Risk & Control Manager at Monzo

Ireland

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, FintechIndustries

Requirements

Minimum of 3 years of risk and control experience, across operational and conduct risk, pertaining to customer support operations in a regulated environment
Experience with risk governance meetings/committees, and collating data and writing supporting commentary
Demonstrable ability to lead risk assessments for product change, with a data-led approach to risk identification, assessment and treatment
Understanding of the Consumer Protection Code and experience applying these regulations and principles to day-to-day work
Experience with control testing, and issue and action management
Excited about helping Monzo scale in a compliant, thoughtful and controlled way
Resilient and comfortable working in a fast-paced and ambiguous environment where the day-to-day job is constantly evolving and changing
Able to meet people where they are at, and be a bridge between internal teams and represent Monzo before auditors and regulators

Responsibilities

Lead change risk assessments - both general risk and control self-assessments associated with operations, product process and/or tooling changes
Support the first line in developing and improving controls that protect our customer and business needs now and in the future
Ensure governance-related requirements are met - including documentation and approvals
Manage and report on the risk and control environment (risks, controls, issues, incidents, remedial actions, etc.) for our operations product domain
Manage regulatory and audit deadlines and submissions
Help innovate and improve on the effectiveness of governance and risk management processes to ensure they work for Monzo
Help embed robust regulatory, conduct, and operational risk practices and culture
Foster positive and collaborative relationships across the three lines of defence

Skills

Risk Management

Regulatory Compliance

Control Frameworks

Change Risk Assessment

Key Risk Indicators

Incident Management

MI Reporting

Enterprise Risk Management

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