Model Risk Manager

About Revolut People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing, exchanging and more, we've helped 40 million customers get more from their money. And we're not done yet.
As we continue our lightning-fast growth,? two things are essential to continuing our success: our people and our culture. We've been officially certified as a Great Place to Work™ in recognition of our outstanding employee experience! So far, we have 10,000 people working around the world, from our great offices or remotely, on our mission. And we're looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into the simplicity of a beautiful solution.
About the role The Risk team at Revolut plays a crucial role in monitoring and ensuring the safety of our operations. They work across various areas, including functions, products, and regions, to assess front-line performance and maintain secure footing for the business. Members of the Risk team are among the first to engage in new business initiatives, ranging from App Technology to Treasury and Finance, and even Customer Support.
As we expand our capabilities in Model Risk management, we're seeking a Model Risk Manager with a keen interest in data analytics and expertise in ML/AI, particularly in applications to computer vision, AML/ATF, and fraud detection.
Are you ready to challenge the status quo? We're looking for a dynamic individual who isn't just content with existing processes but is driven to elevate them. This is your chance to be at the leading edge of Model Risk management.
What you'll be doing

• Contributing to providing key insights on material models to senior management and the Board Risk & Compliance Committee
• Identifying areas for improvement in modelling processes and methodologies, ensuring models are within our risk appetite
• Supporting the provision of recommendations to model developers to mitigate risk
• Embedding and maintaining Model Risk management practices across the model lifecycle
• Improving the understanding of model assumptions, limitations, and outputs among senior management

What you'll need

• The ability to operate autonomously and engage confidently with stakeholders at all levels
• 4 years of experience in model validation or development in areas such as Financial Crime, Market Risk, Credit Risk, etc.
• Solid working knowledge of Python and SQL
• Excellent communication skills and the capacity to work effectively under pressure

Nice to have

• Exposure to C/C /Docker languages
• An understanding of the legislation and regulations related to Model Risk management in major jurisdictions

Compensation range

• Vilnius: €4,800 - €6,000 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 experience
Building 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.
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