Head of Prudential Risk

🚀 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 ❤️

📍London / Cardiff /UK Remote | 💰£121,000 - 140,000 (depending on experience) + incentive awards tied to your performance + Benefits | Hear from the team ✨

⭐ Our Financial Risk team

We're looking for a Head of Prudential Risk which is a key role for Finance and the broader Monzo business. The role is responsible for leading the planning and production of our key prudential deliverables and ensuring Financial Risk continues to be managed within risk appetite across the group. As such this is a senior finance role that will have impact across multiple collectives and disciplines

You will require a breadth of knowledge and experience across prudential regulation. Expertise covering ICAAP and recovery and resolution planning is essential. In addition to knowledge of financial risk, you will be expected to have a solid understanding of non-financial risk and have the practical skills to ensure critical processes linked to embedding recovery, resolution and general financial stability are maintained and enhanced. You will have the ability to independently interpret a range of regulations, determine the impact of those on the bank, and to manage projects to impl