Capital Risk Manager

Join to apply for the Capital Risk Manager role at Revolut 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 65+ 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 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. 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 Risk Manager who’ll be identifying, quantifying, and managing Revolut’s capital risk. As a part of our second line of defence, you'll ensure that risks and controls are properly managed by first-line businesses. You’ll work closely with Treasury, Finance, Operations, Technology, and the broader Risk team to independently assess and oversee risk-taking activities. What You'll Be Doing Setting standards for managing capital risk, including risk appetite and impact assessments/responses to changes in capital risk regulations Preparing the local ICAAP and Recovery plan Developing and maintaining risk management policies, procedures, limits, stress testing capabilities, analytics, system support, and reporting infrastructure Engaging and challenging first-line businesses to identify, monitor, and govern emerging capital risks, including new product risk assessments Monitoring capital risk exposures versus established limits (internal and regulatory), investigating risk events, producing related MI reports, and escalating breaches to the appropriate committee Identifying key financial and non-financial risks that require capital allocation Building financial models, enhancing existing ones, and forecasting for capital planning Proposing capital allocation limits and managing the approval process Establishing solid relationships with senior stakeholders across the group to enforce current risk management frameworks, identify emerging risks, and provide effective challenge What You'll Need 4+ years of experience in capital risk management or management consulting in financial services Expertise in capital risk regulations, issues, and methodologies, including ICAAP and Recovery Planning An understanding of global financial markets, products, and key capital risk drivers Knowledge of risk-related regulations and their application/impact in the banking industry Expertise in various stress testing methodologies, model development, implementation, and governance The ability to break complex problems into smaller ones To enjoy working with data to facilitate your work The ability to work independently, exercise good judgement, and drive change Excellent interpersonal skills Nice to have Experience with SQL or other scripting language Revolut is an equal opportunities employer. We believe that a diverse workforce is a strong workforce, and we welcome applications from people with diverse backgrounds and experiences. Please note that we do not accept applications from third-party services or platforms. Only apply through official Revolut channels. #J-18808-Ljbffr