Monzo

Senior Assistant Company Secretary (12 Month FTC)

Cardiff, Wales, United Kingdom

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Position Overview

  • Location Type: London/Cardiff/UK Remote
  • Job Type: Fixed-term (covering caregiver leave)
  • Salary: Not specified

Monzo is a digital, mobile-only bank on a mission to make money work for everyone. With a history of innovation and customer focus, Monzo offers a range of banking products and services in the UK and is looking to expand internationally.

About the Board Governance Team

The Board Governance team is seeking an experienced Senior Assistant Company Secretary to support the Monzo Group’s Company secretarial and governance functions. This role will report directly to the MBL Company Secretary.

Responsibilities

  • Act as Secretary to the Board and the Group Remuneration Committee, managing the end-to-end process including agenda preparation, paper requests, chair reports, meeting attendance, minute-taking, conflict of interest management, and action item tracking.
  • Assist with the US Board, including agenda preparation, paper requests, virtual attendance, and minute-taking.
  • Support the continuous review and development of Monzo’s corporate governance framework, policies, and procedures.
  • Provide expert advice and guidance on corporate governance matters to directors, senior management, and colleagues.
  • Lead or provide company secretarial support for ad-hoc projects, such as corporate transactions, restructurings, or new legislation implementation.

Requirements

  • Experience acting as Secretary to a Board, preferably of a bank.
  • Proven experience in drafting minutes, preparing agendas, and working with Chairs.
  • Ability to adapt quickly to new situations and a fast-paced, evolving business environment.
  • ICSA-qualified.

Skills

Corporate Governance
Company Secretarial
Legal Compliance
Regulatory Knowledge
Stakeholder Management

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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