Business Unit: Model Risk & Analytics
Location: UK Remote with occasional local hub visits (once per quarter and 3/4 offsites per year)
Contract type : Permanent,
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.
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.
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.
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.
We're all about helping you Live a Life More Virgin, so happy to talk flexible working with you.
We’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. Our 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. 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 careers@virginmoney.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. Now the legal bit
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.