Prudential Regulatory Senior Manager

Full Time
Cardiff St, London SE18, UK
1 month ago

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

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

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 ❤️

Hear from our team about what it's like working at Monzo ✨

 

📍London, Cardiff or Remote | 💰 £87,000 - £100,000 (depending on experience) + Benefits | Hear from the team ✨ 

⭐Our Finance team

Our business continues to grow and we’re looking for a Prudential Regulatory Senior Manager to join us on a 12 month fixed term contract (caregiver leave). The role is responsible for understanding our prudential regulatory requirements, working on projects and submissions relating to these and collaborating with teams across the bank. You will be part of a highly capable and supportive team dealing with a very broad range of prudential matters

You will need to have a breadth of knowledge and experience across prudential regulation, ideally covering ICAAP and recovery and resolution planning in particular. 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 implement them.

🔑You’ll play a key role by…

  • ICAAP and stress testing: lead/drive the planning and production in line with Monzo’s requirements.
  • Recovery and Resolution Planning: you will lead/drive on the planning and implementation work in line with Monzo’s recovery and resolution requirements, including owning the delivery of our planning requirements.
  • Identifying the impact of prudential regulatory change and supporting relevant teams to assess and adapt to the challenges.
  • Liaising with teams across the bank including product, borrowing, finance and risk.

🤩We’d love to hear from you if you…

  • Have prudential regulatory experience at either a bank, a consultancy or a regulatory body and want to apply it to a fast growing new bank.
  • Have detailed knowledge/experience of the relevant regulatory requirements, and the ability to interpret what that means for the relatively unique circumstances of our bank. 
  • Ability to coordinate, participate and lead projects to produce regulatory deliverables and maintain the Bank’s set of prudential documentation and supporting materials.
  • Are interested in identifying relevant data, performing analysis and understanding the impact on our bank.
  • Are able to work independently, proactively and enjoy a dynamic and changing environment.
  • Are keen to learn about and work on areas of the regulatory regime that you may not have previously explored, particularly in the context of a new bank.  
  • Have experience building strong relationships with stakeholders at all levels within the business.
  • Have strong written and verbal communication skills

💰£87,000 - £100,000 ➕ share options.

📍This role can be based in our London or Cardiff offices, or be distributed working within the UK (with ad hoc meetings in London)

⏰We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team. 

📚£1,000 learning budget each year to use on books, training courses and conferences.

➕ Plus lots more! Read our full list of benefits.

🌈 The application journey has 3 key steps:- Phone call with recruiter- 30 mins- Initial video interview with hiring manager - 30 mins- Behavioural & technical video interview with hiring manager & stakeholder - 60 mins

Our average process takes around 3-4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on business-hiring@monzo.com

We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out.

#LI-NZ1 #LI-REMOTE

Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2023 Diversity and Inclusion Report and 2023 Gender Pay Gap Report.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.

If you have a preferred name, please use it to apply. We don't need full or birth names at application stage 😊