At a Glance
- Tasks: Lead regulatory reporting, ensuring compliance and fostering a culture of continuous improvement.
- Company: Join Monzo, a revolutionary bank changing the way money works for everyone.
- Benefits: Competitive salary, performance incentives, and a range of benefits.
- Other info: Work remotely or from our London/Cardiff offices with excellent career growth opportunities.
- Why this job: Be part of a dynamic team making a real impact in the banking industry.
- Qualifications: Experience in regulatory reporting and strong analytical skills required.
The predicted salary is between 70600 - 83000 £ per year.
We’re on a mission to make money work for everyone.
We’re waving goodbye to the complicated and confusing ways of traditional banking.
After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK.
As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond.
Our UK customers can also save, invest and combine their pensions with us.
With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!
We’re not about selling products - we want to solve problems and change lives through Monzo
London / Cardiff / UK Remote | £70,600 - £83,000 + Incentive Awards tied to your performance + Benefits
Our Regulatory Reporting team
We’re searching for an ambitious, innovative and caring professional to help inspire and develop our Regulatory Reporting team.
Reporting into the Regulatory Reporting Policy Team Senior Manager, the role is primarily responsible for ensuring our horizon scanning and interpretation activities (e. g, PRA Rulebook, EU CRR) are correctly reflected in our capital, liquidity and financial returns, and monitoring our adherence to the applicable UK and European prudential rules on an ongoing basis.
This includes identifying and defining any changes required to data and production quickly and safely.
Combining the learnings of some of the fastest growing tech companies in the world with your own unique approach, you will manage a high-energy, dynamic workstream to foster open, collaborative, and inclusive working, embrace change, and inspire continuous learning.
You will help enable Monzo to scale into a world-class, diverse and passionate group of people capable of effecting change across the globe.
You’ll play a key role by…
- Proactively identifying and interpreting the rules, regulations and guidance applicable to the Regulatory Reporting team at Monzo, and ensuring ongoing compliance in the production of returns.
- Developing, implementing, documenting and maintaining the processes and controls required to maintain Monzo’s interpretations.
- Ensure that the processes and controls in place to produce returns are compliant with the applicable regulations in order to facilitate accurate, complete and timely reporting.
- Working closely with our engineers and data scientists to ensure we source the correct data efficiency, accuracy and timelines consistently across the reporting suite.
- Working with a range of internal stakeholders, including Treasury, Risk, Data and project teams, to navigate and agree on what can be complex or ambiguous regulations in order to achieve the safest outcome for Monzo.
- Facilitate robust, appropriate governance over the identification and interpretation of the applicable regulations and the implementation of the rule in reporting outputs.
- Review all capital, liquidity and financial regulatory returns and any other returns the Regulatory Reporting team produces to ensure compliance with applicable regulations.
- Instilling a culture of continuous improvement throughout and engaging effectively with relevant stakeholders to implement changes that lead to improvement.
- Play a key role in the automation of Monzo’s regulatory reporting, specifically implementation, user acceptance testing and maintenance.
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Regulatory Reporting Manager employer: EngineersOfAI
Graphcore is an exceptional employer, offering a dynamic work environment where innovation thrives and every team member can contribute to groundbreaking advancements in AI technology. With a strong focus on employee growth, Graphcore provides ample opportunities for professional development and collaboration with industry experts, all while being part of the prestigious SoftBank Group. Located in a vibrant tech hub, employees enjoy a culture that values creativity, inclusivity, and the chance to make a significant impact in the rapidly evolving field of artificial intelligence.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like EngineersOfAI. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Regulatory Reporting Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to EngineersOfAI.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on EngineersOfAI's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at EngineersOfAI
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with EngineersOfAI.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at EngineersOfAI will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former EngineersOfAI employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
