Hybrid Third Party Risk Manager

at Monzo Bank

• Job title: Third Party Risk Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: £85,000 - £105,000 per year
• Degree requirement: No Education Requirement
• Location requirements: Hybrid, London, United Kingdom

About the role

• Manage third party risk for Monzo, a tech-focused bank, ensuring compliance and effective operations. Collaborate with teams to enhance risk management processes across the organization.

Responsibilities

• Bringing your unique Risk and Control expertise gained in global organisations, to advance Monzo’s strategic goals and support our growth
• Proactively delivering impactful and effective Third Party Risk Management
• Designing, implementing and managing operational processes to enhance how Monzo manages Third Party Risk
• Having a pivotal role in developing sustainable ways to meet our regulatory requirements in a high-growth, technology-driven environment
• Striving to achieve high standards and instil established best practices in risk management
• Taking a collaborative and partnered approach to achieving business objectives with internal teams and external suppliers
• Having the ability to be both tactical and strategic when developing and delivering Third Party risk management solutions at Monzo

Requirements

• You’re experienced in working within highly regulated environments and know how to navigate complexity with confidence
• You’ve led or contributed to sustainable improvements in risk processes, making lasting, practical impact
• You’re skilled at delivering third-party risk management in a collaborative, matrix environment
• You bring a strong understanding of outsourcing regulations, ideally from the banking or financial services sector
• You communicate with clarity, tact, and pragmatism, building trust and influence at every level
• You have a keen eye for detail, and enjoy developing, reviewing and implementing effective policies and procedures
• You know how to build strategies that manage third-party risk effectively throughout their lifecycle
• You’re confident interpreting risk regulations and standards across different jurisdictions
• You’re well-versed in Cyber, Information Security, and Data Risk Management
• You’re familiar with third-party risk management tools and systems
• And you’re delivery-focused, with a genuine passion for creating sustainable, innovative solutions

Benefits

• £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 distributed workers we will provide extra support for your work-from-home setup
• Flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team
• Benefits and share options