Credit Risk Oversight Manager

Cardiff, London or Remote (UK) · London · Remote (UK) · 16-17 years experience · Remote · Posted Sep 28, 2026

At a glance

Monzo is seeking a Credit Risk Oversight Manager to join the second line of defence Credit Risk Oversight team as the Borrowing business grows rapidly.
The role involves providing independent assurance and constructive challenge of credit risk management across the lifecycle to help Monzo grow safely.

Providing ongoing oversight of credit risk by analysing and understanding the performance of existing lending products, developing and enhancing monitoring metrics, and providing input to relevant committees and forums.
Partnering with first line of defence teams to support credit strategy changes, including new product launches and pilots, ensuring delivery of lending products within Risk Appetite.
Delivering deep insight, feedback, and challenge on credit strategies through data-driven analysis and actionable counter-proposals to support management decision making.
Leading second line assurance work on thematic reviews.
Collaborating with model validation and model development teams to ensure understanding of models underpinning credit strategies.
Providing credit expertise and input into relevant strategic projects and critical Monzo-wide processes, such as stress-testing and forecasting.
Supporting the maintenance of the Credit Risk Framework and ensuring it is well embedded within the business.
Taking a balanced and proportionate approach to risk management to ensure managing risks becomes part of everyone's day-to-day role.

Strong background in credit risk management within consumer or small business lending.
Proven analytical skills to interrogate data, build monitoring, and look for early indicators of trends.
Hands-on experience and/or understanding of how to use credit risk scorecards and NPV models to develop strategies for making credit decisions.
Solid technical toolkit including SQL or similar.
Ability to convey problems and solutions using clear and simple language, both written and verbal.
Track record of building and maintaining trusting relationships with stakeholders while providing effective and respectful challenge.
Passion for technology and Monzo's mission.

Experience in unsecured products such as credit cards, loans, or overdrafts.
Experience using a data visualisation tool such as Looker, PowerBI, or Tableau.
Excitement to explore how to use AI tools to improve credit and risk management processes.