Head of Prudential Risk

Join Monzo as the Head of Prudential Risk, a senior finance role that will have a significant impact across multiple disciplines. You will lead the planning and production of key prudential deliverables, ensuring financial risk is managed within risk appetite. You will need a breadth of knowledge and experience in prudential regulation, with expertise in ICAAP and recovery and resolution planning. You will also have a solid understanding of non-financial risk and the ability to independently interpret regulations and manage projects. Additionally, you will lead a high-performing team and work effectively across all levels of the organization.

• Lead the planning and production of key prudential deliverables, ensuring Financial Risk is managed within risk appetite.
• Own the annual group ICAAP process and recovery plan, ensuring alignment with regulatory requirements.
• Lead a high-performing team, supporting their development and ensuring clear roles and responsibilities.
• Have strong written and verbal communication skills
• Have proven prudential regulatory experience at either a bank, a consultancy or a regulatory body and want to apply it to a fast growing new bank
• Are comfortable with understanding financial projections and analysis techniques linked to the quantification of risk
• Have a relevant professional qualification
• Have the 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
• Have experience building strong relationships with stakeholders at all levels within the business
• 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
• 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