At a Glance
- Tasks: Manage and identify capital risks while ensuring compliance with regulations.
- Company: Join Revolut, a fast-growing fintech revolutionising how people manage their money.
- Benefits: Competitive salary, remote work options, and a vibrant company culture.
- Why this job: Be part of a mission-driven team making finance accessible and simple for millions.
- Qualifications: 3+ years in capital risk management and strong analytical skills required.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
The predicted salary is between 36000 - 60000 ÂŁ 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 65+ million customers get more from their money every day.
As we continue our lightningâfast 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 WorkTM. 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 frontâline performance and ensure the business operates safely. Theyâre among the first to be involved in new initiatives, from tech to customer support.
Weâre looking for a Risk Manager to identify, quantify, and manage Revolut's capital risk. Youâll operate within the second line of defence, ensuring that risks and controls are properly managed by firstâline functions.
What youâll be doing:
- Setting standards for managing capital risk, including risk appetite and impact assessments/responses to changes in capital risk regulations
- Preparing the local ICAAP and recovery plan
- Developing and maintaining risk management policies, procedures, limits, stress testing capabilities, analytics, system support, and reporting infrastructure
- Engaging and challenging firstâline businesses to identify, monitor, and govern emerging capital risks, including new product risk assessments
- Monitoring capital risk exposures versus established limits (internal and regulatory), investigating risk events, producing related MI reports, and escalating breaches to the appropriate committee
- Identifying key financial and nonâfinancial risks that require capital allocation
- Building financial models, enhancing existing ones, and forecasting for capital planning
- Proposing capital allocation limits and managing the approval process
- Establishing solid relationships with senior stakeholders across the Group to enforce current risk management frameworks, identify emerging risks, and provide effective challenge
What youâll need:
- 3+ years of experience in capital risk management or management consulting in financial services
- Expertise in capital risk regulations, issues, and methodologies, including ICAAP and recovery planning
- An understanding of global financial markets, products, and key capital risk drivers
- Knowledge of riskârelated regulations and their application/impact in the banking industry
- Expertise in various stress testing methodologies, model development, implementation, and governance
- The ability to break complex problems into smaller ones and to enjoy working with data to facilitate your work
- The ability to work independently, exercise good judgement, and drive change
- Excellent interpersonal skills
Nice to have:
- Experience with SQL or other scripting language
Building a global financial super app isnât enough. Our Revoluters are a priority, and thatâs why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow every day. Weâre not just doing this because itâs the right thing to do. Weâre 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. Thatâs why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hardâworking team.
Capital Risk Manager in London employer: Revolut Ltd
Contact Detail:
Revolut Ltd Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Capital Risk Manager in London
â¨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.
â¨Tip Number 2
Prepare for the interview by diving deep into Revolut's products and culture. Show us that youâre not just another candidate but someone who genuinely gets our mission and values.
â¨Tip Number 3
Practice your responses to common interview questions, but keep it natural. We want to see your personality shine through, so donât be afraid to let your passion for capital risk management show!
â¨Tip Number 4
Apply directly through our website! Itâs the best way to ensure your application gets seen by the right people. Plus, it shows us youâre serious about joining the team.
We think you need these skills to ace Capital Risk Manager in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Capital Risk Manager role. Highlight your experience in capital risk management and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about capital risk management and how your background aligns with our mission at Revolut. Keep it engaging and personal, so we get a sense of who you are.
Showcase Your Achievements: Donât just list your responsibilities; showcase your achievements! Use specific examples to demonstrate how you've successfully managed capital risks or improved processes in your previous roles. Numbers and results speak volumes!
Apply Through Our Website: Remember to apply through our official website! Itâs the best way to ensure your application gets to us directly. Plus, it shows youâre serious about joining our team at Revolut. We canât wait to hear from you!
How to prepare for a job interview at Revolut Ltd
â¨Know Your Capital Risk Inside Out
Make sure you brush up on your knowledge of capital risk management, especially the regulations and methodologies like ICAAP. Be ready to discuss how you've applied these in your previous roles, as this will show you're not just familiar with the theory but can also put it into practice.
â¨Prepare for Scenario-Based Questions
Revolut will likely ask you to tackle real-world scenarios related to capital risk. Think about past experiences where you've identified or managed risks, and be prepared to explain your thought process and the outcomes. This will demonstrate your problem-solving skills and ability to handle complex situations.
â¨Show Off Your Data Skills
Since the role involves working with data and financial models, be ready to discuss any experience you have with SQL or other scripting languages. If you can, bring examples of how you've used data analytics to inform risk management decisions. This will highlight your technical abilities and analytical mindset.
â¨Build Rapport with Stakeholders
Revolut values strong interpersonal skills, so think about how you can showcase your ability to build relationships with senior stakeholders. Prepare examples of how you've effectively communicated risk management frameworks or engaged with teams to identify emerging risks. This will show that you can work collaboratively and influence others.