Data Scientist
Credit Key- Full Time
- Junior (1 to 2 years)
Candidates should possess a Master's degree in a quantitative field such as Computer Science, Statistics, Mathematics, or a related discipline, and have at least 5 years of experience as a Data Scientist, with a strong preference for experience in a financial services or fintech environment. Demonstrated expertise in statistical modeling, machine learning, and data analysis techniques is essential, along with proficiency in programming languages like Python or R. Experience leading data science teams and mentoring junior data scientists is highly desirable.
As a Lead Data Scientist at Monzo, you will be responsible for leading the data strategy and evolving the bank to make it magically simple for customers to manage their money, developing and executing best practices for experimentation to enable data-informed decisions, and collaborating with data teams across Monzo to foster knowledge sharing and establish data standards. You will also be expected to guide the team in solving impactful business questions and analyses, leveraging self-serve analytics tools, and contributing to the overall data-driven decision-making culture within the organization.
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.