Head of Credit Risk (Remote)

We’re waving goodbye to the complicated and confusing ways of traditional banking.

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!

London or UK Remote | £71,400 - £90,000 | Incentive Awards tied to your performance + Benefits ✨

Our Enterprise Risk team ⭐

Our Enterprise Risk team helps Monzo grow safely by making sure we have the right risk frameworks, reporting and governance in place across the bank. Working as part of our second line of defence, you'll partner closely with colleagues across the Office of the CRO, Group Risk and teams throughout Monzo to deliver clear, insightful risk reporting and support effective enterprise risk management. This is a highly collaborative role with real visibility across the organisation, giving you the opportunity to shape how risk information is used to support better decision making.

Designing and maintaining easy to understand, easy to operate risk reporting processes for Monzo Bank Limited, ensuring all reporting satisfies Group requirements.

Developing risk reporting processes alongside the Group Risk Reporting team that are fit for purpose, flexible, future-proofed where possible and provide meaningful business intelligence for both first and second line teams.

Understanding and analysing risk data to produce insightful reporting for senior stakeholders, including committee reporting where appropriate.

Producing Monzo Bank Limited Combined Assurance Plan (CAP) papers.

Supporting the operation and embedding of the Enterprise Risk Management Framework (ERMF) across Monzo Bank Limited, ensuring consistent, proportionate application and effectiveness.

Working collaboratively with the Group Risk team to ensure the Group Risk Taxonomy remains fit for purpose and reflects Monzo Bank Limited's risk profile.

Supporting the smooth operation of the Monzo Bank Limited Enterprise Risk & Compliance Committee, including oversight of committee governance, production of minutes, action tracking and annual Committee Effectiveness Reviews and Terms of Reference updates.

Supporting the Group Risk Culture agenda and assisting with annual and mid-year risk culture updates for Monzo Bank Limited.

You have experience in risk reporting and risk data management, and know what good looks like.

You're confident managing stakeholders at all levels and can build effective working relationships across both first and second lines of defence.

You have experience designing and delivering strategic risk initiatives, including risk change.

Studies show that women and people of colour might hesitate to apply unless they meet every single requirement. Drop us your application, we'd love to hear from you!

71,400 - £90,000 ➕ Incentive Awards tied to your performance.

This role can be based in our London office, but we're open to distributed working within the UK with occasional travel to London.

⏰ 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.

£1,000 learning budget each year to use on books, training courses and conferences.

We'll set you up to work from home. All employees receive a MacBook, and fully remote workers receive additional support for their home office setup.

➕ The application journey has 3 key steps

This process should take around 4-6 weeks - your schedule is really important to us, so we promise to be as flexible as possible!

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. We’ll close this role once we have enough applications for the next stage, so please apply as soon as you can - we don’t want you to miss out!#Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. You can read more in our blog, 2026 Diversity and Inclusion Report and 2025 Gender Pay Gap Report.

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.

We don't need full or birth names at application stage