Retail Credit Risk Manager

Revolut Ltd; Comisión de Fomento de Perú; Hybrid; ARS 91,219,000 - 152,031,000; Full time

Benefits offered by this job

Financial benefits

Flexible work from home/office/abroad

Revolut Metal perks

Job summary

Revolut Ltd. is seeking a Risk Manager to support our growing retail credit portfolio in Peru. You will provide second-line governance across credit activities, ensuring compliance with local regulations (BCRP, SBS) and managing risk exposure to maintain profitability.

You will collaborate with Risk Modelling and regulators, calibrate credit limits, and challenge first-line decisions to sustain a robust risk framework in a fast-growing global fintech.

Qualifications

• 4+ years of retail credit risk experience (excluding wholesale/treasury)
• Knowledge of unsecured personal loans, credit cards, and BNPL
• Understanding of credit policy governance and the 3 lines of defence
• Familiarity with Peru retail credit risk regulations (BCRP, SBS)
• Expertise in retail credit risk modelling (PD/ECL)
• Ability to translate regulatory requirements into practical risk guidance
• Excellent communication and stakeholder management skills
• Fluency in English

Responsibilities

• Oversee retail credit risk exposure to keep portfolio within safety parameters
• Provide second-line oversight over first-line credit activities for governance
• Ensure compliance with BCRP requirements on debtor classification, arrears, provisioning
• Manage risk appetite via calibration and monitoring of credit limits
• Review risk models with Risk Modelling team for predictive accuracy
• Engage with regulators (BCRP, SBS) and internal committees on exposures and reporting
• Quantify risk exposures and assess regulatory classifications and provisioning
• Govern emerging risks and assess new retail product launches
• Maintain policies and controls to standardize local credit risk management
• Protect the company from excessive risk and protect reputation

Skills

Retail credit risk

Regulatory liaison

Credit modelling (PD/ECL)

English fluency

Stakeholder management

Communication skills

Education

Degree in risk management (nice to have)

Tools

SQL

BI tools

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 13,000+ 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 Risk Manager to support our growing retail credit portfolio within the second line of defence. You'll make data-driven decisions on risk-adjusted return requirements and lead preventive and reactive actions that impact portfolio credit performance and profitability in Peru.

What you'll be doing

• Overseeing retail credit risk exposure to ensure the portfolio remains within defined safety parameters
• Providing second-line oversight and challenge over first-line credit activities to maintain independent governance
• Ensuring compliance with BCRP requirements, specifically regarding debtor classification, arrears treatment, and provisioning
• Managing risk appetite through the precise calibration and continuous monitoring of credit limits
• Reviewing and challenging risk models in collaboration with the Risk Modelling team to ensure predictive accuracy
• Engaging with local regulators (BCRP, SBS) and internal committees on material credit exposures and regulatory reporting
• Quantifying risk exposures, assessing the impact of regulatory classifications and required financial provisioning
• Governing emerging risks and conducting risk assessments for new retail product launches
• Maintaining key policies and controls to standardize credit risk management across the local operation
• Protecting the company from excessive risk-taking to optimize long-term costs and maintain institutional reputation

What you'll need

• 4+ years of retail credit risk experience (not including wholesale/treasury experience)
• Knowledge of key products, like unsecured personal loans, credit cards, and BNPL
• A solid understanding of credit policy governance framework, and the ability to work through the three lines of defence in a competent manner
• Familiarity with retail credit risk regulations in Peru (BCRP, SBS)
• Expertise in retail credit risk modelling (PD/ECL)
• The ability to translate regulatory requirements into practical risk guidance and challenge first-line decisions
• Great communication and stakeholder management skills
• Fluency in English

Nice to have

• A degree or certification in risk management
• Experience implementing third-party/vendor and model risk programmes
• Familiarity with data or MI tools (e.g., SQL or BI tools) for analysis and review purposes
• Experience supporting regulatory interactions, inspections, or audits related to credit risk
• Experience in business credit lending

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