Senior Regulatory Compliance Manager, EU
Ireland
We’re on a mission to make money work for everyone.
We’re waving goodbye to the complicated and confusing ways of traditional banking.
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!
We’re not about selling products - we want to solve problems and change lives through Monzo ️
We are looking for an enthusiastic and experienced compliance professional to help build our 2nd Line of Defence (2LoD) conduct and compliance capabilities for Monzo in Europe. You will be at the forefront of ensuring we grow and scale in a safe and compliant manner.
The Senior Regulatory Compliance Manager will play a leading role in ensuring the business achieves and maintains compliance with its regulatory requirements and that compliance risk management is embedded across the business.
This role will report to the Director of Conduct & Compliance Risk, and collaborate daily with senior leadership to build a world-class compliance function.
Responsibilities
* Support the development of a robust compliance function across Monzo’s EU Bank, ensuring regulatory requirements are integrated into our business processes.
* Contribute to the development, review, and implementation of conduct and compliance related policies, procedures, and standards; working with 1LoD colleagues to ensure they are understood and applied consistently within the first line.
* Collaborate with marketing and product teams to ensure customer-facing content meets regulatory standards, and assess risk profiles of new products and marketing initiatives.
* Provide advice and oversight to teams 1LoD teams across a range of regulatory topics, including in relation to outsourcing and third-party risk management.
* Assist in the preparation and presentation of regular conduct and compliance reports and Management Information to senior management.
* Prepare periodic compliance risk assessments and assist in the drafting and execution of the Annual Compliance Assurance Plan.
* Contribute to the ongoing horizon scanning and regulatory change management process.
* Assist in the drafting and delivery of appropriate conduct and compliance related training and awareness initiatives across all levels of Monzo EU.
* Deputise for the Director of Conduct & Compliance Risk at internal governance forums, as needed.
* Stay up-to-date with emerging regulatory obligations relevant to Monzo EU and participate in Monzo Group compliance forums and attend industry events, as necessary.
Minimum Requirements
* You have prior experience in holding conduct and/or compliance related roles within a fintech, other financial institution or regulatory body.
* You have meaningful experience in compliance related to banking rules, regulations, and industry standards practices, including experience of working in the compliance or audit function within a regulated financial services environment.
* You’ve shown an ability to develop and manage comprehensive compliance programs that support business growth.
* You have detailed knowledge and understanding of the regulatory environment in Ireland and the EU.
* You have strong leadership, project management and communication skills, including consensus building while managing against tight deadlines.
* You can work collaboratively with various stakeholders across the Group.
* You recognise the value of world-class compliance as a competitive advantage for a business like Monzo.
* You’re passionate about financial technology and motivated by the opportunity to be at the forefront of banking transformation in Ireland and the EU.
What’s in it for you
We’re still working on our salary frameworks for the EU but we will be competitive with the market share options.
This role will be based in our Dublin office, but we're open to hybrid working.
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.
€1,000 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.
The application journey has 3 key steps
* Recruiter screening call
* Technical interview
* Behavioural interview
This process should take around 2-3 weeks - your schedule is really important to us, so we promise to be as flexible as possible!
If you have any questions, please reach out to business-hiring@monzo.com.
We’re 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 don't need full or birth names at application stage.
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