Senior Director, Acquisition Finance Origination

Business Unit: Premium Business
Salary: Depending on experience + red hot benefits  
Location: Yorkshire 

Be the voice we need. Live a life more Virgin.

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 Yorkshire and the North-East.  As a Senior Director in Acquisition Finance Origination, you will play a pivotal role in maintaining a strong market presence and proactively driving and implementing the Bank's strategy in providing senior debt for acquisition finance transactions.  You will be responsible for sourcing and delivering new lending opportunities and customers for the Bank, generating of additional income and strong returns, and maintaining and deepening relationships with Introducers and Private Equity Houses across the market.

What you'll be doing 

• Driving the development and implementation of the sponsored and non-sponsored acquisition finance strategy, including the achievement of business development as part of a growth agenda.
• Contributing to the Bank-wide strategy for Strategic Finance.
• 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 the delivery of senior debt to support Acquisition Finance transactions, and the sourcing of high-quality lending opportunities.
• Structuring and recommending leveraged lending proposals for credit decisioning, including analysing and interpreting financial information, and assessing management teams to inform decision making for new deals.
• Sharing knowledge and contacts with other members of the Strategic Finance team and providing coaching for overall team development.
• Holding and maintaining knowledge of the current economic climate and the leveraged finance market.
• 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 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 if you have but not essential 

• Business Degree and relevant vocational financial services qualification - e.g. Chartered Institute of Bankers, Chartered Accountant 
• In depth understanding of risk and compliance requirements in line with the role

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? 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