At a Glance
- Tasks: Drive improvements in third-party risk management and build strong stakeholder relationships.
- Company: Join Revolut, a fast-growing fintech revolutionising how people manage their money.
- Benefits: Competitive salary, flexible working options, and a vibrant company culture.
- Other info: Be part of a certified Great Place to Work™ with endless growth opportunities.
- Why this job: Shape the future of finance while ensuring safety and compliance in a dynamic environment.
- Qualifications: 2+ years in risk management, strong analytical skills, and excellent interpersonal abilities.
The predicted salary is between 60000 - 80000 € 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, 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 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 proactive Business Risk Manager to build a best-in-class framework and directly manage the controls that take our third-party risk environment to the next level. Up to shape what's next in finance? Let’s get in touch.
What you’ll be doing:
- Driving continuous improvement of third-party risk management processes
- Identifying, assessing, and mitigating third-party risks identified via risk and control testing during onboarding, ongoing monitoring, and off-boarding processes
- Designing, implementing, and testing controls
- Defining third-party risk management policies, procedures, and playbooks
- Maintaining and reviewing key risk indicators
- Registering risk events and managing risk incident reports
- Building relationships with business stakeholders and 2LoD colleagues, reporting to various committees on key matters related to third-party risk management
What you'll need:
- 2+ years of experience in risk management or management consulting, preferably in financial services
- To be a subject-matter expert in outsourcing and third-party risk management
- Impeccable data analysis and problem-solving skills
- Experience with risk identification, monitoring, and controls (implementation and testing)
- The ability to quickly assume responsibilities
- An organised and methodological approach
- Excellent interpersonal skills
Nice to have:
- Fundamental knowledge of FCA and PRA outsourcing and TPRM regulations
- Proficiency in SQL
Business Risk Manager (Third Party Risk) employer: Revolut
Revolut is an exceptional employer that prioritises employee experience and growth, as evidenced by our Great Place to Work™ certification. With a dynamic work culture that encourages innovation and collaboration, we offer our employees the opportunity to shape the future of finance while enjoying a range of benefits and professional development opportunities. Join us in our mission to empower customers with more control over their money, all within a supportive and fast-paced environment.
StudySmarter Expert Advice🤫
We think this is how you could land Business Risk Manager (Third Party 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 Revolut's products and culture. Show us that you’re not just another candidate; you’re genuinely excited about what we do and how you can contribute.
✨Tip Number 3
Practice your problem-solving skills! We love candidates who can think on their feet. Try mock interviews or case studies related to risk management to sharpen your analytical abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team.
We think you need these skills to ace Business Risk Manager (Third Party Risk)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Risk Manager role. Highlight your experience in 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 third-party risk management and how your background makes you a perfect fit for Revolut. Let us know what excites you about the role!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past experiences to show how you've successfully identified and mitigated risks. We love seeing real-world applications of your expertise.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we can’t wait to see what you bring to the table!
How to prepare for a job interview at Revolut
✨Know Your Risk Management Stuff
Make sure you brush up on your knowledge of third-party risk management and the specific regulations like FCA and PRA. Be ready to discuss your experience in risk identification, monitoring, and controls, as well as any relevant projects you've worked on.
✨Show Off Your Data Skills
Since impeccable data analysis is key for this role, prepare to showcase your analytical skills. Bring examples of how you've used data to identify risks or improve processes in previous roles. If you have experience with SQL, be ready to talk about it!
✨Build Relationships, Even in the Interview
Revolut values interpersonal skills, so think about how you can demonstrate your ability to build relationships. Share examples of how you've collaborated with stakeholders or managed teams in the past. This will show that you can work well with others in their fast-paced environment.
✨Be Proactive and Methodical
As a Business Risk Manager, being proactive is crucial. Prepare to discuss how you've driven continuous improvement in past roles. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your organised approach to problem-solving.