The Vacancy

Credit Risk Fundamentals Program Manager (12 Months FTC)

Contract Type: Fixed Term Contract Full Time

Location: Bradford, Petersfield or London

Working Pattern: Hybrid—typically one to two days a week in the office. Flexible arrangements are considered to support work-life balance. A fear of losing your current working flexibility shouldn't hinder you from applying for new opportunities, which is why we aim to match your existing flexible working arrangements where possible.

What We Offer

We don't just care about your work, we care about your health, wellbeing and life outside your working hours. That’s why we offer flexibility, empathy, and a wide range of resources to help you navigate life’s ups and downs and feel your best. We encourage you to take ownership of your work-life blend, support others and make time to prioritise your wellbeing, our benefits include:

• Holidays: 25 days of annual leave (rising to 30 with service), and tailor your time off by buying or selling up to 5 extra days. Plus, with our flexible bank holiday policy, you can swap up to 4 days to celebrate what matters most to you—whether that’s skipping Easter or switching up your Christmas plans.
• Pension: We’ll boost your future with up to 10% employer contributions—because your tomorrow matters
• Enhanced Leave: Enhanced maternity (post-probation) and 4 weeks paternity leave to paid neonatal and carers leave – we’ve got your back when it matters most.
• Workations: Why not take your laptop somewhere sunny? Work abroad for up to 20 days a year in approved countries. Yes, really.
• Paid Birthday Leave: Your birthday, your rules—take the day off and celebrate in style!
• Volunteering: 2 paid days a year to volunteer for a cause close to your heart.
• Learning & Development: Access to Learning for all colleagues – because your growth matters.
• Financial Wellbeing: Stay on top of your finances with a free Snoop Premium subscription.
• Healthcare: Take care of your wellbeing with our easy self-pay Denplan scheme for dental care and feel confident knowing you can also choose Private Medical Insurance for extra reassurance when it matters most.

The Role

As a Credit Risk Fundamentals Program Manager, you will be responsible for driving the end-to-end delivery of a multi-workstream Credit Risk transformation program during a critical turnaround phase. With oversight across nine integrated workstreams, including Technology, Change, Data, Governance, and Modelling. Ensuring cohesive execution, cross-functional alignment, and executive-level visibility. Facilitating collaboration across Operations, Commercial, Finance, and Data & Analytics, while maintaining high-quality engagement with ExCo and the Board. Leveraging deep Credit Risk expertise, the role challenges and shapes outputs to meet regulatory and commercial standards, establishes robust governance frameworks, and ensures audit-ready documentation of the transformation.

As a Credit Risk Fundamentals Program Manager, you will:

• Lead end-to-end delivery of a multi-stream Credit Risk transformation program, overseeing planning, execution, and governance across Technology, Change, People, Skills, Strategy, Scorecards, Governance, Data, Monitoring, and Modelling.
• Ensure milestone-driven delivery, proactively managing dependencies and risks to maintain alignment and momentum across all workstreams.
• Act as the central coordination point across Operations, Data & Analytics, Commercial, and Finance, ensuring seamless collaboration and alignment throughout the Credit Risk transformation program.
• Maintain high-quality engagement with ExCo and the Board, delivering clear updates on progress, risks, and decisions, while supporting the Head of Credit Risk by managing day-to-day project activities to enable strategic focus.
• Apply deep Credit Risk domain expertise to guide program decisions, ensuring alignment with best practices and challenging workstream outputs to meet regulatory, commercial, and operational requirements.
• Establish and maintain robust governance frameworks, including steering committees, RAID logs, and reporting packs, ensuring all program documentation meets audit standards and regulatory requirements.

What We’re Looking For

• Proven experience leading large-scale transformation programs within Credit Risk or Financial Services.
• Strong understanding of consumer credit, risk management frameworks, and regulatory expectations.
• Demonstrated ability to manage complex stakeholder landscapes, including executive and board-level reporting.
• Experience working in turnaround or high-change environments.
• Exceptional communication, planning, and leadership skills.
• Familiarity with technology change programs and data-driven environment
• Professional certifications in Program/Project Management (e.g., MSP, PMP, PRINCE2) is desirable.

Equal Opportunities

Vanquis Bank is an Equal Opportunity Employer. We embrace everyone’s unique strengths and identities. No matter your background, identity, or experience, you are welcome here. We believe diversity enriches our teams and helps us better support our customers.

If there’s anything we can do to support you during the recruitment process—whether that’s a different format of the application or additional assistance—please contact us at careers@vanquis.com.