Market Risk Manager in Stockport

Market Risk Manager in Stockport

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

At a Glance

  • Tasks: Manage market risk for 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, diverse culture, remote work options, and career development opportunities.
  • Other info: Inclusive workplace encouraging diverse talent to create innovative financial solutions.
  • Why this job: Shape the future of finance and make a real impact in a dynamic environment.
  • Qualifications: 6+ years in market risk, strong analytical skills, and a STEM degree from a top-tier university.

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 75+ 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 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'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.

Important notice for candidates:

Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles:

  • Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.
  • Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.
  • We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.

By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy Notice.

Revolut

Contact Details:

Revolut Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Market Risk Manager in Stockport

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 Market Risk Manager in Stockport

Market Risk Management
Algorithmic Trading Oversight
VaR Methodologies
Stress-Testing Methodologies
Model Development and Implementation
Knowledge of ICAAP
Understanding of Global Financial Regulations

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.