Head of Securitisation Risk

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 Head of Securitisation Risk to provide independent oversight and challenge on our portfolio. You'll act as the senior liaison with Finance and Credit teams to ensure accurate calculation and reporting of risk-weighted assets (RWA) and compliance with regulatory capital requirements.

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

What you'll be doing

• Monitoring of individual and portfolio risk with particular attention to asset performance metrics
• Tracking industry regulatory frameworks and market trends
• Providing regular updates to senior management on portfolio risk performance and developments
• Reviewing and challenging the proposed remediation plans and credit risk mitigation strategies developed by the first line (Front Office and Restructuring teams)
• Overseeing the quality and comprehensiveness of stress testing and risk sensitivity analysis
• Serving as the senior independent sanctioner/approver for complex securitisation transactions and counterparty exposures in line with the defined credit authority
• Guiding business expansion by defining and upholding manageable risk thresholds, preserving the integrity and independence of the credit risk function

What you'll need

• Experience with Senior Credit Authority, having previously led credit teams
• Experience leading reviews, running meetings with regulators, and presenting at board level
• Knowledge of key granular portfolio sectors (e.g., RMBS, CMBS, ABS, etc.), including trends, risks, and regulation (e.g., STS)
• Excellent product knowledge of true-sale securitisation lending structures and derivatives
• Experience negotiating in lending, derivatives, and securitisation documentation
• Demonstrated experience in model risk oversight related to structured finance pricing, valuation, and expected loss models
• Experience leading client due diligence processes, including successful management of work-out cases
• A solid track record in independent decision making with the ability to communicate clearly and succinctly
• A bias towards process automation and efficiency, and a dedication to leveraging technology to enhance the risk control environment
• The ability to build trusted relationships with business partners

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