Business Unit: Chief Credit Office Salary range: £58,400 - £73,000 Location: UK Hybrid - with occasional travel required to one of our key hubs Contract type : Permanent Our Team Our Business Credit Insight and Innovation team plays a pivotal role in shaping our lending strategy across Business lending. We're looking for a Credit Risk Manager to join our team and help us innovate and continue to grow responsibly while ensuring our lending meets customer needs and regulatory standards. You’ll lead the regular credit performance review of the business portfolios, presenting to senior stakeholders your findings, positively influencing the strategic direction of the portfolios. You will be responsible for delivering insight into our business portfolio as well as using your experience and expert judgement to drive the strategy. Crucial to this role will be supporting the continued efficiency and improvements to our portfolio insight, delivering timely, accurate and actionable insight to senior committees and external regulators. What you’ll be doing Leading a small team who are transforming how credit risk is assessed and monitored across the Business lending portfolio, with a strong focus on designing and implementing new methods of risk analysis, trend identification, and portfolio diagnostics. You’ll drive innovation, automation, and efficiency in our approach to portfolio oversight. Spearheading the development and recommendation of appropriate Credit Risk Appetite metrics, limits, and triggers, ensuring effective engagement across both the 1st and 2nd Lines of Defence. Delivering coherent, actionable insight and challenge on the credit quality of the business portfolio to a range of internal and external stakeholders, including senior committees and regulators. Owning regular deep dives and assessments of portfolio composition and asset quality, leading cross-team engagement to ensure insights are robust, high-quality, and drive meaningful action. Championing a culture of continuous improvement, simplifying processes, enhancing analytical sophistication, and embedding new techniques to better understand and manage portfolio risk. We need you to have Strong experience within a business lending environment, with technical expertise in SAS, Python, R, SQL or other data management tools used for conducting portfolio analytics. An analytical mindset with the ability to turn complex data into clear, actionable insights and an ability to land succinct messages with senior leaders. Curiosity and a proactive approach to identifying trends, uncovering root causes, and exploring scenario analysis. A collaborative style, with a track record of influencing change and building trusted relationships with key stakeholders. Attention to detail, ensuring analytics produced is accurate, robust and meaningful. It’s a bonus if you have but not essential Experience of business credit within an IRB environment. Experience across business credit risk modelling and analytics. Broad knowledge of Risk Management disciplines and three lines of defence frameworks. 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. If we’re lucky to receive a lot of interest, we may close the advert early. Please ensure to submit your applications as soon as possible. Say hello to Virgin Money Virgin Money is so much more than just a bank. As part of the Nationwide group, together we're the UK's first full-service mutual bank serving millions of retail and business customers and all driven by our purpose ; Banking but fairer, more rewarding and for the good of society. With us, you’ll be part of an organisation uniquely positioned to make a difference to the lives of customers, communities and broader society and embark on a collaborative, customer obsessed, and fun-filled career journey. Embrace the weekdays, enjoy fantastic perks, and make a meaningful positive difference. Time to discover what it means to be part of the first mutual full-service banking provider. Be yourself at Virgin Money At Virgin Money, we celebrate everyone. We have fun, think big, and relentlessly include each other, all in pursuit of our purpose: Banking – but fairer, more rewarding, and for the good of society. 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 Please note: If we receive a high volume of eligible applications, we may need to prioritise candidates whose skills and experience most closely align with the role, while still ensuring fair and equitable consideration for all applicants. Now the legal bit Although some of our roles allow you to be based anywhere in the UK, 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.