Model Governance Manager

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

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

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
  • Engaging with regulators on model risk management topics 
  • Evaluating new activity impact assessments and approvals, engaging with key committees and governing bodies
  • 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.

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.