MonzoMO

Finance Internal Control Manager, 12-month FTC

At Monzo, we’re building a new kind of bank. One that lives on your smartphone and built for the way you live today.

Monzo

Employee count: 1001-5000

Salary: 71k-80k GBP

United Kingdom only

🚀 We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking.

After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us.

With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!

We’re not about selling products - we want to solve problems and change lives through Monzo ❤️

Hear from our UK team about what it's like working at Monzo

📍London | 💰 £71,000-80,000 Salary + Benefits | Hear from the team

⭐Our Internal Controls team

We're looking for a highly proactive, enthusiastic Finance Internal Control Manager on a 12 month fixed term basis. We have some exciting initiatives ahead, including supporting Monzo in ensuring that its controls and processes remain robust and well-maintained, driving control analytics and root cause analysis, helping recommend process improvements to the Bank and working cross collectively to really add value to the internal controls framework.

You’ll work on helping monitor and improve controls, perform process walkthroughs, support internal and external audits on controls validation and help design effective controls performance reporting. You’ll join the Finance team and report to our Senior Internal Controls Manager.

🔑You’ll play a key role by...

  • Taking on key Risk and Control responsibilities, including issues and actions management, maintenance of the finance risk and control register, and coordination of monthly Finance Governance meetings.
  • Overseeing policies and standards management to ensure the financial control framework is robust and well-maintained.
  • Coordinating reporting to management and senior stakeholders on the effectiveness of the financial control framework.
  • Providing guidance and support to the business in demonstrating that the appropriate control environment is in place, particularly with ERP changes and EU expansion.
  • Performing deep dives and reviews to evaluate and improve Monzo’s first-line financial control environment, ensuring readiness for strategic initiatives like EU expansion.
  • Work closely with the second line of defense to enhance Monzo’s risk, controls, and governance framework.
  • Leading and managing strategic projects within Finance to help build and drive financial capabilities across the Bank, including initiatives focused on ERP change and EU expansion.
  • Collaborating with engineers to automate or enhance recurring processes, driving improved control automation and operational efficiency.

🤩We’d love to hear from you if…

  • You are a qualified Accountant with post-qualified experience working in Internal controls or internal audit Big 4 or similar.
  • You have experience in banking, Audit and Internal Controls and have a good understanding of key financial controls.
  • You have a great eye for detail.
  • You’re a self-starter and enjoy tackling what needs doing.
  • You’re comfortable translating complex information into simple words for people with diverse backgrounds.
  • You thrive in a dynamic and constantly evolving environment.

🙌What’s in it for you

💰£71,000-£80,000 salary range ➕ share options.

📍This role can be based in our London office, but we're open to 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.

🏡We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup.

➕ Plus lots more! Read our full list of benefits.

🌈 The application journey has 3 key steps

  • Recruiter Call
  • 45 Minute Role Specific Interview
  • 45 Minute Behavioural Interview

This process should take around 3-4 weeks - your schedule is really important to us, so we promise to be as flexible as possible!

You’ll hear from us throughout the application process, but if you’ve got any questions, please reach out to [email protected] You can also use this email address to let us know if there’s anything we can do to make the process easier for you because of disability, neurodiversity or anything else.

We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out.

Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2023 Diversity and Inclusion Report and 2024 Gender Pay Gap Report.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.

If you have a preferred name, please use it to apply. We don't need full or birth names at application stage 😊

About the job

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Posted on

Job type

Temporary

Experience level

Manager

Salary

Salary: 71k-80k GBP

Location requirements

Hiring timezones

United Kingdom +/- 0 hours

About Monzo

Learn more about Monzo and their company culture.

View company profile

At Monzo, we’re building a new kind of bank. One that lives on your smartphone and built for the way you live today. By solving your problems, treating you fairly and being totally transparent, we believe we can make banking better.

We’re building the best bank in the world

A bank you'd be proud to use - and that means bringing together a talented team with diverse experiences, backgrounds and skills.

We believe there should be an alternative to the banking of the past: we're focused on solving problems, rather than selling financial products, making your financial life simpler, and giving you complete control from your smartphone.

Internally, we encourage an open, collaborative, inclusive working environment. We contribute to open source software, and we continually engage with our wonderful community. We’re hiring talented, creative problem-solvers to help us build the bank of the future. Join us!

We’re a growing, fast-paced team based in the heart of East London

Less than 5 minutes walk from Liverpool Street, we’re a team of just over 1600 people building a bank. We're taking care of everything from regulation, to app development, to card distribution, and more.

Employee benefits

Learn about the employee benefits and perks provided at Monzo.

View benefits

Life insurance

Life insurance from Unum

Share options

The option to buy shares in Monzo at a later date

Wellness benefits

Discounted subscription to the meditation app Headspace (£15 a year)

Flexible working hours

We trust you to work enough hours to do your job well, at times that suit you and your team

View Monzo's employee benefits
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Monzo

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Monzo hiring Finance Internal Control Manager, 12-month FTC • Remote (Work from Home) | Himalayas