Posted 15 days ago
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Financial Risk Manager responsible for identifying, quantifying, and managing financial and trading risk as part of Revolut's second line of defence. You will set standards for capital, market, and liquidity risk, ensure MiFIDPRU compliance, develop the ICARA process, model stress scenarios, monitor exposures, and oversee regulatory reporting. You'll partner with Treasury, Finance, Operations, Technology, and first-line businesses to challenge risk-taking activities, investigate risk events, and support risk governance.
- Compensation
- Not specified
- City
- Not specified
- Country
- Portugal, Spain, United Kingdom
Currency: Not specified
Full Job Description
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 Financial Risk Manager to identify, quantify, and manage financial and trading risk. You'll join the second line of defence to ensure that first-line businesses properly manage risks and controls.
You'll work closely with Treasury, Finance, Operations, Technology, and the broader Risk team to independently assess and oversee risk-taking activities.
Up to shape what's next in finance? Let's get in touch.
What you'll be doing
- Setting standards for managing capital, market, and liquidity risk, including risk appetite and balance sheet management
- Ensuring the firm is compliant with all aspects of MiFIDPRU and defining responses to financial risk regulatory changes
- Developing and implementing the ICARA process
- Ensuring our risk management framework is properly embedded, including risk identification, control management, breach remediation, and ongoing monitoring
- Modelling financial risks under various stress scenarios with appropriate assumptions and calibrations
- Ensuring accurate and timely submission of regulatory reports, such as the MiFIDPRU returns
- Engaging and challenging first-line businesses to identify, monitor, and govern emerging financial risks, including new product risk assessments
- Monitoring capital, market, and liquidity risk exposures against internal and regulatory limits
- Investigating risk events, producing related MI reports, and escalating breaches to the appropriate committee
- Building relationships with senior stakeholders to support risk governance and challenge emerging risks
What you'll need
- 7+ years of experience in financial risk management, preferably within a banking, fintech, or management consulting environment
- Knowledge and experience of MIFIDPRU regulatory requirements
- An understanding of global financial markets, products, and key capital and liquidity risks
- Knowledge of the financial services regulatory landscape impacting risk management
- Excellent stakeholder management, project management, and problem-solving skills
- Substantial practical experience in the design and implementation of ERM frameworks in a financial services environment
- The ability to create and analyse data in new ways to get important business and risk insights
Nice to have
- Exposure to high-growth startups or scale-ups in finance or other industries
- A degree in business administration, engineering, economics, finance, or a related field
- An MBA, CFA, CAIA, or FRM certification
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
