[Hiring] Compliance Advisory Manager @Monzo

Role Description

We’re looking for a Compliance Advisory Manager to join our second line of defence (2LoD) who specialises in Retail and/or Business Borrowing/Lending. This role will have day-to-day responsibility for advising the Borrowing squad on compliance matters relating to our Borrowing products.

• Be the first point of contact for compliance advice for our Retail and Business customer propositions.
• Provide clear and proactive compliance advice to the Borrowing squad, especially on CONC and Consumer Duty.
• Review customer journeys and communications to help the business deliver good customer outcomes, and flagging any risks.
• Advise Marketing and Financial Promotion teams on financial promotion rules and guidance.
• Oversee regulatory breaches and incidents in relation to Borrowing activity.
• Learn about the wider Borrowing products (Homeownership) with the aim to expand support to more areas in future.

Qualifications

• Know the Consumer Duty and CONC rules inside out.
• Hands-on experience advising on Borrowing products ideally from working at a bank, insurer, or fintech.
• Great communicator and problem-solver, good at weighing risks and finding balanced solutions.
• Ability to work independently and juggle changing priorities.
• Good at building strong relationships with different teams.
• Passionate about compliance and excited about the future of banking!

Requirements

• Strong communication & collaboration skills with a ‘hands-on’ approach.
• Ensure that regulations are fully understood, our products are ‘compliant by design’ and our customers' needs are being met.

Benefits

• £59,500 to £70,000 + Incentive Awards tied to your performance + benefits.
• Flexible working hours and trust 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.
• Lots more benefits available.