Credit Risk Senior Analyst - Virgin Money : Job Details

Business Unit: Risk, Unsecured Portfolios Salary: £32,000 - £40,000 per annum DOE + red-hot benefits!Location: Remote - Flexible with some to face team meetings at any of our HUBs - few times per year.Contract Type: Permanent

Be a change maker with more cha-ching. Live a life more Virgin.

Our team

The Unsecured Credit Risk team reports into a Credit Risk Manager and provides input to the Risk Management Leadership Team, Risk committees and the wider business as required, including the Commercial, Finance and Customer Experience teams. We're responsible for proactive management of strategies covering credit lifecycle, ensuring policy performance meets risk and reward guardrails. In this team, no two days will be the same as you collaborate with a range of stakeholders to ensure analysis is providing true insight into risks and opportunities.

What you'll be doing

• Using your experience and judgement to design and set strategies for the Personal Loans and Current Account portfolios, ensuring they adhere to the Risk Appetite Statements and applicable regulations whilst allowing safe, profitable unsecured lending growth.
• Performing analysis using SAS and Microsoft office to explore emerging trends and make subsequent strategy changes.
• Working collaboratively with Credit Strategy owners and Commercial and operational colleagues to identify improvements that maintain regulatory compliance, improve efficiency, or provides additional value to the business.
• Supporting the Credit Risk Manager to provide meaningful insight and recommendations for Senior Management and to relevant meetings and committees.
• Developing and maintaining a relationship with the wider Credit Risk teams to ensure that best practice is shared.
• Helping maintain our internal Governance frameworks, policies and Regulatory guidelines and ensuring this framework is embedded in the business to ensure sound risk practices are adopted.
• Delivering high-quality customer service, including implementation of a culture to continuously improve and rationalise processes and related complexity.

We need you to have 

•  A proven track record of using data analysis to reach informed conclusions.  
• Expert knowledge and experience of using MS Office suite, as well as strong analytical experience in SAS and/or SQL.
• Experience in the development of credit risk strategies, policies and procedures.
• Excellent communication skills with the ability to condense and simplify complex information.
• Capacity to handle high workflows and prioritise appropriately. The ability to build strong networks to collaborate effectively with internal and external parties.

It's a bonus if you have but not essential

• Experience working within Credit Risk on Personal Loans/Current Accounts products.
• Experience in influencing change in a positive and collaborative manner.

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 
• Ability to work anywhere in the UK (where the role allows) 

And there's no waiting around, you'll enjoy these benefits from day one.

Feeling insatiably curious about this role? Apply as soon as you can. 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.  We're putting the full power of our experience behind disruptive ideas that reinvent the role a bank plays in people's lives. We strive to create positive experiences for our millions of customers and our purpose, ‘Making You Happier About Money', underpins everything we do. We believe in doing banking differently, innovating and working together to make a real difference. 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

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.