Regulatory Affairs Manager

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 ❤️

📍Ireland (Remote / Dublin) | 💰€63,000 – €72,000 + Benefits | Hear from the team

⭐Our Regulatory Affairs team

We’re looking for a pragmatic, organised and personable individual to strengthen our Regulatory Affairs team.

The Regulatory Affairs team is the central team responsible for maintaining open and collaborative relationships with our regulators across the Monzo Group. In the Regulatory Affairs team, you’ll support and strengthen Monzo’s regulatory relationships and work closely with Executives to help shape our vision and regulatory affairs strategy as Monzo continues to grow. You’ll also work closely with our contacts at the Irish and European Regulators (CBI and ECB) and support the wider Regulatory Affairs team with engagement with other relevant Regulators (PRA and FCA), responding to information requests, preparing for meetings and submitting regulatory submissions.

We are on a mission to Make Money Work for Everyone and we’ve grown to over 10 million customers. For Regulatory Affairs this means ensuring our regulators are kept informed, managing regulatory requests and educating colleagues on the regulatory landscape.

We operate a “three lines of defence” model of risk management at Monzo. You’ll be sitting in the second line as part of our Risk and Compliance team, working in the Regulatory Affairs Team.

🔑You’ll play a key role by…

• Preparing for and facilitating regulator meetings, reviews and requests. Preparation includes working closely with Executives and stakeholders throughout the business to prepare and advise them on how best to meet regulatory expectations.
• Keeping our regulators up to date with proactive notifications on products and strategic initiatives, as well as leading on regulatory communications during an incident.
• Owning the governance and tracking of regulatory deliverables, deadlines and activities ensuring stakeholders are held accountable.
• Taking responsibility for the preparation, submission and management of technically complex regulatory submissions.
• Working with subject matter experts in Risk and Compliance and across the business to coordinate and prepare for regulatory visits.
• Preparing data driven reports for the Executives that are clear, concise and informative.
• Building and enhancing our policies and procedures for engaging with regulators.
• Being a champion of risk and compliance and building respectful and collaborative relationships with all levels of stakeholders across the business.

🤩We’d love to hear from you if…

• You have proven experience in a regulatory affairs role at an Irish/European regulated financial services firm or at an Irish or European financial services regulator
• Have knowledge of CBI and/or ECB regulatory and supervisory obligations
• A deep understanding of managing relations with important external stakeholders
• Excellent written and verbal communication
• Ability to lead and manage multiple projects to short deadlines
• A critical thinker and not afraid to challenge
• Self-motivated, highly organised and focused on executing well
• Enjoys collaborating as a team and is able to work independently with changing priorities
• Have a genuine interest in the regulated financial services environment and how it is changing

🙌What’s in it for you

💰€63,000 – €72,000 ➕ share options.

📍This role can be based remotely in Ireland but will involve regular travel to the Dublin office.

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

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

🌈 The application journey has 4 key steps

• Short phone call with a member of the hiring team
• A take home task (practical written exercise)
• Follow up video call with the Hiring Manager
• Final stage 2-part Role Specific and Values interview with members from the wider Risk and Controls collective

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 you’ve got any questions, please reach out to business-hiring@monzo.com 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.

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, 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 😊