Compliance Assurance Analyst

Making sure teams at Monzo understand the compliance and conduct risks in their area through timely delivery of the Compliance Assurance Plan.
Conducting assurance reviews of key regulations, processes and controls, providing stakeholders with clear feedback to further strengthen Monzos control environment.
Providing support to Compliance Assurance Managers and the Compliance Assurance Team Manager
Challenging policies and procedures to ensure that Monzos providing fair customer outcomes and meeting regulatory requirements
Providing subject matter expertise to strengthen the Risk and Compliance function and to support Monzo in growing safely
Supporting Compliance team activities, including the compliance risk assessment, maintenance of the Compliance Assurance methodology and annual planning
Delivering clearly written reports and compliance assurance management information in a range of formats to audiences across the business. Both of these are delivered with high attention to detail.
Tracking actions stemming from compliance reviews and validating closure
Helping instil a proactive, positive culture towards regulation and legislation across the company
Creating and delivering regulatory compliance training
Exploring new ways to streamline, automate and enhance Monzos approach to compliance
Delivering continuous improvement to the function and helping to create a centre of excellence, 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, and at times that suit you and your team.
1,000 learning budget each year to use on books, training courses and conferences.
Plus lots more! Read our full list of benefits.

You have practical knowledge of conduct risk and how it impacts a retail bank.
You have experience working in the compliance or audit function within a regulated financial services environment, including experience of compliance monitoring and assurance.
You have working knowledge of the FCA Handbook (particularly BCOBS, CONC, SYSC, ICOB and DISP). You also have a great knowledge of other important rules and guidance such as the Consumer Duty and Vulnerable Customers.
You have the ability to analyse large amounts of information to draw clear, conclusions
You have working knowledge of the role of the Risk and Compliance function
You're self-motivated, highly organised and focused on executing well
You're able to work independently and at pace and with changing priorities
Youre able to build strong, mutually respectful relationships with diverse teams
You have a genuine interest in the role of compliance assurance and recognise the value of compliance being a competitive advantage in a business like Monzo
Youre excited about the future of banking and want to work with us to shape it

Cardiff, London or Remote (UK)

Were on a mission to make money work for everyone.
Were 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!
Were not about selling products - we want to solve problems and change lives through Monzo
Hear from our team about what it's like working at Monzo

London, Cardiff or Remote | 45,000 - 55,000 (depending on experience) + Benefits | Hear from the team
Our Compliance Assurance team
Were looking for a Compliance Assurance Analyst (Conduct Risk) to join our second line of defence (2LoD). Youll help to provide oversight and check and challenge to the first line of defence (1LoD), providing assurance over how Monzo manages conduct risk. At Monzo we do things differently: we truly care about providing a phenomenal experience for our customers. We believe theres a better way to do banking, and we want to be the best possible (fully compliant!) bank without getting stuck in the old ways of doing things. We operate a three lines of defence model of risk management at Monzo: youll be working in the 2LoD as part of our Risk and Compliance Collective, in the Compliance Assurance Team.
Youll play a key role by...