- Company: Monzo
- Location: Cardiff, London or Remote (UK)
- Job type: Full-time
- Salary: £64,000 – £80,000 + Incentive Awards
✅ Visa sponsor check: Monzo Bank Ltd (London) is on the UK Home Office register of licensed sponsors for Skilled Worker, Global Business Mobility: Senior or Specialist Worker (A rating), checked 30 October 2026. Being a licensed sponsor doesn’t guarantee sponsorship for this role: confirm it with the employer, and never pay anyone for a Certificate of Sponsorship.
About the role
Monzo is expanding its Prudential Risk team and is looking for a Manager to join the 2nd Line Prudential Risk Oversight department. This role offers a chance to contribute to a scaling bank with a focus on growing safely. You will work closely with the 1st Line Financial Risk team to provide expert oversight of key regulatory deliverables, including the ICAAP, Recovery Plan, and Resolution Planning. The position also involves interpreting regulatory changes and supporting the review of financial models used for forecasting, capital planning, and stress testing.
Responsibilities
- Support the oversight of key regulatory deliverables and enhancement plans in line with regulatory expectations and industry best practices.
- Identify and interpret regulatory rules, providing oversight and challenge to ensure correct application.
- Support the production of reports and options on Monzo’s financial position and controls framework for key risk committees and the Board.
- Work with the Group Risk team to ensure adherence to the Group Financial Risk Framework and Financial Projections Framework.
- Review financial models used for financial forecasting, capital planning, and stress testing within G-Sheets and Anaplan, including running sensitivity analysis.
- Conduct discrete pieces of assurance to support the strengthening of risk and controls.
- Develop strong relationships with colleagues to support the embedding of prudential risk management activity.
Requirements
- Relevant prudential experience gained within a bank, a consultancy, or a regulatory body.
- In-depth knowledge of regulatory requirements, specifically in relation to capital, recovery planning, and resolution.
- Advanced Excel or G-Sheet skills and experience of building or reviewing financial models to support financial forecasting or capital planning.
- Ability to analyse data and understand the impact on the bank to form risk insights.
- Strong relationship-building skills to develop productive working connections with 1LoD stakeholders while providing robust challenge.
- Strong written and verbal communication skills.
Pay and benefits
- Salary: £64,000 – £80,000.
- Incentive Awards tied to performance.
- Flexible working hours and trust-based working arrangements.
- £1,000 learning budget each year for books, training courses, and conferences.
- Home office setup support, including a MacBook and additional equipment for fully remote workers.
How to apply
Apply directly on Monzo’s own careers website. Omadaily never charges job seekers.
