Risk & Control Partner (Multiple Opportunities)

London/UK Remote Competitive + Benefits Hear from the team

Due to positive growth and expansion within the bank, we're adding 3 additional Risk & Control Partners to our busy, and vital Risk & Control Discipline.

About our Risk & Control Discipline

The 1st line Risk & Control Discipline (RCD) aligns to the various Collectives across all of Monzo. The RCD has multiple teams made up of Risk & Control Business Partners and risk experts that offer each business area tailored guidance and support on how to stay compliant with regulations, and design controls that mitigate risk. The RCD also makes sure that key risk indicators are well-defined and understood, risk incidents are managed, MI & reporting packs are created, and risk & control assessments are completed.

About the Roles

Each of these roles will support a particular business team ('Collective') within the bank:

• Product/Growth & Marketing Collective
• Borrowing Collective
• Payments Collective

You'll play a key role by

• Using your risk management knowledge to support developing robust controls that meet our customer and business needs now and in the future
• Leading risk assessments (RCSAs) associated with product and/or feature changes
• Helping to embed solid regulatory, conduct and operational risk practices and culture
• Ensuring Business areas comply with applicable policies and helping to review and change them where necessary
• Ensuring governance related requirements are met including change approvals and documentation sign-off
• Managing regulatory and audit deadlines and submissions
• Managing and fostering positive relationships across the three lines of defence
• Making recommendations to improve control effectiveness and/or identifying where new controls are required
• Managing and reporting risks, controls, issues, incidents and the associated remediation actions
• Innovating and improving the effectiveness of governance and risk management processes, to ensure they work for Monzo
• Escalating, managing and reporting control issues with transparency and creating a positive risk culture

We'd love to hear from you if

You have deep Risk & Control expertise in one or more of the following areas:

• Product, marketing or technology within a retail bank (business banking or personal banking), payments institution, insurance organisation or other financial services / fintech organisation
• Operational and conduct risk, relating to retail and business lending products in a regulated environment.

In addition:

• You have an understanding of Consumer Duty and conduct risk and experience applying these regulations and principles to day to day work
• You're resilient and comfortable working in a fast paced and ambiguous environment where the day to day job is constantly evolving and changing
• You're able to meet people where they are at, and be the a bridge between internal teams and represent Monzo before auditors and regulators
• You're a self-starter and autonomous, able to make prioritisation decisions

What's in it for you

Competitive salary share options.

These roles 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

• Short call with a Monzo Recruiter
• 30 minute video-call call with the Hiring Manager
• Full-Loop (2 x video-interviews with wider team/stakeholders)

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.

This process should take around 2-3 weeks - your schedule is really important to us, so we promise to be as flexible as possible!

You'll hear from us throughout the application process, but if you've got any questions, please reach out to . 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.