Head of Risk (Wealth & Trading)

Revolut; United Arab Emirates; Hybrid; AED 800,000 - 1,200,000; Full time

Benefits offered by this job

Flexible work location

Metal subscription

Year-round events

Competitive benefits

Job summary

Revolut Ltd. seeks a Head of Risk for its UAE Wealth & Trading entity. The role leads risk management, ensures compliance with UAE regulations, and shapes risk strategy across departments. You will drive KRIs, risk appetite, and governance while mentoring a team of specialists.

This senior position requires deep experience in financial markets, risk frameworks, and cross-functional leadership, with flexibility to work across office, home, or abroad within a dynamic fintech environment.

Qualifications

• University degree or recognised certification in finance or related field.
• Regulatory qualification such as CMA license exams or equivalent.
• Strong track record in risk management within regulated financial services.

Responsibilities

• Coordinate with 1st line of defence to identify operational and strategic risks.
• Develop and maintain risk management policies, KRIs, risk appetite, and governance frameworks.
• Make timely risk decisions and implement effective mitigation strategies.
• Produce comprehensive risk reports and escalate critical issues as needed.
• Engage with regulators to ensure local regulatory compliance and standards.
• Lead and mentor a team of risk specialists and drive cross-functional risk projects.

Skills

Leadership

Risk management

Regulatory knowledge

Data analysis

Quantitative decision-making

Problem solving

Education

University degree or recognised certification (FRM, CIA, CMA, ICA, or equivalent)

CMA license exams

Tools

SQL

Job description

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 80+ million customers get more from their money every day.

As we continue our lightning-fast growth, 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 15,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

Risk at Revolut operates across all functions, products, and regions to monitor front-line performance and ensure the business operates safely. They’re among the first to be involved in new initiatives, from tech to customer support.

We're looking for a Head of Risk to collaborate across departments on risk-based activities for our Wealth & Trading entity in the UAE. You'll lead risk management to raise awareness on relevant financial regulations and ensure Revolut remains compliant at all times.

Up to shape what's next in finance? Let's get in touch.

What you'll be doing

• Working with the first line of defence to specify, evaluate, and identify potential risks arising from operational and strategic factors within the licensed entity
• Developing, implementing, and continuously updating the risk management guide, KRIs, risk appetite frameworks, and risk policies in line with financial activities and objectives
• Making suitable, timely decisions for handling risks as they arise, designing efficient risk mitigation processes (minimal bureaucracy, maximum impact), and observing and monitoring risks ongoingly
• Producing comprehensive risk reporting, triggering corrective action plans, and escalating critical issues as appropriate
• Liaising directly with regulators and ensuring all local regulatory expectations and standards are met
• Building, managing, and mentoring a team of specialists while leading various projects to uplift risk management capabilities

What you'll need

• 5+ years of experience in financial markets or relevant sectors with a university degree or recognised certification (FRM, CIA, CMA, ICA, or equivalent)
• 10+ years of experience within financial markets or relevant fields, if holding a diploma or secondary qualification
• A demonstrated track record in risk management within securities trading, brokerage, investment, or wealth management businesses
• Expertise in managing operational, enterprise, and conduct risks within a regulated financial framework
• Regulatory qualification in CMA license exams, including UAE Financial Rules & Regulations and Risk in Financial Services
• In-depth knowledge of legislation governing banking activities, foreign exchange, and card scheme operations
• Proficiency in technical problem-solving, data analysis, and quantitative decision-making
• Exceptional leadership strengths with a passion for taking ownership and driving cross-functional alignment

Nice to have

• Experience in process engineering (Lean, Six Sigma)
• Proficiency in SQL

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We’re not just doing this because it’s the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

Get what you need to succeed

• Financial benefits that show we value your work
• Flexibility to work from home, the office, or abroad
• A Revolut Metal subscription loaded with perks
• Exciting events year-round so you can get to know your team