Job Description
This role is responsible for understanding our prudential regulatory requirements and will have a primary focus on leading our Internal Capital Adequacy Assessment Process (ICAAP) and enhancing our prudential analysis capabilities. You will collaborate with teams across the bank to ensure Monzo is protected from financial stress and manages its capital resources effectively. You will need deep expertise and a breadth of knowledge in prudential regulation. Your core strength will be in capital adequacy assessment, evidenced by a strong, specialist knowledge of the ICAAP and its associated prudential deliverables.
You will have the proven ability to lead the production of these deliverables, independently interpret a range of regulations, determine their impact on the bank, and manage implementation projects. Experience with recovery and resolution planning and reverse stress testing (RST) is beneficial, but the primary focus is on capital. As part of Monzo's Financial Risk team, you'll be central to the decisions around the allocation of capital, which is key to Monzo achieving its strategy.
About Monzo
Weβre on a mission to make money work for everyone, waving goodbye to the complicated and confusing ways of traditional banking.