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London, Cardiff or UK Remote | £51,000-£72,000 + Benefits |

About us:

We're here to make money work for everyone and we're doing things differently. For too long, banking has been obtuse, complex and opaque.

We want to change that and build a bank with everyone, for everyone. Our amazing community suggests features, test the app and give us constant feedback so we can build something everyone loves.

We're focused on solving problems, rather than selling financial products. We want to make the world a better place and change people's lives through Monzo.

About our Team:

We're looking for an exceptional Financial Crime Control Owner to drive forward the development of our Business Banking Fincrime capabilities. You will support the strategy to deliver improvements to the control, working closely with Product and Engineering teams to optimise Monzo's ability to detect, prevent and pursue all aspects of Financial Crime.

We need someone who really understands the Financial Crime regulatory framework and typologies and has expert knowledge in how to develop Business Banking Fincrime systems, rules and models to most effectively detect and prevent all types of Financial Crime.

You should know that we fight Financial Crime a little differently at Monzo. You'll work in a team with dedicated Financial Crime engineers, data scientists and machine learning experts, which helps us to spot, assess and prevent crime quickly. We choose not to split out different areas of crime, either. Instead we tackle all Financial Crime together as one team. That includes AML, fraud, sanctions breaches, terrorist financing, bribery and corruption and tax evasion.

You'll be responsible for:

• Providing SME knowledge of the Fincrime related to Businesses- you'll be the point person for any questions/requirements
• Improving the performance and optimisation of the control through deep knowledge of the systems and typologies.
• Defining and interpreting key measures and metrics on the performance of the control and reporting this to relevant oversight committees and Senior Execs across the business.
• Reporting risks and issues to key committees and Senior Execs across Monzo.
• Owning the end-to-end process for the control (including developing Standards documents).
• Ensuring consistency and alignment across Business and Personal customers.
• Writing detailed proposals and requirements for changes to the control.
• Working closely with Product, Data and Engineering teams to implement changes to the control.
• Management of incidents relating to the control and reporting of breaches.
• Alignment with other control owners to identify the highest priority issues or problem areas to drive forward solutions.
• Building a close relationship with our Fincrime Operations teams, ensuring sufficient communication and knowledge sharing on improvements to the control, and monitoring of performance of manual processes in Operations.
• Proactively identifying and sharing emerging threats/trends using your data and analytics skills, working across all Fincrime teams.
• Identifying the highest priority issues or problem areas and working with other members of the Fincrime Team to drive forward solutions.

You should apply if:

• You have significant experience working in Financial Crime for Business or Commercial Banking and with systems used to detect and prevent all types of Fincrime.
• Strong ability to analyse data to identify patterns and trends and draw conclusions that improve our detection capabilities.
• Have led the implementation of improvements to Fincrime systems in similar organisations.
• You are passionate about Fincrime, Monzo and putting customers first.
• You enjoy working efficiently in a fast-paced, high-volume environment and thrive when there's ambiguity.
• You're great at explaining processes and complex technical requirements to people, and have flawless written English.
• You're comfortable working with product managers, engineers, data scientists and identifying operational requirements.
• You're keen to get stuck in and make things happen, without waiting for someone else or always needing to delegate.
• You're well organised and can work under pressure to tight deadlines.
• You're comfortable working with data and using it to come up with recommendations.
• You have a track record of demonstrating your strong decision making skills and ability to work to multiple deadlines simultaneously.

The Interview Process:

Our interview process involves 4 main stages:

• Short call with a Recruiter
• Initial Technical call with two members of the FinCrime team (30 mins)
• Case Study call (45 mins)
• Panel Interview conducted via GoogleMeet (45 mins)

Our average process takes around 3 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on [email protected]

• Applications close at 6pm on 16th March

What's in it for you:

£salary range £51,000 - £72,000 DOE ➕ plus stock options & benefits

This role can be based in our London office, but we're open to 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, at times that suit you and your team.

Learning budget of £1,000 a year for, training courses and conferences ➕ And much more, see our full list of benefits here

Equal Opportunity Statement

We are actively creating an equitable environment for every Monzonaut to thrive.

Diversity and inclusion are a priority for us and we are making sure we have lots of support for all of our people to grow at Monzo. At Monzo, embracing diversity in all of its forms and 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, 2021 Diversity and Inclusion Report and 2022 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.

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