Wholesale Credit Risk Manager

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 Wholesale Credit Risk Manager to assess and manage credit risk associated with lending to large corporate clients and institutions. You'll be overseeing credit risk exposure and ensuring robust risk management practices across the enterprise portfolio.

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

What you'll be doing

• Performing end-to-end credit assessments for global wholesale counterparties
• Collaborating strategically with Treasury, ALM, Finance, and Product teams to manage the wholesale credit portfolio while balancing growth and risk
• Monitoring creditworthiness of the portfolio, identifying early warning signals, and reporting to senior management
• Contributing to new product development from a 2LoD perspective, ensuring wholesale exposures are correctly identified, rated, and embedded within the governance framework
• Enhancing wholesale credit risk management frameworks through delivery of quarterly team objectives, including strategic improvements to processes, monitoring tools, automations, etc.

What you'll need

• 3+ years of experience in wholesale credit risk analytics and underwriting
• Experience monitoring credit and counterparty risk, performing fundamental analysis, and writing credit memos
• A bachelor's degree in a quantitative/analytical field (engineering, statistics, physics, maths, economics, or finance) from a top university
• Practical working knowledge of CRR/Basel III prudential requirements, specifically Part III (capital) and Part IV (large exposures)
• A proven ability to calculate and interpret PFE, EAD, CVA, and ECL
• Knowledge of SQL or Python, and enterprise-grade data analysis tools
• Excellent communication, presentation, and stakeholder management skills
• Solid analytical and financial modelling skills

Nice to have

• Experience with derivatives, secured financing, structured finance, and/or crypto
• Knowledge of liquidity and market risk concepts within an EMI environment
• A master's degree and/or a professional qualification, such as CFA, FRM, or CAIA (completed or in process)

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.