We’re looking for a pragmatic, collaborative and experienced Head of Prudential Risk to ensure we’re not only customer-focussed and innovative, but that all our prudential risks are identified and well managed.
At Monzo, we believe there’s a better way to do banking
We really care about providing a phenomenal experience for our customers, and we want to be the best possible bank without getting stuck in the old ways of doing things, or trying to duplicate risk management frameworks seen in other banks.
We’re at the start of our journey to serve a billion customers
We’ve made some good progress so far! We now have more than 300 staff, 750k lovely customers and a full UK banking licence.
We have a current account and overdraft, and lots more planned.
We need to carefully manage the risks we face
Like any other regulated bank, we need to make sure we’re compliant, but we want to do so whilst continuing with our agile test and learn approach to launching products.
So, we need someone to join the second line of defence team, and be in charge of overseeing credit risk, operational risk (working with other specialists in the team for financial crime, IT security and conduct risk) and financial risks (capital and liquidity).
You’ll report directly to our Chief Risk Officer and be working with teams across the whole company, including the first line lending and revenue teams.
You’ll spend your time :
You should apply if :
These aren’t essential, but we’d also love it if you :
While there’s no hard deadline for this role, we plan to follow (roughly) the following timeline :
If you are applying for this role after the end of July, that’s still OK! We’ll take this advert down as soon as we’ve found someone.
However, your interview timeline will likely shift a week or two behind those dates. Your CV could also be on a reserve’ list, depending where we are with candidates who applied first.
This is a senior role, so there will likely be several rounds of interviews including meeting one of the company founders.
We’ll make sure we keep you up to date on where you are in the process as soon as we can!