Controls Specialist

Business Unit:  Business Controls
Salary Range: £44,800 - £67,200 per annum DOE + Red hot benefits 
Location:  Remote with occasional travel required to a Hub location

Live up to your potential. Live a life more Virgin.

Our Team

The Commercial Business Control team works to enable safe growth within the Business & Commercial function. The team is responsible for identifying and managing the risks faced by the business and ensuring that the necessary controls are in place to keep the risks at an acceptable level.  This role is within the Business Partnering team which provides ongoing support and oversight of the Business & Commercial business units.

What you’ll be doing

• Supporting in the embedding the Business & Commercial risk and control profile and continuous review approach in line with the Risk Management Framework.
• Supporting delivery of accurate and timely escalated risk reporting to Business & Commercial Leadership Team and corporate risk committees in line with the Group Risk management Framework.
• Continuously developing understanding in specific areas of Business & Commercial to provide risk management support.
• Planning, scoping and delivery of assurance activity in line with Commercial’s oversight plan, with assurance activities proportionate to the level of risk.
• Developing efficient, evidence-based controls assurance frameworks and executing testing of key controls to demonstrate effectiveness of key controls (design and operating effectiveness).
• Identifying material risks, key control issues and driving the business to deliver agreed action plans.
• Communicating in clear and concise language what assurance activity has taken place, what has been found, the materiality of the findings and what is expected to improve or correct to remediate or mitigate findings.
• 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 Risk Frameworks and Systems.
• Experience of controls assurance practices.
• Significant Financial Services Industry experience.
• High level of interpersonal skills, ability to present and influence at and effectively manage stakeholder relationships.
• A passion for understanding customers and ensuring they are at the heart of everything we do.

It’s a bonus if you have but not essential

• Experience of working within Business Banking or another of the Commercial business areas.

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 Money
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. 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 Money
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.  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 careers@virginmoney.com

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 bit
Living 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.