Experteer Overview
In this role you will lead risk management and compliance for Monzo’s Spanish branch, implementing the group’s risk framework locally. You’ll oversee multiple risk types, support regulatory engagements with Banco de España, and provide independent challenge to the branch leadership. You’ll build robust governance, dashboards, and horizon scanning to drive compliant growth. This position offers impact at the EU scale within a dynamic, fintech-driven culture.

Compensaciones / Incentivos
• Act as the primary 2LOD contact for the Spanish branch and embed a risk u0026 compliance culture
• Monitor local regulatory updates and translate them into operating procedures
• Draft regulatory risk and compliance reports for local and EU committees
• Support local governance, accountability, and horizon scanning
• Develop and report Branch Risk Appetite Statement (RAS) and governance dashboards
• Lead risk and compliance training to strengthen understanding across the branch
• Oversee ICT, cybersecurity, GDPR/data privacy risks aligning with DORA
• Monitor PSD2/PSR transitions and payments compliance; ensure IT and outsourcing controls
• Oversee Third-Party Providers risk and ensure SLA compliance
• Act as Deputy MLRO and support AML/CFT frameworks; report to authorities as needed




• Provide 2LOD challenge on credit portfolio performance and risk framework suitability
• Lead local compliance assurance reviews and coordinate with EU compliance teams
• Sign off on advertising/marketing materials for the Spanish market
• Contribute to regulatory horizon scanning and change management

Responsabilidades
• 7+ years in Risk Management, Compliance or Internal Audit in a regulated retail bank, digital bank, or fintech operating in Spain
• Deep knowledge of Banco de España regulations and EBA/ECB requirements (CRD V, PSD2/3, GDPR, DORA, AML/CFT)
• Experience with regulatory authorities and conducting compliance audits
• Proven ability to oversee multiple risk types (Operational, ICT/Security, Conduct, Compliance; basic Credit)
• Native or bilingual Spanish with professional English proficiency
• Self-starter with ability to navigate a matrix reporting structure and challenge senior leaders
• Passion for financial technology and banking transformation in the EU

Requisitos principales
• salary 75,000 - 95,000 + incentive awards
• hybrid Madrid office (2-3 days/week)
• annual leave 38 days
• learning budget 1200 per year
• private healthcare
• wellbeing benefits (mental health support, coaching)

📌 Senior Risk & Compliance Officer (Madrid)
🏢 Monzo Bank
📍 Madrid