Revolut Expands Israeli Hiring Ahead of Market Entry
Translated & summarized from NEWSru Israel by baba
The story in 5 lines · by baba
- Revolut is expanding its hiring for banking roles in Israel.
- The company is preparing to enter the Israeli market.
- Revolut aims to obtain a "light bank" license.
- Uri Natan, former CEO of Pepper, leads the Israeli division.
- A specific launch date has not been announced.
British fintech firm Revolut is accelerating its preparations for entry into the Israeli market by expanding its list of job openings for core banking roles. According to Calcalist, Revolut is seeking candidates for positions such as credit product managers, banking operations heads, debt collection managers, and compliance specialists. A significant portion of these vacancies are related to control systems and infrastructure required for a supervised financial institution. One compliance role, for instance, demands in-depth knowledge of Bank of Israel directives on proper banking practices, Israeli consumer protection and privacy laws, and experience with risk and compliance management units.
The hiring drive is linked to Revolut's effort to obtain a license that will enable it to significantly expand its operations in Israel under a "light bank" license. The company's Israeli division is headed by Uri Natan, former CEO of Pepper. The exact launch date for Revolut's operations in Israel has not yet been determined.
