Retail Credit Risk Modeller

Published: 3 weeks ago

Job Location

Job Type

Full Time

Visa Sponsorship

Not Available

Relocation

Allowed

Hiring contact

Nikolay Storonsky

The Role

ABOUT THE TEAM
Our Risk team sits at the very core of Revolut. It works 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, to treasury and finance, to customer support.
If you want to gain priceless experience and exposure in one of the fastest-growing scaleups in Europe, helping to make Revolut safer for our customers, employees and shareholders, then apply to join our Risk department today.

ABOUT THE ROLE
Risk Management is one of the most cross-cutting teams at Revolut. We sit at the very core of Revolut and ensure the company keeps itself on certain ground. The team operates as the second line of defense covering all offices globally and is responsible for ensuring that risks and controls are properly managed by the first line.

What you'll be doing:
• Develop, implement, validate and maintain credit risk models (IFRS 9, scorecards, IRB, forecasts, derivatives credit exposures from derivatives) for the measurement and management of credit risk for different segments of Revolut portfolios with the focus on retail and SME but including also Treasury counterparties and fixed-income securities;
• Handle various stress testing and back-testing;
• Develop credit analytics related to risk management;
• Support the regular reporting and monitoring required ensuring that all models remain appropriate for the portfolio.

WHAT YOU’LL NEED
The successful candidate will possess the following:
• At least 10 years in credit risk modelling of retail portfolios in banking environment
• Experience with scorecards, IFRS9 provisions, stress tests, EAD models
• 2:1 STEM degree from a top universityExcellent knowledge of SQL and Python
• Knowledge of retail and SME banking products
• Analytical and independent thinker with strong written and verbal communication skills




A LITTLE ABOUT US
We believe that there are better ways for people to control their money. Easier, fairer ways.
Revolut started in 2015 with card transactions abroad without rubbish exchange rates or hidden fees. We’ve since added business accounts, vaults, insurance and even access to cryptocurrency exposure.
We reached 5 million customers in June 2019 and we’re adding another million every quarter.

WHAT WE ARE LOOKING FOR
From employee 1 to employee 1000, you will be slotting into a global team that shares a number of traits.
You can work autonomously and take ownership. We thrive with the space and responsibility to solve problems.
You operate best without lots of bureaucracy. We don’t hide behind fancy job titles or clunky processes ‘because that’s how things are done’.
You approach work in a logical way. We are not afraid to make mistakes but we use data and logic to backup decisions and improve understanding.
And you share our mission to improve people’s relationship with their money.

THE BENEFITS
• Competitive salary
• Biannual equity bonuses
• All the latest tech you need
• Skip the commute and work from home once a week
• Roll with a free Revolut Metal subscription
• Pension plan
• Private health insurance
• Don’t panic about cooking: get free dinners with Deliveroo
• Start the day properly with fresh fruit and cereals
• Stay refreshed: get juice, tea, coffee and soft drinks on tap
• Rest up with 29 days’ holiday per year

Please only submit an application for one posting.

More about Revolut

Perks and Benefits

Healthcare benefits
Healthcare benefits
Retirement benefits
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Funding

AMOUNT RAISED
$834.2M
FUNDED OVER
7 rounds
Rounds
D
$500,000,000
Series D Feb 2020
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Founders

Vlad Yatsenko
CTO • 3 years
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Nikolay Storonsky
Founder • 3 years
United Kingdom
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Go to team image

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