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Group Risk Oversight Manager

Cardiff, London or Remote (UK)

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

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

After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us. 

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 UK team about what it's like working at Monzo ✨

 

London/Cardiff/UK Remote | 💰£85,000 - £100,000 + Benefits | Hear from the team ✨

Monzo is hiring for a Group Risk Oversight Manager. This person will be responsible for the Oversight of Group Risks at Monzo. Your primary responsibility will be overseeing Group risks (e.g. Financial risks), writing frameworks and making sure our Enterprise Risk Management Framework is implemented consistently across the Group.

🔑You’ll play a key role by...

  • Providing risk oversight over Monzo’s Group risks, providing insightful analysis and both support and challenge to 1LoD plans and actions. This will mainly involve Strategic and Financial risk oversight
  • Review and challenge of the Group’s consolidated financial position via capital and liquidity assessments, regulatory reporting and risk appetite monitoring
  • Oversight of strategic and financial aspects of corporate development activity to support Group growth ambitions
  • Providing risk oversight over our Enterprise Risk Management Framework, making sure that it is implemented consistently across the Group
  • Providing oversight opinions for Group risk committees and supporting the preparation of the Group CRO’s risk reports
  • Setting our Group risk oversight plan with input from the Group and subsidiary Chief Risk Officers

🤩 We’d love to hear from you if…

  • Experienced in risk management - you know what good looks like and you’re confident in bringing that to Monzo 
  • Experienced in managing risk within a Group setting
  • Highly numerate, with financial knowledge and experience of prudential risk management, including retail bank capital regulation
  • Great at stakeholder management at all levels across the company, able to role model an effective working relationship between the 1 & 2 LOD 
  • Experienced and effective at prioritisation at a tactical and strategic level
  • An excellent communicator, written and verbal, in line with our Monzo Tone of Voice
  • A role model for our values & behaviours
  • A nimble business mind with a focus on developing creative solutions
  • A financial qualification would be beneficial e.g. ACA, CIMA, ACCA, ACT, CFA etc

🙌What’s in it for you

💰£85,000 - £100,000 ➕ share options.

📍This role can be based in our London office or 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 (potentially followed by an initial call)
  • First stage - 1 hour role specific interview
  • Second stage - 1 hour behavioural interview 

Our average process takes around 3-4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on business-hiring@monzo.com.

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.

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

#LI-TK #LI-REMOTE

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 2024 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:

  • Voluntary. And we've included a "prefer not to say" option for every question. It'd be helpful if you still fill out the survey even if you choose "prefer not to say" for every question, as it's useful for us to understand & record this. We won't know if you choose to fill this survey in or not.
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For more information on how we'll use this data, please read our candidate privacy notice.

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