Credit Policy Manager (Mortgage)

Revolut; Ireland; On-site; EUR 90,000 - 120,000; Full time

Job summary

Revolut is seeking a Mortgage Credit Manager to design credit risk policies and drive the rollout of mortgage lending in Lithuania. You will validate underwriting strategies and coordinate risk controls across first and second lines, ensuring regulatory compliance and scalable processes.

You will work with data teams to build and scale underwriting systems, monitor KPIs, adjust risk-return parameters, and mentor the credit risk team as Revolut expands its mortgage product globally.

Qualifications

• Experience managing credit risk for mortgage products or similar.
• Bachelor's degree in economics, maths, engineering, or a quantitative field.
• Knowledge of credit policy governance, risk models, and speed to market.
• Experience working through 2nd/3rd line of defence.
• Strong analytical and communication skills with ability to explain complex concepts.

Responsibilities

• Design mortgage lending policies, procedures, and frameworks.
• Scale global underwriting systems balancing risk, efficiency, and customer experience.
• Make data-driven decisions with a focus on marginal decision-making.
• Manage credit limits, risk pricing, retention, and regulatory changes.
• Support budgeting, forecasts, and market trend analysis with data insights.
• Monitor KPIs and ensure decisions are accurate and compliant.
• Provide training to strengthen credit risk culture and governance.
• Collaborate with product teams to enhance the mortgage product.

Skills

Credit risk management

Mortgage lending

Underwriting

Data analysis

Regulatory knowledge

Communication

Education

Bachelor's degree in quantitative field

Tools

SQL

R

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

The Credit department at Revolut is anything but ordinary. They design, develop, and launch credit products across the globe. The team manages our products from day one to the end — developing the back and front-end, the data science infrastructure, and then creating a local setup in each country with scalable risk management and portfolio management solutions.

As a Mortgage Credit Manager, you'll be responsible for designing the credit risk policies, procedures, and strategies around launching Revolut's mortgage retail lending in Lithuania. This is a new-ish product in our portfolio, and as that book grows, you'll be managing validation of the underwriting strategy, as well as leading the charge for preventative and reactive actions to the market and product offering.

What you'll be doing

• Creating mortgage lending policies, procedures, and frameworks
• Helping to build and scale global underwriting systems that balance risk, operational efficiency, and seamless customer experience
• Making data-driven decisions with a special focus on marginal decision-making
• Managing credit limits, risk-based pricing, retention strategies, regulatory changes, new feature launches, etc.
• Adjusting risk return requirements and managing/adjusting portfolio returns as new data comes to light
• Supporting the annual budget, sales forecast, and planning processes by assessing market/industry trends through data gathering and analysis
• Conducting quality assurance reviews to ensure decisions are accurate, consistent, and compliant
• Providing training and mentorship to strengthen credit risk management awareness and foster a positive risk culture
• Contributing to product development and funnel optimisation initiatives while supporting the Mortgage Product Manager in building a best-in-class product
• Tracking, communicating, and drawing insights from performance of ongoing initiatives while staying on top of credit KPIs through intensive monitoring
• Ensuring approval and good rating of first-line credit risk function from second line, third line, and regulators

What you'll need

• A proven track record of managing credit risk for mortgage products and/or credit cards, unsecured personal loans, etc.
• A bachelor's degree in a quantitative/analytical field like economics, management, maths, engineering, statistics from a top university
• A solid understanding of credit policy governance framework, credit risk models, and the value of speed to market
• Knowledge to work through 2nd/3rd line of defence in a competent manner
• To be forward-thinking on inter-dependencies to proactively identify and resolve issues
• The ability to explain complex concepts in simple manner
• Critical thinking skills capable of processing a lot of information for optimal decision-making
• Excellent working knowledge of SQL and other data analysis tools, and a willingness to learn new technology to help the business scale

Nice to have

• Proficiency in R and Python

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.