The most common and most likely answer to this crossword clue is the 9 letter word TURNROUND
I've seen this crossword clue in The Guardian
T
U
R
N
R
O
U
N
D
More clues leading to the result TURNROUND
Buddy explains!

The straight part
We know that "Volte-face" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case volte-face = turnround.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.