Prudential Regulatory Manager (18 month fixed term contract)

Our finance team is growing and were looking for a Prudential Regulatory Manager (18 month fixed term contract) to join us. The role is responsible for understanding our European prudential regulatory requirements, working on projects and submissions relating to these, and collaborating with teams across the bank.
You will need to have a breadth of knowledge and experience across European prudential regulation, ideally covering ICAAP, solvent wind down (SWDP), recovery planning, resolution planning and financial & prudential regulatory reporting. You will have the ability to independently interpret a range of regulations, determine the impact of those on the Groups EU bank subsidiary, and to manage projects to implement them.
Youll play a key role by...

Supporting with all prudential aspects of Monzos EU banking licence application including particularly:

ICAAP: supporting the planning and production of the EU ICAAP including administration of Pillar 2R, Pillar 2G stress testing outputs, and the related regulatory reporting requirements.
Recovery planning: supporting the planning and production of EU addendums to the Group recovery plan.
Solvent wind down/ resolution planning: supporting the planning and production of EU addendums to the Group resolution plan and production of the EU SWDP.
Regulatory reporting: supporting with identifying, assessing and addressing the regulatory reporting required by Monzo EU in all applicable jurisdictions

Supporting the team to monitor compliance with EU prudential requirements on a forwards looking basis.
Development and maintenance of monthly EU key risk indicators for the Assets and Liabilities Committee (ALCo).
Identifying the impact of future prudential regulatory change and supporting relevant teams to assess and adapt to the challenges.
Assessing the regulatory reporting implications of expanding into the EU, including any iterative requirements, data implications and system enhancements.
Liaising with teams across the bank including product, borrowing, finance and risk., This role can be based in our London or Cardiff offices, or be distributed working within the UK (with ad hoc meetings in London)
We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team.
1,000 learning budget each year to use on books, training courses and conferences.
Plus lots more! Read our full list of benefits.
The application journey has 3 key steps

You have prudential regulatory experience at either an EU bank, consultancy firm, or regulatory body and want to apply it to a fast growing new EU bank.
You have detailed knowledge/experience of the relevant EU regulatory requirements, and the ability to interpret what that means for a new and growing EU bank.
You have the ability to coordinate, participate and lead projects to produce regulatory deliverables and maintain the Banks set of prudential documentation and supporting materials.
You are interested in identifying relevant data, performing analysis and understanding the impact on our bank.
Youre able to distil regulatory principles into operational requirements and effectively support those responsible for implementing them.
Youre able to work independently, proactively and enjoy a dynamic and changing environment.
You hold experience building strong relationships with stakeholders at all levels within the business.

Cardiff, London or Remote (UK)

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