Head of Operational Risk in London

Head of Operational Risk in London

London Full-Time 80000 - 100000 £ / year (est.) Home office (partial)
Revolut Ltd

At a Glance

  • Tasks: Lead operational risk strategy and ensure effective governance across the business.
  • Company: Join a dynamic fintech company revolutionising finance with a focus on innovation.
  • Benefits: Flexible work options, financial perks, and exciting team events.
  • Other info: Diverse and inclusive workplace fostering exceptional talent and innovative solutions.
  • Why this job: Shape the future of finance while making a real impact in risk management.
  • Qualifications: 10+ years in operational risk management and experience leading teams.

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 in London employer: Revolut Ltd

Revolut is an exceptional employer that prioritises the growth and well-being of its employees, offering a dynamic work culture where innovation thrives. As the Head of Operational Risk, you will benefit from flexible working arrangements, competitive financial rewards, and a commitment to diversity and inclusion, all while being part of a multicultural team dedicated to shaping the future of finance. With ample opportunities for professional development and engagement in exciting initiatives, Revolut stands out as a place where your contributions truly matter.
Revolut Ltd

Contact Detail:

Revolut Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Operational Risk in London

✨Tip Number 1

Network like a pro! Reach out to folks in the industry, especially those already at Revolut. A friendly chat can open doors and give you insider info that could make your application stand out.

✨Tip Number 2

Prepare for interviews by diving deep into operational risk concepts. Brush up on your knowledge of regulatory landscapes and be ready to discuss how you've tackled similar challenges 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 in a fast-paced environment.

✨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 diverse and innovative team at Revolut.

We think you need these skills to ace Head of Operational Risk in London

Operational Risk Management
Risk Strategy Development
Policy Design and Implementation
Risk Monitoring and Reporting
Team Leadership
Data Analysis
Regulatory Knowledge
Assurance Activities
Operational Risk Quantification
Stress Testing
Communication Skills
Methodological Approach
Stakeholder Engagement
Curiosity and Analytical Thinking

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 ability to work with complex data. Include any tools or systems you've developed or used in the past that helped improve risk management processes.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!

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, especially in the context of banking and financial services. Be prepared to discuss how you've previously defined and implemented risk strategies that align with business goals.

✨Data is Your Best Friend

Since the role involves using data to track risk exposures, come equipped with examples of how you've used data analytics in your past roles. Highlight specific tools or systems you've developed or maintained that helped monitor operational risks effectively.

✨Showcase Your Leadership Skills

As a Head of Operational Risk, you'll be leading a team. Be ready to share your experiences in managing teams, including how you’ve motivated them and ensured their performance aligns with organisational objectives. Think of specific challenges you've faced and how you overcame them.

✨Engage with Regulatory Knowledge

Familiarise yourself with the regulatory landscape relevant to operational risk. Prepare to discuss your experience engaging with regulatory bodies and how you've navigated compliance issues in the past. This will show that you’re not just knowledgeable but also proactive in ensuring adherence to regulations.

Head of Operational Risk in London
Revolut Ltd
Location: London

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