Head of Operational Risk

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. 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 Head of Operational Risk to continue improving our risk management framework and governance structures. You'll use data to track daily risk exposures and support reporting to internal and external stakeholders.

Up to shape what's next in finance? Let's get in touch.

What you'll be doing

• Defining operational risk strategy, ensuring it's appropriately responsive to the business strategy and regulatory areas of focus
• Leading the design and implementation of operational risk policies, procedures, key indicators, and appetite statement
• Developing and maintaining risk tools and systems
• Monitoring operational risk against limits and thresholds, producing respective reports to management and other relevant stakeholders
• Leading a team of risk professionals, managing their ongoing performance
• Working with senior management to identify, assess, document, and regularly review our operational risk profile
• Conducting regular assurance activities to ensure the design and operating effectiveness of controls, data quality, policy implementation, etc.
• Developing and implementing techniques for quantification of operational risk and resilience, including stress testing
• Preparing and presenting updates to executive committees
• Engaging with regulators on matters relating to operational risk

What you'll need

• 10+ years of experience in operational risk management within banking or financial services
• An advanced understanding of core operational risk concepts
• Experience leading teams
• Previous examples of practically interpreting and organising complex data
• Knowledge of regulatory landscape and experience engaging with regulatory bodies
• 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

Compensation range

• Lithuania: €6,600 - €7,400 gross monthly*
• Other locations: Compensation will be discussed during the interview process
• Final compensation will be determined based on the candidate's qualifications, skills, and previous 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.

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 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

Notice: This is a remote position based in Spain.