Model Governance Manager

About Revolut

Revolut is dedicated to empowering people with more transparency, control, and flexibility when managing their money. Since 2015, the company has grown its portfolio of financial products—including spending, saving, investing, currency exchange, and travel services—serving over 75 million customers globally. With more than 13,000 employees worldwide, including remote workers, Revolut focuses on cultivating a thriving culture recognized as a Great Place to Work™.

Role Summary

The Risk department at Revolut spans all areas—functions, products, and regions—to oversee frontline performance and ensure safe operations. This team is an early participant in new projects, integrating with technology and customer service efforts. As a Model Governance Manager, you will utilize your expertise in data science and advanced analytics to oversee the use, validation, and governance of machine learning and AI models, including large language models (LLMs) and generative AI.

Key Responsibilities

• Develop, implement, and uphold the model risk management framework ensuring all models meet company policies.
• Maintain accuracy and integrity of model inventory data by addressing exceptions and managing classification, updates, and deactivation of models.
• Collaborate with Technology teams to enhance model risk management systems, emphasizing automation and operational efficiency.
• Engage with auditors and regulatory bodies on matters related to model risk management.
• Monitor and improve process efficiencies concerning reporting and control assessments.
• Coordinate training for stakeholders on policy changes and compliance requirements to ensure mandatory adherence.
• Track and apply emerging international AI regulations such as the EU AI Act and the UK’s AI regulatory framework alongside existing banking rules like SR 11-7 and SS1/23.

Qualifications and Skills

• Minimum of 5 years in financial services focusing on model risk areas like governance, development, or validation.
• In-depth understanding of various models used across the firm’s business lines.
• Strong communication skills for effectively conveying complex information to regulators and senior stakeholders.
• Advanced analytical and quantitative abilities.
• Effective team collaboration, interpersonal acumen, and organizational skills.
• Proficiency with SQL and data visualization tools.

Preferred Additional Expertise

• Background in banking or financial services with experience handling regulatory findings and working with internal audits.
• Knowledge of AI/ML model governance, explainability techniques, and advanced analytics within finance.
• Familiarity with cloud technologies related to model deployment or monitoring.
• Python programming skills.

Diversity and Inclusion

Revolut believes that diversity and inclusivity fuel innovation and product excellence. Since launching its Diversity & Inclusion Framework in 2021, the company encourages applicants from a range of backgrounds to join this multicultural team.

Important Candidate Information

• Apply only through official Revolut channels; no third-party recruitment platforms are used.
• Ensure all communications come from verified Revolut email addresses ending with @revolut.com.
• Beware of scams requesting payment or financial details during recruitment; report such instances immediately.

Candidate Declaration

Applicants affirm that the information provided is accurate to the best of their knowledge and agree to the processing of their personal data in accordance with Revolut's privacy policies. Providing false information may result in rejection or termination of employment.