Business Unit: Business Control
Salary range: £84,000 - £105,000 Per Annum DOE + Benefits
Location: UK Hybrid - London (2 days per week) or Glasgow
Contract type: Permanent

Our Team

Our Business Control Team are here to enable safe and sustainable growth. We are committed to driving risk excellence and are passionate about proactive risk management in the first line of defence. We are starting an exciting journey to grow our team, and this brand-new role has been created to lead our team who support Controls management alongside our Business Banking colleagues.

What you’ll be doing

• Leading a team to develop and embed efficient, evidence-based control management and testing frameworks to demonstrate adherence to the Risk Management Framework (RMF), Group policies and minimum control standards.
• Manage the Business Banking reporting and governance processes, including but not limited to, Business Risk Board and relevant onward governance (such as Enterprise Risk Committee (ERC)).
• Lead the teams to manage and embed Risk Transformation and other risk related projects in the first line of defence
• Develop and execute an effective and dynamic annual plan of key controls testing that is aligned to the Business Banking risk profile  adopting a pragmatic approach to risk management.
• Provide support, guidance and SME controls advice to support the timely completion of actions arising from Audit and Risk Assurance activities
• Manage the relationship with the 2nd and 3rd Line Of Defence (LOD) stakeholders, ensuring a co-ordinated, proportionate and an efficient approach is applied to the management of risk and controls.

We need you to have

• Background in Business Banking, with a strong understanding of key risks within the Business Lending environment.
• Proven risk management experience across the 1st, 2nd or 3rd line of defence, demonstrating sound judgement, strong control awareness and the ability to assess materiality effectively.
• Confident decision‑maker, able to form balanced, independent conclusions backed by careful analysis and a well‑reasoned rationale.
• Excellent communication skills, with the ability to produce high‑quality, concise and insightful reporting.
• Skilled at influencing senior stakeholders, including presenting effectively in formal and committee forums.
• Strong, demonstrable knowledge of Risk & Control Frameworks, including controls design, control effectiveness, monitoring, and remediation expectations.
• Ability to embed and evidence adherence to the Risk Management Framework (RMF), Group policies and minimum control standards.

It’s a bonus if you have but not essential

• Testing and Assurance skills
• Business/risk or legal degree or significant industry level equivalent

Red Hot Rewards  

• 25 days holiday per year, increasing over time to 30. Plus, an option to buy more, giving you even more choice.
• Private medical insurance
• A highly competitive pension to help you build a strong foundation for retirement
• Access to an annual performance-related bonus
• Training and development to help you progress your career
• A great selection of additional benefits through our flexible benefits scheme
• Life assurance to provide peace of mind for you and your loved ones
• Up to 2 days of paid volunteering a year

If we’re lucky to receive a lot of interest, we may close the advert early. Please ensure to submit your applications as soon as possible.  

Say hello to Virgin Money 

Virgin Money is so much more than just a bank. As part of the Nationwide group, together we're the UK's first full-service mutual bank serving millions of retail and business customers and all driven by our purpose; Banking but fairer, more rewarding and for the good of society. With us, you’ll be part of an organisation uniquely positioned to make a difference to the lives of customers, communities and broader society and embark on a collaborative, customer obsessed, and fun-filled career journey. Embrace the weekdays, enjoy fantastic perks, and make a meaningful positive difference. Time to discover what it means to be part of the first mutual full-service banking provider.  

Be yourself at Virgin Money 

At Virgin Money, we celebrate everyone. We have fun, think big, and relentlessly include each other, all in pursuit of our purpose: Banking – but fairer, more rewarding, and for the good of society.  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

Please note: If we receive a high volume of eligible applications, we may need to prioritise candidates whose skills and experience most closely align with the role, while still ensuring fair and equitable consideration for all applicants.

Now the legal bit 

We’re in the process of bringing Virgin Money and Nationwide together which, subject to Court approval, will happen on 2 April 2026. You can find out more about what this means at https://uk.virginmoney.com/nationwide-transfer. If you’re successful in securing a role with us, your employment will move automatically to Nationwide when this transfer goes ahead.

Although some of our roles allow you to be based anywhere in the UK, 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.