Change Risk Senior Manager

2022 - Chief Operating Office; United Kingdom; Remote; GBP 76,000 - 95,000; Full time

Job summary

A leading UK bank seeks a senior Change Risk SME to oversee change management processes within a dynamic team. This role requires significant expertise in risk management, excellent communication, and a proactive approach to managing change-related risks. You'll work closely with various stakeholders to ensure alignment with strategic objectives and regulatory best practices.

Benefits

38.5 days annual leave

Up to five extra paid well-being days

20 weeks paid family leave

Market-leading pension

Free private medical cover

Flexible benefits

Qualifications

• Extensive expertise in Change Risk Management.
• Experience in oversight of change management processes.
• Strong knowledge of UK Financial Services Industry.

Responsibilities

• Oversee change risk activities and ensure risks are properly mitigated.
• Develop and improve Change Risk Oversight methodologies.
• Liaise with stakeholders and report on the change portfolio.

Skills

Change Risk Management

Stakeholder Management

Communication

Education

Relevant Degree or Professional Qualification

Job description

Business Unit:Group Risk, Operational Risk Management
Salary Range: £76,000 - £95,000
Location: UK Remote
Contract Type: Permanent

Our Team

We have an exciting opportunity for a senior risk professional to join the Change Risk team within our broader Operational Risk Management Team. You’ll work closely across each of these teams as well as the wider Group Risk Management function as necessary.

We require a highly motivated, innovative and talented candidate who is looking for a role that provides plenty of variety, pace and challenge. You will be a seasoned professional with significant expertise in providing oversight of change and in-depth knowledge and expertise in risk management and how this applies to change.You will use your experience and knowledge to really understand the business’ changing risk landscape and ensure our change risk oversight activity is effectively targeted and value-add.

You will lead and provide SME input, challenge and oversight on portfolio management and projects ensuring change is managed within risk appetite in accordance with the Change Management Framework and delivered into BAU in a safe and controlled manner. You will support the business to identify and evaluate risks associated with change and use your knowledge and experience to ensure these are properly mitigated, monitored, and reported.

What you’ll be doing

• Understanding the Bank’s strategy and how the change portfolio will deliver the Bank’s strategic objectives, challenging where required and reporting any impact to the overall risk profile.
• Owning the development and continuous improvement of the Change Risk Oversight methodology in line with regulatory expectations and best practice. You will also be responsible for ensuring the oversight of change is executed in line with the methodology.
• Liaising with key stakeholders at all levels across the Group, providing insightful updates on 2LOD Risk’s oversight of the change portfolio and change management framework and providing challenge where required.
• Designing the Change Risk oversight plan in conjunction with the wider ORM Risk team.
• Managing all aspects of Change Risk reporting including the setting and reporting of risk appetite measures, internal governance reporting and external reporting to the FCA and PRA.
• Deputising for the Head of Change Risk as needed.
• Leading 2nd Line advice on change related risk for the portfolio and highest risk new and in-flight programmes, using a wide network of Executive and other stakeholders across the Group.
• Overseeing change and providing SME input, challenge and advice at Risk Boards, Governance Committees, Programmes and directly to the change practitioners.
• Overseeing the Change Management Framework and supporting processes and artefacts.
• Ensuring risks and issues arising from change are identified, assessed, managed and reported, with any delivered risks being reflected in the banks risk profile.
• Building effective internal and external relationships with key stakeholders

We need you to have

• A relevant degree or professional qualification, alongside extensive expertise in Change Risk Management and in-depth knowledge and expertise in your chosen Risk field (e.g. risk management, technology risk).
• Experience in overseeing change with a good working knowledge of change management and experience in change risk management. Experience working in a 2nd or 3rd line function is required.
• Experience of designing and implementing Change Frameworks and/or change oversight practices.
• 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.
• Strong knowledge and understanding of the UK Financial Services Industry, Risk Management disciplines and the 3 Lines of Defence model.
• Extensive Stakeholder management expertise.

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 theNationwide 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 [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.