Full-Time

Senior Product Manager

Flex

Confirmed live in the last 24 hours

Monzo

Monzo

1,001-5,000 employees

Digital-only banking platform for personal finance

Fintech
Financial Services

Compensation Overview

ÂŁ95k - ÂŁ125kAnnually

+ Stock Options + Benefits

Senior

London, UK

Role can be based in London office with distributed working within the UK; ad hoc meetings in London required.

Category
Product Management
Product
Required Skills
Data Science
Requirements
  • You have experience working with financial services products. Bonus if this experience has been on a credit card or BNPL product.
  • You’ve got extensive experience of shipping successful, customer-centric digital products in a fast growing tech company.
  • You're commercial. You have a track record of delivering P&L impact through product work.
  • You’re passionate about building value for customers and not just achieving business results.
  • You’re data driven, passionate about metrics, and intellectually honest about how your work is performing -- and driven to continuously improve it.
  • You’re creative, opportunistic, and love working as part of a fast, iterative team.
  • You’re full of novel ideas and creative solutions, and able to tease them out of others too.
  • You can work effectively with a diverse range of people and working styles to get stuff done, and are able to thoughtfully and constructively challenge and influence the people you work with.
  • You have the ability to communicate clearly and persuasively to a wide range of audiences, and in a structured way.
  • You’re a fast learner, humble and curious, and enjoy developing yourself and others.
Responsibilities
  • Lead a cross-functional team to develop and deliver a strategy for attracting new consumer segments to Flex. Key success metrics include total Flex users, monthly engagement, depth of spend and loss coverage.
  • Define product strategy for the next phase of growth for key segments, including building a deep understanding of customer needs and market opportunities, and how we’ll continue to differentiate ourselves and grow.
  • Work iteratively and collaboratively with design, engineering, research, data science, compliance and many others to refine your plan and execute against it effectively.
  • Lead the planning process and associated roadmap prioritisation ensuring alignment within the team and with wider business goals and objectives.
  • Balance work to create long-term growth, and work to hit short-term growth and revenue targets.
  • Shape the broader product strategy by sharing insights from your work.

Monzo operates as a digital-only banking platform focused on providing a modern and convenient way for individuals to manage their finances. Its primary product is a user-friendly mobile app that enables customers 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 payments 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 as part of its services. What sets Monzo apart from traditional banks is its real-time balance updates and instant spending notifications, which help customers stay informed about their finances. With over 8 million customers, Monzo aims to meet the growing demand for accessible, mobile-first banking solutions.

Company Stage

Late Stage VC

Total Funding

$1.9B

Headquarters

London, United Kingdom

Founded

2015

Growth & Insights
Headcount

6 month growth

↑ 8%

1 year growth

↑ 23%

2 year growth

↑ 62%
Simplify Jobs

Simplify's Take

What believers are saying

  • Monzo's expansion into Europe could significantly increase its customer base and revenue.
  • The 'Team' plan addresses pain points for small businesses, attracting more business customers.
  • Monzo's first full year of profitability indicates strong financial health and growth potential.

What critics are saying

  • Monzo's breach of UK banking regulations could damage its reputation and customer trust.
  • Regulatory challenges in Europe could delay Monzo's expansion plans.
  • Monzo's reliance on digital platforms makes it vulnerable to technological disruptions.

What makes Monzo unique

  • Monzo offers real-time updates and instant notifications for transactions.
  • Monzo's 'Pots' feature allows users to set aside money for specific purposes.
  • Monzo Plus provides premium features like custom card designs and travel insurance.

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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