Business Risk Manager (Third-Party Risk)
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Key skills for this role
About the Role
Revolut is looking for a proactive Business Risk Manager to build a best-in-class third-party risk management framework. The role involves driving continuous improvement of third-party risk processes, designing controls, and managing risk incidents.
Key Skills for This Role
Responsibilities
- Drive continuous improvement of third party risk management processes
- Identify, assess, and mitigate third party risks via risk and control testing during onboarding, ongoing monitoring, and off boarding
- Design, implement, and test controls
- Define third party risk management policies, procedures, and playbooks
- Maintain and review key risk indicators
- Register risk events and manage risk incident reports
- Build relationships with business stakeholders and 2LoD colleagues, reporting to committees on third party risk management
Requirements
- 2+ years of experience in risk management or management consulting, preferably in financial services
- Subject matter expertise in outsourcing and third party risk management
- Impeccable data analysis and problem solving skills
- Experience with risk identification, monitoring, and controls (implementation and testing)
- Ability to quickly assume responsibilities
- Organised and methodological approach
- Excellent interpersonal skills
Full Job Posting
About the role
- Risk at Revolut operates across all functions, products, and regions to monitor front line performance and ensure the business operates safely.
- We’re looking for a proactive Business Risk Manager to build a best in class framework and directly manage the controls that take our third party risk environment to the next level.
What you’ll be doing
- Driving continuous improvement of third party risk management processes
- Identifying, assessing, and mitigating third party risks identified via risk and control testing during onboarding, ongoing monitoring, and off boarding processes
- Designing, implementing, and testing controls
- Defining third party risk management policies, procedures, and playbooks
- Maintaining and reviewing key risk indicators
- Registering risk events and managing risk incident reports
- Building relationships with business stakeholders and 2LoD colleagues, reporting to various committees on key matters related to third party risk management
What you'll need
- 2+ years of experience in risk management or management consulting, preferably in financial services
- To be a subject matter expert in outsourcing and third party risk management
- Impeccable data analysis and problem solving skills
- Experience with risk identification, monitoring, and controls (implementation and testing)
- The ability to quickly assume responsibilities
- An organised and methodological approach
- Excellent interpersonal skills
Nice to have
- Fundamental knowledge of FCA and PRA outsourcing and TPRM regulations
- Proficiency in SQL
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