Risk Manager (Operational Risk)
Risk Manager (Operational Risk)

Risk Manager (Operational Risk)

London Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
R

At a Glance

  • Tasks: Join our Risk team to identify and manage operational risks across the company.
  • Company: Revolut is a leading financial super app on a mission to empower customers with better money management.
  • Benefits: Enjoy flexible remote work options and a vibrant, inclusive culture.
  • Why this job: Be part of a fast-growing team shaping the future of banking with innovative products.
  • Qualifications: 2+ years in Operational Risk Management; curious, organised, and ready to challenge the status quo.
  • Other info: We value diversity and encourage applicants from all backgrounds to apply.

The predicted salary is between 43200 - 72000 £ per year.

This job is brought to you by Jobs/Redefined, the UK\’s leading over-50s age inclusive jobs board.

About Revolut

People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing, exchanging and more, our super app has helped 28+ million customers get more from their money. And we\’re not done yet.

As we continue our lightning-fast growth, we believe that two things are essential to continuing our success: our people and our culture. So far, we have 6000+ people working around the world, from our great offices or remotely, on our mission. And we\’re looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

Our Risk team sits at the very core of Revolut. Those special agents work across functions, products, and regions to monitor front-line performance and ensure that the business is on safe footing. People in the Risk team are among the first in the company to get involved in new business initiatives, from App Technology, through Treasury and Finance, to Customer Support

We\’re looking for a Risk Manager to continue improving our risk management framework and governance structures. A great data lover to monitor daily risk exposures and support MI reporting to internal and external stakeholders. Someone who\’ll dare to challenge our operational processes and take them to the next level

This is an exciting time for Revolut and none more so than to be joining the (to be licensed) UK bank team. We are launching exciting new products, looking after our customers, and closely managing our risks. Why not join the journey and help us shape the future of banking

Up for jumping on board? Let\’s get in touch

What you\’ll be doing

  • Working with the first line of defence to identify, assess, document, and regularly review risks of all types
  • Coaching the business to design and implement controls
  • Assisting with the development and implementation of operational risk policies, risk procedures, key risk indicators, and risk appetite statement
  • Developing techniques for quantification of operational risk and resilience including stress testing and impact tolerances
  • Taking ownership of the risk incident management process ensuring recording of risk events, managing, and delivering risk incident reports
  • Monitoring operational risk against limits and thresholds, producing respective reports to management and other relevant stakeholders
  • Developing and constantly maintaining risk tools and systems
  • Monitoring KRI breaches and working with risk owners/group risk team to resolve them within a set timeline
  • Conducting presentations and workshops in risk identification and mitigation

What you\’ll need

  • 2+ years of experience in Operational Risk Management in Banking or Financial services consultancy
  • An understanding of core operational risk concepts
  • Previous examples of practically interpreting and organising complex matters
  • To be curious and never accepting of assumptions, with a desire to fully understand how things work
  • To be organised and have a methodological approach

Nice to have

  • Experience with Operational Risk stress testing and quantification

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.

Refer to our Data Privacy Statement for Candidates for details on our data handling practices during your application.

#J-18808-Ljbffr

Risk Manager (Operational Risk) employer: Revolut

Revolut is an exceptional employer that prioritises its people and fosters a vibrant work culture, making it an ideal place for a Risk Manager to thrive. With a commitment to employee growth and development, the company offers unique opportunities to engage in innovative projects within the rapidly evolving financial landscape. Located in the UK, Revolut not only champions diversity and inclusion but also empowers its team members to challenge the status quo and contribute meaningfully to the future of banking.
R

Contact Detail:

Revolut Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Manager (Operational Risk)

✨Tip Number 1

Familiarise yourself with Revolut's products and services. Understanding their offerings will not only help you in interviews but also demonstrate your genuine interest in the company and its mission.

✨Tip Number 2

Network with current or former employees of Revolut, especially those in the Risk team. They can provide valuable insights into the company culture and the specific challenges faced in operational risk management.

✨Tip Number 3

Stay updated on the latest trends and regulations in operational risk management within the banking sector. This knowledge will help you articulate your understanding of the field during discussions with the hiring team.

✨Tip Number 4

Prepare to discuss real-world examples of how you've identified and mitigated risks in previous roles. Being able to share specific experiences will showcase your expertise and problem-solving skills effectively.

We think you need these skills to ace Risk Manager (Operational Risk)

Operational Risk Management
Risk Assessment
Risk Documentation
Control Design and Implementation
Key Risk Indicators (KRI)
Risk Appetite Statement Development
Stress Testing
Impact Tolerances
Risk Incident Management
Reporting Skills
Data Analysis
Presentation Skills
Coaching and Training
Methodological Approach
Curiosity and Critical Thinking

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Risk Manager position. Familiarise yourself with operational risk management concepts and how they apply to the banking sector.

Tailor Your CV: Customise your CV to highlight relevant experience in operational risk management. Emphasise your skills in risk assessment, policy development, and incident management, ensuring they align with what Revolut is looking for.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for risk management and your understanding of Revolut's mission. Use specific examples from your past experiences to demonstrate how you can contribute to their risk management framework.

Showcase Your Data Skills: Since the role requires a data lover, be sure to mention any experience you have with data analysis, stress testing, or developing risk indicators. Highlighting these skills will show that you are well-suited for the position.

How to prepare for a job interview at Revolut

✨Understand Operational Risk Concepts

Make sure you have a solid grasp of core operational risk concepts. Be prepared to discuss how you've applied these in your previous roles, especially in banking or financial services.

✨Showcase Your Analytical Skills

As a Risk Manager, you'll need to demonstrate your ability to analyse complex data. Bring examples of how you've used data to identify risks and implement controls in past positions.

✨Prepare for Scenario-Based Questions

Expect questions that ask you to assess hypothetical risk situations. Practice articulating your thought process on how you would identify, assess, and mitigate risks in those scenarios.

✨Emphasise Your Coaching Experience

Highlight any experience you have in coaching teams or individuals on risk management practices. This role involves working closely with the first line of defence, so showing your ability to guide others is crucial.

Risk Manager (Operational Risk)
Revolut
R
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>