BMW UK, Financial Services, Farnborough - Compliance Analyst - 13 Month Placement (July 2024)

We believe in creating an environment where you, our placement student, can learn and develop during your time with us and where you are given your own areas of responsibility from the start. Our experts and mentors will treat you as part of the team from day one, encouraging you to bring your own ideas to the table and giving you the opportunity to show what you can really do.

Our Summit ONE in Farnborough is home to the National Sales Company for the BMW Group in the UK, as well as BMW Group Financial Services which offers retailers, corporate, and private customers a range of customised financial services. Alphabet (GB) Ltd. as a leading provider of Business Mobility Services is also located in Farnborough.  We decided in November 2020 to bring together BMW Financial Services and Alphabet to stay relevant to our customers and continue to succeed in a rapidly changing business environment.

Within our self-contained campus, we offer a modern way of working with an empowering office culture, some aspects of which include:

• Our work persona shift – being yourself is effortless and so increases efficiency. For this reason, we allow our employees to express themselves through the way they dress.
• Flexible working hours - working flexibly improves mental perspective and increases sustained productivity. This means our leaders maintain balance, not burnout, through focusing on output, not attendance.
• The opportunity to get involved with our continued support of our house charity with a variety of fundraising events throughout the year.
• Throughout our offices, there are open creative spaces which hold facilities such as table-tennis tables to encourage innovation and employee engagement.

BMW UK, Financial Services, Farnborough – Compliance Analyst - 13 Month Placement (July 2024)

From January 2023, we became ‘One Organisation’ which is responsible for a number of external, customer facing brands.  We are just getting started on our incredibly exciting journey as a Customer Driven Organisation and as one organisation we are best positioned to succeed in a rapidly changing business environment.

To our customers and externally, we remain separate brands:

·       BMW Financial Services, who offer a comprehensive suite of vehicle finance products as well as providing a range of insurance and protection solutions.

·       Alphabet, who is the leading provider of Business Mobility services; and

·       Alphera Financial Services, which is a subsidiary of the BMW Group.

Our campus here in Farnborough is also home to the National Sales Company for the BMW Group in the UK.

Within our self-contained campus, we offer a modern way of working with an empowering office culture, some aspects of which include:

·       Our work persona shift – being yourself is effortless and so increases efficiency. For this reason we allow our employees to express themselves through the way they dress.

·       Flexible working hours - working flexibly improves mental perspective and increases sustained productivity. This means our leaders maintain balance, not burnout, through focusing on output, not attendance.

·       The opportunity to get involved with our continued support to our house charity with a variety of fundraising events throughout the year.

Throughout our offices there are open creative spaces which hold facilities such as table-tennis tables, to encourage innovation and employee engagement.

We’re seeking a talented individual with great communication skills, combined with a keen eye for detail.  Someone who can bring their own ideas to the table.  An individual who enjoys working with people and building strong relationships with multiple internal and external stakeholders across the business.

What you will be doing?

Supporting the Compliance department to provide Compliance Advice and Monitoring and Reporting services to the business on FCA rule-related compliance and in particular on:

·       Generating documents such as advisory documentation, compliance risk reports; reporting for the senior managers in the form of committee packs.

·       Support the breach management process.

·       Own the upcoming regulations scanning process.

·       Own compliance frequently asked questions and answers.

·       Own the Compliance mailboxes to ensure our internal and external customers are getting the timely support they need.

·       Keep up to date the action tracking for committees and internal and external review findings

·       Keep compliance risk dashboards up to date and obtain and analyse key management information

·       Complete trend analysis to proactively identify compliance risks.

·       Providing independent assurance and timely reporting to the BMW Board to ensure compliance risks are known and escalated for management and ownership.

• Studying towards a Bachelor's Law Degree or similar (preferably on target for a 2:2 or above).
• A good working knowledge of Microsoft Office – ideally Word, Excel & PowerPoint.
• Strong numeracy and literacy with excellent verbal and written communications skills.
• High attention to detail and accuracy.
• A self-starter with the ability to work on their own initiative.
• An outgoing personality is key as you’ll be expected to interact and network with all areas of the business both within BMW Financial Services and also our colleagues in the wider BMW Group in the UK.
• Enthusiastic and passionate to succeed.
• Excellent written and verbal communication skills.
• Independent and curious to learn more about the business.
• Willingness to learn and adapt.

Why choose us?

·    Great Pay - A competitive annual salary of £21,600, 27 days holiday (pro rata to your contract), and an attractive pension scheme.

·    Rewarding Work-Life Balance - Contracted working hours are 37.5 hours a week Monday to Friday, helping you develop a fulfilling work-life balance.

·    Exciting Additional Benefits - You will have the opportunity to enjoy other employee benefits including access to our Advantages scheme, giving you access to a range of offers and discounts, and a subsidised on-site restaurant.

What are we responsible for?

·       Supporting you in your training and ensuring you settle into your role and feel welcomed.

·       Working sustainably and ethically.

·       Providing you with the opportunity to bring your own ideas and develop yourself.

·       Ensuring you are happy with your work-life balance and feel as though your contribution to the business is being valued.

·       Encouraging you to develop your soft skills such as creating working relationships, communicating effectively, delivering presentations, and gaining confidence in your own ability, supporting you in both your return to university and your future career.

What do you need to do now?

If this sounds like the opportunity for you then apply today using the link below.

The next stages of the recruiting process could include; online testing, a one-way video interview, and then a face to face, telephone, or virtual interview with the hiring manager. 

Please note:

We operate rolling recruitment. This means we may close the application window earlier than identified if sufficient applications are received, so please apply early to avoid disappointment.

Please ensure that you complete all of the free text questions for your application to be progressed. Please also include a role relevant cover letter, explaining why we should consider you for this position.

To be eligible for this position, you must be returning to your studies for a minimum of 6 months after completion of this placement and be able to provide proof of your legal right to work in the UK if you are not a UK passport holder.  

We are committed to promoting equal opportunities in employment and job applicants will receive equal treatment regardless of gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex, or sexual orientation.

Closing date for applications: Wednesday 31st January 2024

Any further questions? Email us on FutureTalentRecruitment@bmwgroup.com