Business Unit:  Risk
Salary range: up to circa £73,000 per annum DOE + red-hot benefits
Location:  UK Flexible
Contract type: Permanent

Be the voice we need. Live a life more Virgin.

Our Team 

We're constantly improving every aspect of banking, focusing on the details that make a big difference for our customers. Our success hinges on our dedicated and talented colleagues who excel daily. We're expanding and transforming our Strategic Credit Risk team to meet future challenges, supporting our ambition to disrupt the status quo. We're looking for skilled, innovative individuals to help drive our strategy forward. The Assurance team ensures robust credit practices, providing oversight and assurance of lending decisions to maintain safe and profitable growth. Are you ready to join us?

What you’ll be doing 

• Providing independent assurance on the execution of risk strategies and policies, reporting to Senior Management on risk discipline within the Bank.
• Collaborating with Business Credit Risk teams, Commercial, and Operational colleagues to identify risk management improvements, enhance efficiency, and provide business insights.
• Recommending enhancements to risk management practices to Senior Management based on assurance work.
• Ensuring adherence to the Risk Appetite Statement through thematic reviews and oversight of manual lending decisions, aligning with our Risk Management Framework.
• Building and maintaining relationships with stakeholders at all levels to share best practices.
• Meeting deadlines and shaping outcomes to serve business needs effectively.
• Upholding internal Governance frameworks, policies, and Regulatory guidelines, embedding sound risk practices in the business.
• Continuously improving processes by delivering the Risk Assurance plan and challenging existing methods.

We need you to have 

• Experience in writing or overseeing large business lending transactions, identifying risks, and ensuring they are appropriately mitigated.
• Extensive experience in Business Credit Risk Management, with knowledge of the UK lending markets, business sectors, and macro-economic environment.
• Strong communication skills, both written and verbal, to convey information clearly and confidently to various levels of seniority.
• Ability to critique and challenge current policies, strategies, and processes effectively.
• Capability to work effectively with senior leaders, represent VM with external stakeholders, and handle robust challenges.
• Proven experience in influencing positive change and turning ideas into practical solutions through collaboration.

It’s a bonus if you have but not essential

• Understanding of the Legal and Regulatory framework and agenda impacting Business lending in the UK
• Strong understanding of the operations of a Risk function
• Understanding of Credit Models, Scorecards and analysis of data through the use of statistical software, e.g., SAS/PowerBI and use if MS Office Suite. 

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

It’s important to note that there may be occasions where it’s not possible to interview all candidates declaring a disability who meet the essential criteria for the job. In certain recruitment situations such as receiving a high-volume of applications, we may need to limit the overall numbers of interviews offered to both disabled and non-disabled applicants. 

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.