The opportunity
🚀 We’re on a mission to make money work for everyone.
What you'll do
Supporting the oversight of key regulatory deliverable and enhancement plans: in line with Monzo’s approach, regulatory expectations and industry best practices.
Identification and interpretation of regulatory rules, providing oversight: and challenge and ensuring these are applied correctly.
Support the production of reports and options on Monzo’s financial position: and controls framework for key risk committees and the Board, making recommendations for ensuring controls are effective and prudential regulatory compliance.
Work alongside the Group Risk team to ensure Monzo’s Group Financial Risk: Framework and Financial Projections Framework are adhered to, and that suitable controls and policies are in place.
Review financial models used for financial forecasting, capital planning and: stress testing (including the ICAAP and Recovery Plan), owned by the 1st Line of Defence, within G-Sheets and Anaplan, including running sensitivity analysis and forming insights, observations and recommendations.
Conduct discrete pieces of assurance to support the strengthening of risk and controls in Monzo.
What they're looking for
- Develop strong relationships with colleagues to support the embedding of prudential risk management activity.
- You have relevant prudential experience gained within a bank, a consultancy, or a regulatory body.
- You have a genuine desire to learn and grow , and you are excited about: building enhanced 2LoD oversight within a dynamic, fast-paced environment.
- Have in-depth knowledge/experience of the relevant regulatory requirements,: specifically in relation to capital, recovery planning and resolution, and the ability to interpret what that means for the relatively unique circumstances of our bank.
