Manager, Financial Risk

Job Description

Business Unit: Group RiskSalary: £38,882 - £50,500 DOELocation: UK, Flexible Contract Type: Fixed term 9 monthsWere 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 moneyand that idea starts with every single one of us here at Virgin Money. Feeling InsatiablyCurious about your next adventure You might have just found it.We need our Risk team to make sure that we are a responsible and safe pair of hands for our customers and investors money. We are looking for someone who shares our passion to build a better kind of bank and has the determination to help us be successfulin this mission.As part of the Financial Risk team youll help to secure the foundations of our business decisions by providing quantitative and qualitative analysis to support the Groups management of financial risks.The role in a nutshell Ensuring that the Bank maintains appropriate controls to support its use of advanced Credit Models by managing a self-assessment process and providing constructive criticism and challenge Providing assurance on the approach to compliance with all aspects of IFRS 9 Identifying ways to support the Banks strategy to optimise the use of Capital Oversight of Credit systems examining credit risk calculations and stress testing outputs Support the ICAAP and Pillar 3 process through appropriate review and oversight Support the implementation of potential regulatory changes Keeping abreast of industry best practice developments and prudential regulatory developments Oversight of key capital processes including targeted oversight reviews Attending and contributing to project and business committees and forums Identifying, building and maintaining relationships between the team and senior business stakeholders As part of the wider Balance Sheet and Liquidity Risk team contribute to assessments of Virgin Moneys balance sheet risks Role modelling Virgin Moneys Values and Behaviours ensuring all tasks are completed to expectedTo be successful youll need to bring The ability to deliver a high standard of written and verbal communication Ability to manage the needs of multiple stakeholders Proven analytical skills in reviewing information and identifying key business impacts An ability to work on your own initiative A good understanding of the regulatory landscape, with an appetite to keep this knowledge up to date The desire to support the Banks digital strategyIts a bonus if you have (but not essential) Knowledge of Virgin Moneys balance sheet risks Experience of working with and interpreting prudential regulation Knowledge of key prudential regulatory document submissions for example, ICAAP and regulatory capital returnsWe really need you to have the skills and experience listed in the (To be successful you need tobring) section above, but the rest is just our wish list, so please dont let that put you off applying, wed love to hearfrom you!RED HOT Rewards

• 38.5 days annual leave for all colleagues (including bank holidays and pro rata if part-time)
• 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
• A digital-first colleague experience
• Ability to work anywhere in the UK (where the role allows)

And the great news is, all these benefits are available to colleagues from day one!Inclusion at Virgin MoneyInclusion is at the heart of everything we do here at Virgin Money. Its good for you, its good for us and its amazing for our customers. We know that great minds dont think alike, so we rely on your diverse thoughts, feelings, beliefs and backgroundsto be the best we can possibly be. Got any questions about this or need some support with your application Wed love to hear from you so get in touch with our careers team at .Now the legal bitLiving 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.