Monzo

Product Operations Manager, Telecoms

London, England, United Kingdom

£50,200 – £67,900Compensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Banking, TelecommunicationsIndustries

Requirements

Candidates should have significant experience in operations for a MNO, MVNO, or telecoms provider and a robust understanding of Ofcom regulations. Experience working for or with financial services companies or banks is also desired. The ideal candidate is analytical, detail-oriented, collaborative, and enjoys building and scaling operations from scratch.

Responsibilities

The Product Operations Manager will act as the operational knowledge hub for mobile services, assist Product teams in creating efficient customer experiences, and oversee the effectiveness of third-party providers. They will also serve as a source of knowledge on Ofcom regulations, champion best practices for internal operations, share customer feedback with Product teams, and collaborate with customer service to ensure efficient, compliant, and empathetic communication with customers. The role involves ensuring the accurate, efficient, compliant, and delightful delivery of key operational elements of the customer journey.

Skills

Product Operations
Telecoms
Mobile Telephony
Customer Operations
Operational Expertise
Relationship Management
Product Management
Technology Operations

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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