Recruiting now
| Posted: | 01/12/25 | |
| Recruiter: | Monzo | |
| Reference: | 3037816536 | |
| Type: | Permanent | |
| Salary: | Competitive | |
| Location: | City, Cardiff | |
| Description: | 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 ? London, Cardiff or Distributed from £93,500 + Benefits About our Financial Risk Team You'll be joining our Financial Risk team, dedicated to Monzo's financial safety. Our core purpose is to ensure the bank remains financially resilient as we scale, no matter the economic environment. We assess Monzo's capital, liquidity, and overall balance sheet, providing the critical, data-driven analysis that informs our capital requirements and strategic planning. As we grow our product offerings and expand into new jurisdictions, understanding our resilience to financial shocks is more important than ever, and this is where your role comes in. You will be responsible for defining, building, and maintaining the models that project the impact of severe but plausible scenarios across our entire business. Your work will directly inform our strategic planning, capital adequacy (ICAAP), and financial sustainability (Recovery Planning), ensuring Monzo remains safe and sustainable as we scale. You'll be part of a collaborative team, working with stakeholders across the bank to solve complex challenges and safeguard Monzo's future. What you'll be working on As a Senior Manager for Stress Testing, you'll initially lead the development and maintenance of the full lifecycle of our stress testing framework. This framework will be used to deliver prudential stress testing to support the production of the ICAAP, Recovery Plan and understanding the resilience of our balance sheet and risk management strategies. Your core responsibilities will include:
What's in it for you This role can be based in our London or Cardiff offices, or be 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, at times that suit you and your team. 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. Learning budget of £1,000 a year for books, training courses and conferences Plus lots more! Read our full list ofbenefits . The application journey has 4 key steps:
We'll 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 don't miss out. Equal opportunities for everyone Diversity and inclusion are a priority for us and we're making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we're 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. 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 Apply for this job indicates a required field First Name Last Name Phone Country Phone Resume/CV Enter manually Accepted file types: pdf, doc, docx, txt, rtf Enter manually Accepted file types: pdf, doc, docx, txt, rtf Select A US Person is defined as someone who:
Please confirm your UK Right to Work status. Select We legally have to verify your Right to Work in the UK before you can start working for us. We're asking for this information now so we know later what type of right to work check we need to do. Your answer to this question won't affect the outcome of your application, unless you'd need visa sponsorship but are applying to a role we can't sponsor. If you'd like to, please share your preferred pronouns (eg. they/them/theirs, she/her/hers). If you'd like to, please spell out your name how it's pronounced so we know how to say it. Identity survey Our goal at Monzo is to make money work for everyone. To do that, working at Monzo must work for everyone. We want to create an equitable, engaged and innovative workplace which gives people from all backgrounds the support they need to thrive and grow. Making Monzo work for everyone starts right at the beginning of every Monzonaut's journey: when they apply to work here. This demographic survey will help us better understand the people who apply to work at Monzo. It'll help us see how different groups progress through our hiring process, and where we need to make improvements to be more inclusive. If you choose to fill it out, all of the information you give us is:
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