Financial Services Development Trainee

Volvo Financial Services USA (VFS USA), a Great Place to Work certified company, is seeking outstanding recent college graduates interested in a rewarding career by joining our Financial Professionals Development Program (FSDP) as a Financial Services Trainee (FST) for the class of 2019 or 2020. Our objective is to attract, develop and retain top talent in all areas of Financial Services. This 24-month rotational program is for highly qualified and motivated individuals who will have the opportunity to learn and begin a career in the Captive Finance industry for the Volvo Group, a world leader in heavy-duty truck and equipment manufacturing. This is a full-time, entry-level position, where selected candidates will learn the necessary skills and behaviors to effectively work with financial services professionals in a large, globally recognized multinational.
The program will provide the training and experience needed to develop a complete understanding of the financial services and VFS business model; however, each participant will be matched to one of four general business areas that will serve as their primary development area– Originations, Operations, Accounting or Finance.

Our program consists of three key learning areas concurrently:
Our Company: Learn about Financial Services, the Captive Finance industry, Volvo Financial Services and Volvo Group including our mission, business processes, strategies, and why we are a Great Place to Work. This also includes exposure and networking with our commercial transport product divisions.
Our Work: Participate in four job rotations in the VFS USA business. Assignments may take place in Credit, Account Resolution, Auditing, Funding and Documentation, Sales and Pricing, Business Intelligence and Analytics, or Corporate Finance/Accounting. The rotation is critical to help drive a more complete understanding of VFS USA and the work we do.
Your Development: During and in between rotations, development activities take place, and focus on areas such as teamwork, professionalism, self-development, process improvement, and diversity and inclusion. This part of the program will be supported by a carefully chosen mentor and is focused on transitioning to a corporate environment and mastering the behaviors which embody the Volvo Values and our way of working.
The FST position is based in our Greensboro, North Carolina office, and travel may be required. Those selected for this program will play a critical role in helping Volvo Financial Services USA meet or exceed our strategic objectives and develop further flexibility in our workforce. As you near the end of your program.
Core Responsibilities:
  • Participates in four 6 month rotations (approximately 130 business days each) in different parts of the Financial Services business process Train on key roles and responsibilities within the organization and performs various roles to garner practical experience
  • Develop a holistic view of the Captive Finance industry ensuring there is a big picture understanding of the business balanced with the understanding of various roles and tasks.
  • Participates in both personal and professional development activities during the course of the program
  • Responsible for the creation and delivery of presentations to Top Management.
  • Assists with various projects and tasks as needed
  • Follows all Volvo Group and VFS employee practices and policies.
Education and Experience Required:
  • BS/BA degree in Business, Finance, Accounting, Economics, Mathematics, Statistics, Information Technology or similar
  • Degree must be from an accredited college/university
  • Graduation date must be between December 2019 and May 2020.
  • Minimum 3.0 GPA on a 4.0 scale
  • 3 months work experience in a corporate setting, preferred (can be through internships and/or co-operative assignments)
  • Working knowledge of Microsoft Office (Word and PowerPoint at the Intermediate level and Advanced Excel skills)
  • Direct experience working in an environment where sound business judgment, attention to detail, a fast pace and a flexible and adaptable approach are valued, preferred
  • Effective level of ambition and ability to understand team and corporate objectives
  • Experience in an environment with a focus on customer service and process improvement preferred
  • Superior written, verbal and interpersonal communication skills
  • Exceptional business writing and presentation skills
  • Fluency in reading, writing and speaking English; additional languages a plus
Other Requirements
  • Must be available to start position before June 2020.
  • Availability to work a minimum of 40 hours per week (typically Monday through Friday)
  • Ability to travel, both domestically and internationally
  • US Citizen or Permanent Resident (this position does not offer visa sponsorship)
  • Domestic relocation may be available for qualified and selected candidates (no international relocation available)
  • We maintain a drug-free workplace and perform pre-employment substance abuse testing once a job offer is extended
  • As a financial services organization, we are required to have the utmost responsibility for managing finances and keeping agreements with creditors. Based on this premise, we require a sound and stable credit history of all employees. A credit report is run once a job offer is extended

Über uns

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines under the leading brands Volvo, Renault Trucks, Mack, UD Trucks, Eicher, SDLG, Terex Trucks, Prevost, Nova Bus, UD Bus and Volvo Penta.

Volvo Financial Services is the global financial solutions provider of the Volvo Group, supporting the Volvo Group brands with expert financial services. This includes providing customers and dealers with a full-range of offerings, such as financing, leasing, and insurance solutions. Our team of about 1,400 professionals are located in 45 countries worldwide. As a part of the Volvo Financial Services team, you will experience challenging assignments, gain international exposure, and interact with colleagues around the world in the Volvo Group.

Volvo Group North America is an Equal Opportunity Employer
E.O.E./M/F/Disability/Veteran
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