Operational Risk Manager

12 hours, 57 minutes ago
Full-time
Senior
Operations
Monzo

Monzo

Monzo is a digital retail bank and fintech company that provides smart banking solutions through its smartphone app. With over 8 million users, Monzo offers intelligent notifications, instant balance updates, and financial management tools to help user...

Banks
1K-5K
Founded 2015
$1100M raised

Description

  • Support the implementation and day-to-day operation of Monzo’s risk management framework.
  • Embed risk and control self-assessment processes and 2nd line oversight and monitoring.
  • Partner with teams across the business to develop new products and features with strong risk practices, especially in Finance and Wealth/Investment.
  • Manage and follow up on risk events, working with teams to identify risks, controls, and solutions.
  • Conduct in-depth reviews of business areas, including technology adoption, regulatory compliance, and operational risk reporting.
  • Review and assess changes to operational processes that affect the company’s risk profile.
  • Analyse operational risk data, including incidents, external event scans, and operational losses, to identify trends and risks.
  • Provide oversight and challenge to the first line of defence, including senior stakeholders.
  • Support risk assessments and risk assurance activity.
  • Promote and help embed a strong risk culture across Monzo.

Requirements

  • Experience in a second line of defence role in banking, financial services, or risk consultancy.
  • Knowledge of operational risk regulatory requirements and operational resilience.
  • Knowledge of wealth and investment products and services.
  • Knowledge of finance operational processes.
  • Experience providing risk oversight and challenge to the first line of defence, including senior stakeholders.
  • Experience analysing risk data and presenting findings to senior stakeholders and oversight committees.
  • Resilient and comfortable working in a fast-paced environment with changing day-to-day priorities.
  • Hands-on, strong in stakeholder management, execution, and attention to detail.
  • Curious, collaborative, able to ask incisive questions, take ownership, and act quickly.
  • Motivated by Monzo’s mission to make money work for everyone through modern technology.

Benefits

  • £59,500 - £74,000 salary.
  • Incentive Awards tied to performance.
  • Flexible working hours.
  • Remote or distributed working within the UK, with ad hoc meetings in London.
  • £1,000 annual learning budget for books, training courses, and conferences.
  • MacBook provided, plus extra home-working setup support for fully remote employees.
  • Access to Monzo’s full benefits package.

Interested in this position?

Apply directly on the company website

Apply Now

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