Policy, Standards & External Reporting Risk Manager

London, England, United Kingdom

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£71,400 – £86,000Compensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, BankingIndustries

Requirements

The ideal candidate will have experience managing external regulatory reporting, specifically for the Competition and Markets Authority (CMA) and Non-Prudential Regulatory Returns (NPRR). They should possess expertise in implementing policy enhancements and managing the processes around them, ensuring alignment with regulatory objectives. Experience in strategic mapping of policies to regulations, risks, and controls is also required.

Responsibilities

This role involves managing the end-to-end process for external regulatory reporting, including timely and accurate submissions to the CMA and NPRR. Responsibilities include defining and applying materiality thresholds for non-compliance, leading the implementation of new regulatory reporting structures, and maintaining the NPRR inventory. The role also includes driving policy implementation, enhancing policies and standards, and ensuring their effective embedding for reporting and oversight. Additionally, the manager will be responsible for the strategic mapping of policies to regulations, risks, and controls, and improving the quality and reporting of policy adherence data.

Skills

Policy Governance

External Reporting

Regulatory Reporting

CMA Reporting

NPRR Reporting

Risk Management

Control Testing

RCSA

Risk Committee Reporting

Compliance

Monzo

Digital-only banking platform for consumers

About Monzo

Monzo operates as a digital-only banking platform focused on providing a modern way for individuals to manage their finances. Its main product is a mobile app that allows users to track their income, spending, and savings easily. The app includes features that help users save money, such as automatically setting aside a portion of their paycheck or rounding up transactions to the nearest dollar. Monzo generates revenue through interest on deposits, fees for certain services, and interchange fees from card transactions, as well as offering overdrafts and personal loans. What sets Monzo apart from traditional banks is its real-time balance updates and instant spending notifications, which help users stay informed about their finances. The goal of Monzo is to provide a convenient, mobile-first banking experience that meets the needs of its growing customer base, which has surpassed 8 million users.

London, United KingdomHeadquarters

2015Year Founded

$1,856.7MTotal Funding

LATE_VCCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees