Challenger bank Monzo in head of compliance search
Monzo looking for new head of compliance
“We’re looking for a pragmatic, collaborative and experienced head of compliance,” Monzo says on its careers page of the website.
“We need to ensure that we’re building our bank in a compliant manner; we also want to ensure we’re doing what’s ethical, appropriate and fair for our customers – following both the letter and the spirit of all applicable legislation.”
The compliance role is currently held at the bank by Dean Nash, who is also head of legal. Nash, who joined Monzo in 2016 from Barclays UK, will continue to oversee the legal side.
“I will be delighted to hand over my compliance responsibilities to a pragmatic, dynamic compliance officer that wants to build an amazing bank,” he says on LinkedIn.
“We need someone to own the strategic direction and leadership for all things compliance,” reads the job advert. “At Monzo we operate a ‘three lines of defence’ model. You’ll join the second line of defence team, reporting directly to our chief risk officer. You’ll work with teams across the whole company.”
The bank adds that a formal compliance or financial crime qualification as well as international experience are “nice to have” for this role.
