Business Unit: Chief Operating Office
Salary Range: £56,000 to £84,000 per annum DOE + red-hot benefits
Location: UK Remote
Contract Type: Permanent
Be a change maker with more cha-ching. Live a life more Virgin.
Our Team
It's an exciting time for us as we grow our Financial Crime (PROTECT) 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 financial crime and sanction risk identification, ownership, management and control.
What you'll be doing
- Be responsible for ensuring relevant coherent and where appropriate documented advice is provided in relation to Sanctions compliance and risk management.
- Ensure areas of concern/success are escalated appropriately via governance to provide rapid and robust conclusions.
- Act as the escalation and decision point for sanctions advisory queries from across the first line of defence.
- Support the Business and Economic Crime operations teams with complex sanctions investigations or sanctions related regulatory or legal queries.
- Provide advice on sanctions screening system calibration and rule management.
- Drive compliance with the Sanctions and risk management framework by providing subject matter expertise and technical advice on sanctions queries, approvals and escalations.
- Collaborate with the second line of defence EC Risk team.
- Assist with internal audit and assurance actions and response relating to sanctions.
We need you to have
- Solid experience in sanctions and sanctions risk management.
- Leadership experience in sanctions.
- Broad knowledge of all Financial Crime control areas.
- The ability to influence senior management.
- Knowledge of financial crime and sanctions policy, standards and frameworks.
- Knowledge of retail and corporate business, products and customer management.
It's a bonus if you have but not essential
- ICA, ACAMS diploma or equivalent
- Experience of advisory roles in sanctions, including on regulatory guidance regarding risk based and proportionate approaches
- Experience of working on 1st Line or Business units within a Retail bank environment
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
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.