Overview<p><b>Head of Risk</b> at <b>Monzo Bank</b>. We’re looking for an experienced leader to scale our fincrime and fraud program for the US. This pivotal role will ensure that our strategies, systems and processes effectively detect, prevent, and respond to financial crimes and fraudulent activities while supporting our growth objectives. You will work closely with senior leadership, legal/compliance teams, and Product/Eng teams to build robust, proactive measures against financial crime risks.</p><br>Check all associated application documentation thoroughly before clicking on the apply button at the bottom of this description.<br>Responsibilities<ul><li>Strategy Development: Build and implement anti-financial crime, fraud prevention, and risk management strategies that align with regulatory requirements, industry best practices, and Monzo’s objectives</li><li>Data Analysis: Build and refine rules and models to improve customer and transaction decisioning</li><li>Technology Integration: Collaborate with Data, Product, and Eng teams to implement solutions for detecting and preventing financial crimes as Monzo scales</li><li>Vendor Management: Own supplier relations, including evaluation, onboarding and managing performance of 3rd party tools and technology</li><li>Team Leadership: Build and lead a high-performing fraud operations team to meet SLAs. Foster a culture of continuous improvement, professional development, and collaboration.</li><li>Policy and Procedure Oversight: Implement and enforce policies and procedures related to financial crime and fraud prevention, including BSA/AML and KYC requirements, through rules and controls</li></ul>Qualifications<ul><li>You’ve built and scaled successful fincrime and fraud programs within fintechs</li><li>You are proficient in SQL and are familiar with writing fraud and AML rules within Risk platforms</li><li>You make data driven decisions to optimize both risk prevention and customer experience</li><li>You are a problem solver, and can simplify complex fincrime problems for technical and non-technical audiences</li><li>You’re an action-oriented problem solver, and have built scalable processes</li><li>You have built strong relationships and collaborate with partners to reach alignment and resolve issues</li><li>You can drive clarity amidst ambiguity and focus on the things that matter</li><li>You’re a team player and can roll up your sleeves to get things done</li></ul>What’s In It For You<ul><li>Salary: $170,000 - $230,000 + Equity</li><li>Location: San Francisco, CA (hybrid schedule)</li><li>Benefits: Learning budget of $1,500/year for books, training courses and conferences</li><li>401k with 4% employer match</li><li>And much more — see our full list of benefits here</li></ul><p>We have a flexible application journey with four key steps: Initial Call, Interview with Hiring Manager, Take Home Task, and Cross Functional Interviews (Virtual and In Person). This process should take around 3-4 weeks, and we’ll be as flexible as possible with your schedule. If you have questions, please reach out to hiring@monzo.com. We’re committed to supporting applicants with disabilities, neurodiversity, or any other needs.</p>Equal Opportunities<p>Diversity and inclusion are a priority. We are an equal opportunity employer and consider applicants without regard to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, veteran status, neurodiversity, or disability status. If you have a preferred name, please use it to apply.</p><br>#J-18808-Ljbffr