Head of Security

Who we are

Vaultex are the UK’s leading cash processing company, with sites nationwide.  When you join us, you are supporting businesses to run securely and more efficiently, and ensuring continued access to cash for the millions of people that depend on it. To find out more you can visit our website.

Hours: Monday to Friday 09:00 - 17:00 - 35 hours per week

Grade: CM50

Location: Hybrid role - Warrington & Remote

Competitive salary available on request

Car allowance £6000 per year.

Job purpose

• Reporting directly to the Head of Audit and Risk, the role is responsible for leading the Security function to ensure appropriate equipment, systems, processes and expertise is in place for the business to operate within all regulatory and business security requirements and frameworks.
• The role will work to primarily support the key operations of Vaultex by ensuring security strategy is embedded, with fully operational security equipment and supplier services in place with dedicated SLA’s;
• The role will also ensure all other security systems, technology and methods are regularly reviewed for suitability to enhance control or reduce cost to improve security and service to the business. This includes ensuring all physical security equipment remains fit for purpose.
• The role will be responsible for internal & external management of security issues to support the business and at all times maintaining a high standard of professionalism, honesty and integrity.

Main responsibilities

• Drive the activities of the Security team, in accordance with the risk strategies & frameworks by consistently review and assess threats to the business, changing and adapting processes and mitigation accordingly
• Deliver the security and any other risk mitigation strategy in place that meets current and future needs of the business, and adapts to changing threats within the industry.
• Ensure methods are in place to identify security equipment issues and control failures, ensuring any gaps are identified and addressed.
• Lead a programme of regular reviews of security standards within the business, to ensure complete compliance with Shareholder, Bank of England and other regulatory standards.
• Manage the two Centralised Control rooms, ensuring the Bank of England Security Standards are adhered to at all times.
• Manage the security budget on an ongoing basis to ensure effective prioritisation of investment.
• Support other business functions where required and maintain excellent relationships with all key personnel across the business. 
• Proactively build networks and relationships with key internal and external stakeholders.
• Work collaboratively with other functions to implement the wider business strategy and develop and implement viable solutions.
• Suggest and introduce creative solutions which actively reduce the customer’s risk, where appropriate and support internal customer requests to review processes and controls that could create value for the business.
• Lead, manage and develop the appropriate skills and capability throughout the Security team, ensuring training meets changing needs, and enabling improved business performance.
• Plan, organise and manage priorities and activities effectively across the security function.
• Personally manage, coach and develop the Security team by ensuring regular and effective reviews and appraisals are held
• Treat people fairly, with respect, impartiality and consistency, being open and honest in dealings with customers and suppliers
• Retain a high standard of professionalism, honesty and integrity, recognising the importance of confidentiality when dealing with high security and sensitive situations.
• Drive best practice behavior through the team in accordance with company values.

Knowledge, skills and experience required. (Essential and Desirable)

• Proven track record in leading a complex security function, including Centralised Control rooms (E)
• Experience & knowledge and understanding of Physical & Security Equipment and technical systems (E)
• Experience of security / risk mitigation at a senior and/or complex level (E)
• Ability to build strong and constructive relationships at a senior level with key stakeholders and customers (E)
• A dynamic approach with a keen interest in security and risk management (E)
• Educated to degree level standard or equivalent (E)
• A proven track record in strong people development and process skills (E)
• Ability to undertake overnight stays and UK based travel (E)
• Management of costs including team and other budget planning and project delivery (E)
• In depth knowledge of a cash processing business, including all processes, products and systems and relevant interdependencies (D)
• Highly commercial and numerate with excellent written and verbal communication skills (D)
• A background which includes operational management experience in cash processing/security/risk based organisation (D)

What we offer you

We are a Living Wage employer with Investors in People Platinum status, and as such have a great range of benefits:

• A generous company pension – auto-enrolled 4% employee 10% employer.
• Competitive holiday allowance with an option to purchase additional holidays (varies by grade).
• Group life assurance 4 x salary.
• Group income protection.
• VaulteXtra discounts on retailers, cycle to work, childcare vouchers, gym membership, cash back on purchase, eye tests and many more.
• Employee Assistance Programme – a free service should our employees require professional and impartial advice for legal advice and counselling.
• Robust Learning and Development team and opportunities for career progression.
• Performance based yearly bonus (grade dependant).
• One day paid volunteering opportunity each year.
• Mentorship programmes.
• Access to Peppy - a digital health platform providing support for healthcare in menopause, fertility, men's and women's health.
• Access to Aviva Digicare+ for annual health checks, nutritional consultations, mental health support, bereavement support and more.
• Access to Zurich's Virtual GP service.
• Charles Cameron - free access to independent mortgage advice.

Our culture

Vaultex acknowledges every person’s right to feel valued, respected, and fairly rewarded for what they do. We foster a collaborative environment where everyone is encouraged to share their views and shape Vaultex’s future. We are proud to demonstrate our commitment to transparency and progress as a Work180 endorsed employer. Find out more about our company culture by watching this Video.

We are committed to building a diverse, inclusive and authentic workplace where everyone is supported to be their best. If you're excited about any of our roles but you feel like you don't tick every single box - we still encourage you to apply. You may be the right fit for this role or other roles in our wider team!

Continue the conversation

Vaultex UK Ltd is an equal opportunities employer and welcomes applications from all members of the community. We strongly encourage applications from those with disabilities, are culturally & linguistically diverse, are veterans and identify as LGBTQIA+. We value your lived experience and knowledge.

If you require any reasonable adjustments throughout the recruitment process, please let us know.

Upon submitting your application via the Workday link, you will receive an email notifying you of the outcome of your application when this has been reviewed. For successful candidates, the next stage will be a phone interview with the Vaultex recruitment team. If you would like to check the status of your application, please contact a member of the recruitment team.

Due to the secure nature of our business, all successful candidates will need to provide a five-year traceable work history (satisfactory employment references or evidence to explain employment gaps) and complete a criminal record and credit background check. We look forward to hearing from you!