Full-Time

Technology Audit Manager

Confirmed live in the last 24 hours

Monzo

Monzo

1,001-5,000 employees

Digital-only banking platform for consumers

Fintech
Financial Services

Compensation Overview

£72kAnnually

+ Stock Options + Benefits

Mid, Senior

No H1B Sponsorship

London, UK + 2 more

More locations: Cardiff, UK | Remote in UK

Job can be performed remotely in the UK, but Cardiff and London are also available as in-office locations.

Category
Auditing
Accounting
Requirements
  • Can quickly and constantly learn about new technologies and tools.
  • Are a self starter who can adapt to, and is comfortable with, change.
  • Have a relevant audit or assurance related qualification – such as Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM).
  • Have expertise in technology platform, information security, data protection or data management risks and regulations.
Responsibilities
  • Deliver against the technology audit plan covering Platform, Security and Data.
  • Form an independent view of the Platform, Security and Data risks facing Monzo, and how this evolves as the company scales – in customers, products, geographies.
  • Build strong relationships with key stakeholders, and develop a deep understanding of Monzo’s technology stack.
  • Embed data in our core processes to inform what we do, and how we do it.
  • Support internal audit processes, including audit universe refresh, risk assessments and capacity planning.
  • Monitor and check if internal audit issues are addressed.
  • Make sure the principles of integrity, objectivity, confidentiality, and competency are applied and upheld.

Monzo operates as a digital-only banking platform focused on providing a modern way for individuals to manage their finances. Its main product is a mobile app that allows users to track their income, spending, and savings easily. The app includes features that help users save money, such as automatically setting aside a portion of their paycheck or rounding up transactions to the nearest dollar. Monzo generates revenue through interest on customer deposits, fees for certain services, and interchange fees from card transactions. Additionally, it offers overdrafts and personal loans. What sets Monzo apart from traditional banks is its real-time balance updates and instant spending notifications, which help users stay informed about their finances. The goal of Monzo is to provide a convenient, mobile-first banking experience that meets the needs of its growing customer base, which has surpassed 8 million users.

Company Stage

Late Stage VC

Total Funding

$1.9B

Headquarters

London, United Kingdom

Founded

2015

Growth & Insights
Headcount

6 month growth

9%

1 year growth

25%

2 year growth

65%
Simplify Jobs

Simplify's Take

What believers are saying

  • Monzo's partnership with SignLive enhances accessibility for Deaf and hard of hearing users.
  • Expansion into Europe, starting with Ireland, opens new markets for Monzo.
  • Monzo's 'Team' plan addresses needs of larger small businesses, increasing market share.

What critics are saying

  • Monzo's expansion into Europe may face regulatory challenges due to past breaches.
  • Reliance on digital platforms makes Monzo vulnerable to technological disruptions.
  • Increasing fintech competition pressures Monzo to innovate rapidly, risking strategic missteps.

What makes Monzo unique

  • Monzo offers real-time updates and instant notifications for transactions via its app.
  • The 'Pots' feature allows users to set aside money for specific purposes.
  • Monzo's gambling block feature helps users manage and control gambling habits.

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Benefits

Competitive salary

Flexible working hours

Work from home

Stock options

32 days of paid vacation and public holidays per year

Health insurance

EAP

Learning budget

Home office stipend

Paid parental leave