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

Madrid Spain 46800 - 56970 Incentive Awards tied to your performance benefits Hear from the team

About the role

Were searching for an ambitious innovative and data-focused individual to help establish develop and run the day-to-day activities of our Regulatory Reporting capabilities in Spain.

The role includes responsibility for ensuring our horizon scanning and interpretation activities are correctly reflected in regulatory reporting 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 work as part of a wider 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...

• Proactively identifying and interpreting the rules regulations and guidance applicable to Regulatory Reporting for the Spanish Branch and ensuring ongoing compliance in the production of returns
• Developing implementing and maintaining the processes and controls required to document and evidence Monzos Regulatory interpretations
• Ensure that the processes and controls in place to produce returns are compliant with the applicable regulations to facilitate accurate complete and timely reporting with appropriate governance.
• Working closely with our engineers and data scientists to ensure efficient accurate and timely data sourcing throughout production processes.
• Working with a range of internal and external stakeholders at a Group and Branch level including the Country Manager Spanish Business Manager Risk Data and project teams to navigate and agree on what can be complex or ambiguous regulations in order to achieve the best outcome for Monzo
• Prepare regulatory returns for Monzos Branch in Spain
• 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
• Collaborate with the Monzo EU (Ireland based) regulatory reporting team as well as the UK based Group team on transfer of best practice and assist with consolidation of Spanish Branch activity in group reporting.
• 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 within the Spanish financial services sector as well as reporting to Banco de España
• You have experience in the large-scale implementation and testing (UAT) of automated reporting solutions such as AXIOM.
• 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
• 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
• You have fluency in Spanish and English
• Monzo excites you!

Whats in it for you

A salary range of 46800 - 56970 Incentive Awards tied to your performance.

This role will have a hybrid working model based in our Madrid office 2 - 3 days a week. You may also be required to travel to some of our other locations/offices such as Barcelona and Dublin.

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 - 38 days including public holidays

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

Private healthcare scheme

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

The application journey has 4 key steps

• A short call with a Monzo recruiter
• A video-call with the Hiring Manager
• 2 hours of focus area 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.

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.

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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