Job Description

Unit: Business Banking
Salary: \xc2\xa339,600 - \xc2\xa359,400 per annum DOE + red-hot benefits
Location: England Midlands

Give your career some Virgin va-va-voom

If you are looking for a rewarding career and enjoy being part of a successful team, then we\'re looking for you to join our Virgin Money Business Banking team. As an Associate Director in the Strategic Finance Team you will be responsible for supporting the Acquisition Finance and Corporate teams\' delivery of their business development strategy, originating new and helping to manage existing business opportunities to optimise income and Return on Equity for the Bank. The role is far-reaching and will allow the role holder to develop their exposure to more complex lending structures and transactions within the Bank whilst raising their profile both externally and internally within the business.

What you\'ll be doing

• Pro-actively assisting the Acquisition Finance and Corporate teams to operate effectively and efficiently on a day-to-day basis
• Working with the team on deal origination and execution from initial meetings through to completion of new transactions including analysis of new business proposals and undertaking independent research on companies and sub-sectors
• Supporting Relationship Directors in managing and monitoring the portfolio, ensuring compliance on all credit, operations, loan administration and other risk and administrative matters as necessary
• Preparing detailed credit applications in respect of existing customers and new proposals, including the preparation and analysis of financial models
• Instructing, completing and processing internal and external documentation to ensure loan and security documentation is prepared and in order and due diligence is correctly scoped
• Monitoring ongoing compliance with the facility agreement and covenants, and ensuring that all pre-and post-deal housekeeping and internal compliance requirements are met
• Liaising effectively with customers, various Agency functions and Credit Department in respect of existing customer reviews and consent requests
• Developing and expanding your own network of internal and external contacts

We need you to have

• Excellent qualitative and quantitative analytical skills, ideally including knowledge of Acquisition Finance and Corporate transactions
• Ability to understand and interpret financial statements and due diligence reports
• Developed Excel financial modelling skills
• Knowledge of Loan Market Association loan and security documentation plus the operation of Syndicated/Club transactions
• Commitment to consistently provide high standards of work with outstanding attention to detail
• Knowledge of systems and processes in a financial services environment
• Capacity to cope with complex situations, tight deadlines and to have a flexible approach to challenges and problem solving
• A passion for delivering outstanding customer service
• Good interpersonal skills and written and verbal communication skills
• Be a strong team player

It\'s a bonus if you have but not essential

• A relevant vocational financial services qualification e.g. Chartered Banker, Chartered Accountant etc
• A tertiary qualification in a business discipline. Further qualifications are desirable, but not mandatory
• Understanding of risk and compliance requirements in line with the role
• A knowledge of lending and securities policy and procedures

Just to flag
Not sure you\'ve all the skills? That\'s okay - still apply as we value passion and potential so tell us why you\'d be great in your application.

Red Hot Rewards

• Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time)\xe2\x80\x8b plus the option to buy more
• Up to five extra paid well-being days per year\xe2\x80\x8b
• 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
• Market-leading pension and free private medical cover
• Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness
• Ability to work anywhere in the UK\xe2\x80\x8b (where the role allows)

And there\'s no waiting around, you\'ll enjoy these benefits from day one.

Feeling insatiably curious about this role? Apply as soon as you can. 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. We\'re putting the full power of our experience behind disruptive ideas that reinvent the role a bank plays in people\'s lives. We strive to create positive experiences for our millions of customers and our purpose, \'Making You Happier About Money\', underpins everything we do. We believe in doing banking differently, innovating and working together to make a real difference. 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.

Advertised: 08 Sep 2023 GMT Daylight Time
Applications close: 18 Sep 2023 GMT Daylight Time

Virgin Money