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Operational Risk Manager

Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

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 35 million customers get more from their money. And were not done yet. As we continue our lightning-fast growth, two things are essential to continuing our success: our people and our culture. Weve been officially certified as a Great Place to Work™ in recognition of our outstanding employee experience! So far, we have 7,500people working around the world, from our great offices or remotely, on our mission. And were 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 thesimplicity 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 inthe company to get involved in new business initiatives, from App Technology, through Treasury and Finance, to Customer Support Were looking for an Operations Risk Manager to continue improving our risk management framework and governance structures. A great data lover to track daily risk exposures and support reporting to internal and external stakeholders. Someone wholl dare challengeour operational processes and take them to the next level Up for the challenge Lets get in touch What youll 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
  • Supporting the development and implementation of operational risk policies, procedures, key indicators, and 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 and managing incident reports
  • Monitoring operational risk against limits and thresholds, producing respective reports to management and other relevant stakeholders
  • Developing and 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 youll need
  • 3 years of experience in operational risk management within a banking or financial services setting
  • 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
Compensation range
  • Lithuania: 4,600 - 6,000 gross monthly*
  • Other locations: Compensation will be discussed during the interview process
*Final compensation will be determined based on the candidates qualifications, skills, and previous experience Building a global financial super app isnt enough. Our Revoluters are a priority, and thats why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. Were not just doing this because its the right thing to do. Weredoing 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. Thats why we encourage applications from people with diverse backgrounds andexperiences 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.

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