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 growing our 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-
Defining and owning the Group Credit Risk framework, ensuring alignment across all entities and compliance with consolidated supervision requirements under the UK regulator
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Leading the development, calibration, and monitoring of credit risk appetite, strategies, and limit frameworks across the full spectrum of products, including secured and unsecured retail products and business lending
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Acting as the primary point of contact for credit risk for UK and global regulators
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Overseeing responses to regulatory inquiries, including ICAAP, stress testing, and capital requirements related to credit portfolios
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Providing functional oversight and guidance to credit risk heads within individual legal entities, ensuring consistency of standards while respecting local jurisdictional nuances
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Establishing risk governance for the full lifecycle of new product development (NPD) for retail and business lending, ensuring appropriate risk-based pricing and impairment modeling
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Advising the Group CRO and Board on the credit risk profile of the Group, identifying emerging systemic risks that could threaten long-term viability or capital adequacy
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Overseeing the validation, performance, and monitoring of all credit risk models (including IFRS9/Basel models) used across the Group to ensure global consistency and accuracy
What you'll need-
Proven experience leading credit risk management for a global financial institution, with a deep understanding of the full credit lifecycle across secured/unsecured retail and business/commercial lending
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Strong track record of operating within a consolidated supervision framework (e.g., PRA/FCA requirements), including significant experience with ICAAP and Basel regulatory expectations
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Advanced ability to design and implement credit governance frameworks and work effectively across the three lines of defence to drive risk culture and accountability
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Experience managing risk across multiple legal entities or regions, balancing centralized oversight with local entity execution
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Ability to synthesize complex, high-volume data into clear, actionable, and structured insights for Board members, regulators, and senior executive stakeholders
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Data-driven mindset with a solid understanding of credit scoring and behavioral models, combined with the capability 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
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Technical proficiency in SQL, R, or Python to facilitate hands-on engagement with model validation and data strategy
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Specific expertise in establishing or scaling a Group Credit Risk function within a rapidly expanding financial services group
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.
Important notice for candidates:
Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.
- Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.
- Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.
We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.
By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy Notice
Notice: This is a remote position based in United Kingdom.
