[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.

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

Qualifications

• You know the Consumer Duty and CONC rules inside out.
• You've got hands-on experience advising on Borrowing products ideally from working at a bank, insurer, or fintech.
• You like to be where the action is and thrive in fast paced environments.
• You're a great communicator and problem-solver, good at weighing risks and finding balanced solutions.
• You can work independently and juggle changing priorities.
• You're good at building strong relationships with different teams.
• You're 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 and our products are ‘compliant by design’.
• Meet our customers' needs effectively.

Benefits

• £59,500 to £70,000 ➕ benefits.
• This role can be based in our London or Cardiff offices, but we're open to distributed working within the UK (with ad hoc meetings in London).
• 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.
• Plus lots more!

Company 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. Our product offering has grown a lot in the last 10 years in the UK, including personal and business bank accounts, joint accounts, accounts for 16-17 year olds, a free kids account, and credit cards. Our UK customers can also save, invest, and combine their pensions with us.