[Remote] Data Science Manager, Payments at Monzo

Cardiff, Wales, United Kingdom

Monzo Logo
£102,000 – £130,000Compensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, BankingIndustries

Requirements

  • Experience managing a team of Data Scientists and Data Analysts
  • Strong leadership skills to build and develop a discipline of exceptional Data Scientists and Analysts
  • Ability to hire, develop, and retain talented Data professionals
  • Expertise in data leadership and rigorous analytical approaches to product development
  • Strategic understanding of the business to structure complex projects
  • Collaboration skills with senior leaders, Product, and Engineering teams
  • Experience in agile product environments
  • Familiarity with data-driven decision making and real-time analytics (e.g., Looker)

Responsibilities

  • Be a key leader in building a discipline of exceptional Data Scientists and Analysts for Payments products and experience
  • Help hire, develop, and retain talented Data people
  • Collaborate closely with senior leaders across Monzo to deliver products for customers
  • Bring data leadership and rigour to product development and build strategic business understanding while structuring complex projects
  • Define the long-term strategy of the team and create comprehensive roadmaps for projects
  • Generate insights that can change the direction of Payments strategy
  • Work and advise on Payments’s global expansion strategy
  • Liaise with Product and Engineering managers to ensure collection of the right data for relevant business insights
  • Manage a team of Data Scientists and Data Analysts, working with Analytics Engineers to drive product innovation
  • Champion the use of data and bring ideas to life through rigorous analytical approaches to enable revenue and customer growth

Skills

Key technologies and capabilities for this role

Data ScienceAnalytics EngineeringData AnalyticsPaymentsProduct ManagementEngineering CollaborationLeadershipSQLPythonMachine Learning

Questions & Answers

Common questions about this position

What is the salary range for the Data Science Manager role?

The salary range is £102,000 to £130,000, plus stock options and benefits.

Is this position remote or office-based?

The role supports London office or UK remote work arrangements.

What are the key responsibilities of this role?

You will manage a team of Data Scientists and Data Analysts, help hire and develop talent, collaborate with Product and Engineering teams, and champion data-driven decision making to drive product innovation in payments.

What is the structure of the Payments Data team?

The Payments Data team consists of over 15 people across 3 data disciplines: Analytics Engineering, Data Analytics, and Data Science.

What is the company culture like at Monzo?

Monzo has a strong culture of data-driven decision making, real-time analytics, and empowering the business through self-serve tools like Looker, with a focus on solving problems, building with community input, and creating magical customer moments.

Monzo

Digital-only banking platform for consumers

About Monzo

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.

London, United KingdomHeadquarters
2015Year Founded
$1,856.7MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

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

Risks

Monzo breached UK banking regulations, risking reputational damage and fines.
Expansion into Europe poses regulatory challenges and potential licensing delays.
Reliance on digital platforms makes Monzo vulnerable to technological disruptions.

Differentiation

Monzo offers real-time spending updates and categorized transactions via a mobile app.
The 'Pots' feature allows users to set aside money for specific purposes.
Monzo Plus provides premium features like custom card designs and travel insurance.

Upsides

Monzo secured $400M in 2024, valuing the bank at $5 billion.
The partnership with SignLive enhances accessibility for Deaf customers.
Expansion into Europe in 2025 could significantly increase Monzo's customer base.

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