Description
We're on a mission to make money work for everyone.
We're looking for a Senior Risk & Compliance Officer to oversee risk management and compliance activities for the Spanish Branch of Monzo Bank Europe.
In this role, you will implement Monzo's Risk Management Framework in Spain, monitor the Branch's key material risks covering operational, conduct and compliance risks, and support regulatory engagements particularly with Banco de España.
Acting as a trusted advisor to the Spain Branch Manager, you will provide independent oversight, challenge and advice across a broad spectrum of risks including Credit, Operational, ICT/Security, Conduct, Compliance and Business risks.
Key Responsibilities:
- Local Branch Risk & Compliance Oversight and Governance
- Operational, ICT, Security, Data & Third-Party Risk Oversight
- Conduct Risk, Compliance & Consumer Protection
- Credit & Business Risk Oversight
- Deputy MLRO & FinCrime Oversight
Requirements:
- Minimum of 7 years of experience in Risk Management, Compliance or Internal Audit within a regulated retail bank, digital bank, or top-tier fintech operating in Spain
- Deep understanding of Banco de España regulations and broader EBA/ECB regulatory requirements (CRD V, PSD2/3, GDPR, DORA, AML/CFT)
- Proven experience in working with regulatory authorities and managing compliance-related audits
- Demonstrated experience managing or overseeing multiple risk types, with specific expertise in Operational Risk, ICT/Security Risk, Conduct risk, Compliance Risk and basic Credit Portfolio Quality reviews
- Native or completely bilingual Spanish speaker with excellent professional proficiency in English (written and spoken)
What We Offer:
- Salary range of €75,000 - €95,000 + Incentive Awards tied to your performance
- Hybrid working model, based in our Barcelona office 2 - 3 days a week
- Flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team
- Annual Leave - 38 days including public holidays
- €1,200 learning budget each year to use on books, training courses and conferences
- Private healthcare scheme
- Wellbeing benefits: financial education, women's and men's health support, mental health benefits, including coaching and counselling