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Head of Risk (Non-Retail)

Revolut - Spain - In-office

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Revolut is a fintech company on a mission to give people more from their money through products spanning spending, saving, investing, exchanging, and travel. With 80+ million customers and 13,000+ employees globally, the company is scaling rapidly. The Risk function at Revolut operates across all business functions, products, and regions to monitor performance and ensure safe operations. This Head of Risk role focuses on first-line, non-retail risks and requires building a comprehensive risk management framework. Key Responsibilities: - Design a globally scalable risk framework, establish governance structures, and strengthen risk culture across the business - Collaborate with Data Science and Engineering teams to create origination, monitoring, provisioning, and collections risk models that optimize portfolio returns - Build and lead a portfolio management team, initially focused on continuous monitoring for receivables and payables finance - Shape local in-country credit policies and procedures to maximize portfolio-level economic returns - Provide thought leadership on defining and evolving risk appetite for mid-market, corporate, and enterprise features - Make key underwriting decisions for significant exposures and represent the first-line team on relevant risk committees - Maintain solid working relationships with the second line of defense - Support department objectives and planning processes Requirements: - Expertise in managing credit risk for mid-market products - Ability to build and scale a team from scratch, identifying key business and support needs for future growth - Solid understanding of credit policy governance and experience working effectively with 2LoD and 3LoD (lines of defense) - Experience in risk and fraud identification, monitoring, control implementation, and testing - Strategic planning ability, capacity to manage interdependencies, and track record of delivering exceptional results - Excellent communication skills with clear, concise, structured approach to explaining complex concepts - Strong analytical and problem-solving skills with ability to process complex information for optimal decision-making - Experience balancing thorough risk assessment with timely execution and business impact Nice to have: - Experience with trade finance products

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