Avatar for Monzo Bank
Monzo Bank
Actively Hiring
Get paid a day early with easy banking through Monzo
  • Scale Stage
    Rapidly increasing operations
  • Top Investors
    This company has received a significant amount of investment from top investors
  • YC Funded
    Startup funded by Y Combinator
  • +1

Third Party Risk Manager

Posted: 4 weeks ago
Visa Sponsorship

Not Available

RelocationAllowed

About the job

🚀 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 ❤️

Hear from our team about what it's like working at Monzo


📍London or Remote (UK) | 💰salary will be dependant on experience + Benefits |

Our Third Party Risk Management - Supplier Operations team

We are a tech-focussed bank with bold ambitions, and we believe in making strong internal and external relationships.To effectively manage and build relationships across the Monzo Group and with external suppliers, the Third Party Risk Management team take charge of making sure we have well defined controls, processes and governance models in place to meet the continually growing and evolving demands of global Third Party Risk Management regulations.

We are a small, high-performing, high-energy team and we are here to deliver Third Party Risk Management in a pragmatic way that benefits Monzo and our customers. Whilst there are many defined and diverse programs of work that we are focussed on, our team’s scope is expanding as Monzo expands into the EU - giving you the opportunity to gain unique insights into Monzo operations at every level.

Reporting to the Head of Third Party Risk, you will become a part of Monzo's community, where your drive for innovation and your deep experience of all things Risk and Control will meet our commitment to revolutionising fintech. As a member of our team, you'll actively contribute to shaping our future, leaving a lasting mark on how we evolve.

🔑 You’ll play a key role by…

  • Bringing your unique Risk and Control expertise gained in global organisations, to advance Monzo’s strategic goals and support our growth
  • Proactively delivering impactful and effective Third Party Risk Management
  • Designing, implementing and managing operational processes to enhance how Monzo manages Third Party Risk
  • Having a pivotal role in developing sustainable ways to meet our regulatory requirements in a high-growth, technology-driven environment
  • Striving to achieve high standards and instil established best practices in risk management
  • Taking a collaborative and partnered approach to achieving business objectives with internal teams and external suppliers
  • Having the ability to be both tactical and strategic when developing and delivering Third Party risk management solutions at Monzo

🤩 We’d love to hear from you if…

  • You have experience in delivering third party risk management in a matrix environment
  • You have a proven ability to implement sustainable uplift in risk processes
  • You have a comprehensive understanding of outsourcing regulations, ideally obtained in banking or financial services
  • You are proficient in developing strategies to ensure effective risk management of third-parties throughout their lifecycle
  • You have a deep knowledge of, and ability to interpret risk regulations and standards across different jurisdictions
  • You are well versed in Cyber, Information Security and Data risk management
  • You have a good working knowledge of Third Party risk management tools/systems
  • You are delivery focussed with a genuine appetite to develop sustainable solutions in an innovative way

🌈 The application journey has 3 key steps

  • 30 minute Recruiter call
  • 30 minute Initial call with the Hiring Manager
  • 2 hours of technical and behavioural interviews

This process should take around 2-3 weeks - your schedule is really important to us, so we promise to be as flexible as possible!

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here.

You’ll hear from us throughout the application process, but if do have any specific questions please contact us on [email protected]. You can also use this email address to let us know if there’s anything we can do to make the process easier for you because of disability, neurodiversity or anything else.

🙌 What’s in it for you

💰 Competitive base salary dependent on experience + benefits and share options

📍 This role can be Hybrid based in our London office, but we're open to discussing distributed working within the UK

⏰ 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 distributed workers we will provide extra support for your work-from-home setup.

➕ Plus lots more! Read our full list of benefits.

#LI-Remote #LI-OS1


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, 2023 Diversity and Inclusion Report and 2023 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 😊

About the company

Monzo Bank company logo

Monzo Bank

Actively Hiring
Get paid a day early with easy banking through Monzo1001-5000 Employees
  • Scale Stage
    Rapidly increasing operations
  • Top Investors
    This company has received a significant amount of investment from top investors
  • YC Funded
    Startup funded by Y Combinator
  • Valuation $1B+
    This company has a valuation of $1B or more
Learn more about Monzo Bank image

Funding

AMOUNT RAISED
$424.3M
FUNDED OVER
10 rounds
Rounds
F
$145,000,000
Series F - Jul 2019+9

Perks

Health & Wellbeing
Paid sick leave for both physical & mental health. Health insurance through Vitality or BUPA, with additional insurance through Medicash. We also offer a discounted subscription to Headspace.
Pension
We’ll automatically enroll you into our pension scheme. We offer a 4% employer contribution (Monzo pays you 100% of your salary, then 4% extra into pension).You’ll need to pay 4% too, and you can opt to pay more for the tax benefits!
Family
52 weeks of primary caregiver leave (13 weeks at 100% pay, 13 weeks at 50% pay, 13 weeks at Statutory Maternity Pay) if you have been with us for at least 13 weeks. 6 weeks of secondary caregiver leave at 100% pay.
Remote friendly
If you’re employed as a distributed worker, we’ll pay for any equipment you need to do your job. If you’re normally office-based, you can still work from home occasionally, and everyone works from home every other Friday.
Generous vacation
24 days of vacation a year, not including bank holidays. Or, you can opt out of bank holidays and take 32 days’ holiday whenever you like. We also offer an extra month's unpaid leave each year.
Snacks
Fresh fruit in the office (biscuits, quality coffee, tea and soft drinks too)
Company meals
Lunch on Monzo twice a week if you’re office-based
Commuter benefits
We’re a member of the cycle-to-work scheme. We also offer season ticket loans with Commuter Club (we pay the interest)
Learning
Learning budget of £1,000 a year for books, training courses and conferences, plus regular knowledge-sharing sessions with your squad, collective and discipline
Company events
Regular company-wide socials, like sports day and a Holiday party, plus smaller team lunches, dinners, breakfasts & other social get-togethers. Interest based clubs like netball, choir, yoga. You can make your own, too!
Compensation Reviews
Managers review salary every 6 months, and Monzo provides proactive pay increases to reflect growing responsibilities.
Flexible working hours
We trust you to work enough hours to do your job well, at times that suit you and your team. If you’re in customer operations, you’ll have set shifts.

Founders

Jonas Huckestein
Founder • 3 years
London
image
Paul Rippon
Founder • 3 years
image
Tom Blomfield
Founder • 3 years
image
View the team image

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