Senior Control Manager - Business Banking

Senior Control Manager - Business Banking

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Job no: 700121

Work type: Permanent Full Time

Location: London, Head Office - Glasgow, Hybrid, Glasgow City

Categories: Risk

Business Unit: Business Control

Salary range: £84,000 - £105,000 Per Annum DOE + Benefits

Location (additional): UK Hybrid - London (2 days per week) or Glasgow

Contract type: Permanent

Our Team but now refined:
Our Business Control Team enables safe and sustainable growth. We are committed to driving risk excellence and proactive risk management in the first line of defence. This brand-new role has been created to lead our team that supports Controls management alongside our Business Banking colleagues.

What you’ll be doing

• Leading a team to develop and embed efficient, evidence-based control management and testing frameworks to demonstrate adherence to the Risk Management Framework (RMF), Group policies and minimum control standards.
• Manage the Business Banking reporting and governance processes, including but not limited to, Business Risk Board and relevant onward governance (such as Enterprise Risk Committee (ERC)).
• Lead the teams to manage and embed Risk Transformation and other risk related projects in the first line of defence
• Develop and execute an effective and dynamic annual plan of key controls testing aligned to the Business Banking risk profile, adopting a pragmatic approach to risk management.
• Provide support, guidance and SME controls advice to support the timely completion of actions arising from Audit and Risk Assurance activities
• Manage the relationship with the 2nd and 3rd Line Of Defence (LOD) stakeholders, ensuring a coordinated, proportionate and efficient approach to risk and controls management.

We need you to have

• Background in Business Banking, with a strong understanding of key risks within the Business Lending environment.
• Proven risk management experience across the 1st, 2nd or 3rd line of defence, demonstrating sound judgement, strong control awareness and the ability to assess materiality effectively.
• Confident decision-maker, able to form balanced, independent conclusions backed by careful analysis and a well-reasoned rationale.
• Excellent communication skills, with the ability to produce high-quality, concise and insightful reporting.
• Skilled at influencing senior stakeholders, including presenting effectively in formal and committee forums.
• Strong, demonstrable knowledge of Risk & Control Frameworks, including controls design, control effectiveness, monitoring, and remediation expectations.
• Ability to embed and evidence adherence to the Risk Management Framework (RMF), Group policies and minimum control standards.

It’s a bonus if you have but not essential

• Testing and Assurance skills
• Business/risk or legal degree or significant industry level equivalent

Red Hot Rewards

• 25 days holiday per year, increasing over time to 30. Plus, an option to buy more, giving you even more choice.
• Private medical insurance
• A highly competitive pension to help you build a strong foundation for retirement
• Access to an annual performance-related bonus
• Training and development to help you progress your career
• A great selection of additional benefits through our flexible benefits scheme
• Life assurance to provide peace of mind for you and your loved ones
• Up to 2 days of paid volunteering a year

If we’re lucky to receive a lot of interest, we may close the advert early. Please submit your applications as soon as possible.

Virgin Money is part of the Nation Wide group and aims to be the UK's first full-service mutual bank serving millions of retail and business customers, driven by our purpose:
Banking but fairer, more rewarding and for the good of society.

Be yourself at Virgin Money

We celebrate everyone and pursue our purpose of Banking – but fairer, more rewarding, and for the good of society. We are committed to an inclusive culture where colleagues feel safe and heard.

As a Disability Confident Leader, we’re committed to removing obstacles to inclusion. If you need reasonable adjustments or support making your application, contact our Talent Acquisition team at

Please note:

If we receive a high volume of eligible applications, we may prioritise…