Business Unit:  Economic Crime Risk
Salary range: up to circa £55,000 per annum DOE + red-hot benefits
Location:  UK Flexible
Contract type: Permanent 

Live for the weekday. Live a life more Virgin.

Our Team

You’ll be part of a team of assurance professionals helping the bank meet its legal and regulatory obligations by conducting timely Thematic Reviews, Ongoing Assurance and Close and Continuous systems assurance activities across all elements of Economic Crime (Fraud, Anti-Money Laundering, Counter-Terrorist Financing, Tax Evasion, Bribery and Corruption, Proliferation Financing and Sanctions Evasion).

What you’ll be doing

Acting as a key subject matter expert in designing and executing systems assurance activity to ensure the bank’s Controls are keeping customers safe and Economic Crime systems are effective, including payment screening, client screening, Transaction Monitoring, Customer Risk Assessment systems, and fraud prevention and detection systems. Planning, developing and executing an effective risk based annual Economic Crime Assurance Programme to include, Fraud and Financial Crime systems related thematic reviews and ongoing assurance activity. Completing planned systems assurance reviews on time and to required quality using Economic Crime subject matter expertise to ensure control design and operation is efficient and effective. Demonstrating your understanding of the Bank’s customers, products, channels, and business areas and the associated Economic Crime risks Identifying control weaknesses and areas for improvement to enhance the Bank’s Economic Crime framework. Delivering independent testing of all component parts of a defence system, including data lineage/mapping, data reconciliation, rule/model calibration, change management and governance. Proactively analyse trends and systems capability, making recommendations for rules or systems enhancements and identify control weaknesses through Ongoing Assurance activity. Consistently produce targeted high quality written and verbal communication to senior management level. Working with Assurance, Audit and Systems teams to ensure that Economic Crime Assurance Plans are understood. Feeding Assurance findings into future risk-based Economic Crime Assurance plan for VMUK. 

We need you to have

Ideally a minimum of 5 years’ experience in Financial Services working in a financial crime/fraud analytical role, managing, and analysing large quantities of complex data. A proven track record of high professional standards involving research and analytical skills, with the ability to analyse data and communicate technical and regulatory matters in a non-technical manner. Evident SQL enhanced knowledge and practical experience with SAS is beneficial Experience of performance testing of Financial Crime systems and data feeds. Proven experience of delivering Assurance / Audit reviews Experience as an Economic Crime SME with extensive knowledge of relevant regulation, risks, threats and landscape.

It’s a bonus if you have but not essential

Good understanding of Economic Crime risk identification, assessment and measurement principles. Excellent written and verbal communication skills, adapting style to a wide range of people across the bank. A good understanding of the Bank’s customers, products, channels, and business areas and the associated economic crime risks.

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 careers@virginmoney.com

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.