Risk and Controls Manager, Shared Services
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.
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!
Monzo is hiring for a Risk Manager to join our Shared Services team in the first line Risk & Control Discipline. This person will be responsible for managing our risk management processes including the production of monthly executive committee packs, business risk reporting, maintenance of policies, standards and overseeing our key risk processes including the Risk & Control Self Assessment (RCSA).
You will empower our Risk Partners by:
* Designing and maintaining easy to understand and operate reporting processes for Conduct & Operational Risk Committee, making sure reports satisfy Group requirements.
* Delivering insights and high-quality reporting content to meet periodic and ad hoc Board, Executive and Regulatory requests.
* Proactively producing adhoc risk, control, issue, action, or other insights for the VP Risk & Control to improve the way we monitor our key exposures.
* Proactively identifying areas of potential risk exposure, control ineffectiveness or risk appetite breaches to our Risk Partners for them to consider with their business areas.
* Delivering effective, engaging and motivating training and education for Monzonauts involved in risk reporting.
* Designing and maintaining an easy to understand and operate Risk & Control Self Assessment process that meets Group standards.
* Maintaining a suite of 1st line risk policies (e.g., Incident Management Policy) and designing processes and training to embed them into operations.
* Working with our Data Discipline to ensure that key risk management systems (Airtable and RegRight) allow Risk Partners to deliver actionable insights to their business areas as effectively and efficiently as possible.
* Managing other project work as required by the VP Risk & Control.
We’d love to hear from you if you are…
* Experienced in risk reporting, governance and risk data management - you know what good looks like and you’re confident in bringing that to Monzo.
* Comfortable with data - spotting trends, pulling out actionable insights and capable of producing high-quality written output for Board, Executive and Regulatory audiences.
* 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.
* Experienced in designing strategic initiatives, including Risk change.
* An excellent communicator, written and verbal, in line with our Monzo Tone of Voice.
What’s in it for you
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.
Application Process
- A chat with a member of the hiring team.
- An initial call with the hiring manager.
- 2-part final stage interview with members of the team.
This process should take around 2-3 weeks - your schedule is really important to us, so we promise to be as flexible as possible! Please apply as soon as possible to not miss out; we'll be closing the advert once we have enough applications.
If you have any questions, please reach out to business-hiring@monzo.com.
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. 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.
#J-18808-Ljbffr