Chairperson of UK Bank

Revolut ,
London, Greater London

Overview

Job Description

ABOUT THE TEAM The Leadership Team provides Revolut with the vision, the drive, and the direction to continue its rapid growth and development into a major international finance business. From risk, to finance, to people, the leadership team is our C-suite level grouping that sets the tone and agenda for all areas of the business and is comprised of some of the brightest and most successful people in the business. WHAT WE NEED We're looking for a Chairperson to lead the board of Revolut's subsidiary in the UK. This entity plans to become an authorised Electronic Money Institution and bank in the United Kingdom. WHAT YOU'LL BE DOING Establish strong Board governance structure and processes - Drive strategic review of business plans for relevant legal entities (eg EMI, Bank, Trading) - Risk & Compliance Committee established to oversee prudential position (capital and liquidity, resolution), operational risk (including technology, cyber, financial crime), conduct and culture - Audit Committee established to oversee internal audit, and external financial reporting and auditors - Nominations & Remuneration established (as required) to oversee appointment of other directors, remuneration policy and code Help us obtain required authorisations (eg EMI, trading) Help us obtain banking license and operationalise the bank Develop strong relationship with Revolut Group Board and executives WHAT YOU'LL NEED Experience as a board member of a comparable regulated FS institution or retail bank Experience of challenger / start up fintech (eg as advisor, consultant) Robust understanding of relevant regulations and technical background Strong relationship with senior regulators Nice to have: STEM degree from top tier university Worked in an executive or board role in a high growth company A LITTLE ABOUT US We believe that there are better ways for people to control their money. Easier, fairer ways. Revolut started in 2015 with fee-free card transactions abroad. We've since added current accounts, business accounts, savings, insurance, and even cryptocurrency trading. We reached 9 million customers in November 2019 and we're adding another million every quarter. And we're only just getting started. Come and help Revolut build the world's first truly global bank. WHAT WE ARE LOOKING FOR From employee 1 to employee 1000, you will be slotting into a global team that shares a number of traits. You can work autonomously and take ownership. We thrive with the space and responsibility to solve problems. You operate best without lots of bureaucracy. We don't hide behind fancy job titles or clunky processes 'because that's how things are done'. You approach work in a logical way. We are not afraid to make mistakes but we use data and logic to backup decisions and improve understanding. And you share our mission to improve people's relationship with their money. THE BENEFITS Competitive salary Biannual equity bonuses All the latest tech you need Skip the commute and work from home once a week Roll with a free Revolut Metal subscription Pension plan Private health insurance Don't panic about cooking: get free dinners with Deliveroo Start the day properly with fresh fruit and cereals Stay refreshed: get juice, tea, coffee and soft drinks on tap Rest up with 29 days' holiday per year Please only submit an application for one posting.