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Monzo Bank logo
Monzo Bank

We're a bank that lives on your phone, on a mission to make money work for everyone.

Operational Risk Manager

RiskRiskFull TimeRemoteSeniorTeam 1,001-5,000Since 2015H1B No SponsorCompany SiteLinkedIn

Location

United Kingdom

Posted

12 days ago

Salary

£59.5K - £74K / year

Seniority

Senior

Bachelor DegreeEnglish

Job Description

Operational Risk Manager

Monzo Bank

• Supporting the implementation and operation of Monzo’s risk management framework, including embedding of the risk and control self assessment process and 2nd line oversight and monitoring • Partnering with teams to help develop new products and features by embedding good risk practices, particularly Finance and Wealth / Investment departments • Managing and following up on risk events that happen at Monzo, partnering with teams to find solutions and identify risks and controls • Conducting in-depth reviews of different areas of the business, their adoption and implementation of technology, regulatory compliance and reporting on operational risk matters to oversight committees • Reviewing and assessing changes to operational processes that impact on our company risk profile • Analysing Operational Risk data such as incidents, external event scanning and operational losses to provide insights and identify any trend(s) and/or risk(s). • Promoting and helping embed a strong risk culture, making risk meaningful and relevant to everyone at Monzo. You will share best practice that it is easy for everyone to understand

Job Requirements

  • You have worked in a second line of defence role in banking, financial services or risk consultancy
  • You have knowledge of operational risk regulatory requirements and operational resilience
  • You have knowledge of wealth and investment products and services
  • You have knowledge of finance operational processes
  • You have experience conducting risk oversight, and providing support and challenge to the first line of defence (including senior stakeholders)
  • You have experience analysing risk data and reporting findings to senior stakeholders at oversight committees
  • You’re resilient and comfortable working in a fast paced environment where the day to day job differs
  • You are hands-on, a strong influencer, stakeholder manager, great at execution, and focused on the detail
  • You’re curious and collaborative; great at execution, focussed on the detail and great at asking incisive questions, intuitive, take ownership and able to act quickly
  • You’re motivated by Monzo’s mission of ‘making money work for everyone’ by reimagining banking through the use of modern technology.

Benefits

  • £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.

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