Business Unit: Internal Audit
Location: UK Hybrid (Newcastle and Glasgow hubs attending as required)
Contract Type: Permanent
Join the Audit function as we transform our team into one that is ready to meet the challenges of the future, setting us up to support our ambition to disrupt the status quo and turn traditional banking on its head.
Our team leverage our knowledge to provide credible assurance and oversight in relation to key risks. This is an opportunity to play a key role in the third line in one of the leading UK banks. You will have the ability to influence stakeholders and have a tangible impact on the control environment for the bank to keep us safe.
Developing a great understanding of the business areas you work with and building strong effective, relationships with your key stakeholders and engaging those stakeholders on audit delivery, risk management and the control environment;
Supporting the development of a relevant, high quality and value-add audit plan for your area. You’ll also work with the wider team to take a “best team” approach to audits for other areas of our annual audit plan;
Leading and delivering audit engagements to agreed quality requirements and timescales;
Keeping pace with external regulations, internal audit best practice and any thought leadership in your area;
Promoting risk management and control awareness through proactive coaching with our stakeholders and development activities in our team; Demonstrable experience in Financial Crime (AML/CTF) with a solid understanding of activities such as sanctions screening, CDD/EDD, event driven triggers, transaction monitoring and suspicious activity reporting.
Fraud experience with a solid understanding of internal and external fraud.
Good knowledge of the financial crime and fraud legal and regulatory requirements for UK.
Money Laundering Regulations, POCA, JMLSG, PSR Regulations, and Economic Crime & Corporate Transparency Act.
Risk Management or Assurance.
It’s a bonus if you have but not essential
Practical experience in delivering audits or other assurance work.
Relevant qualifications in Economic Crime (Financial Crime or Fraud) or Internal Audit.
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.
Please ensure to submit your applications as soon as possible.
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.
Banking – but fairer, more rewarding, and for the good of society. 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
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.