Special Projects Manager - UK Business banking

  • Monzo
  • UK
  • Jan 07, 2019
Full time Banking Management

Job Description

Monzo is growing quickly. We are looking for people to help us expand into new markets and products so we can make money work for everyone. Our small and high impact Special Projects Team identifies new opportunities, selects which ones to pursue and does what it takes to get these actioned.

To succeed, you should be excited about starting a new product, navigate the regulatory landscape, use data to shape your thinking and collaborate with partners and colleagues to build something bigger than yourself. We’d want you to apply if you are underwhelmed by the status quo of banking and finance today and are interested in bringing your brainpower, quantitative skills and grit to creating a better alternative.

You’ll have a lot of freedom to shape your own career as Monzo grows. While we value specific experience in the areas detailed below, you can expect that you will come to work on a wide range of projects. This might mean that you move projects every three to six months or take a leadership role in a part of Monzo that you care about. Previous team members have gone on to take senior roles in our Partnerships, International Expansion and Operations teams.

You should apply if:

  • You’ve led projects from beginning to end across a number of disciplines
  • You thrive in ambiguity, ask incisive questions and take a structured approach to problem-solving
  • You are commercially minded
  • You are in your element understanding and summarising complex problems, whether it is based on regulation, legal documents, business processes, technology or even payment systems
  • You’re numerate and data oriented: you love getting deep in a spreadsheet or can write a SQL query to help you solve problems
  • You are comfortable working together with senior management
  • You are humble but the ambition of what we’re doing at Monzo excites you!

Having recently announced that we are planning to launch a business current account in the UK, the specific experience we are looking for in this role is:

  • Knowledge of small business financial services, especially through experience in a top European Bank, FinTech, strategy consultant, startup or research role. 
  • Experience launching or running SME financial services products. This could be more traditional SME banking products such as business current accounts, or related services (e.g., budgeting apps, lending, accounting software).

You would be responsible for:

  • Researching the market, understanding user needs and pain-points
  • Carrying out financial modelling
  • Distilling large amounts of research and feedback into small and actionable bits
  • Helping hire our core team
  • Identifying, negotiating and agreeing arrangements with third party partners
  • Working with our legal and compliance teams to identify risks and impacts

There is no need to apply for more than one of the advertised “Special Projects Manager” roles as we are running the hiring process in a streamlined way. If you believe that more than one role could apply to you please include information below to explain why.