KeyStep

Errors Manager

Monzo
Dublin, Ireland
about 5 hours ago
full-timeOperations

Skills & Technologies

Incident ManagementAuditComplianceRegulatorySocial MediaCustomer ServiceMakeCompensationBenefitsRoot Cause AnalysisReportingCommunication SkillsResilienceRegulatory ComplianceRegulatory Reporting

Job Description

🚀 We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking.

After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us.

With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!

We’re not about selling products - we want to solve problems and change lives through Monzo ❤️

📍Dublin | 💰 €54,700 - €66,690 + Incentive Awards tied to your performance ➕ benefits | Hear from the team ✨

⭐ About the role

We are looking for an Errors Manager to lead the identification, management, and remediation of errors across Monzo Bank Europe (MBEU).

This is a key role within the Risk & Controls function, ensuring that customer-impacting and operational errors are managed effectively, remediated promptly, and prevented from recurring — in line with Central Bank of Ireland (CBI) expectations and the Consumer Protection Code.

You will play a critical role in protecting customers, strengthening our control environment, and ensuring we operate with transparency, accountability, and high standards of governance. You'll work closely with teams such as Customer Operations, Finance, Product, Engineering and be a trusted advisor on error management and customer outcomes.

🔑 You'll play a key role in...

Error Identification & Management

Own and maintain a comprehensive Errors Log, ensuring all errors are captured, classified, and tracked consistently

Define and implement a clear error taxonomy (type, severity, customer impact, root cause)

Ensure timely identification and escalation of material errors

Correction & Customer Redress

Ensure all errors are corrected without delay, in line with regulatory expectations

Coordinate customer remediation, including refunds and compensation (with interest where applicable)

Oversee clear and transparent customer communications

Regulatory Compliance (CBI / CPC)

Ensure compliance with the Consumer Protection Code and other applicable CBI requirements

Assess and manage regulatory reporting obligations (including notification of material errors to the CBI where required)

Maintain a strong audit trail and evidence base for all error handling activities

Root Cause Analysis & Prevention

Lead root cause analysis (RCA) to identify underlying issues

Distinguish between isolated incidents and systemic failures

Partner with business, product, and engineering teams to implement control improvements and prevent recurrence

Governance & Reporting

Provide regular reporting to senior management and governance forums (e.g. ERC, Conduct Committees)

Track key metrics such as error volumes and trends, customer impact, time to defect and remediate, repeat errors

Incident Management & Operational Resilience Support

Support the Operational Resilience Manager in managing incidents with customer or financial impact

Ensure alignment between incident and error management, including tracking and remediation

Contribute to incident reporting and post-incident reviews, feeding learnings into control improvements

🤩 We’d love to hear from you if have…

Experience in error management, operational risk, or a similar function within banking or digital banking

Strong understanding of CBI regulatory expectations and the Consumer Protection Code

Proven experience managing customer remediation and redress processes

Strong analytical skills, with experience in root cause analysis and control design

Ability to operate in a fast-paced, evolving environment

Excellent communication skills —

Company & Role Analysis

JobSeeker+
Likely perks
Private MedicalPension25+ Days HolidayStock OptionsLearning BudgetFlexible Hours
Culture & working style

Neutral 2–4 sentence summary of what working at this company is like, drawn from public reviews and press coverage. Tone, collaboration style, pace, benefits highlights.

Market salary range

£45,000 – £60,000 (Glassdoor, Levels.fyi, 2025)

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Working at Monzo

Monzo aims to foster an inclusive, caring, and empathetic workplace culture, prioritizing problem-solving for customers. The company promotes an open, collaborative environment, entrusting employees with flexible working hours and autonomy. They are committed to diversity and inclusion, striving to ensure every team member feels a sense of belonging and can perform their best work.

Perks

Remote WorkingFlexible HoursPensionLearning BudgetParental LeaveMental Health SupportLife Insurance25+ Days Holiday

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