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 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 Risk Manager who'll support growing our retail credit portfolio. You'll make data-driven decisions on risk-adjusted return requirements and lead preventive and reactive actions that impact portfolio credit performance and profitability.

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

What you'll be doing

• Building and managing Revolut's retail credit risk framework from the ground up to support features in Singapore
• Developing, implementing, and maintaining key credit risk policies, procedures, and controls to ensure full compliance with all Monetary Authority of Singapore (MAS) regulations
• Working closely with the global Risk Modelling team to design, develop, and implement robust retail credit risk models (PD/ECL)
• Defining and managing the retail credit risk appetite through limit calibration, monitoring, and stress testing
• Engaging with first-line businesses to identify, monitor, and govern emerging retail credit risks, including conducting new product risk assessments
• Assessing emerging risks and providing credit risk expertise for potential new product lines, including SME lending
• Acting as the key point of contact for engaging with stakeholders, committees, and regional regulators (MAS) on matters related to retail credit risk exposures and governance
• Quantifying risk exposures, considering stakeholder impact, and protecting the company from excessive risk-taking
• Building trust and a solid reputation with external stakeholders and regulatory bodies in Singapore

What you'll need

• 6+ years of hands-on retail credit risk experience (not including wholesale/treasury experience)
• A solid, demonstrable understanding of Singapore's retail credit regulatory landscape, including MAS Notice 635, the Banking (Credit Card and Charge Card) Regulations, and unsecured borrowing limits
• Deep knowledge of key retail credit products, with an emphasis on credit cards and unsecured personal loans
• Proven experience with retail credit risk modelling concepts (PD/ECL) and their practical application
• A track record of building and implementing risk frameworks in a fast-paced environment, ideally for a new product or market launch
• Excellent analytical skills
• The ability to work independently in a dynamic, high-performance environment

Nice to have

• Experience in SME/business lending credit risk

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:

Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.

• 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.

By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy Notice