Senior Manager Credit Risk

Business Unit: Risk

💰 £76,000 - £95,000 per annum DOE + red-hot benefits🔥🎁

📍: UK Remote

📑: Permanent

Be the voice we need. Live a life more Virgin.

Our Team🫶

We have an exciting opportunity in our Strategic Credit Risk team within Credit Risk. As Senior Manager, Portfolio Performance you will use your Credit Risk expertise to lead the portfolio performance of the Chief Credit Office across all products. Your passion for Management Information and Analytics will drive the ongoing development and delivery of holistic credit risk portfolio oversight, insight and opinion to governance committees. You will work closely with the broader senior Credit Risk team and key stakeholders across the wider business to shape the bank’s future.

What you’ll be doing🤩👇

• Credit Insight and Reporting: Lead the development and delivery of credit risk oversight reporting, and management information (MI) for internal and external stakeholders, including key committees and regulatory bodies to support the Chief Credit officer, Credit Leadership Team and Boards/ Executive Risk Committees.
• Strategic Influence: Provide insightful advice and analysis to influence strategic decisions, ensuring the bank's credit portfolio is managed effectively and in line with industry developments and regulatory changes.
• Trend Analysis and Risk Identification: Analyse data and intelligence, including external market and competitors’ information, to identify portfolio trends, hotspots, and opportunities, providing high-quality credit insight and opinion.
• Credit Risk Appetite Statement (RAS): Develop credit risk appetite methodology and framework to ensure safe evolution of the credit risk portfolio aligned with the bank's strategy and regulatory requirements.
• Team Leadership: Manage and develop a small team of specialists, fostering a high-performing and motivated team environment.
• Stakeholder Collaboration: Work closely with 1st and 2nd Line of Defence (LOD) stakeholders, internal departments, and external entities to ensure comprehensive credit risk oversight and insight.
• Regulatory Compliance and Engagement: Ensure compliance with corporate standards, policies, and external legal and regulatory requirements, maintaining a robust risk management framework. Lead regulatory and external returns across the VM Credit Risk Team.
• Quality Control: Develop and implement quality control processes to ensure the accuracy and completeness of credit risk analysis and reporting.

We need you to have🌟

• Substantial credit risk expertise. A proven track record in various senior credit risk management positions across the Credit Lifecycle including evaluating Credit performance, portfolio management and strategies.
• The proven ability to lead with purpose and inspire your team to achieve exceptional results.
• Strong ability to condense and simplify complex information to brief and influence senior stakeholders both written and verbal
• The capability to turn ideas into practical solutions in a collaborative manner, effectively managing multiple priorities in a fast-changing environment.

It’s a bonus if you have but not essential🧁

• Retail credit and Business credit experience
• Strong understanding of 3 Lines of Defence Model and Risk Management Principles
• Strong knowledge of regulatory frameworks and experience of PRA and FCA engagement

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🤝.

⏰Applications Close: 21 Mar 2025 (4.00pm GMT)