Senior Compliance Consultant
Help keep us safe
Virgin Money’s Compliance team is part of our "second line of defence", making sure the business meets regulatory requirements by operating effective processes and controls. The team plays an ever evolving role within our organisation, helping us to keep our business and customers safe.
As a consultant you’ll apply your technical knowledge and expertise by providing oversight of policy, process, systems and procedures to ensure full compliance with regulatory standards. Specifically you’ll propose changes to VM policies, frameworks, processes arising from the interpretation of changes in regulation and/or business requirements to ensure Virgin Money remains compliant. You’ll also perform risk assessment, testing and reporting activity as directed by managers and senior leaders in Risk, including detailed gap analysis of the implications of the new regulations. You’ll report the results of your compliance work to senior stakeholders via formal reports and presentation at risk committees.
To be brilliant in this role you will ideally be degree qualified with a well-developed understanding of compliance and experience in a retail banking environment. This is an exciting role in which you’ll be heavily involved in all aspects of risk; helping shape and influence the banks future. We need you to have relevant technical experience of the Sourcebooks particularly in respect of SYSC, FEES, COBS, ICOBS, BCOBS & CONC (including relevant LSB and European requirements). You’ll have gravitas and the ability to lead as you work collaboratively with colleagues and stakeholders on projects ensuring delivery.
Join us to set new standards for banking - apply now
Our aim is to nurture a skilled, diverse and committed workforce where every individual - regardless of background - can share our purpose, reach their potential and be rewarded appropriately for their contribution to our success.
Salary: £38,000 - £48,000
Location: Newcastle or Edinburgh