Business Unit:  Group Commercial – Business Network
Salary Range: £45,936 - £57,420 per annum DOE
Base Location:  London / Hybrid Working
Contract Type: Permanent 

Grab onto your Virgin Money adventure

We’re at our best when we have something to drive us forward, a belief that underlines who we are and what we do. Our Purpose. We want to make people happier about money – and that idea starts with every single one of us here at Virgin Money. Feeling Insatiably Curious about your next adventure? You might have just found it.

Exciting opportunities exist within our London and South Strategic Finance team right now.  Our Strategic Finance team supports commercial, corporate, PLC and private equity backed businesses all across the region. If you're passionate and ambitious about playing a key role in helping shape and grow our business then please read on.

As an Associate Director, Corporate Banking you will be responsible for supporting the relationship management and growth of our larger corporate and PLC businesses to optimise income and Return on Equity for the Bank. The role is far-reaching and will allow the role holder to develop their exposure to more complex lending structures and transactions and delivering first class customer service.

We are looking for dynamic people, who are ready to make a real difference to a successful team while building a rewarding and successful career and raising their profile both externally and internally within the business. 

Day to day you’ll­…

• Be a key member of the London and South Strategic Finance team primarily accountable for assisting in generating and optimising income and Return on Equity, focused solely on larger mid-market, Corporate and PLC customers and prospects
• Assist in the relationship management and sourcing of high-quality customers and strengthening the brand visibility in the local and regional marketplace
• Work with the Corporate Director, evaluating and generating opportunities with existing and new customers and assist in the conversion thereof from initial meetings through to completion of new transactions including analysis of new business proposals and undertaking independent research on companies and sub-sectors
• Prepare detailed credit applications in respect of existing customers and new proposals, including the preparation and analysis of financial models
• Instruct, complete and process internal and external documentation to ensure loan and security documentation is prepared and in order and due diligence is correctly scoped
• Provide new to bank customers with a seamless on-boarding experience, working collaboratively with colleagues across the business.
• Support the Corporate Director in managing and monitoring the portfolio, ensuring compliance on all credit, operations, loan administration and other risk and administrative matters as necessary
• Monitor ongoing compliance with the facility agreement and covenants, and ensuring that all pre-and post-deal housekeeping and internal compliance requirements are met
• Liaise effectively with customers, various Agency functions and Credit Department in respect of existing customer reviews and consent requests
• Develop and expand your own network of internal and external contacts

To be successful you’ll need to bring

• A passion for – and good knowledge of – supporting London businesses
• Excellent qualitative and quantitative analytical skills with an ability to understand and interpret financial statements and due diligence reports;
• Excel financial modelling skills
• Display strong organisational skills and effective relationship management and project management ability so as to maintain excellent levels of customer service
• Commitment to consistently provide high standards of work with outstanding attention to detail
• Capacity to cope with complex situations, tight deadlines and to have a flexible approach to challenges and problem solving
• A passion for delivering outstanding customer service
• Good interpersonal skills and written and verbal communication skills
• Experience of engaging with and working within the professional community
• Be a strong team player.

The following would be brilliant, but is not essential

• A relevant vocational financial services qualification e.g. Chartered Banker, Chartered Accountant etc.
• A tertiary qualification in a business discipline. Further qualifications are desirable, but not mandatory
• Knowledge of systems and processes in a financial services environment
• Knowledge of Loan Market Association loan and security documentation plus the operation of Syndicated/Club transactions
• Understanding of risk and compliance requirements in line with the role
• A knowledge of lending and securities policy and procedures.

We really need you to have the skills and experience listed in the ‘To be successful you’ll need to bring’ section above, but the rest is just our wish list, so don’t let that put you off applying, we’d love to hear from you!

Here’s what it means for YOU:

• 38.5 days annual leave for all colleagues (including bank holidays and pro rata if part-time)​
• Up to five extra paid well-being days per year​
• A 35-hour working week
• 20 weeks paid, gender neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
• Market leading Pension & Private Medical Insurance
• Flexible benefits including Cycle to Work, Wellness & Health Assessments and Critical Illness
• Ability to work anywhere in the UK​ (where the role allows)

And you get these Red Hot Rewards from day one!

Inclusion at Virgin Money

Inclusion is at the heart of everything we do here at Virgin Money. It’s good for you, it’s good for us and it’s amazing for our customers. We know that great minds don’t think alike, so we rely on your diverse thoughts, feelings, beliefs and backgrounds to be the best we can possibly be. Got any questions about this or need some support with your application? We’d love to hear from you so get in touch with our careers team at 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 will need to you to confirm you have the Right to Work in the UK.

If we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing 3 years' worth of satisfactory references.