Senior Financial Risk Manager

Join Monzo, a leading digital bank, as a Senior Financial Risk Manager. In this role, you will provide technical leadership in financial risk disciplines, focusing on IRRBB, capital adequacy, stress testing, and liquidity risk. You will oversee model governance, support ICAAP development, and provide 2LoD oversight of liquidity risk and funding frameworks. Additionally, you will lead the production and review of financial risk MI, act as a technical advisor to various teams, and ensure alignment with regulatory standards. Enjoy a competitive salary, flexible working hours, and a range of benefits.

• Acting as a senior technical specialist within the Financial Risk function, supporting the Director in delivering robust oversight across several financial risk disciplines.
• Leading independent 2LoD validation and review of financial risk models, with a focus on Interest Rate Risk in the Banking Book (IRRBB), behavioural models, and hedging strategies.
• Playing a leading role in ICAAP development, review, and ongoing enhancement, providing independent oversight and challenge of capital adequacy assessments and stress testing frameworks.
• Strong technical expertise in one or more of IRRBB modelling and measurement, capital adequacy and ICAAP, liquidity risk and ALM
• Experience in model validation, quantitative analysis, or risk methodology development
• Strong analytical and problem-solving skills with attention to detail
• Experience working with Treasury, Finance, or Risk teams in a banking environment
• Deep understanding of prudential regulation (CRR/CRD, EBA guidelines, ICAAP/ILAAP expectations)
• Ability to challenge effectively and communicate complex concepts clearly to senior stakeholders