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About the Role

The Enterprise Risk team helps Monzo grow safely by ensuring appropriate risk frameworks, reporting, and governance are in place. This role operates within the second line of defence, partnering with various teams to deliver insightful risk reporting and support effective enterprise risk management. It offers high visibility and the chance to influence how risk information drives decision-making.

Responsibilities

• Design and maintain clear and operational risk reporting processes for Monzo Bank Limited, meeting Group requirements.
• Develop fit-for-purpose, flexible, and future-proof risk reporting processes with the Group Risk Reporting team, providing business intelligence.
• Analyze risk data to generate insightful reports for senior stakeholders and committees.
• Produce Monzo Bank Limited Combined Assurance Plan (CAP) papers.
• Support the operation and embedding of the Enterprise Risk Management Framework (ERMF) across Monzo Bank Limited.
• Collaborate with the Group Risk team to ensure the Group Risk Taxonomy remains relevant.
• Support the Monzo Bank Limited Enterprise Risk & Compliance Committee operations, including governance, minutes, and action tracking.
• Support the Group Risk Culture agenda and provide risk culture updates for Monzo Bank Limited.

Requirements

• Experience in risk reporting and risk data management.
• Confidence in managing stakeholders at all levels and building effective working relationships across first and second lines of defence.
• Experience in prioritizing work at both tactical and strategic levels.
• Experience designing and delivering strategic risk initiatives, including risk change.
• Excellent written and verbal communication skills, aligning with Monzo's Tone of Voice.
• Demonstrate Monzo's values and behaviours.

Skills

• Risk reporting
• Risk data management
• Stakeholder management
• Strategic planning
• Risk initiative delivery
• Written communication
• Verbal communication

Location

• London
• UK Remote

Work Type

• Hybrid
• Remote

Experience Level

• Mid-level

Salary/Compensations

• £71,400 - £90,000

Benefits

• Incentive Awards tied to performance
• Flexible working hours
• £1,000 learning budget annually
• MacBook provided
• Home office setup support for remote workers

About the Company

• Monzo is on a mission to make money work for everyone, moving away from traditional banking complexities.
• Over 10 years, Monzo has expanded from a prepaid card to offering personal and business accounts, joint accounts, accounts for 16-17 year olds, kids accounts, credit cards, savings, investments, and pensions in the UK.
• Known for hot coral cards, get-paid-early feature, financial education on social media, and award-winning customer service.
• Focuses on solving problems and changing lives through its products.

Equal Opportunity

• 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.
• Encourages applications from individuals who are passionate about the role and keen to learn, even if they don't meet every requirement.