Head of Retail Credit Risk

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 a Head of Retail Credit Risk who'll support our growing retail credit portfolio. You'll make data-driven decisions on risk-adjusted return requirements and lead preventive and reactive actions that impact portfolio performance and profitability.

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

What you'll be doing

• Defining and owning the Group's credit risk framework, ensuring alignment across entities and compliance with regulatory requirements
• Leading the development, calibration, and monitoring of credit risk appetite, strategies, and limit frameworks across products, including secured and unsecured lending
• Acting as the primary point of contact for credit risk in the UK
• Overseeing responses to regulatory inquiries, including ICAAP, stress testing, and capital requirements related to credit portfolios
• Providing functional oversight and guidance to credit risk heads within individual legal entities, ensuring consistency of standards while respecting local jurisdictional nuances
• Establishing risk governance for the full lifecycle of new product development (NPD) for retail and business lending, ensuring appropriate risk-based pricing and impairment modelling
• Advising the Group CRO and Board on our credit risk profile, identifying emerging systemic risks that could threaten long-term viability or capital adequacy
• Overseeing the validation, performance, and monitoring of credit risk models (including IFRS9/Basel models) to ensure global consistency and accuracy

What you'll need

• Expertise in leading credit risk management for a global financial institution
• A solid understanding of the full credit lifecycle across secured and unsecured retail, business, and commercial lending
• A track record of operating within a consolidated supervision framework (e.g., PRA/FCA requirements), including significant experience with ICAAP and Basel regulatory expectations
• An advanced ability to design and implement credit governance frameworks and work effectively across the three lines of defence to drive risk culture and accountability
• Experience managing risk across multiple legal entities or regions, balancing centralised oversight with local entity execution
• The ability to synthesise complex, high-volume data into clear, actionable, and structured insights for board members, regulators, and senior executive stakeholders
• A data-driven mindset and familiarity with credit scoring and behavioural models
• The ability to oversee a high-performing team of risk specialists and data scientists

Nice to have

• Direct experience managing a retail and business lending credit portfolio in a high-growth, digital-first banking environment
• Technical proficiency in SQL, R, or Python to facilitate hands-on engagement with model validation and data strategy
• Expertise in establishing or scaling a credit risk function within a rapidly expanding financial services group