approach.
• Ability to remain calm, organized and pragmatic when faced with multiple priorities.
• Ability to take ownership of problems and proactively resolve them.
• Ability to research and pull information together to support projects and initiatives.
• Clear verbal and written communication with the business.
• MS Office proficiency, especially Excel and Word.

Why apply for an undergraduate placement with VWFS?

VWFS offers early professional experience, with a cohort of around 49 undergraduates per year, providing opportunities to build knowledge and networks through the programme.

You’ll Also Benefit From

• Personal development focus with access to LinkedIn Learning via our Degreed platform and a bespoke development programme covering personal management, technical and soft skills, including relationships, presentation, IT skills and data literacy.
• A supportive environment and network of colleagues; positive feedback from current undergraduates.
• Opportunities to work on real-life business projects and contribute to topics like sustainability.
• Subsidised onsite canteen and coffee shop; subsidised onsite restaurant.
• Employee Resource Groups supporting an inclusive workplace; social, team events and volunteering opportunities.
• Onsite wellbeing centre for physical and mental health support.

Discretionary Benefits

• Discretionary bonus based on personal and group performance (pro-rated).
• Car schemes and car insurance options.
• Employer pension contribution of 9% (based on 3% employee contribution); VWFS may contribute 6% if employee contributes 2%. from day 1 we provide income protection, life assurance (4x salary), will writing, retail discounts, Care Concierge access. Private medical insurance available after probation.

Recruitment Process

• Apply with CV and cover letter; answer application questions.
• Situational Judgement Test to assess approach to situations.
• Online video interview to tell us more about yourself.
• In-person Assessment Centre at our Milton Keynes office with managers and current undergraduates.

Please note: Our undergraduate placement roles do not meet the UKVI skilled worker sponsorship criteria, therefore we are unable to accept candidates requiring sponsorship for this role.

Equal Employment Opportunity: Volkswagen Financial Services (UK) is an equal opportunity employer and does not discriminate on the basis of race, religion, gender, sexual orientation, age, disability, or any other status protected by law.