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 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 first-line businesses properly manage risks and controls.

You'll be joining the UK Bank team to help launch new products, look after our customers, and closely manage our risks.

Up for the challenge? Let’s get in touch 🚀

What you’ll be doing

• Developing a 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 versus established limits (internal and regulatory), investigating risk events, producing related MI reports, and escalating breaches to the appropriate committee
• Establishing solid relationships with senior stakeholders across Revolut to enforce current risk management frameworks, identify emerging risks, and provide effective challenge

What you'll need

• 4+ years of proven experience in liquidity risk management or management consulting in financial services
• Knowledge and experience of liquidity risk issues and methodologies, balance sheet dynamics, and income statements
• Expertise developing and implementing an ILAAP
• An understanding of global financial markets, products, and key liquidity risk drivers
• Knowledge of risk-related regulations and their application/impact in the financial industry
• An understanding of various stress testing methodologies, along with practical experience in model development, implementation, and governance
• The ability to break complex problems into smaller ones and to 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

• Experience in treasury, safeguarding, and/or 1LoD
• Experience with SQL or other scripting language

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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