Risk Manager (Operational Risk)

Revolut

Revolut

London, UK
Posted on Oct 9, 2024

Risk Manager (Operational Risk)

Office: London Remote: UK

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 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 come and 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 and coach the business to design and implement controls
  • Assisting with developing and implementing 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 and managing and delivering risk incident reports
  • Monitoring operational risk against limits and thresholds, producing respective reports to management and other relevant stakeholders
  • Constantly developing and 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 organizing complexity
  • To be curious and never accept assumptions, with a desire to fully understand how things work
  • An organised and 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.

Refer to our Data Privacy Statement for Candidates for details on our data handling practices during your application.