Head of Risk (Private Bank)

Revolut; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial services company in City Of London is seeking a Business Risk Manager to identify and manage risks within their private bank. Candidates should have over 6 years of experience in operational risk management and a degree from a reputable university. This role is essential for ensuring the business operates safely and successfully in an innovative environment.

Qualifications

• 6+ years of experience in operational risk management in financial services.
• Experience in private banking or wealth management.
• Experience with risk identification, monitoring, and controls.

Responsibilities

• Identify, assess, document, and review risks within our private bank.
• Design, implement, and test controls.
• Develop and test key procedures.

Skills

Analytical thinking

Interpersonal skills

Organisational skills

Methodological approach

Education

2:1 degree from a top university

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 65+ 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 10,000+ 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 Business Risk Manager to play a crucial role in creating the first line of defence within our private bank. Someone with an analytical mind to develop sustainable growth strategies that align with operational risk frameworks and take risk management procedures to the next level.

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

What you'll be doing

• Identifying, assessing, documenting, and reviewing risks within our private bank
• Designing, implementing, and testing controls
• Developing and testing key procedures
• Creating and reviewing key risk indicators
• Registering risk events, managing and delivering risk incident reports

What you'll need

• A 2:1 degree from a top university
• 6+ years of experience in operational risk management in financial services
• Experience in private banking or wealth management
• Experience with risk identification, monitoring, and controls (implementation and testing)
• Previous examples of practically interpreting and organising complex data
• A solid track record of achievement, having won competition awards (can be any of academic, professional, and/or sport)
• The ability to quickly assume responsibilities
• An organised and methodological approach
• Excellent interpersonal skills

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.

Important notice for candidates

• Only apply through official Revolut channels. We don’t use any third‑party services or platforms for our recruitment.
• Always double‑check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.
• We won’t ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.