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

• Overseeing exposure to retail credit risk
• Working with the Risk Modelling team to design, develop, and implement retail credit risk models
• Managing risk appetite through limit calibration and monitoring
• Maintaining key policies, procedures, and controls
• Engaging with first-line businesses to identify, monitor, and govern emerging retail credit risks, including new product risk assessments
• Engaging with key stakeholders, committees, and regional regulators on material retail credit risk exposures and limit governance
• Quantifying risk exposures within the organisation, taking into consideration stakeholder impact
• Protecting the company from excessive risk-taking, saving on both short and long-term costs
• Building trust and reputation with our external stakeholders and ensuring risks are managed within the risk appetite
• Identifying emerging risks that require immediate attention or could threaten long-term viability

What you'll need

• 7+ years of experience managing the risk cycle for retail credit products, like credit cards and unsecured personal loans
• 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 European Credit Risk regulations, issues, and methodologies
• Knowledge behavioural scoring models related to retail credit products
• Great communication skills to explain complex concepts in a simple manner
• A deep-thinking mindset to balance date analysis and decision-making
• To thrive in dynamic working environments
• A data-driven approach to problem solving

Nice to have

• Practical retail credit risk experience in Western European markets
• Knowledge of SQL, R, Python, or other data analysis tools
• A willingness to learn new technology
• Experience in business credit and mortgage lending

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