Credit Risk Manager Innovation

Business Unit: Unsecured Credit Risk 
Salary range: circa up to £84,000 per annum DOE + red-hot benefits
Location:  Remote, UK 
Contract type:  Permanent  

Live for the weekday. Live a life more Virgin.

Our Team  

The Unsecured Credit team are responsible for setting the groups new lending, account management, and collections strategies across credit cards, personal loans, and overdrafts. The team is ultimately accountable for deciding which customers we lend to, and how much we are willing to lend to them. Therefore, this team is central to VMs growth ambitions, whilst also ensuring our lending meets a customer’s needs, remains within our risk appetite, and meets all regulatory requirements.  

What you’ll be doing 

• Demonstrating an appetite of searching and investigating the market for new innovative data solutions and technologies, working closely with 3rd parties to ensure provision of data to test initiatives. 
• Working closely with internal stakeholders such as Credit Modelling, Commercial, and Technology to ensure ideas and solutions are driven to tangible outcomes. 
• Managing and executing the entire end to end project delivery, drawing on colleagues across the wider team of strategy, insight, and oversight to resource specific initiatives depending on the expertise required. 
• Leading and co-ordinating the wider credit risk team to drive forward innovation in credit strategies, insight techniques, and wider team goals and culture. 
• Supporting Virgin Moneys growth ambitions through sustainable lending practices, whilst ensuring growth remains within our risk appetite framework. 
• Remaining abreast of all industry, competitor, and market developments, utilising external data sources to provide benchmarking analysis where appropriate.  

We need you to have 

• Demonstrable strong analytical experience, including comprehensive knowledge of SAS and SQL. 
• Proven experience of building trusted relationships with a wide range of senior stakeholders with an ability to condense and simplify complex information to all levels and audiences. 
• The ability to influence change within a large organisation. 
• Previous experience supporting multiple projects end to end in a fast-changing environment and the ability to prioritise effectively whilst managing various leadership expectations. 
• Strong background within unsecured credit risk. 
• Skilled in developing strategies in a consumer lending organisation. 
• Extensive knowledge of the UK lending market, particularly within the credit cards and personal loans space.  

It’s a bonus if you have but not essential 

• Working knowledge of Python or R within an analytical or modelling environment. 
• Experience working with the three UK credit reference agencies. 

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

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