• Framework implementation & oversight:
  • Manage the risk self-assessment process and second line monitoring.
• Product development support:
  • Embed risk and control governance in new financial products, particularly in Finance and Investment teams.
• Incident & event management:
  • Investigate operational risk events, partner with teams to mitigate risks and implement controls.
• Comprehensive risk reviews:
  • Conduct in-depth reviews of business areas—focusing on technological adoption, regulatory compliance, and operational risk reporting to oversight committees.
• Process change oversight:
  • Review and assess operational changes for risk impact analyses.
• Data-driven insights:
  • Analyse operational risk data (incidents, events, external risks) to identify trends and emerging risks.
• Risk culture champion:
  • Share best practices in accessible ways and build a culture where risk is meaningful for everyone.

What You’ll Bring

We’d love to hear from you if you have:

✅ Previous experience in a second line of defence role—whether in banking, financial services, or risk consultancy.

✅ Regulatory knowledge of:

• Operational risk frameworks
• Operational resilience requirements (applicable to regulated banks)

✅ Expertise in:

• Wealth & investment products/services, including controls.
• Finance operational processes (e.g., reporting, transactions, audit-detail).

✅ Hands-on experience in:

• Risk oversight, challenging First Line teams (including senior stakeholders).
• Data analysis of risk patterns, and presenting insights to oversight committees.

✅ Soft skills that fit our fast-moving culture:

🔹 A comfort working in a dynamic environment where priorities evolve daily. 🔹 Practical leadership—strong influencer, great at execution with attention to detail. 🔹 Curious and solution-focused, with an ability to ask insightful questions. 🔹 Ownership-driven, adaptive, and able to act fast. 🔹 Motivated by Monzo’s mission—helping reimagine banking for millions.

Why Join Us?

💼 Competitive Package:

• Salary: £59,500 - £74,000 per annum + performance-based incentive awards. 🏠 Flexibility & Location:
• Can be based in Monzo’s London office or fully remote (working from anywhere in the UK).
• Ad hoc visits to London. Full trust in work-life balance—hourly flexibility. 🌍 Remote workspace support:
• All staff receive MacBooks.
• Work-from-home (WFH) setup covered for remote workers, including additional WFH support. 📚 Career growth funds:
• £1,000 annual learning budget for courses, books, and conferences. 💡 Impact with purpose:
• Join a company where money works for everyone.

Equal Opportunities & Inclusion

✨ Journey first: Monzo is rebuilding banking as a movement—for all people. Inclusivity is paramount: 📈 Diversity and Inclusion Report & Gender Pay Gap Report (2025) reflect our commitments. 🌈 Diverse talent: We’re proud to prioritise D&I, offering support for growth for everyone.

Monzo is an equal opportunity employer—we celebrate diversity in:

• Age
• Ethnicity
• Religion
• Sex & gender identity
• Sexual orientation & family status
• National origin & neurodiversity/disabilities
• Veteran status

🎉 Preferred name policy: If you have a preferred name, please use it when applying.

🚀 Next steps

This role may close once we receive adequate applications. Apply today to avoid missing out.

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