Business Unit:  Business Banking
Salary range: £60,000-£84,000 per annum DOE + benefits 
Location:  UK Hybrid - London
Contract type: Permanent

Our Team

An exciting opportunity to join our dynamic, innovative and rapidly growing Strategic Finance team.  As a Deposit Relationship Manager, you will play a pivotal role in maintaining a strong market presence and proactively driving and implementing the Bank’s strategy to grow the Group’s deposit book.  As an ambitious team with a proven and successful track record, this role will support the wider team to place deposits, whilst retain and attract new customers.  You will be responsible for supporting Mid/Large national leads whilst sourcing and delivering new deposit opportunities.

What you’ll be doing

• Developing and maintaining customer and colleague relationships to maximise the deposit portfolio across Strategic Finance. You will work in conjunction with the wider Treasury and Operational teams to implement the liability strategy of the bank and tactically optimise market conditions to meet overall funding needs
• Maintain and optimise the existing relationships within the portfolio
• Liaise with key stakeholders to identify and develop product and client opportunities to grow the cost effectiveness and diversification of the overall funding strategy
• Continue to build a prominent external presence and brand in the marketplace and become recognised as a true deposit expert in the defined sector, known and respected by relevant operators and sector professional advisors.
• Understand the economic environment, deposit market dynamic and keep up to date with competitor and market data
• Support the liability strategy and development of capability across wider Commercial and Treasury teams

We need you to have

• The ability to develop and practically use expert knowledge of the Banks Liability products appropriate for Mid/Large clients.
• Aptitude to quickly assimilate, understand and efficiently present information to identify issues, consider then implement solutions.
• Ability to deliver to specific deadlines.
• Excellent, effective communication and influencing skills, both written and verbal, building instant credibility with stakeholders and customers, and an ability to clearly convey propositions and organisational messages. 
• Excellent team player who collaborates to add value and make a difference.
• Ideally, a broad range of external contacts and connections.

It’s a bonus if you have but not essential

• Ideally a relevant vocational financial services qualification e.g. Chartered Banker;
• In depth understanding of risk and compliance requirements in line with the role.
• Significant knowledge of deposit products, policy, and procedures.
• A great attitude and sense of ambition – be motivated with an appetite for success.
• Most importantly we need you to be passionate about being involved at the heart of our business, with one eye on what we’re delivering today and the other on the future planning for the bank.

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.