Director of Financial Risk at Monzo

Monzo is seeking a Director of Financial Risk to lead the development, implementation, and oversight of the bank's financial risk frameworks in Europe. The Director will provide second-line oversight of financial risk policies, models, and including capital adequacy, funding, liquidity, and non-traded market risk.

The role involves:

• Developing and implementing the financial risk framework.
• Defining the financial risk appetite.
• Overseeing the review and validation of financial risk models.
• Ensuring compliance of financial regulatory submissions.
• Supporting financial planning and forecasting.
• Overseeing regulatory reporting.
• Reviewing treasury activities.

Monzo requires candidates to have:

• Extensive experience in financial risk management within a banking environment and in a leadership role.
• Strong knowledge of counterparty credit risk, financial risk management, prudential regulation, and regulatory requirements.
• Excellent analytical, leadership, and communication skills.
• Proficiency in economic capital, financial modelling, stress testing, and counterparty credit risk measurement tools.
• Passion for financial technology.

Monzo offers:

• A competitive salary.
• Share options.
• Flexible working hours.
• 34 days of annual leave including public holidays.
• A healthcare allowance.
• Personal Retirement Savings Account with up to 6% matching.