Senior Manager, Personal Banking Operations at Monzo

London, England, United Kingdom

Monzo Logo
£68,000 – £84,500Compensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, BankingIndustries

Requirements

  • Leadership experience guiding teams of Operations Managers in frontline customer service
  • Ability to manage multi-channel customer service delivery against key goals and performance indicators
  • Expertise in developing and implementing leadership development strategies aligned with company goals and values
  • Experience acting as a liaison with regulatory bodies to ensure compliance
  • Skills in examining, evaluating, and redesigning processes to improve efficiency and customer experience
  • Capability to support change management initiatives in a dynamic environment
  • Proficiency in developing and maintaining strategic relationships with global outsourcing partners
  • Confidence in interpreting performance data to drive operational improvements
  • Ability to role model, reinforce, and embed leadership development programs
  • Experience leading and executing core projects from end to end

Responsibilities

  • Effectively manage a team of Operations Managers to deliver world-class customer service through multi-channel management
  • Own and deliver against all key goals and performance indicators
  • Develop and implement leadership development strategies that align with Monzo’s goals and values
  • Act as a liaison with regulatory bodies, representing Monzo’s interests and ensuring compliance
  • Examine and evaluate current processes to identify improvements, streamline operations, and increase efficiency
  • Support change management initiatives for smooth transitions
  • Review and redesign Personal Banking processes to provide great service, efficient contact handling, and optimal customer experience
  • Develop and maintain strong, strategic relationships with global outsourcing partners
  • Interpret performance data to drive operational improvements and highlight areas for change
  • Role model, reinforce, and embed leadership development programs
  • Lead and execute core projects from end to end, driving innovative change through the direct team

Skills

Operations Management
Customer Operations
Banking Operations
Customer Experience
Team Leadership
Financial Services
Process Improvement

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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