I do not want to let my colleagues down. We may share this information with other organisations, such as Google, We're going to let you in on how our designers and developers work, get inside the heads of our recruiters and lawyers, and discover life as part of the international expansion team. Key Takeaways:Answers like this discuss creative problem solving and ambitious goals. Always give an honest answer. 1. I also encourage members of my team to continually learn and develop because if my team is learning, then our value to the company is growing. She is a firm believer in managing expectations. One of my biggest work-related motivators is pushing my comfort zone. The deposit account is only used to keep your money as a deposit which is protected by deposit insurance. Eventually it will unless its offensive or libelous (in which case it wont. According to a study by Chester Elton, author of "Anxiety at Work" & "Leading with Gratitude" -. Talk about your long-term goals and how this is a great job for working towards them. As a manager, I am motivated in several ways. If you join Revolut Bank, you add a Demand Deposit account with Revolut Bank to your e-money account. Do not say that you are motivated by money. The process of advance experiences and keen skills make you lead in this profession along with strong base. To achieve great results as a team motivates me to try my best every day in job. When we spoke to him in 2018, Alan Chang, Revolut's SVP for revenues and operations, said the bank was already receiving about1,000 CVs a weekfrom people who wanted to work there. If you join Revolut Bank, your money will be protected under the Deposit Guarantee Scheme and youll be one of the first to access our new banking products in future, like loans and credit cards which are already being offered in Lithuania and Poland. eFinancialCareers So when the interviewer asks you this question, they want to see that you . Key Takeaways: For any sales roles or highly results-driven roles, an answer similar to this is ideal. The team achieved significant sales growth by my designing a new product. I was a product manager in my previous capacity. Key Takeaways:This answer is a perfect answer if you are unsure exactly what the company is looking for. "If you want to work for a fintech, this is an alternative to going in as a programmer. My ideal work environment is one where I am given challenging and complex problems for the company and can use data and logic to come up with new or creative solutions. Secondly, it can prepare you well for roles elsewhere. Choose your destination country and currency. As a financial institution we are required by law to collect and report information on your tax residencies. For one, they want to get a sense of your personality and who you are. 4. Business or Consumer, Revolut is the only banking alternative designed for your global lifestyle.. I am also motivated by achieving great results at work. If you are eligible to join Revolut Bank, you will see a banner in your Revolut app home screen which says "Join Revolut Bank". Revolut was channeling Bridgewater, the hedge fund who's culture is. When you're answering the interview question pick one career-focused idea that's relevant to the role and company you're applying for. The company will also offer users the option to make one-off donations or set up recurring payments to charities of their choice. This not only keeps me energized but also on my toes to keep working strong. Learning and development are critical in all modern business, and quality results provide your company with a competitive advantage and reduce the likelihood of errors or delays in your work. Theres no minimum donation amount, and donations can be turned on and off at any time. What Is Revolut ? 99.5% of them were rejected. Here are some different open-ended questions that they may ask instead. We asked Revolut employees why they joined Revolut, and here's what they said. Visit our career section to check current openings: https://www.revolut.com/. Do not say "I don't know" or be too general, e.g., "I like doing a good job.". Revolut isn't a bank - it's licensed by MAS as a major payment institution instead. I have enjoyed getting involved in a wide range of projects and societies at University, including organising fundraising sports events, and helping run the Marketing Society every week. We operate in local markets complying with the local laws and regulations, and cooperating with local authorities, law enforcement institutions and regulators. Do not lie. Really bad answers might include: "I'm looking for a big home, and the only way I can afford it is to make more money.". They are asking you to explain why you are the best candidate for the position. Enter your recipient's details. Download the Revolut app on your Android or iPhone mobile device and sign up for free. August is drawing to a close and cooler days may soon be on their way, but that never stops the wheels turning here at Revolut. If you want to close your account as a result of these changes, you can do so until July 1, 2022. I seek out ways to contribute to important projects that provide me with a sense of ownership both in my own work and my overall work environment. Finally, when someone is motivated by affiliation, they are your go-to person for networking. Joining the bank is completely optional, so you don't have to do it. This is an indirect way to ask what will make you do your hardest work in the new role. Sign up for free and get more from your money:https://revolut.com/?p=youtube Also, don't forget to: Visit our Help sectionhttps://revolut.com/help Subscribe to our Channelhttps://youtube.com/c/Revolutapp Subscribe to our Bloghttps://blog.revolut.com/#subscribe Follow us on Twitterhttps://twitter.com/revolutapp Follow us on Instagramhttps://instagram.com/revolutapp Like our Facebook pagehttps://facebook.com/revolutapp Joining Revolut Bank: whats in it for me? Describe why you love your craft. There are two different types of motivation, intrinsic and extrinsic. Leadership Skills With the increase in knowledge and exposure, this will help you in preparing for more responsibilities day by day. On the other hand, for 17% of people, money is the top-most motivation.". I also have a healthy level of competitiveness which drives me to always try to beat my own best performance and lead my team in productive results. The taste of success after a failure is what keeps the fire going within me no matter what the circumstance." Possible Answer #3 "Helping others and empowering people is what motivates me the most. Doing meaningful work, recognition and having the tools to be successful are the most important motivators for me. If a volunteer is motivated by achievement, they will enjoy taking on challenging tasks to meet a realistic goal. Describe a time you worked your hardest and why? Revolut launched in July 2015 as a money-transfer service before expanding its services to include digital banking, loans, stock trading and cryptocurrency. We can't stress enough how much of a cheat sheet the job description is for every interview. And the last one was, given an array of anagrams, remove in the next item the previous anagram (don't . One was to count the minimum times to paint a matrix (or similar). This is common in most financial service providers, and is intended to prevent fraud and illegal account use. Storonksy himself seems untroubled by the loss and says the bank has been "investing in growth." It is a common type of wording for jobs that are likely to be mundane or boring as they require a specific type of person to remain at them long-term. With a brand new feature, Donations, Revolut has applied the same principle as with Vaults to donating, making it simple to give small amounts of money to charities, without taking a cut for themselves. They have over 20 million customers. 5. A digital bank without all of the charges, enabling you to travel, manage and send money abroad, with trusted security is something thats sorely in demand, with many companies following suit. But an employer will not always use such direct questions when they want to know about your motivations. Say that you get a sense of accomplishment when you have done a good job for the company. Finally, I have a lot of goals in my personal life and things I want to do for my family, and I know that the best way for me to do this is to be successful at my job. Paving the way for the future of banking, Revolut continues to search for new ideas and ways to improve the experience of banking in this progressive hyper-connected world by offering Crypto exchange, giving their customers more control and constantly pushing into new exciting spaces, as they continue to expand their offering swiftly into new markets in different countries. Another was to count the distance in a 3x3 number pad (like the number pad in a keyboard) given a sequence of numbers and a number pad, both in string form. Interview Questions. The word is appreciation. While some of those interviewed by Sifted said the bank employs an incredibly high calibre of staff and that it trains you how to complete work and solve tasks quickly, others said people struggled with the notion that they'd need to work up to 14 hours a day, plus weekends if something came up: "Its never going to be a nine-to-five," said one. Key Takeaways: For analytical or data-oriented roles, such as accounting, law, statistics, and engineering, this can be a very strong answer. Storonksy himself seems untroubled by the loss and says the bank has been "investing in growth." After raising $500m last year, he also says . The reporting framework is the same for our e-money institution and bank, so nothing will change if you join the bank. In 2016, Inman News named Candy Miles-Crocker as one of the Top 25 Real Estate coaches in the United States. It is important to understand the company and the open position as this is not for roles in time-sensitive or fast-paced environments. The hiring manager needs to know that you will be a good fit for the company culture and that you will be motivated to do your best work for the company and that you are committed for the long run. Don't ramble. These two questions are basically asking the same thing as each other. Do not be too personal, for example, I am motivated by having fun.. "Effort recognition is what motivates me to do a good job. We've continued to process all transfers received and Direct Debits made using your old GB IBAN. This ties into my customer service work but also applies to non-customer-facing duties. While these questions explore more than just your motivation, the best answer should explain not only why you are a good fit, but why you are motivated to excel in the position well into the future. Keep it positive. It offers a range of products focused on travel and spending, but its main product is a transaction account and a card that allows for international transfers and simple global spending. Have a confidential story, tip, or comment youd like to share? 3. The interviewer will watch your answer to this closely, as it directly relates to how ideal you are for the job. Manage your everyday spending with powerful budgeting and analytics, transfer money abroad, spend easily in the local currency, and so much more. I am jointly motivated by opportunities for learning new skills and finding creative ways to achieve ambitious goals. I SAID 10 TIMES! Step 1: Pull some key phrases from the job description. It doesn't matter whether it is a colleague, friend or relative. We're passionate about improving your finance function and the value it creates for your wider business | At VantagePoint, we're passionate about improving your finance function and the value it creates for your wider business. Where possible, provide specific examples from a previous job. Some say that ones name plays an important role in defining ones destiny, so its safe to say that whoever named Revolut sure was a visionary. My three sources of primary motivation are meeting deadlines, learning new things, and providing for my family. To have come this far, someone held my hand and encouraged me along the way. We work hard because we love it," saidChang. But it can be asked in senior team member roles as the way you motivate others will reflect what motivates yourself. You'll usually need the recipient's full name and their bank account number and bank code. To get an account with Revolut you'll need to complete a verification step. by Cherian Joseph pallattusheril , Sr.Projects Manager. There are times when the people around your need that extra drive to get going. In 2017, Revolut founder and ex-Credit Suisse traderNikolay Storonskyunderscored Revolut's approach to work. 3. State that you enjoy learning and building up your knowledge. Appreciation to me is like jaggery is to an ant. The chance to make an impact "It is important that I am part of something that is bigger than myself. We use cookies to personalise your experience on Revolut. Theres a lot that startups can learn from their approach, and we do well to pay attention. To join, simply click on that banner and follow the instructions on screen. We need to use these cookies to make our They think that because theyre joining a start-up theyll be hanging out, drinking beer, playing ping pong and going home at 6pm.. After hearing about Revolut for some time, I've decided to join and test the card that many consider being the best to use while traveling.. As a software engineer, I am always looking to improve my knowledge and professional skills. This is a version of What motivates you? that is trying to make sure that the job you are applying for will be a match for you. People focusing on power are assertive, confident, and productive. Focus on the positive when you respond. They use it as a stepping stone to get somewhere else." "The ones who will go on to do things by themselves are definitely the operations managers. They are strong organizers and supervisors. Project Management,Project Collaboration and Purchasing Stratergy. From version 8.5 of the Revolut app, you'll have both accounts right away when joining Revolut. After raising$500m last year, he also says Revoluthas no need ofraisingfurther money for the foreseeable future. It is a digital service that runs on Apple or Android smartphones. How do you motivate others to do their best? Other ways an interviewer may ask this question include: "What drives you to do your best?" "What inspires you?" "What are you passionate about?" After more than doubling spending on wages and salaries last year, Revolut made a loss of 168m in 2020, up from a loss of 107m in 2019. where necessary. All the key people, all the core team. As always, weve been working to bring you the best possible experience, and weve got more great products for you this month. Power. I am constantly setting goals, objectives, and to-do lists for myself so that I am energized to work toward the next important thing on my list. Standing out as one of the leading Challenger Banks in the world, after being an e-money prepaid debit card fintech in the UK, and recently receiving their EU banking license, Revolut is not just an efficient product; its a super cool brand that people love. This is a trick question. This answer is designed for technical roles, interchange software engineer with your professional title. Also, anticipate common questions like this and have a detailed answer prepared that shows a strong desire to work for the company long-term. There are a lot of things that motivate me at work. There was an error with your request. The downside of working for Revolut has traditionally been seen as a hard-driving culture, although the bank has made moves to address this and many of its employees purport to enjoy it. Key takeaways: Your answer should be unique to your experience, but you should also follow a general formula so that you provide the right information to the interviewer. Here are 10 of the best answers that are sure to make a positive impression at your next interview. What makes it so cool? http://bit.ly/mrhackioJoin Amazon Prime Video 30 day free trial! I like to always have something to work towards, and I get a sense of value when I accomplish something I have set my mind to. Be self-aware. After more than doubling spending on wages and salaries last year, Revolut made a loss of168m in 2020, up from a loss of107m in 2019. Our PwC UK Chair Kevin Ellis shares the importance of accepting difficult feedback, nurturing a culture that motivates talented people and creating a legacy by lifting others up. You can use the example answers provided to answer almost any question that asks about your motivations, e.g. Key Takeaways: This answer is designed for management and team leader positions. This means that the more important the task or duties given to me, the easier I find it to work hard to resolve them as I get a sense of personal satisfaction from achieving success. Join 20M+ already using Revolut. If you do something solely because you love doing it, your motivations are in the right place, and they'll allow you to consistently perform past your potential employer's expectations. Use 10X Rule. Revolut Ltd is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900562. First, I am motivated by success stories, and I look for opportunities to make everything my team does a new success. With a valuation of up to $10bn, Revolut is no longer the tiny upstart it was back in 2015. Revolut's goal is to adapt to the needs of clients, giving them control. Revolut launched in July 2015 and currently has over 3 million customers throughout Europe, the UK and Australia. Add money into your Revolut account by topping up via your card or bank account. Contact: sbutcher@efinancialcareers.com in the first instance. 2. I cannot enjoy my weekends or evenings if I know that I have not completed my work duties to the very best of my ability and squared off my current tasks. Revolut's other advantage has been the potential to gain pre-IPO stock. Open a free account in minutes right from your phone, and make your money go further It is incredibly rewarding when you know you contributed to the completion of important projects for the company using ingenuity and skill. When preparing your answer to what motivates you, be honest in your answer and avoid sharing vague, generic or negative statements. Given my highly technical mindset, one of the things that motivate me the most is data analysis. 1. Making an impact in this industry and in customer's lives is motivating." Answer (1 of 19): You can try following approaches: 1. It covers working in a team, sharing knowledge with your team, and clearly states that you know your motivations from experience. As a corollary of this Storonksy said people at Revolut, "work long hoursat least 12, 13 hours a day. Why do you want this job? One was to count the minimum times to paint a matrix (or similar). However, I have also realised that appreciation is a form . Encouragement from others is a huge boost to your self-esteem and it can motivate you to give your goals another shot. And another key driver for me personally is training or helping colleagues to grow and improve. Here's an example of an appropriate answer to give when asked what motivates you: "I am highly motivated to attend work every morning when I see the people I work with grow. website work, for example, so you can get promotions awarded to your account. To help make sure everything my team is responsible for is successful, I am motivated to study and attempt to emulate great leaders and apply everything I have learned from my previous experience. Key Takeaways:This is a strong answer when applying for customer service roles as it directly addresses being motivated by providing customers with a good experience. Often, innovation starts with identifying a pain-point in the system, understanding the big-picture significance, and executing a brilliant strategy to make the change you believe in. To display my potential and skills to grow with company and develop the business by vast knowledge. Therefore, as I work around others, I strive to see the best in them. Do not lie. It is an e-money account which can be used for transfers and money exchange, and to access all of the other Revolut services that you know and love. The bank paid out115m in wages and salaries and another40m in share-based payments last year, suggesting that the average employee earned76k. Revolut may be able to simplify things for you. Revolut Bank is now live in 29 EU countries and we continue adding new countries to the list. Even though we might be motivated to do something we will always still face difficult obstacles on your journey to accomplish the goals that we have set for ourselves. Having a cool brand and a well-designed product means nada if theres no real need (or want) for your product. Revolut is still a culture where people work hard, longer than nine to five. I also get a great deal of motivation from completing meaningful work as part of a team and helping my team members to achieve their best. Do not say I dont know or be too general, e.g., I like doing a good job.. I enjoy analyzing data and getting as much information as I can, and applying this to address problems for the company. Only one word comes to my mind when the question 'what motivates you' is raised. Intrinsic motivation is influenced by the individual, and incentives include personal gratification. We often see this question flying over social media. Revolut calls itself a " global financial super-app ". However, the bank also stresses its flexibility: as long as you get the work done, you can work how you like, even if that means coming in late. as a follow-up question, you can simply acknowledge that money is important, but if you are interesting work, you know that the money will follow. "We have a culture thats direct, hard-working, transparent and ambitious," Chang told us fouryears ago, adding thatRevolut was channeling Bridgewater, the hedge fund who's culture is self-described as 'being like a nudist camp at first:'"We model some of our values on Ray Dalios approach at Bridgewater although ours is a very basic version of what they have there., When people leave, it's because they misunderstood what they were getting into, Chang told us. / Why do you think you would be a good fit for this job? This might explain why people there are expected to work so hard. Sarah Butcher Revolut is banking app and payment card that is positioned as an alternative to traditional banking products, designed to fit the lives of those with a global lifestyle, or anyone who wants the flexibility that you cannot get from regular banks. Transfer money abroad in 29 currencies with the interbank exchange rate, with a small 0.5% fee for anything above 6,000 each month. It shows that you welcome being outside of your comfort zone and recognize the need to constantly learn and develop your skills to stay ahead of the game. I strive for constant improvement, which is why I make it a goal to acquire at least one new certification each year. You dont need a background in computer science to work for a fintech.. "We want to hire the sort of person who becomes a banker or a consultant with that standard analytical and presentational skillset," said Chang. A flat mark-up on weekends and on certain currencies may apply, it's only fair. The journey we've been on has made us want to start telling you about the inner mechanics of the machine called Revolut. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. It is very important that for my efforts, I get the deserved mention or applause. Provide an example of a time when you needed to motivate a team. 1 person has recommended Bobbie Join now to view More activity by Bobbie A company I interviewed with told me a requirement of the job is to be in the office, Monday-Friday from 8-4 or 9-5. . The potential advantage of spending time at Revolut is reflected in the career of George Robson, the 26-year old former Morgan Stanley banker who spent a few years at the bank as head of product before being headhunted to become a European partner at venture capital firm Sequoia. We ensure the office of finance is empowered with systems and processes that are tailored to your specific needs. Theres an expectations gap. If your ingredients are right, the cake will rise, and who doesnt love cake. I take company goals, team targets, and personal KPIs very seriously. If you want to work for a fintech, British app-based bank Revolut might be a good bet. First call, then home work with a duration of 15 days to resolve. Here's what you need to know. This is another behavioral question and should be addressed with the STAR technique. Be prepared. Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) efforts include a hidden world that few people outside the banking industry know. Use a strong story. A lot of people also work on weekends.". 3. If relevant, tell them that learning on the job helps you grow not just professionally, but personally, as well. Getting a job at Revolut isn't necessarily easy. Whether you hold an e-money account or deposit account in the bank, Revolut is not a place to hide. It allows you to exchange currencies at perfect interbank rates and send money through, mobile and social Joined Revolut as part of their initial founding team right at the start, to help design, shape and guide their mobile strategy and brand from an initial small startup to a now worldwide recognised financial and trusted banking brand. In everything I do, I try to take the best approach because I take pride in my work, and this is demonstrated through my history of past successes. Ask yourself a . company impovemnts apportuinty , share my effort to achieve the company sucess. Trying new things does mean finding the occasional wrong answer, but mistakes are an opportunity to gain a better understanding, and I find this to be a great motivator. This goes hand-in-hand with being prepared. It is based on the fact that we usually think others feel and act the same as ourselves. Let's walk through some of Revolut's key security measures so you can rest assured Revolut will keep your account and your money safe. It measures success in terms of how customers deeply interact with its products, and this is a good schooling for jobs elsewhere in fintech. (1). This means that any time I face a task that challenges me, I am excited to improve my skills and knowledge to best address the task and deliver results for the company. It will normally be asked in management or leadership roles. The day to day life on the Revolut mobile team is extremely varied, but here's a sample of things you might be doing on any given day: Release a brand new game-changing feature to millions of . Key Takeaways:This is a good answer because it lists multiple sources of motivation, both work-related and personal, which ensures you will be committed to doing the job well consistently. An additional motivator is my drive to have things completed. It's still a very, very data-driven, KPI-driven environment." On progression: "Many people bail out in a year. I recognize the best way for me to realize these personal goals is to be a top performer at work and deliver value for the company. Keep sticky notes of daily task on your desk (Remember: daily task only) 2.
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