Chief Risk Officer

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

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 Chief Risk Officer (SMF4) to join our UK Bank. You'll be accountable for independent oversight of the bank's risk management framework, ensuring the effective identification, measurement, and management of material risks while enabling sustainable growth.

Reporting directly to the UK CEO, and functionally to the Group Chief Risk Officer, you'll be a key member of our UK Bank's leadership.

What you'll be doing

• Owning the risk appetite framework, and collaborating with the global Risk function
• Monitoring adherence to risk appetite and escalating breaches
• Assisting local ExCo in identifying and assessing risks associated with current and proposed business activities, including products, business relationships, and partnerships
• Providing independent assurance on key operational risks, partnering across functions to address any identified gaps
• Leading the ICAAP process and overseeing enterprise stress testing
• Acting as the primary risk contact for the FCA and PRA on risk matters
• Providing early warning, guidance, and advice on upstream and regulatory change, assessing key implications and contributing to and supporting the implementation strategy
• Supporting in the development of robust business continuity plans, and providing ongoing assurance that these plans are current and tested
• Developing and monitoring local risk registers, and ensuring agreed controls have been embedded into the business
• Maintaining an effective second line of defence while providing independent challenge to first-line management
• Reviewing outstanding risk issues from internal/external audits or reviews and regulator visits/inspections

What you'll need

• 15+ years of experience in risk within regulated or digital banks
• A background in both financial and non-financial risk
• An understanding of core enterprise risk management topics
• Experience setting up and managing first or second-line risk functions
• Familiarity with technical risk
• The ability to create and implement simple, elegant solutions within a short period
• Experience presenting to boards and risk committees
• A track record in engaging directly with the FCA and PRA
• Outstanding leadership skills

Nice to have

• A degree in STEM or economics
• Experience in a top-tier consultancy, first line of defence banking role, or recognised startup
• Previous or existing SMF4 or equivalent approved person experience

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.

Get what you need to succeed

• Financial benefits that show we value your work
• Flexibility to work from home, the office, or abroad
• A Revolut Metal subscription loaded with perks
• Exciting events year-round so you can get to know your team

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