Risk Manager (Operational Risk)

Revolut; London; On-site; GBP 50,000 - 85,000; Full time

Job summary

Revolut is seeking a Risk Manager for its growing Risk team in London. The ideal candidate will improve the risk management framework, monitor daily risk exposures, and support reporting to stakeholders. This is a crucial role in a dynamic environment as the company launches new products and shapes the future of banking.

Qualifications

• 2+ years of experience in Operational Risk Management in Banking or Financial services consultancy.
• Understanding of core operational risk concepts.
• Ability to interpret and organize complex matters.

Responsibilities

• Identify, assess, document, and regularly review risks.
• Develop risk policies, procedures, and indicators.
• Monitor operational risk against limits.

Skills

Operational Risk Management

Analytical Skills

Coaching

Presentation Skills

Job description

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About Revolut

People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing, exchanging and more, our super app has helped 28+ million customers get more from their money. And we're not done yet.

As we continue our lightning-fast growth, we believe that two things are essential to continuing our success: our people and our culture. So far, we have 6000+ people working around the world, from our great offices or remotely, on our mission. And we're looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

Our Risk team sits at the very core of Revolut. Those special agents work across functions, products, and regions to monitor front-line performance and ensure that the business is on safe footing. People in the Risk team are among the first in the company to get involved in new business initiatives, from App Technology, through Treasury and Finance, to Customer Support

We're looking for a Risk Manager to continue improving our risk management framework and governance structures. A great data lover to monitor daily risk exposures and support MI reporting to internal and external stakeholders. Someone who'll dare to challenge our operational processes and take them to the next level

This is an exciting time for Revolut and none more so than to be joining the (to be licensed) UK bank team. We are launching exciting new products, looking after our customers, and closely managing our risks. Why not join the journey and help us shape the future of banking

Up for jumping on board? Let's get in touch

What you'll be doing

• Working with the first line of defence to identify, assess, document, and regularly review risks of all types
• Coaching the business to design and implement controls
• Assisting with the development and implementation of operational risk policies, risk procedures, key risk indicators, and risk appetite statement
• Developing techniques for quantification of operational risk and resilience including stress testing and impact tolerances
• Taking ownership of the risk incident management process ensuring recording of risk events, managing, and delivering risk incident reports
• Monitoring operational risk against limits and thresholds, producing respective reports to management and other relevant stakeholders
• Developing and constantly maintaining risk tools and systems
• Monitoring KRI breaches and working with risk owners/group risk team to resolve them within a set timeline
• Conducting presentations and workshops in risk identification and mitigation

What you'll need

• 2+ years of experience in Operational Risk Management in Banking or Financial services consultancy
• An understanding of core operational risk concepts
• Previous examples of practically interpreting and organising complex matters
• To be curious and never accepting of assumptions, with a desire to fully understand how things work
• To be organised and have a methodological approach

Nice to have

• Experience with Operational Risk stress testing and quantification

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.

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