Business Unit: Group Business Banking, Strategic Finance
Salary Range: £88,160 - £132,240 per annum DOE + red hot benefits
Location: London
Live for the weekday. Live a life more Virgin.
Our Team
Exciting opportunities exist within our Strategic Finance team and we’re looking for a Senior Director to join our successful team in London. You will play a pivotal role in driving and implementing the Bank’s growth strategy, and through strong relationships with external professionals and key business introducers across London and the South East, you be responsible for sourcing and delivering new to bank debt led transactions, generating income and returns.
We are looking for dynamic people, who are ready to make a real difference. The role is far-reaching and will allow the role holder to obtain a considerable profile both externally and internally within the business. We’ll encourage and reward you, help you to win transactions, whilst building a successful career.
What you'll be doing
Driving the development and implementation of the Bank’s growth strategy, measured through the delivery of new to bank Acquisition Finance and/or Corporate Finance debt led transactions. Being aligned to the Bank’s Risk Appetite and being accountable for risk and compliance with the aim of minimising the Bank’s exposure to bad and doubtful debt. Maintaining and further building external presence in the marketplace and maintaining / developing a reputation for delivery. Structuring and recommending lending proposals for credit decisioning, including analysing and interpreting financial information, and assessment of management teams to make informed decisions on new to bank transactions. Sharing knowledge and contacts with other members of the Strategic Finance team. Holding and maintaining knowledge of the current economic climate and relevant markets. Displaying strong organisational skills and effective project management ability, working collaboratively with the Strategic Finance Leadership Team in generating and optimising income and ROE.We need you to have
Expert knowledge of the regional lending market and in compiling Corporate and Acquisition Finance offerings, and the ability to convert this knowledge, through excellent credit skills, to complete new to bank lending. A broad range of external KBI contacts and connections including Private Equity principals. Excellent communication and influencing skills, building instant credibility with stakeholders, and an ability to deliver difficult messages. Significant experience in managing all aspects of a deal process from inception to completion – including preparation of detailed and well researched credit papers, leading negotiations with Management Teams, Advisors and Funding Partners, the instruction and review of detailed Due Diligence reports, overseeing of complex legal processes (including LMA form documentation) and the management of all aspects of a deal completion process. Excellent team player who collaborates to add value and make a difference. Ability to deliver to specific deadlines, working on own initiative. Capacity to cope with complex and continually challenging situations and to have a flexible approach to challenges and problems. Significant financial services experience and detailed and up to date knowledge of UK financial markets. Up to date knowledge of financial analysis and modelling tools and techniques. Understanding of Corporate Finance including how deals are structured and negotiated.It's a bonus but not essential if you have
Business Degree and relevant vocational financial services qualification – e.g. Chartered Institute of Bankers, Chartered Accountant etc. In depth understanding of risk and compliance requirements.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.