Risk Manager (Market Risk and IRRBB)

About Revolut

People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing, exchanging and more, we've helped 40+ million customers get more from their money. And we're not done yet.

As we continue our lightning-fast growth,‌ two things are essential to continuing our success: our people and our culture. We've been officially certified as a Great Place to Work™ in recognition of our outstanding employee experience! So far, we have 8,000+ people working around the world, from our great offices or remotely, on our mission. And we're looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

Our Risk team sits at the very core of Revolut. Those special agents work across functions, products, and regions to monitor front-line performance and ensure that the business is on safe footing. People in the Risk team are among the first in the company to get involved in new business initiatives, from App Technology, through Treasury and Finance, to Customer Support 💫

We’re looking for a Market Risk Manager to identify, quantify, and manage Revolut’s risk arising from activities across a variety of markets; A great data lover with a broad understanding of global financial markets. Someone who’ll work closely with colleagues to independently assess and oversee risk-taking activities.

Up for the challenge? Let’s get in touch 👇

What you’ll be doing

• Focusing on IRRBB, overseeing the management and measurement of IRRBB across the Group

• Working closely with Treasury to make sure relevant risk factors are properly identified and modelled in risk systems

• Developing and maintaining an appropriate market risk limits framework and monitoring compliance

• Investigating and escalating limit breaches

• Developing and maintaining stress-testing and market risk models, such as CSRBB

What you'll need

• 5+ years of experience in a market risk role or related discipline, preferably in a global firm with centralised risk governance of subsidiaries

• Deep knowledge of techniques to measure and manage interest rate risks arising from non-trading activities (IRRBB)

• An understanding of key risk factors and how they're measured for FX forwards and options, fixed income securities, and IR derivatives

• A broad understanding of global financial markets, products, and regulations

• Knowledge of VaR and stress testing methodologies with practical experience in model development, implementation, and governance

• At least a 2:1 degree in a STEM subject from a top university

• The ability to break complex problems into smaller ones and to enjoy working with data

• Natural curiosity and an interest in making an impact

Nice to have

• Experience with SQL, Python, and/or other scripting languages

Compensation range

• Vilnius: €5,700 - €6,000 gross monthly*

• Lithuania: €5,700 - €6,000 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.

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