Revolut launches a recruitment blitz ahead of establishing the new bank. What is it looking for?

British fintech giant Revolut, which received a conditional banking license from the Bank of Israel, is posting ten open positions in Israel, including head of internal audit, risk manager, and compliance manager. Estimated salary: 15,000-45,000 shekels per month. So far, CEO Uri Nathan and Chairman Shmuel Ben Zvi have been recruited.

British fintech giant Revolut, which received a conditional banking license from the Bank of Israel this week, is launching a recruitment blitz ahead of establishing its new bank in Israel. The company's website lists ten open positions, including veteran bankers, regulatory experts, fraud investigators, operations staff, and cybersecurity specialists. The most senior roles include head of internal audit and risk manager. The company does not publish the offered salary, but according to industry estimates, salaries range between 15,000 and 45,000 shekels per month. So far, two senior figures from the banking system have been recruited: CEO Uri Nathan, former CEO of digital bank Pepper, and Chairman Shmuel (Muli) Ben Zvi, former chairman of Bank Leumi. The banking system does not yet see the recruitment as a significant threat, but industry sources note that banks are preparing to retain employees. Revolut is not subject to the bankers' salary cap law and can offer attractive conditions, including options and shares.