At a Glance
- Tasks: Lead corporate banking strategy and manage key business relationships.
- Company: Join Virgin Money, a forward-thinking bank with a mission to make banking fairer.
- Benefits: Enjoy 25 days holiday, private medical insurance, and a competitive pension.
- Why this job: Make a real impact in a dynamic environment while building your career.
- Qualifications: Proven corporate banking experience and strong communication skills.
- Other info: Be part of an inclusive culture that values collaboration and innovation.
The predicted salary is between 76000 - 95000 £ per year.
Business Unit: Group Business Banking
Salary range: £76,000 - £95,000 per annum DOE + Benefits
Location: UK Hybrid - Glasgow
Contract type: Permanent
Our Team
Virgin Money has grown, and we have got big plans for the future - you would be joining us at an exciting point on our journey. It is a fast-paced place to be, and we are looking for great people to take us to the next level. Exciting opportunities exist within our Strategic Finance team in West of Scotland.
As a Senior Director in Corporate Banking, you will play a pivotal role in the relationship management of a portfolio of some of the Bank's largest business banking customers whilst maintaining a strong market presence, proactively driving and implementing the Bank's strategy in providing senior debt for corporate transactions. You will be responsible for sourcing and delivering new lending opportunities and customers for the Bank, generating additional income and strong returns, and maintaining and deepening relationships with existing customers and Introducers across the market. 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 corporate banking strategy, including the achievement of business development and growth in line with the business bank's strategic agenda.
- Building and strengthening market presence, positioning the Bank as a trusted provider of senior debt for corporate transactions and securing high-quality lending opportunities both for existing and new customers.
- Structuring and presenting complex corporate lending proposals, leveraging deep financial analysis and management assessment to support robust credit decisions.
- Championing risk management and compliance, maintaining strict adherence to the Bank's Risk Appetite to minimize exposure to bad and doubtful debt.
- Fostering collaboration and capability within the Strategic Finance team, including working in close partnership with colleagues, sharing expertise across the wider team, and providing coaching to drive collective performance.
- Staying ahead of market trends, maintaining expert knowledge of economic conditions and the corporate finance landscape to inform strategic decisions.
- Delivering strong organisational and project leadership, partnering with the Strategic Finance Leadership Team to maximise income and optimise ROE.
- Acting as an ambassador for Virgin Money, demonstrating enterprise-wide behaviours and reinforcing brand values in every market interaction.
We need you to have
- Comprehensive financial services background, with up-to-date knowledge of UK markets and regulatory frameworks.
- Corporate Banking expertise, with a proven track record in structuring and executing complex lending agreements.
- Hands-on experience with club banks, and similar organisations to participate in multi-bank arrangements.
- Deep knowledge of regional lending markets, converting insight into high-quality, new-to-bank lending opportunities, including through exceptional credit skills.
- External network, leveraging strong relationships to originate and close deals.
- Outstanding communication and influencing skills, building instant credibility and handling challenging conversations effectively.
- End-to-end deal management experience, including detailed credit paper preparation, negotiations with varied stakeholders, due diligence oversight, legal documentation (LMA), and completion.
- Collaborative team player, adding value through knowledge sharing and coaching.
- Proven ability to deliver under pressure, meeting tight deadlines with initiative and resilience.
- Adaptability in complex, fast-changing environments, applying flexible problem-solving approaches.
- Advanced financial analysis and modelling skills, using current tools and techniques.
It's a bonus if you have but not essential
- In depth understanding of risk and compliance requirements in line with the role.
- Portfolio / Project management expertise ability to manage competing priorities.
- Business Degree and relevant vocational financial services qualification and/or proven track record and experience in a similar role - e.g. Chartered Institute of Bankers, Chartered Accountant etc.
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 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.
Senior Director in Glasgow employer: Virgin Money
Contact Detail:
Virgin Money Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Director in Glasgow
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant LinkedIn groups, and don’t be shy about reaching out to potential contacts. Building relationships can open doors to opportunities that aren’t even advertised.
✨Ace the Informational Interview
Set up informal chats with professionals in your desired field. This isn’t just about asking for a job; it’s about gathering insights and advice. Plus, it shows your genuine interest and can lead to referrals down the line!
✨Showcase Your Expertise
Create content that highlights your knowledge in corporate banking. Whether it’s writing articles, sharing insights on social media, or speaking at events, showcasing your expertise can position you as a thought leader and attract attention from recruiters.
✨Apply Directly Through Our Website
When you find a role that excites you, apply directly through our website. It not only shows your enthusiasm but also ensures your application gets the attention it deserves. Plus, we love seeing candidates who are proactive!
We think you need these skills to ace Senior Director in Glasgow
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Director role. Highlight your corporate banking expertise and any relevant experience that aligns with our strategic goals. We want to see how you can make a real difference!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've driven business development or structured complex lending agreements. This is your chance to shine and show us what you can bring to the table.
Be Authentic: Let your personality come through in your application. We value authenticity and want to know who you are beyond your professional skills. Share your passion for corporate banking and how it aligns with our mission at Virgin Money.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Virgin Money
✨Know Your Stuff
Make sure you brush up on your knowledge of corporate banking and the UK financial services landscape. Familiarise yourself with Virgin Money's recent developments and their strategic goals, so you can speak confidently about how your experience aligns with their vision.
✨Showcase Your Relationships
Highlight your existing network and relationships within the industry. Be ready to discuss how you've leveraged these connections to source new lending opportunities and close deals in the past. This will demonstrate your ability to bring value to Virgin Money right from the start.
✨Prepare for Complex Scenarios
Expect to tackle questions around structuring complex lending agreements and managing risk. Prepare examples from your previous roles where you successfully navigated challenging situations, showcasing your analytical skills and decision-making process.
✨Emphasise Team Collaboration
As a Senior Director, you'll need to work closely with various teams. Share examples of how you've fostered collaboration and shared expertise in your previous roles. This will show that you're not just a strong individual contributor but also a team player who can drive collective performance.