Avatar for Monzo Bank
Monzo Bank
Actively Hiring
Get paid a day early with easy banking through Monzo
  • Scale Stage
    Rapidly increasing operations
  • Top Investors
    This company has received a significant amount of investment from top investors
  • YC Funded
    Startup funded by Y Combinator
  • +1

Lead Data Scientist, Core

Posted: 2 weeks ago• Recruiter recently active
Job Location
Remote • 
London • 
Visa Sponsorship

Not Available

Hires remotely
Everywhere
RelocationAllowed

About the job

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

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

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 team about what it's like working at Monzo


📍London | UK remote | 💰 £95,000 to £115,000 + Stock Options + Benefits| Technology - Data

About our Core Banking Team:

Core Banking is responsible for the current account used by 10 million customers. That includes creating compelling value propositions for different audiences (including Joint, Under 16s and 16 to 17 accounts), designing the overall app structure, the day-to-day money management experience (including features like Trends, Salary Sorter, Bills Pots, and more) and other value propositions like Travel. The collective is also responsible for Subscriptions, which are paid upgrades that unlocks extra benefits and functionality that help customers make financial progress.

We’re now gearing up for our next phase of growth, from 10 million to 20 million customers.

What you’ll be working on:

  • Lead the product strategy in App Evolution within Core Banking - continuing to evolve the app experience for customers to make it magically simple to manage money day-to-day with Monzo, and help customers discover differentiated value
  • Develop and execute best practices for experimentation enabling our team to make data informed decisions
  • Collaboratively set standards and work with data across Monzo, fostering knowledge sharing and continuously improving data practices.
  • Work closely with leaders in product, engineering, design and research to build and iterate on product ideas

You should apply if:

  • You enjoy working with cross functional fast moving teams
  • You are able to think strategically about the Core Banking product and how decisions using data can unlock more value for our customers
  • You are excited about mentoring other data scientists and analytics engineers
  • You are excited by experimentation and utilising new data techniques to solve challenging problems
  • You want to understand the nuances of our data and are excited about laying the key foundational knowledge for our new products and features
  • You are opinionated about how to think about measuring success and are willing to challenge the status quo

The interview process:

Our interview process involves:

  • Recruiter Call
  • Initial Call
  • Technical assessment
  • Final Interviews

    • Business Fit/Collaboration
    • Case Study
    • Technical Interview

Our average process takes around 2-3 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on [email protected]

One of our recruiters has written a blog on the process, for extra details, hints and tips please see Data Hiring at Monzo

What’s in it for you:

💰 £95,000 to £115,000 + Stock Options + Benefits

✈️ We can help you relocate to the UK

✅ We can sponsor visas

📍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, at times that suit you and your team.

📚Learning budget of £1,000 a year for books, training courses and conferences

➕And much more, see our full list of benefits here

If you prefer to work part-time, we'll make this happen whenever we can - whether this is to help you meet other commitments or strike a great work-life balance.

#LI-NB2 #LI-Remote


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 2023 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 company

Monzo Bank company logo

Monzo Bank

Actively Hiring
Get paid a day early with easy banking through Monzo1001-5000 Employees
  • Scale Stage
    Rapidly increasing operations
  • Top Investors
    This company has received a significant amount of investment from top investors
  • YC Funded
    Startup funded by Y Combinator
  • Valuation $1B+
    This company has a valuation of $1B or more
Learn more about Monzo Bank image

Funding

AMOUNT RAISED
$424.3M
FUNDED OVER
10 rounds
Rounds
F
$145,000,000
Series F - Jul 2019+9

Perks

Health & Wellbeing
Paid sick leave for both physical & mental health. Health insurance through Vitality or BUPA, with additional insurance through Medicash. We also offer a discounted subscription to Headspace.
Pension
We’ll automatically enroll you into our pension scheme. We offer a 4% employer contribution (Monzo pays you 100% of your salary, then 4% extra into pension).You’ll need to pay 4% too, and you can opt to pay more for the tax benefits!
Family
52 weeks of primary caregiver leave (13 weeks at 100% pay, 13 weeks at 50% pay, 13 weeks at Statutory Maternity Pay) if you have been with us for at least 13 weeks. 6 weeks of secondary caregiver leave at 100% pay.
Remote friendly
If you’re employed as a distributed worker, we’ll pay for any equipment you need to do your job. If you’re normally office-based, you can still work from home occasionally, and everyone works from home every other Friday.
Generous vacation
24 days of vacation a year, not including bank holidays. Or, you can opt out of bank holidays and take 32 days’ holiday whenever you like. We also offer an extra month's unpaid leave each year.
Snacks
Fresh fruit in the office (biscuits, quality coffee, tea and soft drinks too)
Company meals
Lunch on Monzo twice a week if you’re office-based
Commuter benefits
We’re a member of the cycle-to-work scheme. We also offer season ticket loans with Commuter Club (we pay the interest)
Learning
Learning budget of £1,000 a year for books, training courses and conferences, plus regular knowledge-sharing sessions with your squad, collective and discipline
Company events
Regular company-wide socials, like sports day and a Holiday party, plus smaller team lunches, dinners, breakfasts & other social get-togethers. Interest based clubs like netball, choir, yoga. You can make your own, too!
Compensation Reviews
Managers review salary every 6 months, and Monzo provides proactive pay increases to reflect growing responsibilities.
Flexible working hours
We trust you to work enough hours to do your job well, at times that suit you and your team. If you’re in customer operations, you’ll have set shifts.

Founders

Jonas Huckestein
Founder • 3 years
London
image
Paul Rippon
Founder • 3 years
image
Tom Blomfield
Founder • 3 years
image
View the team image

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