Retail Credit Risk Manager

Revolut Ltd; Colombia; Remote; COP 379,687,000 - 537,890,000; Full time

Benefits offered by this job

Flexible work options

Metal subscription perks

Team events

Global exposure

Job summary

Revolut Ltd is seeking a Retail Credit Risk Manager to safeguard and grow the retail credit portfolio. You will shape risk-adjusted return requirements and lead actions that improve credit performance across acquisition to collections.

The role requires deep experience in credit risk governance, strong analytical skills, and fluency in English and Spanish. You'll collaborate with Finance, Operations, IT, and Data Science to deliver resilient risk controls.

Qualifications

• 7+ years of experience managing retail credit risk across products such as credit cards and unsecured personal loans.
• Solid understanding of credit risk governance and the 3 lines of defence model in financial institutions.
• Expertise in Colombian and European credit risk regulations, methodologies, and frameworks.
• Knowledge of behavioural scoring models and their application to retail credit portfolios.
• Great analytical skills and a data-driven approach to risk assessment and decision-making.
• Proficiency in SQL and Python for analysing portfolio and risk data.
• Excellent communication and storytelling skills, with the ability to explain complex concepts simply.

Responsibilities

• Overseeing retail credit risk exposure across the full credit lifecycle, from acquisition through portfolio management and collections.
• Monitoring portfolio performance using key KPIs and BCIs, identifying trends and emerging risks.
• Partnering with the Risk Modelling team to develop, implement, and monitor retail credit risk models.
• Managing risk appetite through limit calibration, monitoring, and escalation of material exposures.
• Reviewing and challenging first-line policies, procedures, and controls to ensure they align with the risk framework.
• Assessing credit risk for new products and initiatives, identifying potential risks before launch.
• Monitoring expected credit losses and assessing their impact on portfolio performance and profitability.
• Overseeing collections performance and ensuring processes remain effective and within the defined risk framework.
• Engaging with senior stakeholders, risk committees, and regional regulators on material credit risks and limit governance.
• Identifying emerging risks requiring immediate action and driving appropriate risk mitigation.

Skills

Credit risk governance

Regulatory knowledge

Analytical thinking

Communication

Bilingual English/Spanish

Tools

SQL

Python

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 Retail Credit Risk Manager to help grow our retail credit portfolio safely and profitably. You’ll use data to shape risk-adjusted return requirements and lead preventive and reactive actions that improve credit performance.

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

What you'll be doing

• Overseeing retail credit risk exposure across the full credit lifecycle, from acquisition through portfolio management and collections
• Monitoring portfolio performance using key KPIs and BCIs, identifying trends and emerging risks
• Partnering with the Risk Modelling team to develop, implement, and monitor retail credit risk models
• Managing risk appetite through limit calibration, monitoring, and escalation of material exposures
• Reviewing and challenging first-line policies, procedures, and controls to ensure they align with the risk framework
• Assessing credit risk for new products and initiatives, identifying potential risks before launch
• Monitoring expected credit losses and assessing their impact on portfolio performance and profitability
• Overseeing collections performance and ensuring processes remain effective and within the defined risk framework
• Engaging with senior stakeholders, risk committees, and regional regulators on material credit risks and limit governance
• Identifying emerging risks requiring immediate action and driving appropriate risk mitigation

What you'll need

• 7+ years of experience managing retail credit risk across products, such as credit cards and unsecured personal loans
• A solid understanding of credit risk governance and the 3 lines of defence model within a financial institution
• Expertise in Colombian and European credit risk regulations, methodologies, and frameworks
• Knowledge of behavioural scoring models and their application to retail credit portfolios
• Great analytical skills and a data-driven approach to risk assessment and decision-making
• Proficiency in SQL and Python for analysing portfolio and risk data
• Excellent communication and storytelling skills, with the ability to explain complex concepts simply
• Impeccable organisational skills and the ability to manage multiple priorities in a dynamic environment
• The ability to understand overall operations and collaborate effectively with Finance, Operations, Accounting, IT, and Data Science teams
• Fluency in English and Spanish

Nice to have

• An understanding of the Basel framework and its application to credit risk management

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