Senior Internal Audit Manager - Financial Crime, Conduct and Compliance

Our Internal Audit team is growing and we're looking for a Senior Internal Audit Manager to join the team and help build out the function. This role will be responsible for leading audit delivery across Financial Crime, Conduct and Compliance.

Internal audit is Monzo's "Third Line of Defence" (3LoD). Internal Audit provides Monzo's Board and Executive Management with independent and objective assurance on the adequacy and functioning of the system of internal control. The scope of internal audit covers all activities at Monzo, all areas of current and future risks within Monzo, and an assessment of risk management and mitigation controls in Monzo's current and expected business environment.

The role

You'll be responsible for:

• Developing the FinCrime, Conduct and Compliance audit universe and ensuring that risk assessments are up to date and accurate.
• Developing and executing a flexible audit plan covering the financial crime, conduct and compliance risk areas in accordance with our internal audit methodology and regulatory requirements.
• Building strong relationships with senior stakeholders, including ExCo and Board, and attending key committees.
• Forming an independent view of whether the key risks to the organisation have been identified, including emerging and systemic risks, and assess how effectively these risks are being managed.
• Embedding the use of data as part of our core audit processes (risk assessment and planning, audit execution, continuous monitoring).
• Delivering value-adding and insightful audit reports, ensuring factual accuracy is agreed and managing stakeholder communications.
• Reporting on management's control awareness (attitude and approach taken by all levels of management).
• Manage the validation of issues raised in prior audits.
• Improving Audit Committee Reporting, Governance and MI, including actions tracking.
• Ensuring the principles of integrity, objectivity, confidentiality, and competency are applied and upheld.
• This position will not immediately manage staff in a reporting line relationship, but may manage staff on an engagement-by-engagement assignment basis.

You should apply if you:

• Have a relevant qualification (Institute of Internal Auditors (IIA) certification, Association of Certified Anti-Money Laundering Specialists (ACAMS) certification, Certified Regulatory Compliance Manager (CRCM).
• Have strong technical knowledge of Financial Crime (primarily Sanctions, AML, CTF, ABC) regulatory and legislative requirements (EU Money Laundering Directives and the UK regulatory environment - FCA, UK Money Laundering Regulations, UK Bribery Act and JMLSG Guidance)
• Have Financial Crime, Conduct and Compliance subject matter expertise from prior regulatory experience or from within a large financial institution.
• Have a proven track record of identifying, assessing and evaluating risks and controls, advising business stakeholders from a risk perspective, while also understanding the commercial view.
• Are a skilled relationship developer with the ability to effectively challenge and influence ExCo and senior management on audit/risk matters and build partnerships with other assurance functions and the business to embed good corporate governance.
• Are a strong leader with experience in people management; supporting peers and leading high performance teams to meet pre-agreed deadlines.
• Have a good understanding of IIA standards

Logistics

This role will be based in our London office (remote until office re-opens) with flexibility to work remotely as needed. We offer a competitive salary that ranges between 80-100K plus other benefits . 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.

Diversity and inclusion is a priority for us - if we want to solve problems for people around the world, our team has to represent our customers. So we need to attract the best talent and create an environment that supports and includes them. You can read more about diversity and inclusion on our blog .

The application process consists of a 30 mins phone call with a recruiter, an initial call with someone from the team, followed 2-3 on-video interviews at our office in London or remotely via hangouts.

Equal Opportunity Statement

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.

We're an equal opportunity employer. All applicants will be considered for employment without attention to ethnicity, religion, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity status or disability status.