Prudential Risk Oversight Manager – 2LoD

Monzo; United States; Remote; USD 86,000 - 107,000; Full time

Job summary

Monzo is expanding its Prudential Risk team and seeking a Manager for the 2nd Line Prudential Risk Oversight to champion our motto of growing Monzo safely. You will collaborate with 1st Line Financial Risk to oversee ICAAP, Recovery Plan, and Resolution Planning, while interpreting regulatory changes and supporting model development for forecasting and stress testing.

The role requires strong regulatory knowledge, Excel/G-Sheet skills, and the ability to build cross-functional relationships

Qualifications

• Experience in prudential risk within banking, consultancy, or regulatory bodies.
• Ability to interpret capital, recovery planning and resolution requirements.

Responsibilities

• Provide second-line oversight of ICAAP, Recovery Plan, and Resolution Planning.
• Interpret regulatory changes and assess impact on models and projections.
• Review and challenge financial models used for forecasting, capital planning and stress testing.
• Support assurance reviews on risk controls and RAF barriers across the three lines of defence.
• Collaborate with 1LoD to embed prudential risk management practices.

Skills

prudential risk oversight

regulatory reporting

advanced Excel

data analysis

Tools

Excel

G-Sheets

Anaplan

Job description

Monzo is expanding its Prudential Risk team and seeking a Manager for the 2nd Line Prudential Risk Oversight to champion our motto of growing Monzo safely. You will collaborate with 1st Line Financial Risk to oversee ICAAP, Recovery Plan, and Resolution Planning, while interpreting regulatory changes and supporting model development for forecasting and stress testing.

The role requires strong regulatory knowledge, Excel/G-Sheet skills, and the ability to build cross-functional relationships