Regulatory Reporting Manager

🚀 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 ❤️

📍Madrid, Spain | 💰 €46,800 - €56,970, Incentive Awards tied to your performance ➕ benefits | Hear from the team ✨

⭐ About the role

We’re searching for an ambitious, innovative and data-focused individual to help establish, develop, and run the day-to-day activities of our Regulatory Reporting capabilities in Spain.

The role includes responsibility for ensuring our horizon scanning and interpretation activities are correctly reflected in regulatory reporting returns, and monitoring our adherence to the applicable rules on an ongoing basis. This includes identifying and defining any changes required to data and production quickly and safely.

Combining the learnings of some of the fastest growing tech companies in the world with your own unique approach, you will work as part of a wider high-energy, dynamic team and foster open, collaborative, and inclusive working, embrace change, and inspire continuous learning. You will help enable Monzo to scale into a world-class, diverse and passionate group of people capable of effecting change across the globe.

🔑 You’ll play a key role by...

Proactively identifying and interpreting the rules, regulations and guidance applicable to Regulatory Reporting for the Spanish Branch, and ensuring ongoing compliance in the production of returns

Developing, implementing and maintaining the processes and controls required to document and evidence Monzo’s Regulatory interpretations

Ensure that the processes and controls in place to produce returns are compliant with the applicable regulations, to facilitate accurate, complete and timely reporting with appropriate governance.

Working closely with our engineers and data scientists to ensure efficient, accurate and timely data sourcing throughout production processes.

Working with a range of internal and external stakeholders, at a Group and Branch level, including the Country Manager, Spanish Business Manager, Risk, Data and project teams, to navigate and agree on what can be complex or ambiguous regulations in order to achieve the best outcome for Monzo

Prepare regulatory returns for Monzo’s Branch in Spain

Play a key role in the automation of Monzo’s regulatory reporting, specifically implementation, user acceptance testing (UAT) and maintenance

Ensuring that changes to processes that support regulatory reporting are implemented quickly and safely

Collaborate with the Monzo EU (Ireland based) regulatory reporting team, as well as the UK based Group team, on transfer of best practice and assist with consolidation of Spanish Branch activity in group reporting.

Working with the rest of Monzo to help them understand regulatory implications of new products and services

Contribute towards our ambitious expansion plans including supporting the rest of Monzo and ensuring that the Regulatory Reporting team is always an enabler

🤩 We’d love to hear from you if…

You have experience understanding and operationalising a wide range of regulatory requirements within the Spanish financial services sector as well as reporting to Banco de España

You have experience in the large-scale implementation and testing (UAT) of automated re