Regulatory Compliance Manager (Credit)
Revolut · Spain
- Hybrid
- Full-time
- $100,000 / year
- Spain
Job highlights
- Implement credit regulatory frameworks.
- Advise on compliance requirements and controls.
- Create and implement new policies.
- Analyze complaints for customer improvement.
- Liaise with internal and external stakeholders.
About the role
About Revolut
People deserve more from their money. More visibility, control, and 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 70+ million customers get more from their money every day.
As we continue our lightning-fast growth, two 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
Our Compliance team blends regulatory expertise with data-driven thinking to make sure our products meet legal and policy requirements and deliver real value to customers. In a fast-moving, digital environment, they stay one step ahead by finding smart, scalable ways to manage conduct risk.
We’re looking for a Credit Compliance Manager to implement regulatory frameworks around credit features. You'll keep our consumer protection practice in compliance while advising on regulatory requirements and related controls.
Up to shape what's next in finance? Let’s get in touch.
What You'll Be Doing
- Advising on compliance requirements for credit products and related controls for the FOS basis operating business across the EEA
- Creating, assessing, and implementing policies from scratch
- Review, feedback, and compliance approval of credit product initiatives
- Managing the training programme
- Reviewing and approving marketing communications
- Analysing complaints to drive better customer outcomes
- Monitoring compliance and horizon scanning for the countries we work in
- Reading large pieces of regulation and breaking down what's needed to be done and how it applies to the business model, mapping them to controls, and remediating identified gaps
- Partnering with Risk Managers to resolve reported compliance risks and incidents
- Identifying regulatory issues proactively and recommending remedies to promote compliance
- Liaising with key stakeholders as required, both internal (Legal, Risk, BSA/AML officer, etc.) and external (regulators, advisors, partners, etc.)
What You'll Need
- 4+ years of experience in a regulatory compliance role within a consultancy, compliance function, or regulator
- A university degree in STEM, business, or finance
- Knowledge of how to conduct regulatory gap analysis, policy creation, and implementation
- Expertise with credit products and FOS business model
- A solid understanding of the interplay between compliance risk and business risk
- The ability to work well under pressure, manage multiple projects at once, and meet tight deadlines
- The ability to communicate positively with members of various internal teams and regulators
- Excellent analytical, communication, and interpersonal skills
- Fluency in English and French
Diversity and Inclusion
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
Key skills/competency
- Regulatory Compliance
- Credit Products
- Policy Creation and Implementation
- Regulatory Gap Analysis
- Risk Management
- Stakeholder Management
- Financial Regulations
- Consumer Protection
- European Economic Area (EEA)
- English and French Fluency
Skills & topics
- Regulatory Compliance
- Credit Compliance
- Financial Regulation
- Policy Management
- Risk Management
- Consumer Protection
- Compliance Officer
- FOS
- EEA
- Revolut
How to get hired
- Tailor your resume: Highlight your 4+ years of regulatory compliance experience, focusing on credit products and FOS business models.
- Showcase your skills: Emphasize your expertise in regulatory gap analysis, policy creation, implementation, and risk management.
- Demonstrate communication: Prepare to discuss how you've positively communicated with internal teams and regulators.
- Prepare for interviews: Be ready to articulate your understanding of compliance risk and business risk interplay.
- Highlight language skills: Mention your fluency in English and French as a key asset.
Technical preparation
Behavioral questions
Frequently asked questions
- What are the key responsibilities of a Regulatory Compliance Manager (Credit) at Revolut?
- The Regulatory Compliance Manager (Credit) at Revolut will be responsible for implementing regulatory frameworks for credit features, advising on compliance requirements and controls, creating and assessing policies, reviewing credit product initiatives, managing training programs, and analyzing complaints to improve customer outcomes. They will also monitor compliance, conduct horizon scanning, and liaise with internal and external stakeholders, including regulators.
- What qualifications are essential for the Regulatory Compliance Manager (Credit) role at Revolut?
- To be considered for the Regulatory Compliance Manager (Credit) position at Revolut, candidates need at least 4 years of experience in a regulatory compliance role, a university degree in STEM, business, or finance, and expertise with credit products and the FOS business model. Strong knowledge of regulatory gap analysis, policy creation, implementation, and the interplay between compliance and business risk is crucial. Fluency in English and French is also required.
- How does Revolut ensure compliance in its credit products?
- Revolut's Compliance team blends regulatory expertise with data-driven thinking. For credit products, this involves implementing specific regulatory frameworks, ensuring consumer protection practices are compliant, advising on regulatory requirements and controls, and establishing scalable ways to manage conduct risk. The role of the Credit Compliance Manager is central to these efforts.
- What is Revolut's approach to diversity and inclusion in hiring for the Regulatory Compliance Manager (Credit) role?
- Revolut is committed to diversity and inclusion, having launched its D&I Framework to foster growth. They encourage applications from people with diverse backgrounds and experiences, recognizing that diverse talent creates exceptional, innovative products. This applies to all roles, including the Regulatory Compliance Manager (Credit) position.
- Can I apply for the Regulatory Compliance Manager (Credit) role if I only speak English?
- Fluency in both English and French is a requirement for the Regulatory Compliance Manager (Credit) role at Revolut. The ability to communicate effectively in both languages is essential for liaising with stakeholders across different regions and understanding diverse regulatory landscapes.
- What kind of regulatory knowledge is expected for the Regulatory Compliance Manager (Credit) at Revolut?
- The Regulatory Compliance Manager (Credit) needs a solid understanding of how to conduct regulatory gap analysis, create and implement policies, and manage compliance within the context of credit products and the FOS business model. They must be adept at interpreting large pieces of regulation and mapping them to business operations and controls.