Risk & Controls Oversight Specialist

Business Unit: Business Controls
Salary range: 44800 - 56000 per annumDOE
Location: Hybrid with monthly travel required to a UK Virgin Money Hub
Contract type: Permanent

Our Team

At Virgin Money we believe in doing things differently. OurBusiness Partnering teamis at the heart of our Business Controls Office helping to shape safe sustainable growth across our Commercial business. Were the first line of defenceensuring our products and services deliver great outcomes for our customers while meeting regulatory expectations.

Were growing our team and looking for passionate detail-driven professionals who thrive in a collaborative purpose-led environment. As part of our dynamic forward-thinking team you will play a critical role in shaping the future of commercial success. You wont just maintain the framework youll shape it. Youll partner with senior stakeholders across Commercial Risk Operations and Technology to strengthen first-line controls embed risk awareness and lead meaningful change in how we think about governance.

What youll be doing

• Acting as an advisor to senior business leaders embedding a strong control environment that supports commercial objectives while maintaining risk integrity.
• Embedding the Retail Banking risk and control profile and continuous review approach in line with the Risk Management Framework.
• Supporting the business in the identification logging and management of issues and events ensuring this is regularly monitored and reported to the Senior Leadership Team.
• Planning scoping and delivery of assurance activity in line with Commercials oversight plan with assurance activities proportionate to the level of risk.
• Developing efficient evidence-based controls assurance frameworks and executing testing of key controls (design and operating effectiveness) reporting findings to senior management.
• Translate policies and risk appetite into operational action ensuring controls are practical sustainable and outcome-focused.
• Engaging with key stakeholders professionally and with integrity to generate productive working relationships at all levels of seniority.

We need you to have

• Experience of working with or knowledge of Retail Banking products and services
• A solid understanding of risk and control environments within a complex fast-paced business (preferably within financial services a fintech or other regulated environment)
• Proven ability to design implement and monitor effective control frameworks.
• Strong commercial acumen you understand how risk management adds value not friction.
• A proactive approach to problem-solving.
• Exceptional stakeholder management and communication skills with the confidence to challenge senior leaders constructively.

Its a bonus if you have but not essential

• In-depth knowledge of regulatory and business practices for Commercial products. Including experience with Consumer Duty.
• A university degree or equivalent experience in financial services

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 theres no waiting around youll enjoy these benefits from day one.

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 theNationwide grouptogether were the UKs 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 youll 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.Were committed to creating an inclusive culture where colleagues feel safe and inspired to contribute speak up and be heard.

As a Disability Confident Leader were 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 youre 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 youll be subject to periodic employment checks.