Market Risk Manager

Market Risk Manager

Full-Time 70000 - 90000 £ / year (est.) Home office (partial)
Revolut Ltd

At a Glance

  • Tasks: Manage market risk across trading activities and investment portfolios while collaborating on new product launches.
  • Company: Join Revolut, a fast-growing fintech revolutionising how people manage their money.
  • Benefits: Competitive salary, remote work options, and a vibrant company culture.
  • Other info: Diverse and inclusive workplace with excellent career growth opportunities.
  • Why this job: Be at the forefront of financial innovation and make a real impact in a dynamic environment.
  • Qualifications: 6+ years in market risk, strong analytical skills, and a degree in a STEM subject.

The predicted salary is between 70000 - 90000 £ 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 70+ 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 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 Market Risk Manager to identify, quantify, and manage risk arising from activities across a variety of markets. You’ll use your understanding of global financial markets to work closely with colleagues to assess and oversee risk-taking activities.

What you’ll be doing:

  • Overseeing market risk of trading activities, investment portfolio, and hedging strategies
  • Partnering with Treasury and Trading to ensure market risk factors are accurately identified and captured within risk systems
  • Developing and maintaining a robust market risk limits framework, including investigating and remediating breaches
  • Building and refining stress-testing and market risk models to stay ahead of market volatility
  • Collaborating on new product launches to ensure risk is embedded into the process from day one

What you’ll need:

  • 6+ years of experience in a market risk role with oversight of algorithmic trading platforms, preferably within a global firm
  • Deep product knowledge in equities, crypto, or macro fixed income
  • Technical expertise in VaR and stress-testing methodologies, with practical experience in model development and implementation
  • Knowledge of ICAAP and global financial regulations
  • A 2:1 or above in a STEM subject from a top-tier university
  • The ability to distil complex risk problems into brief, precise insights for executive leadership

Nice to have:

  • Proficiency in SQL, Python, or other scripting languages

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 encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

Market Risk Manager employer: Revolut Ltd

Revolut is an exceptional employer that prioritises its people and culture, having been certified as a Great Place to Work. With over 13,000 employees globally, we offer a dynamic work environment that fosters innovation and collaboration, providing ample opportunities for professional growth and development. Our commitment to diversity and inclusion, alongside our mission to empower customers with financial freedom, makes Revolut a truly rewarding place to build a meaningful career.
Revolut Ltd

Contact Detail:

Revolut Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Risk Manager

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with current Revolut employees on LinkedIn. A personal introduction can make all the difference when it comes to landing that interview.

✨Tip Number 2

Prepare for the interview by brushing up on your market risk knowledge. Be ready to discuss your experience with algorithmic trading platforms and how you've tackled complex risk problems in the past. Show them you know your stuff!

✨Tip Number 3

Don’t just wait for job openings to pop up! Keep an eye on Revolut’s careers page and apply directly through our website. This shows initiative and gives you a better chance of being noticed.

✨Tip Number 4

Follow up after your interview! A quick thank-you email reiterating your interest in the role and highlighting a key point from your conversation can keep you fresh in their minds. It’s a small touch that can have a big impact.

We think you need these skills to ace Market Risk Manager

Market Risk Management
Algorithmic Trading Oversight
Equities Knowledge
Crypto Knowledge
Macro Fixed Income Knowledge
VaR Methodologies
Stress-Testing Methodologies
Model Development
ICAAP Knowledge
Global Financial Regulations
Data Analysis
SQL Proficiency
Python Proficiency
Communication Skills
Collaboration Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Market Risk Manager role. Highlight your experience in market risk, especially with algorithmic trading platforms, and showcase your technical expertise in VaR and stress-testing methodologies.

Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for Revolut. Share your passion for financial markets and how your skills can help us manage risk effectively. Don't forget to mention any relevant projects or achievements!

Showcase Your Technical Skills: If you have proficiency in SQL, Python, or other scripting languages, make sure to highlight these in your application. We love seeing candidates who can bring technical expertise to the table, especially in model development and implementation.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re serious about joining our team!

How to prepare for a job interview at Revolut Ltd

✨Know Your Market Risk Inside Out

Make sure you brush up on your knowledge of market risk, especially in relation to algorithmic trading platforms. Be prepared to discuss specific examples from your past experience where you've successfully identified and managed risks.

✨Showcase Your Technical Skills

Since technical expertise in VaR and stress-testing methodologies is crucial, be ready to demonstrate your proficiency in these areas. If you have experience with SQL or Python, mention how you've used these tools to enhance risk management processes.

✨Understand Revolut's Culture

Revolut values a strong employee experience and a collaborative culture. Familiarise yourself with their mission and values, and think about how your personal work style aligns with their emphasis on teamwork and innovation.

✨Prepare for Scenario-Based Questions

Expect to face scenario-based questions that assess your problem-solving skills. Think of complex risk problems you've encountered and how you distilled them into actionable insights for leadership. Practice articulating these experiences clearly and concisely.

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>