Liquidity Risk Manager

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, and all the way to Customer Support 💫

We’re looking for a Liquidity Risk Manager to identify, quantify, and manage Revolut’s liquidity risk. A superstar to join the team which operates as a second line of defence and is responsible for ensuring that risks and controls are properly managed by first line businesses. 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 risk management framework
• Setting standards for managing liquidity risk, including risk appetite, 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, analytics, system support, and reporting infrastructure
• Engaging and challenging first line businesses to identify, monitor, and govern emerging liquidity risks, including new product risk assessments
• Modelling liquidity risks under various stress scenarios with appropriate assumptions and calibrations
• 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 strong relationships with senior stakeholders across Revolut to enforce current risk management frameworks, identify emerging risks, and provide effective challenge

What you'll need

• 5+ years of proven experience in Liquidity Risk Management
• Knowledge and experience of liquidity risk issues and methodologies, balance sheet dynamics and income statements
• 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

Nice to have

• Safeguarding experience
• Experience with SQL or other scripting language

Compensation range

• 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 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.

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