At a Glance
- Tasks: Lead teams to prevent financial crime and fraud while ensuring compliance with regulations.
- Company: Join Revolut, a fast-growing fintech revolutionising how people manage their money.
- Benefits: Flexible work options, competitive salary, and a subscription loaded with perks.
- Other info: Diverse and inclusive culture with exciting career growth opportunities.
- Why this job: Make a real impact in a dynamic environment focused on innovation and safety.
- Qualifications: 9+ years in financial institutions with expertise in financial crime and team leadership.
The predicted salary is between 63000 - 77000 £ per year.
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, 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 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
Our Financial Crime team blends regulatory expertise with data-driven thinking to make sure our products meet legal and policy requirements and deliver real value to customers.
In a fast-moving, digital environment, they stay one step ahead by finding smart, scalable ways to prevent financial crime.
We're looking for a Head of Financial Crime & Fraud Risk to lead Revolut UK Bank’s first-line Fin Crime and fraud teams in building safe, effective controls.
Reporting directly to the Revolut UK Bank CIO, you'll advise on financial crime decision–making, assess and validate risks, and assist our business control function with testing as operations scale.
- What you’ll be doing
- Leading 1Lo D Fin Crime and fraud teams in the UK
- Collaborating with a service provider to oversee CDD/KYC, customer screening, and transaction monitoring
- Monitoring sanctions, fraud, and regulatory reporting processes for retail and business customers
- Conducting intelligence–led financial crime investigations and exposure assessments
- Supporting product teams in designing practical financial crime controls
- Translating regulatory requirements into actionable product solutions
- Identifying potential gaps in existing financial crime processes, systems and controls, and driving enhancements
- Staying up-to-date on regulations, industry guidance, and innovation in financial crime risk
- Ensuring clarity, transparency, and insight in both BAU and growth/expansion related discussions with regulators, law enforcement, and banking partners
- Collaborating, coordinating, and partnering with Product, Compliance, and Audit teams, as well as local legal entities
- Collaborating and engaging with regulators to address and clarify financial crime topics
- What you’ll need
- 9+ years of experience working in major financial institutions
- A proven track record of leading and managing teams
- A background in managing third–party outsourcing relationships
- In–depth knowledge of financial crime and fraud legal and regulatory requirements for the UK and associated territories
- Expertise in conducting risk assessments and designing/testing mitigating controls
- An excellent understanding of traditional and emerging financial products and their associated risks
- Knowledge of industry–wide financial crime practices and trends
- Exceptional analytical, critical thinking, and decision–making abilities
- Nice to have
- A background as an FCA Certified Person or Material Risk Taker
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.
- 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
- #J-18808-Ljbffr
Head of Financial Crime & Fraud Risk employer: Revolut Ltd
Revolut Ltd is an exceptional employer, offering a dynamic work culture that prioritises flexibility and employee well-being. With a comprehensive benefits package and opportunities for professional growth, employees are empowered to thrive in their roles while contributing to meaningful compliance efforts in the financial sector from the comfort of their own homes across the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Financial Crime & Fraud Risk
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Revolut Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Financial Crime & Fraud Risk
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Revolut Ltd.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Revolut Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Revolut Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Revolut Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Revolut Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Revolut Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
