Business Unit:  Business Control
Salary range: £58 400  - £73,000 per annum DOE + red-hot benefits
Location:  UK Hybrid– Glasgow, Newcastle, Leeds or London
Contract type: Permanent

Don’t settle for dull. Live a life more Virgin.

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 support our Business Bank in strengthening our Credit Risk controls.

What you’ll be doing

• Overseeing a portfolio for business customers who are showing signs of ‘Approaching Financial Difficulty’ (AFD)
• Identifying customers either Approaching Financial Difficulty or in Financial Difficulty and supporting with the creation of AFD Action Plans and/or referring to Specialised Business Services
• Ensuring quality action plans are in place and are being executed in line with policy requirements and are beneficial in assisting customers trade out of financial difficulties
• Using data to identify and analyse trends and insights and make recommendation to the Business Banking Leadership Team
• Representing the team at relevant meetings and committees.

We need you to have

• Business Lending Experience - understanding of the credit risks relevant in a Business Lending environment
• Credit Risk and Oversight Experience – proven experience in a credit risk environment within a first or second line of defence roles
• Strong risk management Experience – proven track record on understanding risk, controls and application and judgement of materiality
• Ability to reach independent and balanced decision - with effective attention to details and well considered rationale
• Strong verbal and written communication skills – ability to create best in class, efficient and succinct reporting

It’s a bonus if you have but not essential

• A sound understanding of the Banks Credit Risk Polices and Risk Appetite
• Testing and Assurance skills
• Rounded knowledge of the Banks core lending systems – eg BLP, eCRS

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.