Retail Credit Risk Manager

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 45+ 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

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 ground. People on the Risk team are among the first in the company to get involved in new business initiatives, from app technology, through Treasury and Finance, all the way to Customer Support 💫

We’re looking for a Risk Manager who'll continue to grow our retail credit portfolio. An expert in making data-driven decisions with good business intuition on risk-adjusted return requirements. Someone to lead the initiative for preventive and reactive actions towards any factors impacting portfolio credit performance and profitability.

Up for the challenge? Let’s get in touch 🚀

What you’ll be doing

• Managing Revolut's exposure to retail credit risk
• Working with the Risk Modelling team to design, develop, and implement retail credit risk models
• Managing risk appetite through limit calibration and monitoring
• Maintaining key policies, procedures, and controls
• Engaging with first-line businesses to identify, monitor, and govern emerging retail credit risks, including new product risk assessments
• Engaging with key stakeholders, committees, and regional regulators on material retail credit risk exposures and limit governance
• Quantifying risk exposures within the organisation, considering stakeholder impact where possible
• Protecting the company from excessive risk-taking, saving on both short and long-term costs to the business
• Building trust and reputation with our external stakeholders
• Identifying emerging risks that require immediate attention or that could threaten the long-term viability of the company

What you'll need

• 3+ years of retail credit risk experience (not including wholesale/treasury experience)
• Knowledge of key products, like unsecured personal loans, credit cards, and mortgages
• A solid understanding of retail credit risk modelling (PD/ECL)

Nice to have

• A degree in STEM/finance with a minimum 2:1/3.7 GPA
• Experience in second line of defence (risk)
• Experience in the European credit market, particularly Lithuania, Ireland, or other Western European markets (France, Germany, Portugal, Spain)

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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