Head of Prudential Risk

• Lead the planning and production of Monzo's key prudential deliverables and ensure Financial Risk continues to be managed within risk appetite across the group. • Own the annual group ICAAP process, recovery planning, and Resolution Assessment Framework requirements in a senior finance role with impact across multiple collectives and disciplines. • Apply your prudential regulatory experience to a fast-growing new bank expanding across products and into Europe. • Work remotely from anywhere in the UK or from Monzo's London or Cardiff offices, with flexible working hours.

• Have proven prudential regulatory experience at either a bank, a consultancy, or a regulatory body. • Hold a relevant professional qualification. • Have detailed knowledge and experience of the relevant regulatory requirements, with the ability to interpret what that means for the relatively unique circumstances of a new bank. • Be comfortable understanding financial projections and analysis techniques linked to the quantification of risk. • Have the ability to coordinate, participate in, and lead projects to produce regulatory deliverables and maintain prudential documentation and supporting materials. • Be interested in identifying relevant data, performing analysis, and understanding the impact on the bank. • Be able to work independently, proactively, and enjoy a dynamic and changing environment. • Be keen to learn about and work on areas of the regulatory regime 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.

• Have specific expertise covering ICAAP and recovery and resolution planning. • Bring experience with the Resolution Assessment Framework including OCIR, VIR, and COA requirements. • Have experience supporting capital planning activities, risk appetite setting, and ALCO reporting. • Bring a solid understanding of non-financial risk alongside financial risk expertise. • Have experience leading and developing a high-performing team in a prudential risk or financial risk function.

• Own the annual group ICAAP process, ensuring it is delivered on time and aligned to internal and external requirements, with appropriate assessment of individual entity risks. • Own the annual review of the recovery plan, ensuring it aligns to regulatory requirements and reflects the evolving nature of the group, with recovery options owned by business areas and fire drills undertaken. • Ensure requirements linked to the Group's evolving resolution strategy are implemented and comply with Resolution Assessment Framework requirements including OCIR, VIR, and COA. • Support capital planning activities, risk appetite setting, and lead ALCO reporting and KRI maintenance for Financial Risk. • Ensure the impact of future prudential regulatory change is understood and work with relevant teams to assess and adapt to challenges. • Support the broader financial risk team with the delivery of wider objectives. • Lead a team of high-performing colleagues, supporting their individual development needs and ensuring roles and responsibilities are clear.

We have been Monzo customers for years and have always loved their beautiful, simple app UI. We believe their product has a positive impact on millions of customers, motivating them to be more conservative with their spending and helping them save money. Monzo, as a company, has consistently grown over the past 10 years and is known for its strong company culture, generous benefits, and leadership that strives to be truly transparent and cares about its colleagues. It is a company that helps you advance your career and grow as a professional, working with great teams. If you like to join a thriving, upcoming bank and help millions of customers lead a financially sound life, Monzo gives you the opportunity to push ahead.

• Earn £121,000–£140,000 depending on experience, plus incentive awards tied to performance. • Work remotely from anywhere in the UK or from Monzo's London or Cardiff offices. • Work flexible hours that suit you and your team. • Access a £1,000 annual learning budget for books, training courses, and conferences. • Receive a full work-from-home setup including a MacBook, with extra support for fully remote workers.

Monzo is on a mission to make money work for everyone. Starting as a prepaid card, the product offering has grown over 10 years in the UK to include personal and business bank accounts, joint accounts, accounts for 16–17 year olds, free kids accounts, credit cards, savings, investments, and pension combining. The Financial Risk team ensures risk is managed within appetite across the group, delivering key prudential deliverables for a fast-growing, tech-driven bank.