Overview
As a Credit Risk Oversight Manager, you will provide independent assurance and challenge on Monzo’s lending risk across the lifecycle. You’ll work closely with first-line teams to shape and monitor risk strategies for consumer and small business products. You’ll deliver data-driven insights to inform management decisions and help scale safe, customer-focused lending. This role offers to influence risk governance, stress-testing, and model understanding in a fast-growing lending portfolio.
Pay / Benefits
- 1,000 learning budget per year
- flexible working hours
- work-from-home setup with Macbooks provided
- remote-friendly with UK-based offices for meetings
- incentive awards tied to performance
- extensive onboarding and interview process
Responsibilities
- Oversee credit risk performance of existing lending products and develop monitoring metrics
- Partner with first-line teams to support credit strategy changes for new products and pilots
- Provide insights and challenges on credit strategies with data-driven analyses
- Lead second-line assurance on thematic reviews
- Collaborate with model validation and development teams to understand underpinning models
- Contribute credit expertise to strategic projects and Monzo-wide processes like stress-testing and forecasting
- Maintain and embed the Credit Risk Framework across the business
- Promote a balanced, proportionate approach to risk management across the organization
Key requirements
- Strong background in credit risk management in consumer or small business lending
- Analytical skills to interrogate data and identify early indicators of trends
- Hands-on experience with credit risk scorecards and NPVs for strategy development
- Proficiency in SQL; experience with data visualization tools (Looker, PowerBI, Tableau) is a plus
- Interest in applying AI tools to improve risk management processes
- Clear communication skills for non-experts and stakeholders
- Track record of stakeholder relationship-building and constructive challenge
- Passion for technology and Monzo’s mission to transform banking
- collaboration
- clear communication
- stakeholder management
- SQL
- data visualization (Looker, PowerBI, Tableau)
- credit risk scorecards
Credit Risk Oversight Manager in Cardiff employer: Monzo Bank
Monzo is an exceptional employer that prioritises innovation and collaboration, making it a fantastic place for a Remote CRM Executive to thrive. With a strong focus on employee growth, we offer a generous learning budget and flexible working hours, ensuring you can develop your skills while maintaining a healthy work-life balance. Our commitment to diversity and inclusion fosters a supportive environment where every team member can contribute to meaningful change in the financial sector.
