Economic Crime Governance and Reporting Specialist

Business Unit:  Customer Service and Operations
Salary range: Circa £45,000 per annum DOE + Benefits
Location:  UK Remote with the option to work in any of our offices/hubs around the UK
Contract type: Permanent full-time

Our Team

We’re looking for an experienced Governance and Reporting Specialist who’ll be responsible for leading the coordination of Economic Crime (EC) governance forums in the first line of defence helping the bank to effectively manage financial crime risk and protect its customers.

As part of the team, you’ll coordinate and collate a suite of reporting to ensure senior management in Compliance, risk and business functions receive actionable insights on Economic Crime risk and performance. This involves challenging the leadership team in Economic Crime including Operations Service Delivery Management, Risk Operations and Fraud and Financial Crime Analytics to ensure reporting adds value and accurately presents risks. In addition, you’ll use your stakeholder management and communication skills to coordinate first line of defence EC governance, taking responsibility for the effective operation of forums.

What you’ll be doing

• Overseeing the preparation of dashboards and MI on EC risk management and performance for board and senior management level reporting.
• Managing content sources, data flows and reporting deadlines for all required reporting, ensuring inputs are submitted on a timely basis.
• Reviewing and challenging commentary provided by Senior Managers in Operations Service Delivery Management, Risk Operations and Fraud and Financial Crime Analytics to ensure the quality of papers.
• Defining and maintaining appropriate governance and procedural documentation.
• Ensuring an efficient flow of information across the organisation.
• Facilitating the development of new reporting based on evolving stakeholder requirements.
• Working with Risk Partners, monitoring the position of the bank against agreed Key Risk and Key Performance Indicators.
• Managing internal information requests from stakeholders including the business and the second line of defence.
• Escalating any control failures highlighted by MI in a timely and effective manner.
• Coordinating and drafting inputs for standing EC and business risk committees and forums with the audience including the Money Laundering Reporting Officer and Senior Managers with responsibilities in fraud and financial crime.
• Coordinating first line of defence EC forums, ensuring accurate minutes and actions are produced and distributed on a timely basis.
• Managing and reporting progress of actions flowing from governance forums.

We need you to have

• A proven track record of successfully managing and coordinating committees or forums in a corporate governance environment.
• Practical experience of prioritising workload and working to tight deadlines.
• Experience and confidence in raising difficult issues with senior management in a meeting environment.
• Practical experience of producing reports to engage and influence senior management.
• Demonstrable knowledge and understanding of Economic Crime risk and industry trends.
• Substantial experience in Stakeholder engagement and relationship management.
• Experience working a risk focused management environment.
• Intermediate knowledge and experience in Microsoft Excel.

It’s a bonus if you have but not essential

• Experience of effective governance practice in a regulated sector.
• Experience in the reporting and visualisation of MI and data.
• Knowledge of data quality and validation.

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. 

If we’re 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 the Nationwide group, together we're the UK's 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, you’ll 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.  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

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, 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.