Intern - Commercial Credit & Risk

Intern - Commercial Credit & Risk-VCI

Primary Location

:Canada-Ontario

Description

As the captive finance company of the Audi, Ducati and Volkswagen brands in Canada, Volkswagen Financial Services (VWFS) offers a wide range of leasing, retail financing and protection plans expertly tailored to meet the needs of our customers. Additionally, we provide commercial financing products to Audi, Ducati, and Volkswagen Dealers.

VWFS is seeking individuals from diverse professional backgrounds who can bring fresh perspectives and ideas to help us drive forward in the ever-evolving financial and mobility services industry. As we continue to grow, we are excited to welcome talent from a variety of professional backgrounds to join our team. We believe in the power of diversity and inclusion, as it fuels creativity, fosters innovation, and strengthens our ability to serve our customers better. Are you a forward-thinker, a problem-solver, or an innovator? This is an opportunity to be part of a dynamic team that values diversity, creativity, and collaboration.

Commercial Risk Intern will be responsible for providing day-to-day support to the Commercial Credit Specialist and Commercial Credit & Risk Analysts for the VWFS Commercial Risk Department.

Duties and Responsibilities:

·Assist the Commercial Credit Specialist in regular payment processing and balancing within the Wholesale Management System (Wi).

·Perform the Daily Net-Funding activities and related dealer communications.

·Perform daily transactions for Non-Audi/Volkswagen Vehicle Invoicing.

·Assist the Commercial Credit Specialist in the clearing of the Dealership’s Inventory Audits.

·Providing Dealers with their payment receipts, payment transaction explanations and monthly billing statements (with back-up) for non-floorplan loans.

·Assist the Commercial Credit Specialist in regular report generation and distribution based on the current distribution policies of the Commercial Risk department.

·Fulfill ad hoc data requests as requested by the Commercial Risk team members and other departments, such as Sales & Marketing, Controlling, Wholesale Controlling, etc…

·Perform other related duties as required by the department.

Qualifications

Educational requirement:

Must be enrolled in the 2nd year of a fulltime co-op business and/or accounting, finance or marketing program in a recognized Canadian University.

Skills requirement

·Excellent communication skills – interpersonal, written and presentational.

·Work Experience in a retail customer service role.

·1 -2 year business environment work experience preferred.

·Proficient in MS Excel (Intermediate Level), and PowerPoint.

·Knowledge of Business Objects is an asset.

·Strong analytical and problem-solving skills.

·Solid understanding of accounts payable and receivable.

·Detail and process oriented.

This position is hybrid based out of our Pickering office and reports directly to the Manager, Commercial Credit & Risk. The duration of this position will be 8 months starting in January .

Volkswagen Financial Services is committed to accommodating applicants and employees with disabilities. Should you require an accommodation during the recruitment and selection process please advise in advance.