Placement opportunity: June 2022 – July 2023
Job title: Paralegal - Intern (Volvo Financial Services)
Department: Legal & Compliance
Hours of work: 37.5 hours Monday to Friday
Salary and benefits: £18,000.00 25 days holiday, Employee Assistance Program with access to counselling and coaching gym discount, free parking, shopping and travel discounts, social club
Current degree requirements:
Studying for a qualifying law degree (LLB).
2 years of study completed – placement between 2nd & 3rd study years.
Academic grades on track for a First or High 2:1 in their chosen studies.
About Volvo Financial Services
VFS is a wholly owned subsidiary of AB Volvo and is the captive finance provider to the Volvo Group.
VFS provides financial solutions to retail and wholesale customers of Volvo Group’s truck, bus and construction business areas.
The purpose of VFS is to support the Volvo Group with customer and dealer-financing solutions at all stages of the business cycle.
About the Legal & Compliance Team
The VFS Legal & Compliance team provides legal and regulatory support to VFS for the UK and Ireland markets. The objective of the team is to support VFS in being the best captive finance provider in the industry by delivering a services mind-set within the Legal & Compliance team, which is:
Integrated with the business to understand the different VFS, customer and legal/regulatory requirements and needs.
Pragmatic and commercial in resolving matters in the quickest, simplest and most efficient way to drive sales and create value by delivering positive outcomes for VFS and the customer.
Knowledgeable and resourceful in identifying legal and compliance issues affecting VFS across the business and addressing them proactively.
About the Paralegal Intern role
We have an exciting opportunity within the Legal & Compliance Team for a Paralegal Intern reporting directly to the Legal Counsel.
Working on various projects you will get to learn about different areas of law and how an in-house legal team interacts with the business, which will give you a sound and broad understanding for your future legal career. Typical projects are likely to include:
Reviewing and updating contractual templates to reflect changes in legislation;
Identifying and implementing necessary changes in business processes to reflect regulatory change;
Drafting internal policy documentation, briefing notes and training materials to educate the business on legal issues and reflect best practice.
In addition to the above various projects, the Paralegal Intern will also support the wider remit of the Legal & Compliance team with a range of tasks to support the Legal Counsel in delivering the team’s objectives on an ongoing basis. The role is likely to encompass many areas of the law including asset finance, commercial contracts, finance and capital markets, litigation, insurance, consumer credit, regulatory/compliance and governance aspects.
Competencies, skills and knowledge required:
A basic understanding of the Volvo Group and the different types of asset finance products;
Excellent attention to detail;
Strong interpersonal and communication skills – written and oral;
Confidence in dealing with others, presenting a can-do attitude and expressing a diverse viewpoint;
Proactive and positive attitude to problem solving;
Excellent organisational and prioritisation skills;
High standard of professionalism and integrity;
Enjoy a mix of legal work and possess an appetite to learn and develop;
Good knowledge of Microsoft software packages;
Prior work experience or voluntary work in a legal or office setting is desirable, but not essential.
The Volvo Group drives prosperity through transport solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. Countless career opportunities are offered across the group’s leading brands and entities that share a culture of Trust, Passion, High Performance, Change and Customer Success.
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.