Office: London
Remote: 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 55+ 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(TM). 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, and all the way to Customer Support.
We're looking for a Head of Liquidity Risk to identify, quantify, and manage Revolut's liquidity and funding risk. A superstar to join the team who'll lead the oversight of liquidity risk management. Someone who'll work closely with Treasury, Finance, Operations, Technology, and the broader Risk organisation to independently assess and oversee risk-taking activities.
Up for the challenge? Let's get in touch.
What you'll be doing
Developing liquidity and funding risk management framework
Leading risk's contribution to the Group ILAAP
Setting standards for managing liquidity risk, including risk appetite, stress testing, balance sheet management, funding plans, and impact assessments/responses to changes in liquidity risk regulations
Developing and maintaining risk management policies, procedures, limits, stress testing capabilities, and analytics
Engaging and challenging first-line businesses to identify, monitor, and govern emerging liquidity risks, including new product risk assessments
Monitoring Revolut liquidity risk exposures vs. established limits (internal and regulatory), investigating risk events, producing related MI reports, and escalating breaches to the appropriate committee
Establishing excellent relationships with senior stakeholders across Revolut to enforce current risk management frameworks, identify emerging risks, and provide effective challenge
Supporting engagement with regulators (e.g. the PRA) on liquidity risk matters
What you'll need
9+ years of proven experience in Liquidity Risk Management
Previous experience in managing a team
Knowledge and experience of liquidity and funding risk issues, methodologies, and balance sheet dynamics
Knowledge and experience of developing and implementing an ILAAP
An understanding of global financial markets, products, and key liquidity risk drivers
Knowledge of risk-related regulations, their application/impact in the banking industry
An understanding of various stress testing methodologies along with practical experience with model development, implementation, and governance
The ability to break down complex problems into smaller ones and enjoy working with data to facilitate your work
The ability to work independently, exercise good judgement, and drive change
Excellent interpersonal skills
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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