At a Glance
- Tasks: Lead the transformation of Internal Audit, driving innovation and collaboration across teams.
- 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: Embrace diversity in an inclusive environment where your ideas can thrive.
- Why this job: Make a real impact by redefining assurance with technology and product design principles.
- Qualifications: Experience in agile transformations and ability to influence stakeholders without direct authority.
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 Transformation Lead to help reinvent Internal Audit at Monzo. You’ll have the freedom to redefine how assurance is delivered at scale, by being at the heart of Internal Audit’s transformation agenda. You don’t need an audit background for this role. What we’re looking for is a natural collaborator, who can bridge different stakeholder groups to turn ambitious ideas into reality.
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 Senior Audit Transformation Lead, to help us 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 sits at the intersection of assurance, data and product design to drive transformation. If you’re excited by the prospect of embracing technology and product design principles to redefine what assurance looks like, then we want to hear from you.
You’ll play a key role by:
- Translating Internal Audit’s strategy into a concrete product roadmap with measurable business and risk outcomes.
- Championing a product owner mindset across the Internal Audit function, that is focused on providing technology enabled, repeatable and value-driven assurance.
- Working closely with the Senior Audit Innovation and Enablement Lead, Head of Professional Practices and the audit team to identify opportunities for innovation.
- Modernising the Internal Audit function by embedding technology into what we do, and how we do things.
- Coaching the Internal Audit function to adopt new technologies and ways of working.
- Building collaborative working relationships with stakeholders outside of Internal Audit, such as Risk and Compliance.
- Driving communications and engagement across Monzo, to maximise the value of Internal Audit products and insights.
- Influencing and shaping cross-Collective initiatives that have an impact on the Internal Audit function.
- Positioning Monzo as a leading benchmark for technology led assurance, by building strategic partnerships with regulatory bodies, industry forums and academia.
We’d love to hear from you if:
- You are energised by the idea of translating abstract frameworks and design principles, into concrete outcomes.
- You can influence senior stakeholders and technical leads without direct line management authority.
- You can communicate data or engineering concepts to non-technical audiences, and also translate business requirements into technical specifications.
- You think like a product owner, and have a track record of leading agile, digital or operational transformations in a fast moving environment.
- You can manage product roadmaps and drive end-user adoption.
- You have worked in fast-moving environments with developing risk and control frameworks.
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.
1,000 learning budget each year to use on books, training courses and conferences. 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 (60 minutes) + Behavioural (45 mins)
- Final Leadership 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 Transformation 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.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Audit Transformation Lead in London
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We think you need these skills to ace Senior Audit Transformation Lead in London
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.
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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.
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✨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.