Corporate Credit Manager

SALARY: Up to £60,137.00 pa dependent on experience

LOCATION: Milton Keynes

HYBRID WORKING: Our current hybrid working policy requires a minimum of 60% of working time to be based in the Milton Keynes office; flexibility is expected to meet the needs of the business and the role.

HOURS / CONTRACT TYPE: Full Time Permanent, 35 hours per week

CLOSING DATE: 05/01/2026 We reserve the right to close the advert earlier if we receive a high volume of applications.

We're looking for a Corporate Credit Manager to ensure effective credit assessment and ongoing management for Volkswagen Bank's Retailers and the corporate customers of VWFS. This compliance-focused and analytical role will be instrumental in safeguarding financial integrity by managing all aspects of credit assessment and funding in line with OMEB guidelines and MaRisk principles. We're seeking someone with proven credit management experience for large corporate clients and a strong understanding of the automotive industry, who can bring expertise and insight to support robust decision-making.

• Conduct credit assessments for corporate customers, analysing borrowing requirements, financial information, and complex structures to prepare proposals in line with OMEB guidelines and responsible lending protocols.
• Regularly review credit positions, considering economic factors and ESG impacts, to recommend lending conditions.
• Ensure compliance with regulations including KYC, AML, Financial Crime, and responsible lending.
• Negotiate facilities and securities, liaising with external parties and managing stakeholder expectations throughout the process.
• Monitor customer performance against agreed conditions using KPIs and dashboards, ensuring compliance with UK and German banking procedures.
• Identify and mitigate financial risk, implementing additional controls where necessary to minimise exposure.
• Manage customer closures, terminations, and failures in collaboration with Corporate Credit Assessment (2nd Vote).
• Oversee vehicle stock audits and ensure adherence to funding agreements.
• Build strong relationships with customers, brands, and internal teams, undertaking visits as appropriate.
• Work with Sales and Fleet teams to agree pricing and products, maximising business performance and lending opportunities.
• Provide timely updates to colleagues and senior management on material developments.
• Stay informed on Volkswagen Bank and VWFS products, banking regulations, and MaRisk principles to ensure compliance and identify additional sales opportunities.

You'll be a trusted expert in corporate credit management, bringing strong analytical skills and commercial awareness. You will also excel in building relationships and influencing stakeholders at all levels.

You'll have a passion for managing risk effectively, with a focus on accuracy, compliance, and adding value through informed decision-making.

• Proven experience in Financial Services, banking, or motor industry.
• Background in credit management for large corporate clients within a regulated environment.
• Degree-level education or relevant professional qualification; strong understanding of balance sheets, ratios, and securities.
• Ability to interpret complex financial data and make sound credit decisions, even with incomplete information.
• Excellent organisational skills with the ability to manage multiple priorities and meet deadlines.
• Strong interpersonal and stakeholder management skills; confident in influencing and negotiating.
• High level of drive, adaptability, and resilience with a solution-focused approach.
• Proficient in Microsoft Excel, Word, and PowerPoint.

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 (4 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?

Our mission is straightforward; 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.

This role does not meet the UKVI's criteria for the skilled worker sponsorship route, therefore we are unable to accept candidates requiring sponsorship for this role.