Business Unit:  Group Risk
Salary range: £58,400 - £73,000 per annum DOE + red-hot benefits
Location: UK Flexible
Contract type: Permanent

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

Our Team

The Operational Risk Management Team within Virgin Money is working to change the way we manage risk, making us future-fit and digitally enabled. The team covers a broad range of risk topics: Operational Risk, Digital & Technology Risk, Data Risk, Change Risk, People Risk, Payments Risk and Third-Party Risk.

What you’ll be doing

• Developing a great understanding of the business and building strong, effective relationships with stakeholders at all levels (particularly 1^st Line of Defence Risk teams, Audit, Risk Assurance, Compliance, and the wider risk function)
• Supporting the development and delivery of a relevant, dynamic, high quality and value-add assurance plan and produce high quality and informative reports
• Leading a variety of assurance activities and independent testing to assess the design and operating effectiveness of controls for all component parts of operational risk
• Proactively analysing themes and trends from completed reviews to support the development and maintenance of an Operational Risk universe and regularly review assurance plans to ensure that risk exposure drives current and future activity
• Critical and independent thinking and problem solving
• Developing strategies and plans to achieve business objectives whilst working in an Agile manner, striving for new ways of realising an outcome and not being tied to existing processes
• Inputting high quality insight and reporting at all levels, including Board Risk Committee and work with stakeholders, often at a senior level, to embed risk knowledge and adherence
• Maintaining awareness of industry best practice developments and technical developments (where appropriate) that influence the regulatory operating environment.

We need you to have

• Subject matter expertise in a related and relevant area of Operational Risk (Process Design & Execution, Data, Operational Resilience, People, Payments, Digital & Technology, Third Party, Change, Physical Security & Safety)
• Significant experience in Financial Services working in an Operational Risk assurance/audit role, managing and analysing large quantities of complex data and communicating technical and regulatory matters in a non-technical manner
• Work experience in Big four company and/or relevant professional qualification (Project Management, Agile, Technology, Risk Management, Fraud, SOX, Audit, Operational Audit)
• The confidence and independence to communicate, facilitate and influence at senior level, with a proactive and inquisitive mindset
• Experience designing and testing controls, both manual and automated
• Excellent written and verbal communication skills and experience in designing reports for a variety of stakeholders, ensuring key messages are presented appropriately for the audience.

It’s a bonus if you have but not essential

• Educated to degree-level
• Broad knowledge of Risk Management disciplines and the 3 Lines of Defence model in place across the Bank
• Experience of working under the Agile methodology.

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.