Associate Director

Virgin Money UK; Greater London; Hybrid; GBP 40,000 - 51,000; Full time

Job summary

A leading UK bank is seeking a passionate professional to join their Strategic Finance team. The successful candidate will support commercial customers by optimizing income and enhancing relationships. Responsibilities include preparing credit applications, analyzing financial models, and ensuring compliance on loan documentation. Ideal applicants will have strong analytical and project management skills, with a commitment to customer service. The role offers a salary between £40,800 - £51,000 per annum, competitive benefits, and a dynamic work environment.

Benefits

25 days holiday, increasing to 30

Private medical insurance

Competitive pension

Performance-related bonus

Training and development

Flexible benefits scheme

Life assurance

Paid volunteering days

Qualifications

• Passion for supporting larger businesses and delivering outstanding customer service.
• Strong analytical skills with ability to understand financial statements.
• Track record in complex situations and problem-solving.

Responsibilities

• Assist in generating income and managing relationships with high-quality customers.
• Prepare credit applications and analyze financial models.
• Coordinate with colleagues to provide seamless onboarding for new customers.

Skills

Analytical skills

Project management skills

Interpersonal skills

Customer service

Organizational skills

Education

Relevant vocational qualification (e.g., Chartered Banker)

Tertiary qualification in business discipline

Tools

Excel financial modelling

Job description

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

Business Unit: Strategic Finance London & South and more locations
Salary range: £40,800 - £51,000 per annum DOE + benefits Location: Various locations across the UK - London & South area, Midland's area, Yorkshire & Northeast, area, Northwest area, East Scotland area, or West Scotland area.
Contract type: 6 x Permanent roles.

Our Team

Exciting opportunities exist within Strategic Finance teams right now. Our Strategic Finance team supports commercial, corporate, PLC and private equity backed businesses in our region and across the UK. If you're passionate and ambitious about playing a key role in helping shape and grow our business, then please read on.

What you'll be doing

• Be a key member of the Strategic Finance team primarily accountable for assisting in generating and optimising income and Return on Equity, focused solely on our Commercial Business customers and prospects
• Assisting in the relationship management and sourcing of high-quality customers and strengthening the brand visibility in the local and regional marketplace whilst developing and expanding your own network of internal and external contacts
• Working with Commercial Directors, evaluating and generating opportunities with existing and new customers and assist in the conversion thereof from initial meetings through to completion of new transactions including analysis of new business proposals and undertaking independent research on companies and sub-sectors
• Preparing detailed credit applications in respect of existing customers and new proposals, including the preparation and analysis of financial models
• Instructing completing and processing internal and external documentation to ensure loan and security documentation is prepared and in order and due diligence is correctly scoped
• Providing new to bank customers with a seamless on-boarding experience, working collaboratively with colleagues across the business to support Commercial Directors in managing and monitoring the portfolio, ensuring compliance on all credit, operations, loan administration and other risk and administrative matters as necessary
• Monitoring ongoing compliance with the facility agreement and covenants, and ensuring that all pre-and post-deal housekeeping and internal compliance requirements are met
• Liaising effectively with customers, various Agency functions and Credit Department in respect of existing customer reviews and consent requests.

We need you to have

• A passion for - and good knowledge of - supporting larger businesses and delivering outstanding customer service
• Demonstrable strong qualitative and quantitative analytical skills (including Excel financial modelling skills) with an ability to understand and interpret financial statements and due diligence reports.
• Strong organisational, relationship and project management skills to deliver excellent levels of customer service, high standards of work and outstanding attention to detail
• A proven track record in dealing with complex situations, adhering to tight deadlines with a flexible approach to challenges and problem solving and work prioritisation.
• Excellent interpersonal skills and written and verbal communication skills
• Strong experience of engaging with the local professional community.
• A solid understanding of risk and compliance requirements in line with the role.
• A commitment for delivering outstanding customer service and to consistently provide high standards of work with outstanding attention to detail.

It's a bonus if you have but not essential

• A relevant vocational financial services qualification e.g. Chartered Banker, Chartered Accountant etc.
• A tertiary qualification in a business discipline. Further qualifications are desirable, but not mandatory
• A knowledge of lending and securities policy and procedures.

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 [e-mail]

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.

Advertised: 28 Nov 2025 GMT Standard Time
Applications close: 12 Dec 2025 GMT Standard Time