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

Dublin 88400 - 107640 share options BenefitsHear from the team

What were looking for:

Were searching for an ambitious and innovative leader to manage the growth and expansion of the Regulatory Reporting team within Monzo Bank Europe DAC (MBEU).

With a dual reporting line to the MBEU CFO and the Group Director of Regulatory Reporting the role includes responsibility for ensuring our horizon scanning and interpretation activities (e.g. Capital Requirements Regulation) 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 establish a high-energy dynamic team and 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

Horizon Scanning & Rule Interpretation

• Rule Interpretation: Working with the group regulatory reporting team proactively identify interpret and document regulatory rules (e.g. CRR) applicable to MBEU.

• Advisory: Partner with product teams to assess and advise on the regulatory implications of new products and expansion plans (e.g. EU branches).

• Stakeholder Management: Collaborate with Group Treasury Risk and other teams to navigate and agree upon complex or ambiguous regulations.

Data & Automation

• Data Integrity: Understand business data requirements and partner with engineers and data scientists to source accurate and efficient data for regulatory reporting.

• Automation: Lead the automation of regulatory returns including implementation maintenance and User Acceptance Testing (UAT).

Controls & Governance Framework

• Framework Ownership: Develop and maintain a robust governance and control framework that meets regulator expectations for reporting accuracy completeness and timeliness.

• Documentation: Work with the group regulatory reporting team to maintain formal associated documentation for all regulatory interpretations and reporting processes.

Production & Quality Assurance

• Reporting Oversight: Review all capital liquidity and other regulatory returns to ensure compliance with current regulations.

• Change Management: Ensure all process changes are implemented safely and quickly to maintain the integrity of production returns.

Team Leadership & Expansion

• Act as a mentor and coach to the team fostering a culture of continuous learning performance excellence and professional growth

• Ensure that regulatory reporting capacity and capability is fit for purpose as MBEU expands from Ireland into the EU through the establishment of Branches.

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 (AXIOM experience is desirable)
• You are able to propose dynamic solutions to problems 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!

Whats in it for you

88400 - 107640 share options benefits

This role will have a hybrid working model based in our Dublin office

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.

Annual Leave - 34 days including public holidays (24 holiday days 10 public holidays)

1200 learning budget each year to use on books training courses and conferences

Private healthcare scheme

Pension scheme: the minimum contribution is 4% and Monzo matches any additional contributions that you make up to a maximum of 6%

Wellbeing benefits: financial education womens and mens health support mental health benefits including coaching and counselling

The application journey has 4 key steps

• 30 min call with the Recruiter
• 30 min video call with the Hiring Manager
• 2 hours of technical and behavioural interviews
• Final call with senior leadership

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.

The role you are applying for is a Controlled Function (CF-2) within the meaning of the Central Bank Reform Act 2010. For this role appointment will be conditional on Monzo being fully satisfied that the appointee meets the requirements as set out in the Fitness and Probity Standards 2018 issued by the Central Bank of Ireland. As a CF the role holder will be subject to Conduct Standards under the Central Bank of Ireland Individual Accountability Framework and will be required to take reasonable steps to ensure that the relevant conduct standards are met.

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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