At a Glance
- Tasks: Lead operational risk strategy and manage a team of risk professionals.
- Company: Join Revolut, a pioneering fintech company shaping the future of finance.
- Benefits: Flexible work options, financial perks, and exciting team events.
- Other info: Diverse and inclusive workplace focused on innovation and growth.
- Why this job: Make a real impact in a dynamic environment while enhancing your career.
- Qualifications: 10+ years in operational risk management and strong leadership skills.
The predicted salary is between 80000 - 100000 £ per year.
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 Head of Operational Risk to continue improving our risk management framework and governance structures. You'll use data to track daily risk exposures and support reporting to internal and external stakeholders.
What you'll be doing
- Defining operational risk strategy, ensuring it's appropriately responsive to the business strategy and regulatory areas of focus
- Leading the design and implementation of operational risk policies, procedures, key indicators, and appetite statement
- Developing and maintaining risk tools and systems
- Monitoring operational risk against limits and thresholds, producing respective reports to management and other relevant stakeholders
- Leading a team of risk professionals, managing their ongoing performance
- Working with senior management to identify, assess, document, and regularly review our operational risk profile
- Conducting regular assurance activities to ensure the design and operating effectiveness of controls, data quality, policy implementation, etc.
- Developing and implementing techniques for quantification of operational risk and resilience, including stress testing
- Preparing and presenting updates to executive committees
- Engaging with regulators on matters relating to operational risk
What you'll need
- 10+ years of experience in operational risk management within banking or financial services
- An advanced understanding of core operational risk concepts
- Experience leading teams
- Previous examples of practically interpreting and organising complex data
- Knowledge of the regulatory landscape and experience engaging with regulatory bodies
- To be curious and never accepting of assumptions, with a desire to fully understand how things work
- To be organised with a methodological approach
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
Head of Operational Risk employer: Revolut Ltd
Contact Detail:
Revolut Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Operational Risk
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already at Revolut. A friendly chat can open doors and give you insider info on what they're really looking for.
✨Tip Number 2
Prepare for the interview by diving deep into operational risk management. Brush up on your knowledge of regulatory landscapes and be ready to discuss how you've tackled complex data in the past.
✨Tip Number 3
Showcase your leadership skills! Be ready to share examples of how you've led teams and improved processes. We want to see how you can inspire others and drive change.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're serious about joining our awesome team at Revolut.
We think you need these skills to ace Head of Operational Risk
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Operational Risk role. Highlight your experience in operational risk management and any relevant achievements that align with the job description. We want to see how your skills fit into our vision!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about operational risk and how you can contribute to our team. Be sure to mention specific examples from your past that demonstrate your expertise.
Showcase Your Data Skills: Since this role involves tracking daily risk exposures, make sure to showcase your data analysis skills in your application. We love candidates who can interpret complex data and present it clearly, so don’t hold back on those examples!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Revolut Ltd
✨Know Your Risk Management Framework
Make sure you have a solid understanding of operational risk management frameworks. Be prepared to discuss how you've previously defined and implemented risk strategies, as well as your experience with regulatory compliance. This will show that you’re not just familiar with the concepts but can also apply them effectively.
✨Data is Your Best Friend
Since the role involves using data to track risk exposures, come ready with examples of how you've used data in past roles. Think about specific tools or systems you've developed or maintained, and be ready to explain how they improved risk management processes.
✨Showcase Your Leadership Skills
As a Head of Operational Risk, you'll be leading a team. Prepare to share your experiences in managing teams, including how you’ve motivated them and handled performance issues. Highlight any successful projects where your leadership made a difference.
✨Engage with Regulatory Knowledge
Familiarise yourself with the current regulatory landscape relevant to operational risk. Be ready to discuss your experiences engaging with regulatory bodies and how you’ve navigated compliance challenges. This will demonstrate your proactive approach and understanding of the industry's complexities.