Senior Prudential Risk Manager New Cardiff, London or Remote (UK)

Monzo is recruiting a Senior Prudential Risk Manager to join the 2nd Line of defence risk team. The role will lead the oversight and challenge of Monzo's financial and prudential risks and work closely with 1st line Finance teams.

We're looking for an analytical and commercially minded senior risk manager, with prudential risk experience who will thrive working across prudential and financial risk. This role will lead the Prudential Risk oversight of regulatory deliverables including the ICAAP and Recovery and Resolution Planning, as well as the capital strategy and how it is embedded in Monzo.

Key responsibilities:

• Lead 2nd line risk oversight and review of ICAAP and Recovery and Resolution Planning in line with Monzo's approach and regulatory expectations.
• Lead oversight of the capital management strategy and its implementation through financial reporting and forecasting.
• Identify and assess regulatory rule interpretations and ensure they are correctly applied.
• Produce opinions and reports on Monzo's financial risk position for key risk committees and the Board, making recommendations for effective controls and prudential compliance.
• Ensure Monzo's Group Financial Risk Framework and Financial Projections Framework are adhered to and that suitable controls and policies are in place.
• Review financial models used for financial forecasting, capital planning and stress testing, running sensitivity analysis and forming insights and recommendations.
• Conduct discrete assurance activities to strengthen risk and controls in Monzo.
• Develop strong relationships with colleagues to embed prudential risk management activity.

What's in it for you

This role can be based in London or remote within the UK with adhoc visits to the London office.

We offer flexible working hours and trust you to work enough hours to do your job well, 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.

Equal Opportunities

Monzo is an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity or disability status.

If you have a preferred name, please use it to apply. We don't need full or birth names at application stage