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Third Party Risk Manager

London

🚀 We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking. 

With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!

We’re not about selling products - we want to solve problems and change lives through Monzo ❤️

Hear from our team about what it's like working at Monzo


 

📍London or Remote (UK) | 💰salary will be dependant on experience + Benefits |

Our Third Party Risk Management - Supplier Operations team

We are a tech-focussed bank with bold ambitions, and we believe in making strong internal and external relationships.To effectively manage and build relationships across the Monzo Group and with external suppliers, the Third Party Risk Management team take charge of making sure we have well defined controls, processes and governance models in place to meet the continually growing and evolving demands of global Third Party Risk Management regulations.

We are a small, high-performing, high-energy team and we are here to deliver Third Party Risk Management in a pragmatic way that benefits Monzo and our customers. Whilst there are many defined and diverse programs of work that we are focussed on, our team’s scope is expanding as Monzo expands into the EU - giving you the opportunity to gain unique insights into Monzo operations at every level.   

Reporting to the Head of Third Party Risk, you will become a part of Monzo's community, where your drive for innovation and your deep experience of all things Risk and Control will meet our commitment to revolutionising fintech. As a member of our team, you'll actively contribute to shaping our future, leaving a lasting mark on how we evolve.


🔑 You’ll play a key role by…

  • Bringing your unique Risk and Control expertise gained in global organisations, to advance Monzo’s strategic goals and support our growth
  • Proactively delivering impactful and effective Third Party Risk Management 
  • Designing, implementing and managing operational processes to enhance how Monzo manages Third Party Risk
  • Having a pivotal role in developing sustainable ways to meet our regulatory requirements in a high-growth, technology-driven environment
  • Striving to achieve high standards and instil established best practices in risk management
  • Taking a collaborative and partnered approach to achieving business objectives with internal teams and external suppliers
  • Having the ability to be both tactical and strategic when developing and delivering Third Party risk management solutions at Monzo

 

🤩 We’d love to hear from you if…

  • You have experience in delivering third party risk management in a matrix environment
  • You have a proven ability to implement sustainable uplift in risk processes
  • You have a comprehensive understanding of outsourcing regulations, ideally obtained in banking or financial services 
  • You are proficient in developing strategies to ensure effective risk management of third-parties throughout their lifecycle
  • You have a deep knowledge of, and ability to interpret risk regulations and standards across different jurisdictions
  • You are well versed in Cyber, Information Security and Data risk management
  • You have a good working knowledge of Third Party risk management tools/systems 
  • You are delivery focussed with a genuine appetite to develop sustainable solutions in an innovative way

 

🌈 The application journey has 3 key steps

  • 30 minute Recruiter call 
  • 30 minute Initial call with the Hiring Manager
  • 2 hours of technical and behavioural interviews

This process should take around 2-3 weeks - your schedule is really important to us, so we promise to be as flexible as possible! 

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here.

You’ll hear from us throughout the application process, but if do have any specific questions please contact us on business-hiring@monzo.com. You can also use this email address to let us know if there’s anything we can do to make the process easier for you because of disability, neurodiversity or anything else.

 

🙌 What’s in it for you

💰 Competitive base salary dependent on experience + benefits and share options

📍 This role can be Hybrid based in our London office, but we're open to discussing distributed working within the UK 

⏰ We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team. 

📚 £1,000 learning budget each year to use on books, training courses and conferences.

🏡 We will set you up to work from home; all employees are given Macbooks and for distributed workers we will provide extra support for your work-from-home setup. 

➕ Plus lots more! Read our full list of benefits.

#LI-Remote #LI-OS1


Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2023 Diversity and Inclusion Report and 2023 Gender Pay Gap Report.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.

If you have a preferred name, please use it to apply. We don't need full or birth names at application stage 😊

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Our goal at Monzo is to make money work for everyone. To do that, working at Monzo must work for everyone. We want to create an equitable, engaged and innovative workplace which gives people from all backgrounds the support they need to thrive and grow. 

Making Monzo work for everyone starts right at the beginning of every Monzonaut's journey: when they apply to work here. This demographic survey will help us better understand the people who apply to work at Monzo. It'll help us see how different groups progress through our hiring process, and where we need to make improvements to be more inclusive. If you choose to fill it out, all of the information you give us is:

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