Financial Crime, Business Banking Lead New Cardiff, London or Remote (UK)

We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking.

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 brilliant Financial Crime Business Banking Subject Matter Expert to drive forward our strategy for Monzo’s Business Bank. You’ll be the FinCrime lead in a cross-functional team that builds and iterates controls to maximise financial crime prevention while delivering best in class customer experience. This is an Individual Contributor (IC) role, meaning you won\’t have any people management responsibilities (at least for now), instead you\’ll be leading through your expertise and be the \’go-to\’ person in this space

We need someone who really understands the Financial Crime regulatory framework and typologies for Business Banking, and has expert knowledge in how to develop controls to ensure Monzo remains compliant and can most effectively detect and prevent all types of Financial Crime. You’ll be an exceptional stakeholder manager, bringing others along on a journey to deliver huge impact.

You should know that we fight Financial Crime a little differently at Monzo. You’ll work in a team with dedicated Financial Crime engineers, data scientists and machine learning experts, which helps us to spot, assess and prevent crime quickly. We choose not to split out different areas of crime, either. Instead we tackle all Financial Crime together as one team. That includes AML, fraud, sanctions breaches, terrorist financing, bribery and corruption and tax evasion.

• Owning the strategy for development of financial crime preventing systems for Monzo’s Business Bank
• Leading a team of specialist Fincrime risk owners to implement our fincrime strategy across the Business Bank as it develops new products and expands to new markets
• Developing strategic relationships with Fincrime and Fraud experts, Business product owners and Senior Execs to provide expert Fincrime knowledge and help define business requirements
• Suggesting, developing, implementing and monitoring industry leading fincrime detection capabilities alongside data scientists, machine learning experts, product management and engineers across multiple teams
• Providing expert knowledge to support the development of Fincrime systems to effectively manage Business Banking risks in multiple jurisdictions
• Building a close relationship with our Fincrime operations teams, ensuring sufficient communication and knowledge sharing on risks
• Defining and interpreting key measures and metrics on the performance of key systems and reporting this to relevant committees on an ongoing basis
• Identifying the highest priority issues or problem areas and working with other members of the Fincrime Team to drive forward solutions.
• You have significant knowledge of how to manage Financial Crime risks in a mix of Business, Commercial and Corporate banks
• You have been involved in the implementation of policies and procedures for Business-specific products and features
• You have worked with mature Fincrime systems to effectively manage risks across different products in different locations
• You’ve got experience working closely with product managers, engineers, data scientists and identifying operational requirements
• You have experience of leading a wide range of Fincrime professionals and technical experts
• You are passionate about Fincrime, Monzo and putting customers first
• You enjoy working efficiently in a fast-paced, high-volume environment and thrive when there’s ambiguity
• You\’re great at explaining processes and complex technical requirements to people, and have flawless written English
• You’re keen to get stuck in and make things happen, without waiting for someone else or always needing to delegate
• You’re comfortable working with data and using it to come up with recommendations

What’s in it for you

This role can be distributed within the UK, with occasional travel required to the London office.

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.

The application journey has 3 key steps

• Intro call with a member of the hiring team
• Initial call with the hiring manager
• 2-part Technical and Stakeholder interview with members from the wider team

This process should take around 2-3 weeks – your schedule is really important to us, so we promise to be as flexible as possible!

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo You can read them here.

You’ll hear from us throughout the application process, but if you’ve got any questions, please reach out to You can also use this email address to let us know if there’s anything we can do to make the process easier for you because of disability, neurodiversity or anything else.

We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out.

#LI-MY1l #LI-REMOTE

Equal opportunities for everyone

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. You can read more in our blog , 2024 Diversity and Inclusion Report and 2024 Gender Pay Gap Report.

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.

If you have a preferred name, please use it to apply. We don\’t need full or birth names at application stage

Apply for this job

*

indicates a required field

First Name *

Last Name *

Email *

Phone *

Resume/CV *

Enter manually

Accepted file types: pdf, doc, docx, txt, rtf

Select…

A US Person is defined as someone who:

• was born in the United States (US)
• has at least 1 parent who was born in the US
• is a naturalised citizen of the US
• is a green card holder
• is a US tax resident

Keeping your data safe is really important to us. * Select…

Please confirm your UK Right to Work status. * Select…

We legally have to verify your Right to Work in the UK before you can start working for us. We\’re asking for this information now so we know later what type of right to work check we need to do. Your answer to this question won\’t affect the outcome of your application, unless you\’d need visa sponsorship but are applying to a role we can\’t sponsor.

If you’d like to, please share your preferred pronouns (eg. they/them/theirs, she/her/hers).

If you\’d like to, please spell out your name how it\’s pronounced so we know how to say it.

Identity survey

Our goal at Monzo is to make money work for everyone. To do that, working at Monzo must work for everyone. We want to create an equitable, engaged and innovative workplace which gives people from all backgrounds the support they need to thrive and grow.

Making Monzo work for everyone starts right at the beginning of every Monzonaut\’s journey: when they apply to work here. This demographic survey will help us better understand the people who apply to work at Monzo. It\’ll help us see how different groups progress through our hiring process, and where we need to make improvements to be more inclusive. If you choose to fill it out, all of the information you give us is:

• Voluntary . And we\’ve included a \”prefer not to say\” option for every question. It\’d be helpful if you still fill out the survey even if you choose \”prefer not to say\” for every question, as it\’s useful for us to understand & record this. We won\’t know if you choose to fill this survey in or not.
• Anonymous to Monzo . We can\’t tie your responses to you and they won\’t make a difference to the outcome of your application. We\’ll only use grouped responses for equal opportunities monitoring in our hiring process.

By filling out this survey, you agree that we can use your responses for the purposes we\’ve mentioned above. You are not letting us know if we need to make any adjustments to the hiring process because of disability or neurodiversity – to do this please email us.

How would you describe your gender identity? Select…

Do you identify as transgender? Select…

What\’s your sexual orientation? Select…

Do you identify as having a disability? Select…

Do you consider yourself to be neurodivergent? Select…

#J-18808-Ljbffr