Credit Risk Senior Analyst

Business Unit: Risk, Unsecured Portfolios 
Career Direction: Digitising Our Future
Role Focus: Technical Analysis; Peer Group: Leaders and Specialists (A)
Salary: £32,000 - £48,000 per annum
Location: Remote - Flexible with some to face team meetings at any of our HUBs - few times per year.
Contract Type: Permanent

Get out of your comfort zone. Live a life more Virgin.

Our team

The Unsecured Credit Risk team reports into a Credit Risk Manager and provides input to the Risk Management Leadership Team, Risk committees and the wider business as required, including the Commercial, Finance and Customer Experience teams. We're responsible for proactive management of strategies covering credit lifecycle, ensuring policy performance meets risk and reward guardrails. In this team, no two days will be the same as you collaborate with a range of stakeholders to ensure analysis is providing true insight into risks and opportunities.

What you'll be doing

• Using your experience and judgement to design and set strategies for the Personal Loans and Current Account portfolios, ensuring they adhere to the Risk Appetite Statements and applicable regulations whilst allowing safe, profitable unsecured lending growth.
• Performing analysis using SAS and Microsoft office to explore emerging trends and make subsequent strategy changes.
• Working collaboratively with Credit Strategy owners and Commercial and operational colleagues to identify improvements that maintain regulatory compliance, improve efficiency, or provides additional value to the business.
• Supporting the Credit Risk Manager to provide meaningful insight and recommendations for Senior Management and to relevant meetings and committees.
• Developing and maintaining a relationship with the wider Credit Risk teams to ensure that best practice is shared.
• Helping maintain our internal Governance frameworks, policies and Regulatory guidelines and ensuring this framework is embedded in the business to ensure sound risk practices are adopted.
• Delivering high-quality customer service, including implementation of a culture to continuously improve and rationalise processes and related complexity.

We need you to have 

•  A proven track record of using data analysis to reach informed conclusions.  
• Expert knowledge and experience of using MS Office suite, as well as strong analytical experience in SAS and/or SQL.
• Experience in the development of Credit Risk strategies, policies and procedures.
• Excellent communication skills with the ability to condense and simplify complex information.
• Capacity to handle high workflows and prioritise appropriately. The ability to build strong networks to collaborate effectively with internal and external parties.

It's a bonus if you have but not essential

• Experience working within Credit Risk on Personal Loans/Current Accounts products.
• Experience in influencing change in a positive and collaborative manner.

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'll interview candidates with a disability who meet the minimum requirements for the role they applied to. If you need any reasonable adjustments or support making your application, contact our Talent Acquisition team

Points to Note:  It's a good idea to let your current people leader know if you are going to apply for an internal role, so they can support your application, we always recommend you share your plans with them.
If you're interested in this opportunity, we recommend that you get in touch with  who'll be able to tell you all about the role which will help you make a great application.

Now the legal bit

Please note that some of our legacy contracts are non-flexible therefore, if you move to a new role or make a change to your existing terms, you'll move onto our standard flexible contract, 8am - 8pm.

If you successfully secure a new role, the salary and notice period you'll be offered will be in line with our reward and policy guidance. Not sure what this would mean for you, and want to know more? Contact Talent Acquisition, or feel free to start a conversation with HaRi our new HR Virtual Agent on MS Teams to help with your questions.