Senior Audit Innovation and Enablement Lead in London

Senior Audit Innovation and Enablement Lead in London

London Full-Time 108700 - 130000 £ / year (est.) Working from home possible
Monzo Bank

At a Glance

  • Tasks: Lead innovation in Internal Audit by building AI-driven products and solutions.
  • Company: Join Monzo, a forward-thinking bank on a mission to simplify finance for everyone.
  • Benefits: Competitive salary, performance incentives, flexible working, and a £1,000 annual learning budget.
  • Other info: Flexible remote work options and a commitment to diversity and inclusion.
  • Why this job: Make a real impact by redefining assurance with cutting-edge technology and data science.
  • Qualifications: Experience in fast-paced environments, strong data science skills, and a product owner mindset.

The predicted salary is between 108700 - 130000 £ 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.

We’re looking for a Senior Audit Innovation and Enablement Lead to help reinvent Internal Audit at Monzo. You’ll have the freedom to redefine how assurance is delivered at scale, by building products that power continuous and intelligent assurance. You don’t need an audit background for this role. What we’re looking for is a technical builder who thinks like a product owner.

Our Internal Audit team is Monzo’s Third Line of Defence, and we’re here to help Monzo grow safely. We’re looking for a passionate Data and Innovation Lead, to build data and AI products that create an outsized impact for the Internal Audit function. This is a highly cross-functional role that gives you a holistic and global view of Monzo. You’ll be an individual contributor who can deliver impact through others.

If you’re excited by the prospect of building and deploying scalable AI-led products that redefine what assurance looks like, then we want to hear from you.

You’ll play a key role by:

  • Championing a product owner mindset across the Internal Audit function, that is focused on providing technology enabled, repeatable and value-driven assurance.
  • Driving a culture of innovation, and helping the Internal Audit function to translate creative concepts into practical solutions.
  • Working closely with the Head of Professional Practices, Senior Audit Transformation Lead and the audit team to identify opportunities for innovation, and define the product roadmap.
  • Helping the business audit team to design data-driven test strategies, and translate control objectives into scalable analytical tests and metrics.
  • Building, deploying and maintaining scalable AI and automation solutions, and becoming an advocate for their adoption.
  • Fostering a data-led understanding of risk through data science.
  • Establishing robust monitoring controls over the completeness and accuracy of key datasets that are ingested into data products.
  • Staying at the forefront of emerging technology trends, and collaborating with other parts of Monzo to make sure Internal Audit leverages and capitalises on broader developments.
  • Building collaborative working relationships with stakeholders outside of Internal Audit, such as the Data Discipline.
  • Training and upskilling the Internal Audit function on using data and AI solutions.

We’d love to hear from you if:

  • You have worked in fast-moving environments, and been involved with developing risk and control frameworks.
  • You have a strong technical foundation in data science and analytics engineering, and have experience working with modern technology stacks.
  • You think like a product owner, can influence without authority, have a track record of driving technology adoption.
  • You are a natural translator and collaborator, who can bridge the gap between data science and business risk.
  • You understand the risks inherent to AI and automation, and can design controls to manage these risks.

This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London). We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team.

We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup. Plus lots more!

The application journey has 4 key steps:

  • Short call with a Monzo Recruiter
  • Short Call with the Hiring Manager
  • Full loop Interviews (Role Specific Interview + Behavioural Interview)
  • Short Final Call with the Chief Internal Auditor (for successful Applicants)

This process should take around 3-4 weeks - your schedule is really important to us, so we promise to be as flexible as possible!

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.

Senior Audit Innovation and Enablement Lead in London employer: Monzo Bank

Monzo Bank is an exceptional employer that champions flexibility and inclusivity, making it an ideal workplace for those seeking a high-impact role in London. With a strong focus on employee growth, Monzo offers competitive salaries, performance-related incentives, and a collaborative culture that empowers individuals to drive strategic initiatives and tackle complex challenges. Join a team where your contributions are valued, and you can thrive in a supportive environment that embraces diversity.

Monzo Bank

Contact Details:

Monzo Bank Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Audit Innovation and Enablement Lead in London

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

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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 Monzo Bank. 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 Senior Audit Innovation and Enablement Lead in London

Data Science
Analytics Engineering
Product Ownership
AI and Automation Solutions
Risk and Control Frameworks
Stakeholder Collaboration
Innovation Management

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 Monzo Bank.

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 Monzo Bank'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 Monzo Bank

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 Monzo Bank.

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 Monzo Bank 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 Monzo Bank 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.