Head of Prudential Risk or Remote

Overview

We’re on a mission to make money work for everyone and simplify banking for all.

Head of Prudential Risk – a senior finance role that leads the planning and production of key prudential deliverables, ensuring financial risk is managed within risk appetite across Monzo.

• Own the annual group ICAAP process, ensuring delivery on time and alignment with internal and external requirements.
• Own the annual review of the recovery plan, ensuring it aligns with regulatory requirements and reflects the evolving group.
• Implement the Group’s evolving resolution strategy, complying with RAF requirements including OCIR, VIR and COA.
• Support capital planning activities, risk appetite setting and lead ALCO reporting and KRI maintenance for Financial Risk.
• Understand future prudential regulatory change and work with relevant teams to assess and adapt.
• Support the broader financial risk team with the delivery of wider objectives.
• Lead a high‑performing team, support development needs and ensure clear roles and responsibilities.

• Proven prudential regulatory experience at a bank, consultancy or regulatory body.
• Relevant professional qualification.
• Detailed knowledge of regulatory requirements and ability to interpret them for Monzo.
• Comfortability with financial projections and risk quantification analysis techniques.
• Ability to coordinate, participate and lead projects to produce regulatory deliverables.
• Interest in exploring regulatory regime areas not previously covered, especially for a new bank.
• Experience building strong relationships with stakeholders at all levels.
• Strong written and verbal communication skills.
• Ability to work independently, proactively in a dynamic environment.

• £121,000–140,000 per annum plus incentive awards tied to performance.
• Flexible working hours and trust to work the hours you need.
• £1,000 annual learning budget for books, courses and conferences.
• Remote work set‑up support, including Macbook for all employees.
• Based in London office with options for distributed working across the UK.
• Additional benefits – read full list of benefits.

We are 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, veteran, neurodiversity or disability status. Diversity and inclusion are a priority for us, and we are committed to fostering an inclusive environment for all people to do their best work.