Risk Management Leader for Consumer Financial Products

4 days ago


London, Greater London, United Kingdom Monzo Full time

We are seeking a Senior Risk & Controls Manager to join our team at Monzo. In this role, you will play a crucial part in ensuring that we continue to deliver innovative financial products while maintaining a strong risk management framework.

About the Role

This is an exciting opportunity for an experienced risk professional to join our dynamic team and help us achieve our ambitious goals. As a Senior Risk & Controls Manager, you will be responsible for developing and implementing effective risk management strategies to protect our customers and the business.

You will work closely with cross-functional teams to identify and mitigate risks, develop robust controls, and ensure compliance with regulatory requirements. Your expertise will be invaluable in helping us navigate the complex and rapidly changing landscape of consumer finance.

Key Responsibilities
  • Risk Management: Develop and implement risk management strategies to protect our customers and the business.
  • Control Development: Collaborate with teams to design and implement effective controls to mitigate risks.
  • Regulatory Compliance: Ensure that all activities align with regulatory requirements, particularly those related to The Consumer Duty.
  • Stakeholder Engagement: Communicate risk-related information to senior executives, the Board, and other stakeholders.
  • Continuous Improvement: Identify opportunities for process improvements and contribute to the development of a culture that promotes transparency, accountability, and learning.
Requirements
  • A minimum of 5 years' experience in risk management, preferably in a regulated environment.
  • Proven track record of developing and implementing effective risk management strategies.
  • Demonstrated expertise in embedding conduct risk into day-to-day operations.
  • Experience with organizing and managing risk governance meetings/committees.
  • Excellent communication and interpersonal skills.
  • Ability to think strategically and provide insightful recommendations.
What We Offer

As a Senior Risk & Controls Manager at Monzo, you can expect a competitive salary of £90,000 - £110,000 per annum, depending on your level of experience. You will also receive a comprehensive benefits package, including flexible working hours, a generous learning budget, and access to cutting-edge technology. Our London office offers a vibrant and diverse work environment, but we also support distributed working within the UK.



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