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 80+ 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

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 Model Risk Manager who's passionate about data and analytics to apply ML/AI techniques across a variety of business areas for our UK Bank. You'll challenge existing modelling processes and elevate them to new standards, supporting growth and ensuring models drive business decisions, financial reporting, and regulatory compliance.

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

What you’ll be doing

Contributing to providing key insights on material models to senior management and the Board

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 validating and/or developing market risk, liquidity risk, capital risk, finance, treasury, financial crime, and/or data science models

Solid working knowledge of Python and SQL

Experience with probability distributions, time series analysis, regression modelling, 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:

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• 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.

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