At a Glance
- Tasks: Lead risk management and ensure safe operations across all functions and products.
- Company: Join Revolut, a fast-growing fintech revolutionising how people manage their money.
- Benefits: Flexible work options, competitive pay, and a subscription loaded with perks.
- Other info: Diverse and inclusive culture with exciting career growth opportunities.
- Why this job: Be a key player in shaping the future of finance and making a real impact.
- Qualifications: 15+ years in risk management, with strong leadership and communication skills.
The predicted salary is between 120000 - 150000 £ 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
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 Chief Risk Officer (SMF4) to join our UK Bank.
You'll be accountable for independent oversight of the bank's risk management framework, ensuring the effective identification, measurement, and management of material risks while enabling sustainable growth.
Reporting directly to the UK CEO, and functionally to the Group Chief Risk Officer, you'll be a key member of our UK Bank's leadership.
- What you'll be doing
- Owning the risk appetite framework, and collaborating with the global Risk function
- Monitoring adherence to risk appetite and escalating breaches
- Assisting local Ex Co in identifying and assessing risks associated with current and proposed business activities, including products, business relationships, and partnerships
- Providing independent assurance on key operational risks, partnering across functions to address any identified gaps
- Leading the ICAAP process and overseeing enterprise stress testing
- Acting as the primary risk contact for the FCA and PRA on risk matters
- Providing early warning, guidance, and advice on upstream and regulatory change, assessing key implications and contributing to and supporting the implementation strategy
- Supporting in the development of robust business continuity plans, and providing ongoing assurance that these plans are current and tested
- Developing and monitoring local risk registers, and ensuring agreed controls have been embedded into the business
- Maintaining an effective second line of defence while providing independent challenge to first-line management
- Reviewing outstanding risk issues from internal/external audits or reviews and regulator visits/inspections
- What you'll need
- 15+ years of experience in risk within regulated or digital banks
- A background in both financial and non-financial risk
- An understanding of core enterprise risk management topics
- Experience setting up and managing first or second-line risk functions
- Familiarity with technical risk
- The ability to create and implement simple, elegant solutions within a short period
- Experience presenting to boards and risk committees
- A track record in engaging directly with the FCA and PRA
- Outstanding leadership skills
- Nice to have
- A degree in STEM or economics
- Experience in a top-tier consultancy, first line of defence banking role, or recognised startup
- Previous or existing SMF4 or equivalent approved person experience
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
StudySmarter Expert Advice🤫
We think this is how you could land Chief Risk Officer in London
✨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 Chief Risk Officer in London
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!
