At a Glance
- Tasks: Manage outsourcing risks and oversee third-party relationships in finance.
- Company: Join Revolut, a fast-growing fintech revolutionising how people manage their money.
- Benefits: Competitive salary, flexible working, and a vibrant company culture.
- Other info: Dynamic environment with opportunities for career advancement and personal growth.
- Why this job: Shape the future of finance while collaborating with top industry professionals.
- Qualifications: 6+ years in outsourcing or third-party risk management; finance degree preferred.
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 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
The Outsourcing team is responsible for managing and overseeing outsourcing risks and other third-party arrangements, including regulatory obligations, operational resilience, and exit strategies.
This outsourcing manager role will sit within our Wealth & Trading department, responsible for bringing Investment and Trading products to our UK customers.
We’re looking for an Outsourcing Manager to collaborate with Compliance, Risk, and service delivery teams to help manage ongoing supplier, and intra-group relationships.
You'll ensure proper documentation and regulatory reporting deliverables related to third-party management.
Up to shape what's next in finance? Let's get in touch.
- What you'll be doing
- Identifying activities for outsourcing and finding the correct partners
- Managing the complete vendor lifecycle, including due diligence, onboarding, agreements, renewals, off-boarding, and exit plans
- Managing third-party risk activities, including onboarding, due diligence, risk assessments, and ongoing vendor monitoring
- Implementing policies and operating models for third-party and supply chain risk management
- Defining, monitoring, and ensuring that required outsourcing SLAs are met and enforced
- Liaising with internal stakeholders on outsourcing matters within group entities
- Overseeing internal governance processes for outsourcing approvals and vendor lifecycle changes
- Providing clear guidance for staff on third-party risk management procedures, risk assessments, and their ongoing accountability
- Ensuring regulatory compliance
- Preparing regular reports to senior management on the status of outsourcing activities, the risks, compliance, and performance metrics
- What you'll need
- A bachelor's degree or equivalent in a relevant field, such as finance, business administration, or economics
- 6+ years of experience in a role involving outsourcing or third-party risk management
- An excellent understanding of outsourcing and business resilience regulations in retail financial services
- A proven ability to develop service management frameworks and conduct ongoing outsourcing risk assessments
- Fluency in English
- Nice to have
- A risk management qualification
- Experience in investing/trading industry, such as working with external brokers and/or custodians
- Executive and board-level interaction experience
- Established relationships with key industry stakeholders
- A background in financial services
StudySmarter Expert Advice🤫
We think this is how you could land Outsourcing Manager in Plymouth
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Revolut. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Outsourcing Manager in Plymouth
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Revolut.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Revolut's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Revolut
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Revolut.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Revolut will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Revolut employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.