Monzo is a digital bank that aims to make banking simple and user-friendly. They offer personal and business banking, savings, investments, pensions, and credit cards. The company is expanding across Europe and is looking for an experienced Enterprise Risk Manager to help manage risks as the business grows.
What This Job Is About
As an Enterprise Risk Manager, your main responsibility is to help Monzo identify, assess, monitor, and manage risks across the business.
You will work with different departments to ensure the company grows safely, follows regulations, and has strong risk management processes in place.
Think Of This Role As Helping The Company Answer

What could go wrong?
How serious could it be?
How can we prevent or reduce the impact?
Are we following banking regulations?

Risk Management

Work with different teams to ensure risk management is part of everyday operations.
Help identify new and existing risks across the business.
Maintain risk registers and risk records.
Review and assess how important different risks are.

Risk Governance

Support the company's risk management framework and policies.
Help prepare risk reports for senior management and board members.
Support governance committees and ensure proper documentation and follow‑up.

Risk Appetite Management

Help define how much risk the company is willing to take.
Ensure risk limits align with business goals.

Emerging Risks

Monitor industry trends and future threats.
Identify new risks before they become major problems.
Coordinate impact assessments across business teams.

Risk Culture & Training

Promote awareness of risk management across the company.




Deliver training and educational programs.
Encourage employees to think about risks in their daily work.

Regulatory Compliance

Ensure the company follows European banking regulations.
Support compliance with requirements from regulators such as:
Central Bank of Ireland (CBI)
European Banking Authority (EBA)
European Central Bank (ECB)
Basel Banking Frameworks

Skills & Experience Required
Must Have

Experience in risk management within banking, fintech, or financial services.
Knowledge of Enterprise Risk Management (ERM).
Experience with:
Risk frameworks
Risk assessments
Risk reporting
Risk governance
Risk appetite management

Strong Understanding Of

Banking regulations in Europe.
Digital banking products and operations.
Risk management tools and methodologies.

Soft Skills

Strong analytical and problem‑solving abilities.
Excellent communication skills.
Ability to work with senior executives and stakeholders.
Comfortable working in a fast‑paced environment.

Adecuado Background

Enterprise Risk Manager
Risk Manager
Operational Risk Manager
Governance & Risk Specialist
Risk Analyst (Senior Level)
Banking Risk Consultant
Enterprise Risk Consultant
Financial Risk Manager

Within

Banks
Fintech companies
Financial institutions
Regulatory organizations

Benefits

Performance bonus
38 days annual leave (including public holidays)
Private healthcare
Flexible working hours
€1,200 yearly learning budget
Training courses and conferences
Mental health and wellbeing support
Financial education programs

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📌 Enterprise Risk Manager (Madrid)
🏢 Muzazco Official
📍 Madrid