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Risk & Control Director

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 UK Remote | 💰£110,000 - 160,000 + Benefits | Hear from the team ✨

⭐ Our Risk & Control team

We’re looking for a Director to join our Risk & Controls Discipline (RCD) to lead our central Shared Services function, to drive fresh thinking within the first line risk management space, and help us achieve the next phase of our growth ambition. The successful person will help our Risk Business Partners and senior leaders to shape and implement controls, and run all aspects of Monzo’s Enterprise Risk Management Framework (ERMF) in the first line of defence. They will lead the Shared Services function to empower our Risk Business Partners with the tools, processes and information to give actionable insights to our business leaders. Directors at Monzo join the company-wide Senior Leadership Team and are expected to lead both within their role but also make a broad impact across the organisation

🔑 You’ll play a key role by...

  • Leading a team of experts, balancing delivery with continuous improvement, and engaging with senior leadership to drive strategic impact
  • Representing Monzo in external regulatory engagements and industry forums, managing requests and enhancing our regulatory relationships
  • Ensuring thorough execution of risk-based commitments, and synthesise insights from risk assessments to inform both current and future practices
  • Aggregating and challenging outputs from risk assessments (RCSA) in the 1st line, joining the dots, making sense of the combined results and focussing on both historical and proposed practices
  • Elevate Monzo’s control environment to greater maturity and scalability, pioneering a proactive approach to risk management
  • Fostering positive relationships across the three lines of defence, addressing control gaps, implementing effective solutions, and promoting a transparent risk culture


🤩 We’d love to hear from you if…

  • You bring exceptional risk and control expertise from UK banks, financial services, or FinTech
  • You have a proven ability to influence senior stakeholders and tackle complex issues in matrix environments
  • You have a strong track record in managing 1st line risk - and are ‘hands on’ in doing so - with experience growing new business ‘in control’
  • You’re a data driven control leader
  • You thrive in fast-paced settings, showcasing resilience, adaptability, and exceptional execution skills as the landscape evolves
  • You exhibit curiosity and collaboration, adept at asking insightful questions and quickly acting on new information
  • Experience in fintech, deploying AI, or working in scaling environments or tech companies is a plus!


🙌 What’s in it for you

💰 £110,000 - £160,000 ➕ share options

✅ We can sponsor your visa

📍 This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London)

⏰ 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 fully remote workers we will provide extra support for your work-from-home setup

➕ Plus lots more! Read our full list of benefits

🌈 The application journey has 3 key steps

  • Recruiter call (30 mins)
  • Initial Call w/ Hiring Manager (30 min)
  • 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 you’ve got any questions, please reach out to 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.

We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out. 

#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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We legally have to verify your Right to Work in the UK before you can start working for us. We're asking for this information now so we know later what type of right to work check we need to do. Your answer to this question won't affect the outcome of your application, unless you'd need visa sponsorship but are applying to a role we can't sponsor.

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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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