At a Glance
- Tasks: Deliver assurance reviews and provide actionable feedback to enhance compliance and customer outcomes.
- Company: Join Monzo, a forward-thinking bank prioritising compliance and customer experience.
- Benefits: Competitive salary, performance incentives, and opportunities for remote work.
- Other info: Dynamic role with a focus on collaboration, training, and continuous improvement.
- Why this job: Shape the future of banking while ensuring compliance and driving sustainable growth.
- Qualifications: Experience in compliance or audit within financial services and strong analytical skills.
The predicted salary is between 44600 - 56450 £ per year.
Location: Cardiff, London or Remote (UK)
Salary: £44,600 - £56,450 + Incentive Awards tied to your performance
Our Compliance Assurance team is looking for a Compliance Assurance Analyst to join our second line of defence (2LoD). You’ll help provide oversight, challenge and assurance across Monzo, ensuring we manage conduct and compliance risks effectively while continuing to deliver a phenomenal customer experience. As part of our Risk and Compliance Collective, you’ll play an important role in helping Monzo grow safely, responsibly and in line with regulatory expectations.
Key Responsibilities
- Delivering assurance reviews across key regulations, processes and controls, helping teams understand and manage compliance and conduct risks.
- Providing clear, actionable feedback that strengthens Monzo’s control environment and supports fair customer outcomes.
- Supporting the delivery of the Compliance Assurance Plan through effective oversight and challenge of first line activities.
- Producing high-quality reports, management information and recommendations for stakeholders across the business.
- Tracking and validating remediation actions arising from assurance reviews to ensure effective resolution.
- Supporting compliance risk assessments, assurance planning and the continuous development of assurance methodologies.
- Helping build a positive culture around regulation, compliance and continuous improvement through training, collaboration and innovation.
Qualifications
- You have experience working within compliance, assurance or audit in a regulated financial services environment.
- You have a good understanding of FCA regulations and guidance, including areas such as Consumer Duty, Vulnerable Customers and key conduct requirements.
- You can analyse complex information and translate findings into clear, practical recommendations.
- You understand the role of risk and compliance functions and how they support strong customer and business outcomes.
- You’re organised, proactive and comfortable managing competing priorities in a fast-paced environment.
- You build strong relationships with a wide range of stakeholders and communicate effectively at all levels.
- You’re excited by the opportunity to shape the future of banking and see compliance as a key enabler of sustainable growth.
Compliance Assurance Analyst employer: EngineersOfAI
Monzo is an exceptional employer that fosters a dynamic and inclusive work culture, where employees are empowered to make a real impact in the financial services sector. With opportunities for professional growth and development, particularly in compliance and risk management, team members can thrive in a supportive environment that values innovation and collaboration. Whether based in Cardiff, London, or working remotely, employees enjoy competitive salaries, performance-based incentives, and the chance to contribute to a company dedicated to delivering outstanding customer experiences while adhering to regulatory standards.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Assurance Analyst
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like EngineersOfAI looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Assurance Analyst
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at EngineersOfAI. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at EngineersOfAI
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with EngineersOfAI’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
