Senior Model Risk Manager

4 weeks ago

London, Greater London, United Kingdom Revolut Full time
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, weve helped 40+ million customers get more from their money. And were not done yet.

As we continue our lightning-fast growth, two things are essential to continuing our success: our people and our culture. Weve been officially certified as a Great Place to WorkTM 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 were 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

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.

Our focus lies on models that have significant implications for business decision-making, financial reporting, and compliance with regulatory requirements.

As our customer base continues to grow, the use of models has also increased. To support this growth, we are expanding our team.

We are seeking a Senior Model Risk Manager who is passionate about data and analytics, with a strong emphasis on applying ML/AI techniques to areas such as computer vision, AML/ATF, and fraud detection. We are looking for someone who is not afraid to challenge our existing modelling processes and take them to new heights.

If you are interested in joining our team, lets connect and explore the possibilities

What you'll be doing
Providing senior management and the Board Risk & Compliance Committee with periodic key insight on material modelsIdentifying improvements to modelling processes and methodologies and assigning reliable model risk ratingsProviding recommendations to model developers to keep incidences of adverse outcomes within our model risk appetiteEmbedding strong model risk management practices end to end across the model lifecycleIncreasing senior management understanding of model assumptions, limitations, outputs, and overlays using available multi-channel distribution tools
What You'll need
The ability to work autonomously with the confidence to engage individuals at all levels6+ years of experience having validated and/or developed any of the following model types: Market Risk, Credit Risk, Liquidity Risk, Capital Risk, Finance & Treasury models, Financial Crime models, Data science modelsWorking knowledge in Python and SQL languagesThe ability to work well under pressure and communicate effectively with key stakeholders
Nice to have
Working knowledge of C/C++/Docker languagesKnowledge of legislation and regulations relating to model risk management in the UK, USA, and EU
Compensation range
Vilnius: €4,800 - €6,000 gross monthly*Lithuania: €4,800 - €6,000 gross monthly*Other locations: Compensation will be discussed during the interview process
*Final compensation will be determined based on the candidates 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. Were not just doing this because its 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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