Monzo

Senior Lead Machine Learning Scientist

Cardiff, Wales, United Kingdom

£140,000 – £175,000Compensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Banking, Financial ServicesIndustries

Requirements

Candidates should have significant experience as a Machine Learning Scientist, with a proven track record in designing and building advanced Machine Learning systems for areas such as personalization, demand forecasting, workforce management, and detection systems. Expertise in Deep Learning, Graph Neural Networks, and Transformers is required, along with the ability to provide key technical leadership and identify impactful areas for solution development. Experience working in cross-functional product squads within an agile environment is also necessary.

Responsibilities

The Senior Lead Machine Learning Scientist will provide technical leadership and ship highly impactful ML-based solutions, particularly in fraud and financial crime prevention. They will be responsible for the entire ML lifecycle, from problem formulation to model deployment and monitoring, and will collaborate closely with product managers, data scientists, backend engineers, and designers. This role involves designing ML architectures for real-time systems and advising senior business stakeholders on technical matters.

Skills

Machine Learning
ML Lifecycle
Model Deployment
Fraud Detection
Risk Assessment
Data Analysis
Python
SQL
Cloud Platforms
Statistical Modeling
Personalization

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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