Business Unit: Risk
Salary range: £32,000 – £40,000 DOE + red-hot benefits
Location: UK Remote
Contract type: Permanent

Live to challenge the status quo. Live a life more Virgin.

Our Team

The Unsecured Credit Risk team supports the ongoing portfolio performance management and production of portfolio insights, such as loans and credit cards. We develop, monitor and review Credit strategies and policies to effectively manage the credit risk of unsecured products. We also produce and collate credit data which are presented in various governance committees to be able to manage the credit quality of the portfolio.

What you’ll be doing

• Working collaboratively with Credit Strategy owners, Commercial and Operational colleagues to identify improvements that maintain regulatory compliance, improve efficiency, or provides additional value to the business.
• Support the development of comprehensive suite of credit risk portfolio insight, oversight, challenge, and opinion for use across a range of stakeholders including Central Committees and Governance reporting.
• Support Credit Risk Manager in the provision of meaningful insight and making recommendations for Senior Management.
• Demonstrate a collaborative approach with Risk Appetite Statement working across other teams in Credit, Risk, and the Commercial areas.
• Build a relationship with the Credit Risk teams at an operational level to ensure that best practice is shared, challenges are raised in a timely manner to constructively shape outcomes and all requests are met.
• Demonstrate maintenance of our internal Governance frameworks, policies and Regulatory guidelines and ensure this framework is embedded in the business to ensure sound risk practices are adopted.
• Work under the leadership of the Credit Risk Manager of to support the development of appropriate stakeholder management processes for managing and delivering effectively for internal customers including engaging at an operational level to ensure effective operation of key processes
• Deliver high-quality customer service, including implementation of a culture to continuously improve and rationalise processes and related complexity.

We need you to have

• Experience in a similar analytical role of product specific experience with good Credit risk knowledge.
• Advanced skills within data mining, manipulation, and summarisation (e.g. SAS, SQL, R, Power BI etc).
• Excellent communication skills, with the ability to condense and simplify complex information to other members of the team concisely.
• The capability of operating effectively with senior leaders and stand up to robust challenge.
• The ability to support multiple priorities in a fast-changing environment, with experience in prioritising effectively to manage various management expectations.
• Confidence to raise new ideas from your experience or insight to ultimately influence the business focus.
• A clear understanding of what “looks right” and can accurately review/error check own and others analysis.

It’s a bonus if you have but not essential

• Excellent understanding of data structure and credit risk strategies.
• Understanding of the Legal and Regulatory framework and agenda, and operations of Risk and the wider business.
• Experience in development of management information.

Red Hot Rewards

• Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time)​ plus the option to buy more.
• Up to five extra paid well-being days per year​. 
• 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt. 
• Market-leading pension.
• Free private medical cover, income protection and life assurance.
• Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness. 

And there's no waiting around, you'll enjoy these benefits from day one.

Feeling insatiably curious about this role? If we’re lucky to receive a lot of interest, we may close the advert early and would hate you to miss out.

We're all about helping you Live a Life More Virgin, so happy to talk flexible working with you.

Say hello to Virgin Money
We’re making great strides towards achieving our ambition of becoming the UK’s best digital bank.  As a full-service digital bank with a heritage stretching back over 180 years, we’re a workforce to be reckoned with, and we're putting the full power of our experience behind disruptive ideas that reinvent the role a bank plays in people's lives. We're customer-obsessed and work tirelessly to deliver on our purpose, ‘Making You Happier About Money.’ This means we're able to do banking differently, and by innovating and working together we can make a real difference by creating memorable moments and red-hot experiences for our millions of customers. Join us and Live a Life More Virgin that empowers you with choice and flexibility in how you work. 

Be yourself at Virgin Money
Our purpose is to make people happier about money, this means seeing and feeling the world as our customers do by creating a workforce that reflects the rich diversity of our customers and communities.  We’re committed to creating an inclusive culture where colleagues feel safe and inspired to contribute, speak up and be heard.  

As a Disability Confident Leader, we're committed to removing any obstacles to inclusion.  If you need any reasonable adjustments or support making your application, contact our Talent Acquisition team careers@virginmoney.com

Now the legal bit
Living A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it), but we'll need you to confirm you have the right to work in the UK.

If you're successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years' worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks – we'll ask for six years of regulatory references, and once in the role, you'll be subject to periodic employment checks.