Model Risk Manager (UK Bank)

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 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

The Risk team at Revolut plays a crucial role in monitoring and ensuring the safety of our UK Bank operations. They work across various areas, including functions, products, and regions, to assess front-line performance and maintain secure footing for the business.

Members of the Risk team are among the first to engage in new business initiatives, ranging from App Technology to Treasury and Finance, and even Customer Support.

As we expand our capabilities in model risk management, we're seeking a Model Risk Manager with a keen interest in data analytics and expertise in ML/AI, particularly in applications to computer vision, AML/ATF, and fraud detection.

Are you ready to challenge the status quo? We're looking for a dynamic individual who isn't just content with existing processes but is driven to elevate them. This is your chance to be at the leading edge of model risk management.

What you’ll be doing

• Contributing to providing key insights on material models to senior management and the Board Risk & Compliance Committee
• Identifying areas for improvement in modelling processes and methodologies, ensuring models are within our risk appetite
• Supporting the provision of recommendations to model developers to mitigate risk
• Embedding and maintaining model risk management practices across the model lifecycle
• Improving the understanding of model assumptions, limitations, and outputs among senior management

What you'll need

• 4+ years of experience having validated and/or developed any of the following model types: Market Risk, Liquidity Risk, Capital Risk, Finance & Treasury, Financial Crime, or Data Science
• Solid working knowledge of Python and SQL
• Experience with probability distributions, time series analysis, regression modeling, and Monte Carlo simulations
• Excellent communication skills and the capacity to work effectively under pressure
• The ability to operate autonomously and engage confidently with stakeholders at all levels

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 @revolut.com 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