Senior Backend Engineer - Product
Mercury- Full Time
- Senior (5 to 8 years)
Candidates should possess strong experience working as a backend engineer, with a demonstrated enjoyment of learning new things and a willingness to collaborate with diverse teams including product managers, marketers, and designers. Formal qualifications or degree requirements are not requested for this role.
As a Backend Engineer III at Monzo, you will collaborate with your team to build and support a specific part of the Monzo platform, working within a squad and contributing to the wider collectives such as Core Banking, Business Banking, Wealth, Borrowing, Growth, Payments, Platform, Fincrime, and Security & Expansion. You will contribute to the design and development of the in-house banking platform, addressing challenges across various areas including products, infrastructure, security, payments, and finance.
Digital-only banking platform for consumers
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 deposits, fees for certain services, and interchange fees from card transactions, as well as offering 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.