Monzo

Senior Staff Machine Learning Scientist, Operations

London, England, United Kingdom

Not SpecifiedCompensation
Expert & Leadership (9+ years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Biotechnology, Artificial IntelligenceIndustries

Requirements

Candidates should possess a Master’s degree in a quantitative field such as Computer Science, Statistics, Mathematics, or a related discipline, and have at least 8 years of experience in machine learning, with a strong focus on operations and building scalable ML systems. Experience with large datasets and distributed computing environments is essential, along with expertise in model development, deployment, and monitoring.

Responsibilities

As a Senior Staff Machine Learning Scientist, you will define and execute the strategic vision for ML across Operations and adjacent business areas, shape foundational ML strategy and platforms, mentor and guide the next generation of ML talent, and influence the development of Monzo’s ML capabilities across diverse areas including workforce planning, customer support experience, and operational efficiency. You will also work cross-functionally with senior leadership, engineering teams, and business stakeholders to define and execute the long-term ML strategy, and contribute to the development of AI-driven products that improve customer outcomes.

Skills

Machine Learning
Model Development
Model Deployment
Model Monitoring
Large Datasets
Distributed Computing
Scalable ML Systems

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.

Key Metrics

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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