Enterprise Risk Manager

Monzo; Ireland; On-site; EUR 68,000 - 83,000; Full time

Benefits offered by this job

€68,000 - €83,000 base salary

34 days annual leave

Private healthcare scheme

Learning budget of €1,200 annually

Job summary

Monzo is on the lookout for an experienced Enterprise Risk Manager to join their Dublin team. This role is vital for ensuring effective enterprise risk management processes, enabling innovation while maintaining strong risk discipline.

The successful candidate will coordinate the Risk Appetite Framework across the EU and support a strong enterprise risk culture throughout the organization. Monzo offers a hybrid working model and a flexible work environment.

Qualifications

• Proven track record working in risk management roles within financial services.
• Proficiency in Risk Frameworks and Risk Assessments.
• Strong knowledge of risk regulatory requirements in Europe.

Responsibilities

• Coordinate and maintain Risk Appetite Framework across EU.
• Lead the enterprise risk identification and materiality assessment process.
• Deliver comprehensive risk reports to the Board and Executive Committees.

Skills

Enterprise Risk Management

Analytical skills

Communication skills

Relationship management

Digital banking knowledge

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 | €68,000 - €83,000, Incentive Awards tied to your performance + benefits | Hear from the team

Our Risk Team

Monzo Europe is an Irish‑based subsidiary and the home for Monzo’s expansion across the European Union. Newly authorised and scaling across Europe, we’re building a bank that feels radically different: simple, transparent and genuinely customer‑obsessed, and we’re looking for an experienced Enterprise Risk Manager to help us grow safely and sustainably.

Role

Enterprise Risk is at the centre of our risk governance, and this is a rare opportunity to work closely with teams across the business to develop and maintain enterprise risk management processes, standards and governance that are robust, pragmatic and enable innovation – balancing strong risk discipline with Monzo’s fast‑moving, collaborative culture. The role is a controlled function (CF‑2) within the Central Bank Reform Act, 2010, subject to fitness and probity standards issued by the Central Bank of Ireland. The holder will be required to ensure that the relevant conduct standards are met.

Responsibilities

• Work closely with first‑line teams to ensure that enterprise risk management activities are effectively embedded across the organisation.
• Coordinate and maintain our Risk Appetite Framework and Statement across EU, ensuring it reflects our Attitude to Risk across all material risks.
• Lead the enterprise risk identification and materiality assessment process refresh, covering all material risks inherent to Monzo.
• Execute the risk horizon scanning and emerging risk assessment process, coordinating detailed impact analyses across business lines to proactively identify and mitigate future risks.
• Support and promote a strong enterprise risk culture across the organisation by embedding risk awareness at all levels of the bank and delivering comprehensive training and awareness programmes.
• Maintain the EU Risk Taxonomy and risk register, ensuring accurate classification and management of risks and controls.
• Maintain the impact matrix, ensuring it accurately reflects the potential impact of identified risks.
• Deliver comprehensive risk reports to the Board and Executive Committees.
• Support executive governance committees through effective coordination, administration and continuous improvement of governance processes.
• Provide committee secretariat support to ensure seamless escalation and regulatory compliance across the EU entity.
• Embed Enterprise Frameworks, Policies and Standards in Europe, ensuring they are effectively implemented and take account of Monzo Group activities.

Qualifications

• Proven track record working in risk management roles within financial services in heavily regulated environments.
• Proficiency in Enterprise Risk Management tools and processes (Risk Frameworks, Risk Governance, Risk Assessments, Risk Appetite, Risk Reporting, etc.).
• Strong knowledge of risk regulatory requirements from multiple European bodies, including the CBI, EBA, ECB/SSM and Basel frameworks.
• Strong knowledge of digital banking products, operations and associated risks.
• Excellent analytical, relationship management and communication skills.
• Excellent verbal and written communication skills, with the ability to influence and engage senior stakeholders.
• Thrives in a fast‑paced environment, handling complexity with ease and communicating effectively.
• Passion for financial technology and motivated by the opportunity to be at the forefront of banking transformation in Ireland and across the EU.

Benefits

Base salary €68,000 - €83,000 with incentive awards tied to your performance.

Hybrid working model based in Dublin, 3 days a week.

Flexible working hours. Trust to work enough hours to do the job well and at times that suit you and your team.

Annual leave: 34 days including public holidays (24 holiday days + 10 public holidays).

Learning budget: €1,200 per year for books, training courses and conferences.

Private healthcare scheme.

Pension scheme: minimum contribution 4 % and Monzo matches any additional contributions up to a maximum of 6 %.

Wellbeing benefits: financial education, women's and men's health support, mental health benefits including coaching and counselling.

Equal opportunities for everyone

We are 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, veteran, neurodiversity or disability status.

We have drafted a 2026 Diversity and Inclusion Report and a 2025 Gender Pay Gap Report that are available for reading.

If you have a preferred name, please use it to apply. We do not need full or birth names at the application stage.