Regulatory Affairs Manager
Regulatory Affairs Manager
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Job Description
Were on a mission to make money work for everyone.
Were waving goodbye to the complicated and confusing ways of traditional banking.
After starting as a prepaid card our product offering has grown a lot in the last 10 years in the UK. As well aspersonal and business bank accounts we offer joint accounts accounts for 16-17 year olds a free kids account and credit cards in the UK with more exciting things to come beyond. Our UK customers can also save invest andcombine their pensions with us.
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!
Were not about selling products - we want to solve problems and change lives through Monzo
London/Remote 71000 - 80000 share options Benefits Hear from the team
Our Regulatory Affairs team
Were looking for a pragmatic organised and personable individual to strengthen our Regulatory Affairs team.
The Regulatory Affairs team is the central team responsible for maintaining open and collaborative relationships with our regulators across Monzo. In the Regulatory Affairs team youll support and strengthen Monzos regulatory relationships and work closely with Executives to help shape our vision and regulatory affairs strategy as Monzo continues to grow. Youll also work closely with our contacts at the Regulators (FCA PRA PSR CMA) and support the wider Regulatory Affairs team with engagement with other relevant Regulators (CBI ECB etc) responding to information requests preparing for meetings and submitting regulatory submissions.
We are on a mission to Make Money Work for Everyone and weve grown to over 11 million customers. For Regulatory Affairs this means ensuring our regulators are kept informed managing regulatory requests and educating colleagues on the regulatory landscape.
We operate a three lines of defence model of risk management at Monzo. Youll be sitting in the second line as part of our Risk and Compliance team working in the Regulatory Affairs Team.
Youll play a key role by...
- Acting as the primary contact with our regulatory supervisory teams including managing correspondence and submission processes and keeping them informed with proactive notifications on new products and strategic initiatives.
- Preparing for and facilitating regulatory meetings reviews and requests working closely with Executives and stakeholders throughout the business to prepare and advise them on how best to meet regulatory expectations.
- Working with subject matter experts in Risk and Compliance and across the business to coordinate and prepare for regulatory visits.
- Leading the preparation submission and management of technically complex regulatory submissions.
- Communicating regulatory expectations and messages in an understandable way to a diverse range of stakeholders across Monzo.
- Being a champion of risk and compliance and building respectful and collaborative relationships with all levels of stakeholders across the business.
Wed love to hear from you if
- You have proven experience working in a:
- regulatory affairs role at a regulated financial services firm or
- working at a financial services regulator or
- in a regulated financial services environment or
- you have experience in management consulting ideally within financial services consultancy. This role may also suit you if youre looking to move from a consultancy position into a more hands-on/strategic role.
- You understand the objectives of the FCA PRA CMA and PSR and the financial services regulatory environment and can understand and communicate regulatory expectations in a pragmatic way
- You have strong written and verbal communication skills able to deliver messages succinctly and produce high quality written documents for the regulator.
- You are able to adapt quickly and work effectively in a dynamic and fast-moving setting.
- You think constructively and can apply a solutions focused mindset.
- You are able to build strong mutually respectful relationships with diverse teams and across stakeholders of varying seniority.
- You are motivated and focused on executing at pace and to a high standard.
- You are highly organised and able to coordinate multiple regulatory meetings requests and deliverables at any one time.
Whats in it for you
71000 - 80000 share options.
This role can be based remotely across the UK or 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.
1000 learning budget each year to use on books training courses and conferences.
We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup.
Plus lots more! Read our full list of benefits.
The application journey has 4 key steps
- Short phone call with a member of the hiring team
- Follow up video call with the Hiring Manager
- Final stage 2-part Role Specific and Values interview with members from the wider Risk and Controls collective
This process should take around 2-3 weeks - your schedule is really important to us so we promise to be as flexible as possible!
We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo You can read them here.
Youll hear from us throughout the application process but if youve got any questions please reach out to You can also use this email address to let us know if theres anything we can do to make the process easier for you because of disability neurodiversity or anything else.
Well 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 dont miss out.
#LI-TK1 #LI-Remote
Equal opportunities for everyone
Diversity and inclusion are a priority for us and were making sure we have lots of support for all of our people to grow at Monzo. At Monzo were 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 2024 Diversity and Inclusion Report and 2024 Gender Pay Gap Report.
Were 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 dont need full or birth names at application stage
Required Experience:
Manager
Employment Type
Full Time
