[Remote] Staff Credit Risk Analyst at Monzo

Cardiff, Wales, United Kingdom

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£120,000 – £150,000Compensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, BankingIndustries

Requirements

Driven, analytical, and creative mindset to support credit and growth strategy in Borrowing
Experience handling strategically important problems with judgement in areas of organisational or technical complexity
Ability to act as a role model within Data, contributing to discipline-level strategy and sponsoring data-wide projects
Expertise in sharing knowledge, mentoring colleagues, and contributing to team growth and development
Capability to work closely with Flex squad leadership and cross-functional teams (Product Managers, Engineers, Designers, Marketers, Customer Researchers, Data Scientists)

Responsibilities

Lead on strategically important problems, applying judgement in areas of organisational or technical complexity
Act as a role model within Data, contributing to discipline-level strategy and sponsoring data-wide projects
Share expertise generously, mentoring colleagues to build their skills and understanding, while contributing to the growth and development of the team
Work closely with Flex squad leadership to drive credit and growth strategy, initially focusing on the Flex product
Expand remit over time to cover other areas of Borrowing, leveraging data-driven decision making, real-time analytics, and agile ways of working

Skills

Key technologies and capabilities for this role

Credit Risk AnalysisRisk ModelingLendingSQLPythonData AnalysisFinancial ModelingMachine LearningRegulatory ComplianceBanking

Questions & Answers

Common questions about this position

What is the salary range for the Staff Credit Risk Analyst role?

The salary range is £120,000 - £150,000, plus Options and Benefits.

Is this role remote or office-based?

The role is available in London or Remote (UK).

What skills are required for the Staff Credit Risk Analyst position?

The role requires driven, analytical, and creative individuals with expertise in credit risk analysis to drive credit and growth strategy.

What is the team culture like at Monzo's Borrowing team?

The Borrowing team is part of the Data Discipline, emphasizing a strong culture of data-driven decision making, powerful real-time analytics, and empowerment of the wider business.

What makes a strong candidate for this Staff Credit Risk Analyst role?

A strong candidate is a senior-level individual contributor with experience in credit risk, capable of driving strategy for products like Flex and expanding to other Borrowing areas.

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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