Lead Product Manager, Wealth at Monzo

London, England, United Kingdom

Apply Now

£110,000 – £145,000Compensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Banking, InvestmentsIndustries

Requirements

Seasoned product manager with a track record of successfully launching, scaling and iterating on Investment, Wealth or Trading products in a fast-growing company
Ability to systematically break down and solve complex problems, leveraging data, customer insights and creativity to set an ambitious long-term vision and deliver tangible outcomes iteratively
History of thinking outside the box and defining product offerings that successfully differentiate themselves in a competitive market
Good judgement and a track record of making good decisions in complex situations where there’s often no “right answer”
Creative, with the urge to make the status quo better, full of creative ideas and capable of teasing them out

Responsibilities

Defining the next phase of Monzo Investment: Develop a strategy informed by customer insights, market opportunities and business goals. Translate long-term strategies into actionable, iterative plans that work towards our strategy and deliver an exceptional customer experience
Scaling and differentiating: Identify and define the new products, features and capabilities that will cement Monzo's unique value proposition and redefine how customers build their financial future
Thriving in ambiguity: Operate effectively in a highly ambiguous environment, taking multiple and sometimes conflicting inputs and collating them into a cohesive vision
Collaborating cross-functionally: Work iteratively with teams across design, engineering, research, data science, product marketing, compliance, external partners and other areas to refine and execute your strategy
Communicating and inspiring: Inspire stakeholders with the product vision and share the right context with the right people at the right time

Skills

Key technologies and capabilities for this role

Product ManagementInvestmentsWealth ManagementCustomer ResearchData SynthesisCross-functional LeadershipStrategyRetail Banking

Questions & Answers

Common questions about this position

What is the salary range for the Lead Product Manager role?

The salary range is £110,000 - £145,000 plus benefits.

Is this position remote or office-based?

The role offers London or Remote UK work arrangements.

What key skills are required for this Lead Product Manager position?

Key skills include developing strategies from customer insights and market opportunities, thriving in ambiguity by synthesizing conflicting inputs into a cohesive vision, and collaborating cross-functionally with design, engineering, research, data science, product marketing, compliance, and external partners.

What is the company culture like at Monzo?

Monzo focuses on solving customer problems and changing lives, with a mission to make money work for everyone through simple, accessible, and transparent investing, emphasizing magical customer moments and cross-functional collaboration.

What makes a strong candidate for this Lead Product Manager role?

Strong candidates can define and deliver investment strategies from customer insights and market opportunities, thrive in ambiguity to create cohesive visions, and lead cross-functional teams to scale products for mass-market audiences.

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.

Land your dream remote job 3x faster with AI

Try Jobo Free