Business Unit:  Risk
Salary range: £58,400 - £73,000
Location:  Hybrid - with occasional travel to a key hub
Contract type: Permanent (full time)

Our Team
Join our dynamic Credit Risk Strategy team, where innovation meets excellence! We are dedicated to designing and delivering cutting-edge credit card credit strategies and policies that drive growth while ensuring safe and responsible lending. Our team thrives on collaboration, creativity, and a relentless pursuit of excellence, making us a key player in the financial industry.

What you’ll be doing

• Develop and implement innovative credit strategies and policies for unsecured cards lending products across Virgin Money’s key products and channels .
• Optimise credit decisioning tools, scorecards, and models to enhance lending strategies balancing the need for simplification with strategies suitable for key products and channels .
• Working closely with internal stakeholders such as Credit Modelling, Commercial, and Technology to ensure ideas and solutions are driven to tangible outcomes.
• Engage with credit bureau and third-party experts to stay competitive.
• Represent the Bank in key industry forums and regulatory engagements.
• Manage and support transformational credit decision initiatives.
• Lead a small expert team to deliver best-in-market credit solutions.
• Drive growth in lending within risk appetite and regulatory guidelines.

We need you to have

• Strong experience in credit risk strategy management.
• Demonstrable strong analytical experience, including leading and mentoring a team to use SAS and SQL.
• Expertise in unsecured lending credit risk, particularly credit cards, including policy and strategy.
• Excellent communication skills with the ability to influence senior stakeholders.
• Previous experience supporting multiple projects end to end in a fast-changing environment and the ability to prioritise effectively whilst managing various leadership expectation.
• Creative thinking and intellectual curiosity to drive innovative solutions.
• Strong interpersonal skills to build relationships across the Bank.

It’s a bonus if you have but not essential

• Experience managing credit card customer acquisition strategies.
• Demonstrated experience of innovation and disruptive change.
• Strong knowledge of UK Credit Card Market, Product features and distribution channels.

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. 

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 
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.