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 10,000+ 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 💫
Our model risk framework is focused on those models which are most business-critical for decision-making, financial reporting, and compliance with regulatory requirements.
As we expand our capabilities in model risk management, we're looking for a Model Risk Governance Manager to ensure adherence to our Group Model Risk Management Policy and related standards. This role involves rigorous documentation to validate the challenge process over model development, implementation, and usage.
You'll be leading efforts to manage risks associated with models spanning a broad spectrum of our business operations, including computer vision, AML/ATF, fraud detection, liquidity, and capital computations.
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.
Up to jump aboard? Let’s get in touch 🚀
What you’ll be doing
Establishing, maintaining, and enforcing the Model Risk Management (MRM) framework, ensuring all models comply with firmwide policies
Actively engaging with regulators on model risk management topics
Evaluating new activity impact assessments and approvals, engaging with key committees and governing bodies
Jointly overseeing ongoing model performance monitoring with the Model Validation team, enforcing change control procedures to manage model risks effectively
Managing model validation findings, including tracking, escalation, and resolution of findings to mitigate risks
Coordinating with key parties to train stakeholders on policy and related requirements, ensuring understanding and adherence to any significant changes
Maintaining model inventory data integrity by resolving exceptions from automated checks and managing model classifications, changes, and deactivations
Working closely with Technology to maintain systems supporting model risk management workflows, driving efforts towards increased efficiency and automation
What you'll need
3+ years of experience in the financial industry focusing on model risk, including governance, development, or validation
Knowledge of models used across the firm's business spectrum
Excellent verbal and written communication skills, capable of articulating deliverables to regulators and stakeholders at various seniorities
Impressive analytical and quantitative skills
A team-oriented approach with great interpersonal and organisational skills
Programming skills in object-oriented languages and scripts, such as Python and SQL
Nice to have
A bachelor’s degree in mathematics, computer science, finance, engineering, or similar field
Compensation range
Vilnius: €4,800 - €5,000 gross monthly*
Lithuania: €4,800 - €5,000 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.
Refer to our Data Privacy Statement for Candidates for details on our data handling practices during your application.
