Capital Risk Manager

About RevolutPeople 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 70+ 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 roleRisk 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 who’ll be identifying, quantifying, and managing Revolut’s capital risk. As a part of our second line of defence, you'll ensure that risks and controls are properly managed by first-line businesses.You’ll work closely with Treasury, Finance, Operations, Technology, and the broader Risk team to independently assess and oversee risk-taking activities.Up to shape what's next in finance? Let’s get in touch.What you'll be doingSetting standards for managing capital risk, including risk appetite and impact assessments/responses to changes in capital risk regulationsPreparing the local ICAAP and Recovery planDeveloping and maintaining risk management policies, procedures, limits, stress testing capabilities, analytics, system support, and reporting infrastructureEngaging and challenging first-line businesses to identify, monitor, and govern emerging capital risks, including new product risk assessmentsMonitoring capital risk exposures versus established limits (internal and regulatory), investigating risk events, producing related MI reports, and escalating breaches to the appropriate committeeIdentifying key financial and non-financial risks that require capital allocationBuilding financial models, enhancing existing ones, and forecasting for capital planningProposing capital allocation limits and managing the approval processEstablishing solid relationships with senior stakeholders across the group to enforce current risk management frameworks, identify emerging risks, and provide effective challengeWhat you'll need4+ years of experience in capital risk management or management consulting in financial servicesExpertise in capital risk regulations, issues, and methodologies, including ICAAP and Recovery PlanningAn understanding of global financial markets, products, and key capital risk driversKnowledge of risk-related regulations and their application/impact in the banking industryExpertise in various stress testing methodologies, model development, implementation, and governanceThe ability to break complex problems into smaller onesTo enjoy working with data to facilitate your workThe ability to work independently, exercise good judgement, and drive changeExcellent interpersonal skillsNice to haveExperience with SQL or other scripting languageCompensation rangePoland: PLN20,500 - PLN31,600 gross monthly*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 experienceBuilding 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.