Model Validation Manager - Risk
Business Unit: Group Risk, Model Risk Management
Salary range: £54,800 - £68,500 per annum DOE + red-hot benefits
Location: Remote - work from anywhere within the UK
Contract type: 2x Permanent
Give your career some Virgin va-va-voom
Ensuring we have robust Model Risk Management frameworks in place is essential for us to comply with complex regulations and increasing regulatory expectations. As a firm that is now part of the Bank of England’s Solvency Stress Test, the use and controls around models is more important than ever. This is where our team comes in! We provide and evidence oversight in the form of independent validations, reviews, and challenge model development activities. We ensure we adhere to frameworks and policies by supporting identification and remediation of gaps in compliance.
As our team is expanding, we are looking to fill 2 Manager positions in Independent Model Validation. As part of the team, you’ll help to secure the foundations of our business decisions by providing effective leadership of quantitative and qualitative validations across our model landscape.
What you’ll be doing
We need you to have
It’s a bonus if you have but not essential
Red Hot Rewards
And there's no waiting around, you'll enjoy these benefits from day one.
Feeling insatiably curious about this role? Apply as soon as you can. 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. We're putting the full power of our experience behind disruptive ideas that reinvent the role a bank plays in people's lives. We strive to create positive experiences for our millions of customers and our purpose, ‘Making You Happier About Money’, underpins everything we do. We believe in doing banking differently, innovating and working together to make a real difference. 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 firstname.lastname@example.org
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.