Operational 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 75+ 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 13,000+ 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

Risk at Revolut operates across all functions, products, and regions to monitor front-line performance and ensure the business operates safely. They’re among the first to be involved in new initiatives, from tech to customer support.

We’re looking for an Operational Risk Manager to work closely with the Head of Risk and key stakeholders across the company. You'll use data to track risk exposures and keep improving our risk management framework and governance structures.

Up to shape what's next in finance? Let's get in touch.

What you'll be doing

• Working with the first line of defence (1LoD) to identify, assess, document, and review risks of all types
• Providing oversight in the design, implementation, and effectiveness testing of controls
• Developing and implementing risk policies, risk procedures, key risk indicators, and risk appetite statement
• Monitoring risks against limits and thresholds, producing reports to management and relevant stakeholders
• Working with local and global stakeholders in the risk incident management process, including registration of risk events, investigation and root cause analysis, and producing reports
• Participation in the local New Initiatives Approval Process, ensuring appropriate stakeholder engagement and governance
• Facilitating appropriate risk awareness and risk culture amongst team members
• Supporting audits and regulatory inquiries related to operational risk

What you'll need

• 4+ years of experience in risk management or a related role within financial services
• A bachelor’s degree
• Fluency in English with excellent communication skills
• Great critical thinking and problem-solving skills
• Solid organisational skills and attention to detail
• The ability to work independently while managing concurrent deadlines and multiple priorities

Nice to have

• Proficiency with SQL
• An understanding of financial services regulations
• Knowledge of fintech products, processes, and technologies
• Experience in operational risk capital calculation and the ICAAP process
• A master's degree
• Professional certifications (e.g., PRMIA)

Compensation range

• Italy: €63,750 - €75,000 gross annually*
• 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