Regulatory Risk and Control Adviser

Virgin Money; Greater London; Hybrid; GBP 32,000 - 41,000; Full time

Job summary

A leading financial institution is looking for a Business Controls specialist to ensure compliance with Risk and Regulatory Frameworks. The role includes supporting the Business Bank, managing conflicts, and acting as an advisor to senior business leaders. Candidates should have strong knowledge of risk governance in a commercial banking environment and excellent stakeholder management skills. This hybrid role requires monthly travel and offers competitive salary and benefits.

Benefits

25 days holiday, increasing to 30

Private medical insurance

Competitive pension

Annual performance-related bonus

Training and development opportunities

Flexible benefits scheme

Life assurance

Paid volunteering days

Qualifications

• Strong experience in risk and governance within Business/Commercial Banking.
• Expert knowledge of legal and regulatory requirements for listed companies.
• Robust understanding of risk and control environments.
• Ability to add value through risk management.

Responsibilities

• Support Business Bank in compliance with Risk & Regulatory Frameworks.
• Execute controls to comply with Market Abuse regulations.
• Manage conflicts register and ensure adherence to management standards.
• Advise senior leaders on embedding strong control environments.

Skills

Risk and governance knowledge

Stakeholder management

Problem-solving

Communication skills

Education

University degree or equivalent

Tools

Microsoft 365

Job description

Business Unit

Business Controls

Salary range

32,800 - 41,000 per annum DOE benefits

Location

Hybrid travel to a local HUB at least once per month required.

Contract type

Permanent

Our Team

At Virgin Money we believe in doing things differently. Our Business Controls Office helps to shape safe sustainable growth across our Commercial business. Were the first line of defence ensuring our products and services deliver great outcomes for our customers while meeting regulatory expectations.

What you'll be doing

• Supporting the Business Bank to maintain compliance with Risk & Regulatory Frameworks including the non-Financial Risk Handbook as well as in-force Regulations such as Market Abuse Regulation Personal Account Dealing and Conflicts of Interest.
• Execute key controls to support compliance with Market Abuse regulations including creation and management of Insider Lists Information barriers and restricted systems access in relation to customer Insider Information.
• Implement the organisation wide Personal Account Dealing pre-approval framework and associated process and procedures to manage individuals requests in a timely fashion.
• Ongoing management of the central conflicts register tracking and ensuring adherence to the relevant Sensitive Information Management Standards for specific business units and across the Bank.
• Acting as an advisor to senior business leaders embedding a strong control environment that supports commercial objectives while maintaining risk integrity.
• Flex to meet changing demands of the Business and will be involved in other key tasks designed to maintain compliance with Market Abuse controls.
• Continuously developing understanding in specific areas of Business Banking to provide risk management support.
• Engaging with key stakeholders professionally and with integrity to generate productive working relationships at all levels of seniority.

We need you to have

• Strong experience of working within or knowledge of risk and governance within Business / Commercial Banking.
• Expert knowledge of legal and regulatory requirements applicable to listed companies including the management of inside information the use of information barriers under conflict management within large organisations and personal account dealing rules.
• A robust understanding of risk and control environments within a complex fast-paced business (preferably within a Business / Commercial Bank)
• Exception commercial acumen you understand how risk management adds value not friction.
• A proactive approach to problem-solving.
• Excellent stakeholder management and communication skills with the confidence to challenge senior leaders constructively.

Its a bonus if you have but not essential

• A university degree or equivalent experience in financial services
• Competent use / knowledge of Microsoft 365

The extras you'll get

• 25 days holiday per year which increases 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 in the event of your death.
• Up to 2 days of paid volunteering a year

If were 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.

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 well 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 well ask for six years of regulatory references and once in the role you'll be subject to periodic employment checks.