Credit Risk Manager Group Insight - Glasgow, United Kingdom - Virgin Money

Virgin Money

Verified Company

Glasgow, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Business Unit:
Group Risk**Salary range
:up to circa £68,500 depending on experience

Location
:
Remote - UK Flexible with some requirement to attend office/HUB/ Store

Contract type**:
Permanent, Full Time

Your life more Virgin starts here

Virgin Money is all about disrupting the status quo, taking on the challenges of the future, and saying goodbye to boring banking.

We're on the lookout for like-minded individuals and innovators like you to help push us forward.

We're also transforming howwe work to give our colleagues more choice, control and flexibility to live and work how they choose with **A Life More Virgin.

Here's what it means for YOU**:

38.5 days annual leave for all colleagues (including bank holidays and pro rata if part-time)?
Up to five extra paid wellbeing days per year?
A 35hour working week
20 weeks paid, gender neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
Market leading Pension & Private Medical Insurance
Flexible benefits including Cycle to Work, Wellness & Health Assessments and Critical Illness
Ability to work anywhere in the UK? (where the role allows)

And you get these Red-Hot Rewards from day one

We're on the lookout for a Credit Risk Manager - Group Insight who'll be responsible for the provision of appropriate, accurate, and timely, insight, and opinion on the Group's credit portfolio for use across a range of internal and external stakeholders.

Reporting to the Senior Credit Risk Manager - Group Insight, you'll use your passion for data and MI to support the ongoing development and delivery of Credit Risk reporting and MI for the Risk Management Leadership Team and the wider business as required.

You and the team will work closely with the broader Credit Risk team and key stakeholders across the wider business.

Does this sound like your kind of role? Here's more on what you'll do day to day.

The role in a nutshell:

Development and delivery of the Credit Risk insight, and opinion in support of the Chief Credit Officer and the Credit Leadership Team.
Manage the delivery of credit portfolio insight to ensure that existing and future trends are clearly highlighted with associated risks and recommended actions. including internal committee & Board deliverables, regulatory updates, reporting to internalstakeholders (Commercial, Risk, Finance & Treasury, IR, CX) and external stakeholders
Working with the portfolio teams, develop the capability to enhance credit risk insight across the credit portfolios.
Manage and implement effective systems and controls to identify, measure and monitor all credit portfolio related business and regulatory risks
Provide credit risk insight versus competitors and in response to regulatory change pronouncements, external developments in the industry and horizon scanning
Develop appropriate and insightful analysis which will help influence decisions upon future strategies.
Develop delivery of a quality control capability to ensure all analysis and insight is completed to the highest standard.

This includes working with 1LOD sources of data and reporting, risk analytics and the credit portfolio teams to ensure the availabilityand completeness of the inputs required to support credit risk insight.

Manage and develop portfolio level Credit RAS metrics aligned to Credit and Bank strategy to ensure safe development of the Credit portfolio.
Ensure compliance with all corporate standards, policies, processes, and procedures and with all external legal, regulatory, and voluntary codes and practices.
Support the Senior manager in keeping abreast of all external developments and asses the Bank's position relative to these through advice and insight to the Credit Leadership Team, the wider Risk Leadership team, other internal stakeholders, and GovernanceForums as appropriate.

**There are a few essentials you need to bring
- *

Experience in Financial Services or banking with practical experience of credit performance reporting.
Expert credit risk knowledge is essential.
Experience of delivering complex insight and opinion to challenging timescales with agreed resources
Ability to turn complex and diverse results into readily understandable insight, highlighting key aspects of operational/ strategic performance
Experience of delivering to, and working with, senior management.
Aptitude for coaching and developing team members to ensure delivery to a consistently high standard

Computer literate

PowerPoint / Excel / Office / Teams

We'd love you to have (but not essential)...

Experience using SAS
Strong understanding of the operations of Credit Risk and the wider business
Comprehensive understanding of the Group's Credit risk policies and methodologies
Understanding of IRB and IFRS
Proven ability to build strong networks and relationships with internal and external parties
Strong people management skills

We really need you to have the skills and experience listed in the '
There are a few essentials you need to bring'section above, but the rest is just our wish list, so please don't let that put you off applying, we'd love to hear from you

Inclusion at Virgin Money
**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 will need to you to confirm you have the Right to Work in the UK.

If we offer you a job and you accept, there are some checks we need to complete before you can start with us.

This will include a credit and criminal record check, as well as providing 3 years' worth of satisfactory references.