Retail Credit 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 a Risk Manager to 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 credit performance and profitability.

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

What you'll be doing

• Overseeing exposure to retail credit risk, and managing risk appetite through limit calibration and monitoring
• Evaluating 1LoD proposals and ensuring initiatives align with risk appetite and best practices
• Ensuring alignment with CNBV and Banxico regulatory frameworks for retail credit risk, proactively managing compliance updates and reporting standards
• Overseeing the end-to-end credit provisions calculation for the credit card portfolio, ensuring accuracy, timeliness, and adherence to regulatory methodologies
• Working with the Risk Modelling team to design, develop, and implement retail credit risk models
• Maintaining key policies, procedures, and controls
• Engaging first-line businesses to identify, monitor, and govern emerging retail credit risks, including new product risk assessments
• Partnering with key stakeholders, committees, and regional regulators on material retail credit risk exposures and limit governance
• Protecting the company from excessive risk-taking, saving on both short and long-term costs
• Building trust and reputation with our external stakeholders and ensuring risks are managed within the risk appetite
• Identifying emerging risks that require immediate attention or could threaten long-term viability

What you'll need

• 4+ years of retail credit risk experience
• Knowledge of key products, like unsecured personal loans, credit cards, and overdrafts
• A solid understanding of retail credit risk modelling (PD/EL)
• Good analytical skills and familiarity with local data and data sources
• Experience in banks and the second line of defence (risk)

Nice to have

• A degree in finance, accounting, economics, statistics, or exact sciences