Financial Risk Manager

Virgin Money UK PLC; United Kingdom; Remote; GBP 55,000 - 75,000; Full time

Job summary

Join a leading financial institution as a Financial Risk Manager, where you will ensure compliance with ever-changing regulatory requirements. You will collaborate with various teams to support effective data analysis and contribute to regulatory reporting, engaging with senior stakeholders to promote best practices and ensure risk management objectives are met. Enjoy generous benefits and a commitment to flexible working arrangements from day one.

Benefits

38.5 days annual leave

Five extra paid well-being days

20 weeks paid family leave

Free private medical cover

Flexible benefits including Cycle to Work

Qualifications

• Substantial experience in analysing large volumes of data.
• Expert understanding of the regulatory landscape.
• Proficient in programming languages like SAS, SQL, Python, and R.

Responsibilities

• Running cross team processes and providing constructive criticism.
• Identifying ways to support the Bank’s strategy to optimise the use of Capital.
• Support the implementation of regulatory change.

Skills

Analytic skills

Stakeholder communication

Problem solving

Data analysis

Decision-making

Tools

SAS

SQL

Python

R

Job description

Join to apply for the Financial Risk Manager role at Virgin Money

Join to apply for the Financial Risk Manager role at Virgin Money

: UK remote with the option to attend a local HUB

As part of the Financial Risk Oversight team, you’ll play an important role making sure that we identify and implement all the ever-changing regulatory requirements. Our purpose means even greater responsibility to ensure we’re a safe and sound firm in the eyes of our customers, the banking regulators and investors. That’s the ‘assurance’ bit but we’re also on hand to support all areas of the bank to interpret rules correctly and to give ’advice’.

What you’ll be doing

• Running cross team processes and providing constructive criticism and challenge.
• Identifying ways to support the Bank’s strategy to optimise the use of Capital.
• Support effective data analysis and assurance on how data is used to produce regulatory reports.
• Support the ICAAP and ACS processes through appropriate review and oversight.
• Support the implementation of regulatory change.
• Keeping on top 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.
• Supporting the development and recommendation of appropriate Risk Appetite Statement metrics, limits and triggers.
• Role modelling Virgin Money Values and Behaviours ensuring all tasks are completed to expected standards.

We need you to have

• Exceptional analytic skills and aptitude to extract conclusions from quantitative or qualitative evidence.
• Strong stakeholder and communication skills, with the ability to explain complex risks to non-technical audiences including senior management and regulators.
• Substantial experience in analysing large volumes of data, problem solving, reviewing information and identifying key business impacts.
• Expert understanding of the regulatory landscape (e.g. PRA, with an appetite to keep this knowledge up to date.
• Proficient in using programming languages such as SAS/SQL/Python/R.
• Brilliant decision-making skills and confident to influence in line with business objectives and risk practises.
• Experience of working with and interpreting prudential regulation.

It’s a bonus if you have but not essential

• Knowledge of key prudential regulatory document submissions for example, ICAAP and regulatory capital returns
• Awareness of the Bank of England’s Annual Cyclical Stress Test.
• 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.
• 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.

Feeling insatiably curious about this role? 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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Management

• Industries

  Financial Services and Banking

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