Financial Risk Manager

Talantir; Spain; On-site; EUR 70,000 - 110,000; Full time

Job summary

Revolut is seeking a Financial Risk Manager to join the Risk function and strengthen second-line oversight across all functions, products, and regions. You will identify, quantify, and manage financial and trading risks, collaborating with Treasury, Finance, Operations, and Technology to independently assess risk-taking activities.

You will help shape risk appetite, monitor capital and liquidity, and ensure compliance with MiFIDPRU while driving the ICARA framework and robust risk controls

Qualifications

• Experience in financial risk management within multi-asset investment/trading firms or banks.
• Strong quantitative skills to build, interpret, and challenge risk models and scenarios.
• Familiarity with MiFIDPRU regulatory requirements.
• Knowledge of the financial services regulatory landscape and global markets.

Responsibilities

• Set standards for capital, market, and liquidity risk, including risk appetite and balance sheet management.
• Define responses to MiFIDPRU regulatory changes.
• Develop and implement the ICARA process.
• Embed risk framework with risk identification, control management, and breach remediation.
• Model financial risks under stress scenarios with appropriate assumptions and calibrations.
• Ensure accurate and timely submission of MiFIDPRU regulatory reports.
• Engage first-line businesses to identify, monitor, and govern emerging financial risks.
• Monitor exposures against internal and regulatory limits.
• Investigate risk events and escalate breaches to the appropriate committee.
• Build relationships with senior stakeholders to support risk governance and challenge emerging risks.
• Promote a pragmatic risk culture that enables sustainable growth.

Skills

Financial risk management

Quantitative analysis

Regulatory knowledge

MiFIDPRU familiarity

Stakeholder management

ERM frameworks

Education

MBA/CFA/FRM preferred

Finance-related degree

Job description

About Revolut

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 70+ 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 Financial Risk Manager to identify, quantify, and manage financial and trading risk. You'll join the second line of defence to ensure that first-line businesses properly manage risks and controls.

You'll work closely with Treasury, Finance, Operations, Technology, and the broader Risk team to independently assess and oversee risk-taking activities.

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

What You'll Be Doing

• Setting standards for managing capital, market, and liquidity risk, including risk appetite and balance sheet management


• Ensuring the firm is compliant with all aspects of MiFIDPRU and defining responses to financial risk regulatory changes


• Developing and implementing the ICARA process


• Ensuring our risk management framework is properly embedded, including risk identification, control management, breach remediation, and ongoing monitoring


• Modelling financial risks under various stress scenarios with appropriate assumptions and calibrations


• Ensuring accurate and timely submission of regulatory reports, such as the MiFIDPRU returns


• Engaging and challenging first-line businesses to identify, monitor, and govern emerging financial risks, including new product risk assessments


• Monitoring capital, market, and liquidity risk exposures against internal and regulatory limits


• Investigating risk events, producing related MI reports, and escalating breaches to the appropriate committee


• Building relationships with senior stakeholders to support risk governance and challenge emerging risks


• Promoting a pragmatic risk culture that enables sustainable growth

What You'll Need

• Expertise in financial risk management within multi-asset investment/trading firms or banks


• A solid quantitative background with the ability to build, interpret, and challenge risk models, assumptions, and scenarios


• Familiarity with MIFIDPRU regulatory requirements


• An understanding of global financial markets, products, and key capital and liquidity risks


• Knowledge of the financial services regulatory landscape impacting risk management


• Excellent stakeholder management, project management, and problem-solving skills


• Experience designing and implementing ERM frameworks in a financial services environment


• The ability to create and analyse data in new ways to get important business and risk insights

Nice to have

• Exposure to high-growth startups or scale-ups in finance or other industries


• A degree in business administration, engineering, economics, finance, or a related field


• An MBA, CFA, CAIA, or FRM certification

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.