Business Unit: Model Risk & AnalyticsSalary range: £39,200 - £49,000 per annum DOE + red-hot benefitsLocation: UK Remote with occasional local hub visits (once per quarter and 3/4 offsites per year)Contract type: Permanent,
Live to challenge the status quo. Live a life more Virgin.
Our Team
Businesses run on data – but that data needs to be harnessed and transformed into insight to be truly useful. The Risk Reporting team not only tracks the key indicators and trends which ensure the Bank is performing effectively within its risk appetite, we also develop the truly value-adding insights which enable our colleagues to make informed strategy decisions, shaping the future trajectory of the Bank too.
What you’ll be doing
- Taking ownership of requests for new information. You’ll ensure clarity of requirements, source the data, and create an efficient transformation process, ensuring appropriate controls are in place.
- Working with the models’ teams to produce model monitoring packs, ensuring our scorecards, IRB, and IFRS9 models are performing as they should.
- Investigating and resolving data and reporting issues.
- Providing support and subject matter expertise to other business units and stakeholders, adding insights and highlighting opportunities to improve the service we provide to our customers.
- Identifying opportunities to improve processes, coding efficiency and approaches.
- Supporting and contributing to both Risk and Bank-wide strategic initiatives.
We need you to have
- Strong analytical skills and the ability to solve complex problems independently
- Strong SAS coding experience
- Excellent communication skills across all levels of the business, with the ability to share complex analysis clearly and succinctly.
- Proven experience in Banking and Risk Management
- Qualified to degree level in a relevant field or equivalent experience (Ideally STEM related or Data/IT)
- Proficiency with Power BI.
It’s a bonus if you have but not essential
- Knowledge of Credit Risk models or the Credit Risk lifecycle.
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.
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.
Say hello to Virgin MoneyWe’re making great strides towards achieving our ambition of becoming the UK’s best digital bank. As a full-service digital bank with a heritage stretching back over 180 years, we’re a workforce to be reckoned with, and we're putting the full power of our experience behind disruptive ideas that reinvent the role a bank plays in people's lives. We're customer-obsessed and work tirelessly to deliver on our purpose, ‘Making You Happier About Money.’ This means we're able to do banking differently, and by innovating and working together we can make a real difference by creating memorable moments and red-hot experiences for our millions of customers. Join us and Live a Life More Virgin that empowers you with choice and flexibility in how you work. Be yourself at Virgin MoneyOur purpose is to make people happier about money, this means seeing and feeling the world as our customers do by creating a workforce that reflects the rich diversity of our customers and communities. 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 (email address removed)
It’s important to note that there may be occasions where it’s not possible to interview all candidates declaring a disability who meet the essential criteria for the job. In certain recruitment situations such as receiving a high-volume of applications, we may need to limit the overall numbers of interviews offered to both disabled and non-disabled applicants.
Now the legal bitLiving A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it), but 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.
