Graduate Apprentice Trainee

AB Volvo; Bengaluru; On-site; INR 168,000 - 201,000; Full time

Benefits offered by this job

Stipend

Insurance

Travel reimbursement

Job summary

Volvo Group in Bengaluru offers a National Apprenticeship Training Scheme with a year-long apprenticeship aimed at training fresh graduates for financial services roles. The program covers practical on-the-job training across several functions and promises exposure to collections processes and asset management.

The apprenticeship provides a fixed stipend of INR 16,500 per month, along with insurance and travel benefits.

Qualifications

• Fresh graduate in commerce preferred.
• Knowledge of MS Office tools required.
• Strong communication and willingness to learn for a career in financial services.

Responsibilities

• Prepares and follows up for collection on overdue accounts allocated to them.
• Calls and follows up with customers to collect overdue amounts and maintains relationships.
• Maintains communication with customers and third parties (lawyers, agencies) and tracks asset movements.
• Identifies asset deployment and monitors movement/utilization.
• Monitors repayment, analyzes delinquency causes and reports concerns timely.
• Resolves customer disputes promptly and supports repossession of assets.

Skills

Willingness to learn

Communication skills

Process driven

English fluency

Hindi

Regional language

Education

BCom

BBA

Tools

Microsoft Office

Job description

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Transport is at the core of modern society. Imagine using your expertise to shape sustainable transport and infrastructure solutions for the future. If you seek to make a difference on a global scale, working with next-gen technologies and the sharpest collaborative teams, then we could be a perfect match.

Job Description

Apprenticeship Description: National Apprenticeship Training Scheme, is a program where Volvo Financial Services India engages freshly graduated individuals for year-long apprenticeships, providing them with practical training and skills development opportunities within the company’s various functions under Financial Services. it's a way for Volvo Financial Services to train future workforce members through a structured apprenticeship program.

Key Responsibilities during the apprenticeship period:

• Prepares and follows up for collection on overdue accounts allocated to him / her.
• Call and follow up all customers and negotiates for collection of overdue amounts, maintains relationships with them keep tab on market references for all his customers.
• Maintains effective communication with customers and third parties, e.g., lawyers, collection agencies and repossession agencies.
• Identifies deployment of the asset and keeps a tab on its movement/utilization.
• Regularly monitor repayment of accounts, analyse causes of delinquency, report concerns timely.
• Timely resolve customer disputes
• Implements repossession of the asset
• Is responsible for the integrity of collection data and customer logs, including visit reports, relating to allocated accounts in the collection.
• Maintains accuracy in uploading trails on all cases, within set timelines.
• Strictly adheres to compliance.
• Maintaining relationship with Collection Agencies and their executives, follow up and updates
• Update Payments in VFS System
• Role involves Collections follow up across all Buckets, Repossession

Education and Additional knowledge:

• Should be a fresh graduate, preferably BCom or BBA
• Should have knowledge on Microsoft Office tools usage

Competencies and Skills:

• Strong willingness to learn and explore career opportunity in financial services industry.
• Strong communications skills.
• Knowledge of working in a process driven organisation.
• Should be able to converse fluently in English, Hindi & Regional Language of said state is must and additional languages will be added advantage.

References Candidate should be willing to provide references, if necessary, and consent to a reference check with his / her existing College.

Note:

• Apprenticeship is for a period of 1 year, post that certificate of completion will be provided and there is no guarantee of employment after completion of training as an apprentice.
• During the apprentice period fixed stipend of INR 16,500/- per month will be provided.
• Insurance on Group Personal Accident & Term Life as per company policy will be applicable
• Travel reimbursement as per company policy on actuals based on set limits
• Only shortlisted candidates will be contacted for further rounds of the selection process. We are an equal opportunity employer and welcome applications from candidates of all backgrounds.

We value your data privacy and therefore do not accept applications via mail.

Who we are and what we believe in We are committed to shaping the future landscape of efficient, safe, and sustainable transport solutions. Fulfilling our mission creates countless career opportunities for talents across the group’s leading brands and entities.

Applying to this job offers you the opportunity to join Volvo Group. Every day, you will be working with some of the sharpest and most creative brains in our field to be able to leave our society in better shape for the next generation. We are passionate about what we do, and we thrive on teamwork. We are almost 100,000 people united around the world by a culture of care, inclusiveness, and empowerment.

At Volvo Financial Services, we are working together to shape the world we want to live in. As the captive finance arm of the Volvo Group, VFS provides financial services and solutions that meet the needs of our customers’ evolving business. Through our dedication to innovation, we support society in its adoption of sustainable transport and equipment solutions. VFS is headquartered inGothenburg, Sweden, and serves Volvo Group customers and dealers in more than 50 markets.

What’s in it for you?

We offer a solid and competitive package of compensation and benefits, plus you will enjoy a diverse working environment with a culture of care and inclusion. As an investment, we support your personal development and growth to achieve your career aspirations. Volvo Financial Services is an on-site business and we understand that you might need occasional or temporary flexibility, which your leader is equipped to manage and fits well to our culture, as being together enables us to build upon our innovative and collaborative culture, as well as develop you for continued success.

Every day, Volvo Group products and services ensure that people have food on the table, children arrive safely at school and roads and buildings can be constructed. Looking ahead,we are committed to driving the transition to sustainable and safe transport, mobility and infrastructure solutions toward a net-zero society.

Joining Volvo Group, you will work with some of the world’s most iconic brands and be part of a global and leading industrial company that is harnessing automated driving, electromobility and connectivity.

Our people are passionate about what they do, they aim for high performance and thrive on teamwork and learning. Everyday life at Volvo is defined by a climate of support, care and mutual respect.

If you aspire to grow and make an impact, join us on our journey to create a better and more resilient society for the coming generations.