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Revolut seeks help applying for UK banking licence & loses four more execs

April 30, 2020

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The UK challenger bank published the job listing on its career page, first spotted by AltFi. The job advert further supports reports by The Sunday Times last month that the fintech is gearing up to apply for a UK banking licence before the year is out.

The fintech already has a Lithuanian banking licence which it obtained in December 2018, but has been operating in the UK the past five years without a UK licence.

Responsibilities of the role would include overseeing the fintech’s prudential position, monitoring operation risk and keeping tabs on its internal auditing. The successful candidate will already have established relationships with senior regulators.

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