Senior Risk Consultant (Permanent)
Virgin Money
Manchester, Greater Manchester; North West England; England, UK
Business Unit: COO Financial Crime Location : UK Remote Contract Type: Permanent Join Our Growing Economic Crime Team! It's an exciting time for us as we grow our Economic Crime team who have a critical role to play, keeping us and our customers safe. They are our first line of defence function and responsible for day-to-day fraud and financial crime risk identification, ownership, management and control. In this new role, you ll be responsible the integration of the VM risk optimisation in the first line of defence helping the bank to effectively manage financial crime risk and protect its customers. You ll provide oversight and report on the Economic Crime (EC) taxonomy framework to determine residual risk and control status at each level. This includes risk and control profile reporting, issues/actions management and reporting through governance. You ll have experience of Financial Crime as you positively challenge stakeholders in Economic Crime including Operations Service Delivery Management, Risk Operations and Fraud and Financial Crime (FC) Analytics to ensure reporting adds value and accurately presents risks. Ensure effective Economic Crime risk profile reporting Provide oversight and reporting of the EC risk taxonomy Manage internal information requests from stakeholders including the business and the second line of defence Escalate any control failures, risks, issues and events through formal governance Coordinate and draft inputs for standing EC and business risk committees and forums with the audience including the Money Laundering Reporting Officer and Senior Managers with responsibilities in Fraud and Financial Crime Strong Economic Crime Risk knowledge, specifically relating to Money Laundering, Sanctions, Bribery & Corruption, Facilitation of Tax Evasion, and Fraud. Experience in Control Identification, Design and Testing within Economic Crime or Fraud. Knowledge and experience of managing RACI inventories. Proficiency in MS Office, particularly in Excel and PowerPoint. It s a bonus if you have but not essential Knowledge of wider financial crime and fraud risks, threats and UK bank landscape An understanding of EC Risk and control frameworks Solid Knowledge of risk management including risk terminology and methodology 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. We're all about helping you Live a Life More Virgin , so happy to talk flexible working with you. 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. 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. 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 careers@virginmoney.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. 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.