Here's a job ads I am interested in. Business Unit: IRB, Scorecards & Non-Financial Risk (IS&N) Salary range: £60,000 - £75,000 per annum DOE + red-hot benefits Location: UK Flexible. Be the voice we need. Live a life more Virgin.

Our team

Our Risk department provide us with a fool proof framework to make decisions that we know will keep our customers’ and investors’ money safe. They are always safeguarding our bank from an array of risks that could pop up at any moment. As part of the Business Lending & Current Account IRB & Scorecards team you’ll help to secure the foundations of our business decisions by providing quantitative and qualitative analysis across our model suite, providing solutions support the acquisition of new business, risk-based account management and manage capital across the banks’ lending portfolios. What you’ll be doing

· Managing multiple complex model development projects and analyses; delivering the scoping, design, development, validation and implementation of models, in line with Bank standards and regulatory compliance requirements

· Taking ownership and responsibility for ensuring the performance of models are understood and identifying model enhancements

· Adding value to discussions to ensure appropriate and insightful end to end current and emerging model risks are captured through the governance framework.

· Developing and remediating the Business Lending & Current Account IRB & Scorecards model landscape to ensure effective risk management and capital allocation.

· Providing subject matter expertise on modelling, model use and management on all bank projects.

· Deputising for the Senior Data Science Manager at senior stakeholder and committee meetings.

· Acting as a business banking modelling consultant for the team and associated stakeholders. We need you to have

· Substantial experience in business banking modelling including a detailed understanding of the business banking life cycle and associated regulations.

· Significant experience in Banking and Risk Management, ideally in an IRB bank, including leading model developments.

· Exceptional understanding of the techniques, principles and applications of credit risk scoring

· An analytical mind set and logical approach to problem solving allowing for the understanding and resolution of complex issues.

· Experience in an environment that drives strong commercial understanding and utilises the interpretation of complex data collation and analysis to identify effective data and systems capabilities.

· Strong communication skills with the ability to tell a compelling story, persuade, influence and communicate complex messages clearly to all levels across the organisation.

· The proven ability to lead project teams and demonstrate a track record of success in model and scorecard development, ensuring projects are delivered on schedule and to the required standard.

It’s a bonus if you have but not essential

· Detailed knowledge of IRB and regulations (CRR, CRD IV, SS11/13), experience in dealing with the Regulator and facilitating the annual attestation.

· Knowledge of established and emerging industry practice (e.g Stress Testing and Economic Capital)

· Advanced knowledge of time management, people leadership and resource utilisation

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.

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, and we're putting the full power of our experience behind disruptive ideas that reinvent the role a bank plays in people's lives. We're customer-obsessed and work tirelessly to deliver on our purpose, ‘Making You Happier About Money.’ This means we're able to do banking differently, and by innovating and working together we can make a real difference by creating memorable moments and red-hot experiences for our millions of customers. 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 <PRESIDIO_ANONYMIZED_EMAIL_ADDRESS>

It’s important to note that there may be occasions where it’s not possible to interview all candidates declaring a disability who meet the essential criteria for the job. In certain recruitment situations such as receiving a high-volume of applications, we may need to limit the overall numbers of interviews offered to both disabled and non-disabled applicants.


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.