Regulatory Reporting Manager

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

Hear from our UK team about what its like working at Monzo

London/Cardiff/UK Remote 71000 - 85000 Benefits Hear from the team

Our Regulatory Reporting team

Were searching for an ambitious innovative and caring Regulatory Reporting Manager to help inspire and develop our Regulatory Reporting team. The team is responsible for understanding our prudential regulatory reporting requirements working on projects and submissions relating to these and collaborating with teams across Monzo

Reporting into the Regulatory Reporting Policy Team Senior Manager the role is primarily responsible for ensuring our horizon scanning and interpretation activities (e.g PRA Rulebook UK CRR) are correctly reflected in our capital liquidity and financial returns and monitoring our adherence to the applicable rules on an ongoing basis. This includes identifying and defining any changes required to data and production quickly and safely.

Combining the learnings of some of the fastest growing tech companies in the world with your own unique approach you will manage a high-energy dynamic workstream to foster open collaborative and inclusive working embrace change and inspire continuous learning. You will help enable Monzo to scale into a world-class diverse and passionate group of people capable of effecting change across the globe.

Youll play a key role by...

• Proactively identifying and interpreting the rules regulations and guidance applicable to the Regulatory Reporting team at Monzo and ensuring ongoing compliance in the production of returns
• Developing implementing and maintaining the processes and controls required to maintain Monzos interpretations especially including the associated documentation
• Ensure that the processes and controls in place to produce returns are compliant with the applicable regulations to facilitate accurate complete and timely reporting
• Working closely with our engineers and data scientists to ensure we source the correct data efficiency accuracy and timelines consistently across production
• Working with a range of internal stakeholders including Treasury Risk Data and project teams to navigate and agree on what can be complex or ambiguous regulations in order to achieve the safest outcome for Monzo
• Facilitate robust appropriate governance over the identification and interpretation of the applicable regulations and the implementation of the rule in production
• Review all capital liquidity and financial regulatory returns and any other returns the Regulatory Reporting team produces to ensure compliance with the regulations
• Instilling a culture of continuous improvement throughout and engaging effectively with relevant stakeholders to implement changes that lead to improvement
• Play a key role in the automation of Monzos regulatory reporting specifically implementation user acceptance testing (UAT) and maintenance
• Ensuring that changes to processes that support regulatory reporting are implemented quickly and safely
• Developing implementing and maintaining the governance and control framework required for regulatory reporting and expected by our Regulators
• Working with the rest of Monzo to help them understand regulatory implications of new products and services
• Contribute towards our ambitious expansion plans including supporting the rest of Monzo and ensuring that the Regulatory Reporting team is always an enabler

Wed love to hear from you if

• You have experience understanding and operationalising a wide range of regulatory requirements and the associated reporting
• You have experience in the large-scale implementation and testing (UAT) of automated reporting solutions
• You are able to identify areas for improvement propose dynamic solutions and implement these changes quickly and safely
• You have excellent planning organisation and time-management skills and are able to manage people on this basis
• You can demonstrate a proven track record of excellent team leadership and coaching skills with the ability to provide empathy and guidance
• Youre excited to leverage technology to automate reporting and capital management with a track record of continuous process improvement
• You have a great eye for detail and are numerically astute
• Are self-motivated hands-on and take satisfaction in supporting colleagues projects or tasks however big or small
• Monzo excites you!

Not ticking every box Thats totally okay! Studies show that women and people of colour might hesitate to apply unless they meet every single requirement. At Monzo were dedicated to creating a diverse and welcoming team. If youre passionate about this role and keen to learn and grow with us we encourage you to apply even if you dont have everything thats listed just yet. Drop us your application wed love to hear from you!

Whats in it for you

• 71000 - 85000 salary range share options.
• This role can be based in our London office but were open to distributed working within the UK (with ad hoc meetings 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

• Recruiter Screening Call
• 30 Minute Initial Interview with the Hiring Manager
• 60 Minute Role Specific Interview
• 45 Minute Behavioural Interview

This process should take around 3-4 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.

For more insight into the hiring experience at Monzo check out our blog post.

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.

If youre successful in applying for this role well work with you to find a start some cases there might be a delay in when you can be released from your current role so that we can make sure things continue to run smoothly. Well be sure to communicate this with you and keep you updated.

#LI-REMOTE #LI-TP2

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