Regulatory Affairs Manager

Job description

🚀 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 ❤️ 📍Dublin, Ireland | 💰€68,000 - €85,000, Incentive Awards tied to your performance ➕ benefits ⭐Our Regulatory Affairs team We’re looking for a pragmatic, organised and personable individual to strengthen our Regulatory Affairs team. The Regulatory Affairs team is the central team responsible for maintaining open and collaborative relationships with our regulators across the Monzo Group. In the Regulatory Affairs team, you’ll support and strengthen Monzo’s regulatory relationships and work closely with Executives to help shape our vision and regulatory affairs strategy as Monzo continues to grow. You’ll also work closely with our contacts at the Irish and European Regulators and support the wider Regulatory Affairs team with engagement with other relevant Regulators (PRA and FCA), responding to information requests, preparing for meetings and submitting regulatory submissions. We are on a mission to Make Money Work for Everyone and we’ve grown to over 15 million customers globally. For Regulatory Affairs this means ensuring our regulators are kept informed, managing regulatory requests and educating colleagues on the regulatory landscape. We operate a “three lines of defence” model of risk management at Monzo. You’ll be sitting in the second line as part of our Risk and Compliance team, working in the Regulatory Affairs Team. 🔑You’ll play a key role by... • Preparing for and facilitating regulator meetings, reviews and requests. Preparation includes working closely with Executives and stakeholders throughout the business to prepare and advise them on how best to meet regulatory expectations. • Keeping our regulators up to date with proactive notifications on products and strategic initiatives, as well as leading on regulatory communications during an incident. • Owning the governance and tracking of regulatory deliverables, deadlines and activities ensuring stakeholders are held accountable. • Taking responsibility for the preparation, submission and management of technically complex regulatory submissions. • Working with subject matter experts in Risk and Compliance and across the business to coordinate and prepare for regulatory visits. • Preparing data driven reports for the Executives that are clear, concise and informative. • Building and enhancing our policies and procedures for engaging with regulators. • Being a champion of risk and compliance and building respectful and collaborative relationships with all levels of stakeholders across the business. 🤩We’d love to hear from you if… • You have proven experience in a regulatory affairs role at an Irish/European regulated financial services firm or at an Irish or European financial services regulator • You have knowledge of CBI and/or ECB regulatory and supervisory obliga