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Job Title: Manager - Treasury (Credit Risk)
Hours: Full Time
Location: Hybrid working - The VHQ Crawley (3x days on site per week, 2x at home)
Contract: Permanent
Closing Date: 9th February 2025
In a nutshell
Are you ready to play a pivotal role in managing credit risk at Virgin Atlantic?
As a key member of the Treasury team, you'll manage credit allocation across Virgin Atlantic to ensure our capital structure is optimised. This role goes beyond traditional credit management, focusing on hands-on credit risk initiatives that directly support critical business objectives.
In this key position, you'll explore Virgin Atlantic's financial ecosystem, leveraging credit risk methodologies to identify areas for enhancement and drive tangible improvements in credit management and operational efficiency. Your strong relationship management and analytical skills will empower you to influence senior stakeholders, enhance their capabilities, and align credit risk strategies with broader business goals—all while managing diverse stakeholders.
You'll work closely with a variety of financial institutions, data analysis, and technology teams to ensure seamless integration of credit risk initiatives with our financial infrastructure. This collaboration will be central to aligning credit risk management with Virgin Atlantic's broader business needs.
Leading high-impact projects, you'll blend technical expertise with strategic vision, presenting data-driven recommendations to senior leadership and ensuring our credit risk management efforts remain cutting-edge. If you're passionate about managing credit risk, possess a solid technical foundation, and can confidently navigate both technical and managerial aspects of credit risk management, this role offers an exceptional opportunity to make a lasting impact at Virgin Atlantic.
Day to day
Take a holistic approach to credit across the company. Report on evolving credit availability, identify upcoming credit requirements, and recommend solutions. Support credit conversations with financial institutions to gain access to additional credit for hedging programmes and letters of credit. Review and report on card acquiror forward sales exposure versus facility limits. Support upcoming financing activities, including new aircraft financing and refinancing of existing debt. Maintain and manage relationships with internal and external stakeholders, including financial institutions. Lead on unlocking available credit for deployment across the business to protect free cash. Ensure compliance across all key financial covenants and regulatory requirements. Support the Head of Treasury with new aircraft financing campaigns or debt restructuring projects.
About you
Proven track record of successfully leading and implementing credit risk management projects and/or driving business outcomes. Strong experience in credit risk management, including data analysis, project management, and change management. Exceptional leadership and communication skills to effectively collaborate with individuals at all levels of the organisation. Strict attention to detail and ability to manage multiple projects simultaneously. Experience in the travel airline or hospitality industry, with an understanding of a complex operational environment is preferred. Financial qualification (AMCT/Qualified Accountant (such as ACA, ACCA or CIMA/CFA) with a minimum of 5 years' post-qualification experience. Experience dealing with banks/lenders and managing external counterparties. Excellent modelling and financial evaluation skills. Background in Corporate Finance or Transactions would also be considered.
Our recipe for leadership
At Virgin Atlantic, our leaders empower teams to thrive through collaboration, innovation, and excellence. Explore our Leadership Recipe and discover the 20 core ingredients that define what it means to lead with us, driving our mission to be the most loved travel company and achieve sustainable profit.
Be yourself
Our customers come from all walks of life and so do our colleagues. That's why we're proud to be an equal opportunity employer and actively encourage applications from all backgrounds. At Virgin Atlantic, we believe everyone can take on the world - no matter your age, gender, gender identity, gender expression, ethnicity, sexual orientation, disabilities, religion, or beliefs. We celebrate difference and everything that makes our colleagues unique by upholding an inclusive environment in which we can all thrive.
Company
Richard Branson founded Virgin Atlantic in 1984 with the intention of shaking up the aviation industry. Since then, we’ve grown from a small team, one 747 plane and a single route, to a global network that employs thousands of wonderful people worldwide. We’re not just your average airline. We’re a family-centric one who recognises togetherness as a hugely important aspect of life. We support and care about our employees and their families, which makes Virgin Atlantic a special place to work and the long-haul airline our customers fall in love with. When it comes to our people, they’re a passionate lot, united in creating something different. It’s always been like this. It’s in our DNA, and it was ignited within us from the moment we started flying. So, step on board, get ready to find your purpose, embrace your human spirit and let it fly.
#J-18808-Ljbffr
Job Title: Manager - Treasury (Credit Risk)
Hours: Full Time
Location: Hybrid working - The VHQ Crawley (3x days on site per week, 2x at home)
Contract: Permanent
Closing Date: 9th February 2025
In a nutshell
Are you ready to play a pivotal role in managing credit risk at Virgin Atlantic?
As a key member of the Treasury team, you'll manage credit allocation across Virgin Atlantic to ensure our capital structure is optimised. This role goes beyond traditional credit management, focusing on hands-on credit risk initiatives that directly support critical business objectives.
In this key position, you'll explore Virgin Atlantic's financial ecosystem, leveraging credit risk methodologies to identify areas for enhancement and drive tangible improvements in credit management and operational efficiency. Your strong relationship management and analytical skills will empower you to influence senior stakeholders, enhance their capabilities, and align credit risk strategies with broader business goals—all while managing diverse stakeholders.
You'll work closely with a variety of financial institutions, data analysis, and technology teams to ensure seamless integration of credit risk initiatives with our financial infrastructure. This collaboration will be central to aligning credit risk management with Virgin Atlantic's broader business needs.
Leading high-impact projects, you'll blend technical expertise with strategic vision, presenting data-driven recommendations to senior leadership and ensuring our credit risk management efforts remain cutting-edge. If you're passionate about managing credit risk, possess a solid technical foundation, and can confidently navigate both technical and managerial aspects of credit risk management, this role offers an exceptional opportunity to make a lasting impact at Virgin Atlantic.
Day to day
Take a holistic approach to credit across the company. Report on evolving credit availability, identify upcoming credit requirements, and recommend solutions. Support credit conversations with financial institutions to gain access to additional credit for hedging programmes and letters of credit. Review and report on card acquiror forward sales exposure versus facility limits. Support upcoming financing activities, including new aircraft financing and refinancing of existing debt. Maintain and manage relationships with internal and external stakeholders, including financial institutions. Lead on unlocking available credit for deployment across the business to protect free cash. Ensure compliance across all key financial covenants and regulatory requirements. Support the Head of Treasury with new aircraft financing campaigns or debt restructuring projects.
About you
Proven track record of successfully leading and implementing credit risk management projects and/or driving business outcomes. Strong experience in credit risk management, including data analysis, project management, and change management. Exceptional leadership and communication skills to effectively collaborate with individuals at all levels of the organisation. Strict attention to detail and ability to manage multiple projects simultaneously. Experience in the travel airline or hospitality industry, with an understanding of a complex operational environment is preferred. Financial qualification (AMCT/Qualified Accountant (such as ACA, ACCA or CIMA/CFA) with a minimum of 5 years' post-qualification experience. Experience dealing with banks/lenders and managing external counterparties. Excellent modelling and financial evaluation skills. Background in Corporate Finance or Transactions would also be considered.
Our recipe for leadership
At Virgin Atlantic, our leaders empower teams to thrive through collaboration, innovation, and excellence. Explore our Leadership Recipe and discover the 20 core ingredients that define what it means to lead with us, driving our mission to be the most loved travel company and achieve sustainable profit.
Be yourself
Our customers come from all walks of life and so do our colleagues. That's why we're proud to be an equal opportunity employer and actively encourage applications from all backgrounds. At Virgin Atlantic, we believe everyone can take on the world - no matter your age, gender, gender identity, gender expression, ethnicity, sexual orientation, disabilities, religion, or beliefs. We celebrate difference and everything that makes our colleagues unique by upholding an inclusive environment in which we can all thrive.
Company
Richard Branson founded Virgin Atlantic in 1984 with the intention of shaking up the aviation industry. Since then, we’ve grown from a small team, one 747 plane and a single route, to a global network that employs thousands of wonderful people worldwide. We’re not just your average airline. We’re a family-centric one who recognises togetherness as a hugely important aspect of life. We support and care about our employees and their families, which makes Virgin Atlantic a special place to work and the long-haul airline our customers fall in love with. When it comes to our people, they’re a passionate lot, united in creating something different. It’s always been like this. It’s in our DNA, and it was ignited within us from the moment we started flying. So, step on board, get ready to find your purpose, embrace your human spirit and let it fly.
#J-18808-Ljbffr
