Virgin Money
Business Unit: Group Risk
?: circa £56,000 – £70,000 + red-hot benefits??
?: Remote, UK Flexible – option to attend HUB if preferred.
?: Permanent
Live to challenge the status quo. Live a life more Virgin.
Our Team ❤
The Operational Risk Management Team within Virgin Money is working to change the way we manage risk, making us future-fit and digitally enabled. The team covers a broad range of risk topics: Operational Risk, Digital & Technology Risk, Data Risk, Change Risk, People Risk, Payments Risk, Third Party Risk and Resilience.
What you’ll be doing ?
- Delivering an effective end-to-end process for calculating Operational Risk capital, through stress testing, scenario analysis and modelling activities, collaborating across the 3rd Line of Defence.
- Facilitating bank-wide scenario analysis with SMEs from across the bank, to drive a robust assessment with 2nd Line of Defence challenge, driving 1st Line Of Defence accountability for management remediation.
- Ongoing engagement with Senior Management and key stakeholders within Finance, providing advice and oversight (challenge) in management and governance meetings.
- Conducting regular horizon scanning to proactively identify, assess and monitor emerging risks and new or changing. regulation/industry best practices and technical developments, that influence Non-Financial Risk related frameworks, policies, standards, and procedures.
- Producing Operational Risk capital, regulatory and emerging risk insights and reporting accurately, to a high standard and in a timely manner, for internal and external purposes.
- Leading a variety of assurance activities and independent testing to support monitoring and review of the bank’s risk management and internal control framework.
- Providing training, awareness, guidance, and support on Operational Risk practices.
? We need you to have ?
- Significant experience in Financial Services working in a related Risk and/or Finance role.
- A proactive and inquisitive mindset, and ability to confidently and independently communicate, facilitate and influence at a senior level
- An eye for detail, with proven capability to manage and analyse large quantities of complex data and communicate technical and regulatory matters in a non-technical manner
- Excellent written and verbal communication skills and experience in designing reports for a variety of stakeholders, ensuring key messages are presented appropriately for the audience
- Experience of designing and testing controls, both manual and automated.
- Strong problem-solving skills and a desire to find new ways of doing things, with the ability to bring pragmatic solutions into use and confidence to challenge others to think differently.
It’s a bonus if you have but not essential ?
- A relevant degree/professional qualification or equivalent experience.
- Experience of working in a management consulting/accounting firm.
- Knowledge of Operational Risk related regulations and capital regulations as they relate to Operational Risk.
?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
- Ability to work anywhere in the UK (where the role allows)
And there’s no waiting around, you’ll enjoy these benefits from day one.
Feeling insatiably curious about this role? Apply as soon as you can?♀️?. 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?.
?Applications Close: 23 Jun 2024 (11.55pm BST)
To apply for this job please visit careers.virginmoney.com.