Model Risk Manager

Office: Krakow · London · Porto · Vilnius
Remote: India · Lithuania · Poland · Portugal · Spain · UK

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 45+ 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

The Risk team at Revolut plays a crucial role in monitoring and ensuring the safety of our 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
  • Excellent communication skills and the capacity to work effectively under pressure
  • The ability to operate autonomously and engage confidently with stakeholders at all levels

Nice to have

  • Exposure to C/C++/Docker languages
  • An understanding of the legislation and regulations related to model risk management in major jurisdictions

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.

Benefits at Revolut

No ping pong tables or bean bag chairs, just benefits you actually want

Get what you need to succeed

  • Financial benefits that show we value your work
  • Flexibility to work from home, the office or abroad
  • A free Revolut Metal subscription loaded with perks
  • Exciting events year-round so you can get to know your team
Check out Benefits

Discover our values

We believe that any success at Revolut comes from two things: our people and our culture. Our culture is our DNA, it defines who we are, how we operate, and how we handle disagreements with each other. We operate, hire, develop, and promote brilliant people based on the values below.

Culture
  1. Get It Done

    Revoluters always push through!
 We stopped listening to excuses a long time ago - we care about results. We believe that grit, determination, skill, smartness, and courage can break through almost any wall.

  2. Deliver WOW

    We love building great products, we love delighting our customers, we love turning the complexity of a chaotic world into the simplicity of a beautiful solution that truly solves customer needs.

  1. Dream Team

    We select, coach, and retain the top talent only and give them all the support to achieve greatness

  2. Never Settle

    Revolut is for those who always strive for excellence, for those who want to become the best in the world at what they do, for those who would never settle for less. Revolut is for 10x people.

  3. Think Deeper

    Logic, reason, and common sense prevail over everything else in decision making at Revolut. We are open-minded, we listen, and we are always in search of the truth.