Head of Prudential Risk Cardiff, London or Remote (UK)

Overview

We’re on a mission to make money work for everyone and simplify banking for all.

Role

Head of Prudential Risk – a senior finance role that leads the planning and production of key prudential deliverables, ensuring financial risk is managed within risk appetite across Monzo.

Responsibilities

• Own the annual group ICAAP process, ensuring delivery on time and alignment with internal and external requirements.


• Own the annual review of the recovery plan, ensuring it aligns with regulatory requirements and reflects the evolving group.


• Implement the Group’s evolving resolution strategy, complying with RAF requirements including OCIR, VIR and COA.


• Support capital planning activities, risk appetite setting and lead ALCO reporting and KRI maintenance for Financial Risk.


• Understand future prudential regulatory change and work with relevant teams to assess and ada...