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Senior Regulatory Reporting Analyst

Monzo Bank

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Posted over 30 days ago...

Expired

Join Monzo's mission to transform banking into a transparent, inclusive experience with a Senior Regulatory Reporting Analyst role in vibrant London

Overview

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£55000 - £68000

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London

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98% Remote- UK

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Expires at anytime

Organisation summary:
Monzo is a progressive bank dedicated to making finance work for everyone. We are changing the face of banking by prioritizing problem-solving over product-selling and relying on our community's feedback to create an app that everyone loves. Our goal is to make a positive impact and improve lives by creating a transparent, comprehensible, and fair banking experience.

  • Role Summary:
    • Generate precise regulatory reporting and management information for Monzo's regulators.
    • Interpret and document regulatory rules like the PRA Rulebook and UK CRR.
    • Design and enforce controls for regulatory reporting accuracy and compliance.
    • Oversee governance and comply with control frameworks.
    • Implement and test regulatory reporting tools.
    • Collaborate internally to provide regulatory insights for business decisions and new product launches.
    • Automate processes and create dashboards for insightful data visualization.
  • Role Requirements:
    • Qualified accountant with financial services experience.
    • Knowledge of regulatory reporting (COREP, liquidity reporting, FINREP).
    • Strong detail orientation and Excel skills.
    • SQL knowledge or willingness to learn.
    • Track record of meeting strict regulatory deadlines.
    • Experience with automated reporting solutions' implementation and UAT.
    • Passion for process automation and technology use to scale business operations.
  • Application Process Details:
    • Phone call with recruiter.
    • Initial call with hiring manager (30 mins).
    • Technical interview with hiring manager and team member (45 mins).
    • Monzo behavioural interview (45 min).

What’s in it for you: Competitive salary (£55,000 - £68,000), stock options, benefits, flexible working hours, £1,000 annual learning budget, and part-time work options for a healthier work-life balance. 2022 Diversity and Inclusion Report and 2023 Gender Pay Gap Report.

📍London | 💰£55,000 - £68,000 (depending on experience) ➕ | Benefits | Hear from the team

About us: 

We’re here to make money work for everyone and we're doing things differently. For too long, banking has been obtuse, complex and opaque.

We want to change that and build a bank with everyone, for everyone. Our amazing community suggests features, test the app and give us constant feedback so we can build something everyone loves.

We're focused on solving problems, rather than selling financial products. We want to make the world a better place and change people's lives through Monzo.

About the role:

We are looking fora curious, adaptive and data-focused Senior Regulatory Reporting Analyst with a strong attention to detail to join our regulatory reporting team at Monzo. The team is responsible for understanding our prudential regulatory reporting requirements, working on projects and submissions relating to these and collaborating with teams across Monzo.

Role Responsibilities
You will be responsible for: 

  • Producing timely, accurate and complete regulatory reporting for Monzo’s regulators (and the associated management information required for sign-off) 
  • Interpreting, maintaining and documenting the applicable regulatory interpretations, such as the PRA Rulebook and UK CRR
  • Designing and implementing controls to ensure regulatory reporting is timely, accurate and complete and that regulatory compliance is maintained 
  • Facilitating appropriate governance over regulatory reporting and ensuring compliance with the applicable control framework
  • Implementation and testing (UAT) of new releases of the Bank’s automated regulatory reporting tool 
  • Partnering with teams internally to help them make informed business decisions and providing regulatory reporting input into new product launches
  • Ensuring any regulatory reporting you’re responsible for runs like clockwork, including leveraging data visualisation tools to build dashboards and facilitate useful insights
  • Designing brilliant ways to automate your work and leverage technology to ensure we scale with the business

You should apply if:

  • Are a qualified accountant with experience working within financial services
  • Have previous knowledge of regulatory reporting, such as capital reporting (COREP), liquidity reporting and financial reporting (FINREP) 
  • Are excited by data and have a sharp eye for detail, with amazing Excel skills 
  • Knowledge of coding languages like SQL would be a bonus, although a willingness to learn is just fine 
  • Have a proven record of delivering to non-negotiable, regulatory deadlines
  • Have experience in the large-scale implementation and testing (UAT) of automated reporting solutions  
  • Want to automate or enhance recurring processes, particularly by leveraging technology, but know how to balance this with getting the actual reports out!

The interview process:

Our interview process involves 3 main stages: 

  • Phone call with recruiter
  • Initial call with hiring manager (30 mins)
  • Technical interview with hiring manager and team member (45 mins)
  • Monzo behavioural interview (45 min)

Our average process takes around 3-4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on [email removed - click apply for more details]

What’s in it for you:

💰 £55,000 - £68,000 (depending on experience) ➕ stock options & benefits 

📍This role is based in our London office

⏰ We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.

📚 Learning budget of £1,000 a year for books, training courses and conferences

➕ And much more, see our full list of benefits here


If you prefer to work part-time, we'll make this happen whenever we can - whether this is to help you meet other commitments or strike a great work-life balance.

Equal Opportunity Statement

We are actively creating an equitable environment for every Monzonaut to thrive.

Diversity and inclusion are a priority for us and we are making sure we have lots of support for all of our people to grow at Monzo. At Monzo, embracing diversity in all of its forms and 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, 2022 Diversity and Inclusion Report and 2023 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.

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