Risk Manager (Retail Credit)

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 50+ 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 Australia's exposure to retail credit risk
• Partnering with the Australian Lending team to help grow and manage a quality retail credit risk portfolio, including new product risk assessments
• Contributing to an optimised application funnel while managing the risk/reward trade-off
• Providing detailed portfolio management to ensure any emerging credit risks are identified and handled within agreed limits and financial returns
• Managing risk appetite through limit calibration and monitoring
• Maintaining key policies, procedures, and controls
• Working with the Risk Modelling team to design, develop, and implement retail credit risk models
• Engaging with key internal stakeholders, governance committees, and regulators on material retail credit risk exposures and limit governance
• Quantifying risk exposures, considering stakeholder impact where possible
• Protecting the company from excessive risk-taking
• Looking for ways to optimise and save on short and long-term costs
• Building the trust and reputation with external stakeholders

What you'll need

• A proven track record of managing through the credit risk cycle for retail credit products, like credit cards, unsecured personal loans, etc.
• A solid understanding of credit policy governance framework and the ability to work through the three lines of defence in a competent manner
• Expertise in Australian Credit Risk regulations, issues, and methodologies, particularly regarding lending obligations
• An understanding of application and behavioural scoring
• A structured work style to effectively problem-solve and explain complex concepts in simple manner
• To be a deep thinker with a data-driven approach to problem-solving
• A track record of high-impact delivery in previous credit risk roles
• The ability to thrive in a dynamic, international work environment

Nice to have

• Knowledge of SQL, R, Python, and other data analysis tools, and a willingness to learn new technologies
• Experience with mortgages

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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