At a Glance
- Tasks: Drive improvements in third-party risk management and build strong frameworks.
- Company: Join Revolut, a fast-growing fintech revolutionising how people manage their money.
- Benefits: Enjoy flexible work options, financial perks, and exciting team events.
- Other info: Be part of a diverse, inclusive team committed to innovation and growth.
- Why this job: Shape the future of finance while making a real impact on risk management.
- Qualifications: 2+ years in risk management with strong analytical and interpersonal skills.
The predicted salary is between 60000 - 75000 £ per year.
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 75+ million customers get more from their money every day. As we continue our lightning-fast growth, two 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 13,000+ 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 proactive Business Risk Manager to build best-in-class frameworks and directly manage the controls that take our third-party risk environment to the next level. Up to shape what's next in finance? Let’s get in touch.
What you’ll be doing:
- Driving continuous improvement of third-party risk management processes
- Identifying, assessing, and mitigating third-party risks identified via risk and control testing during onboarding, monitoring, and off-boarding processes
- Designing, implementing, and testing controls
- Defining third-party risk management policies, procedures, and playbooks
- Maintaining and reviewing key risk indicators
- Registering risk events and managing risk incident reports
- Building relationships with business stakeholders and 2LoD colleagues, reporting to various committees on key matters related to third-party risk management
What you'll need:
- 2+ years of experience in risk management or management consulting, preferably in financial services
- To be a subject-matter expert in outsourcing and third-party risk management
- Impeccable data analysis and problem-solving skills
- Experience with risk identification, monitoring, and controls (implementation and testing)
- The ability to quickly assume responsibilities
- An organised and methodological approach
- Excellent interpersonal skills
Nice to have:
- Fundamental knowledge of FCA and PRA outsourcing and TPRM regulations
- Proficiency in SQL
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 every day. 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.
Get what you need to succeed:
- Financial benefits that show we value your work
- Flexibility to work from home, the office, or abroad
- A Revolut Metal subscription loaded with perks
- Exciting events year-round so you can get to know your team
Business Risk Manager (Third-Party Risk) employer: Revolut Ltd
Revolut is an exceptional employer that prioritises its people and culture, offering a dynamic work environment where innovation thrives. With a commitment to employee growth, flexible working arrangements, and a strong focus on diversity and inclusion, Revolut ensures that every team member can contribute meaningfully while enjoying a rewarding career. Join us in shaping the future of finance with a company that values your expertise and fosters a collaborative spirit.
StudySmarter Expert Advice🤫
We think this is how you could land Business Risk Manager (Third-Party Risk)
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Revolut Ltd looking for candidates who are engaged and informed.
We think you need these skills to ace Business Risk Manager (Third-Party Risk)
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Revolut Ltd. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Revolut Ltd
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Revolut Ltd’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
