Monzo

Financial Services

SeniorFinancialRiskManager

€92–112k Dublin, Ireland Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Senior Financial Risk Manager at Monzo. Skills: Financial Risk, IRRBB, Capital Adequacy, Liquidity Risk. Drive Financials Risk Functions objectives. Provide technical leadership”

Industry & Context.

Financial Services
Problems you'll solve

Analytical skills; Problem-solving skills

Eligibility Requirements

Controlled Function (CF-2)

What They're Looking For.

Must Have

CF-2 Controlled Function, Fitness and Probity Standards compliance, Individual Accountability Framework compliance

Nice to Have

IRRBB modelling expertise, Capital adequacy expertise, Liquidity risk expertise, ALM expertise, Model validation experience, Quantitative analysis experience, Risk methodology development experience, Deep understanding of prudential regulation, Experience with Treasury teams, Experience with Finance teams, Experience with Risk teams

What You'll Do.

Drive Financials Risk Functions objectives

Provide technical leadership

Ensure alignment with regulatory expectations

Provide independent technical challenge

Oversee model governance

Support IRRBB measurement methodologies enhancement

Support capital adequacy assessments

Support risk quantification methodologies

Support scenario design

Support stress testing frameworks

Support risk appetite calibration

Design stress testing scenarios

Review stress testing scenarios

Assess capital planning

Ensure ICAAP documentation meets standards

Support interactions with regulators

Assess liquidity risk

Assess balance sheet management

Assess funding strategies

Assess wholesale credit exposures

Assess assumptions underpinning liquidity stress testing

Assess contingency funding plans

Provide oversight of ALM practices

Support review of Recovery Plan

Support review of Solvent Wind Down

Ensure ICAAP reporting

Ensure ILAAP reporting

Ensure pillar 3 disclosures

Ensure recovery plan reporting

Ensure data integrity

Ensure auditability of risk outputs

Identify emerging risks

Escalate material issues

Act as technical advisor

Provide credible challenge

Provide constructive challenge

Support embedding of robust practices

Contribute technical expertise to initiatives

Support preparation of materials for ALCO

Support preparation of materials for Executive Committees

Support preparation of materials for Board Risk Committees

Present technical analysis

Present technical insights

Support escalation of key financial risk issues

Support documentation of key financial risk issues

Ensure alignment with CBI regulations

Ensure alignment with EBA regulations

Ensure alignment with prudential regulations

Ensure alignment with internal frameworks

Ensure alignment with internal policies

Support adherence to fitness & Probity standards

Support adherence to IAF Conduct Standards

Maintain high standards of documentation

Maintain high standards of controls

Maintain high standards of audit readiness

How You'll Work.

Team & Collaboration

Business Partnering; Expert Challenge; Cross-functional teams

Communication Scope

Communicate complex concepts

Full Job 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. After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal 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 and combine 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! We’re not about selling products - we want to solve problems and change lives through Monzo ❤️ 📍Dublin, Ireland | 💰 €92,000 - €112,000, Incentive Awards tied to your performance ➕benefits | Hear from the team ✨ ⭐Our Risk team This role sits within our 2nd line of defence risk management team. Acting as a senior technical specialist within the Financial Risk function, it will involve supporting the Director in delivering robust oversight across several financial risk disciplines. The role has a strong focus on IRRBB, capital adequacy and stress testing (ICAAP), and liquidity and balance sheet risk (ALM), ensuring that frameworks, models, and methodologies are fit-for-purpose, compliant, and aligned with regulatory expectations. The role you are applying for is a Controlled Function (CF-2) within the meaning of the Central Bank Reform Act, 2010. For this role, appointment will be conditional on Monzo being fully satisfied that the appointee meets the requirements as set out in the Fitness and Probity Standards issued by the Central Bank of Ireland. As a CF, the role holder will be subject to Conduct Standards under the Central Bank of Ireland Individual Accountability Framework (IAF) and will be required to take reasonable steps to ensure that the relevant c

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