Monzo

Sustainability Lead

Cardiff, Wales, United Kingdom

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, BankingIndustries

Requirements

Candidates should have proven leadership experience in climate strategy and delivery, with extensive experience developing decarbonisation roadmaps including Scope 3 accounting and setting Science Based Targets. A strong track record in shaping and delivering complex sustainability initiatives, particularly in assessing and implementing decarbonisation strategies aligned to company goals, is essential. Expertise in environmental, social, and governance (ESG) principles, traditional program management capabilities, and knowledge of evolving environmental and climate-related regulations such as TCFD and CSRD are required. The ability to synthesize large volumes of data into actionable plans and work within a fast-paced organization is also necessary.

Responsibilities

The Sustainability Lead will contribute to the evolution of Monzo's long-term sustainability strategy, identifying emerging risks, opportunities, and best practices. They will take ownership of the climate strategy, leading the end-to-end delivery of the decarbonisation plan, including managing key reduction projects, tracking performance, and ensuring public climate commitments are met. This role involves acting as an internal expert on environmental and climate regulations, developing business cases for sustainability initiatives, devising and tracking key performance metrics, and preparing reports for senior stakeholders. Additionally, the lead will collaborate with internal stakeholders across various departments to embed sustainability principles and manage relationships with key external partners.

Skills

Sustainability
Decarbonisation Strategies
ESG Principles
Program Management
Stakeholder Management
Corporate Strategy

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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