[Remote] Team Manager, Business Banking at Monzo

Cardiff, Wales, United Kingdom

Monzo Logo
£32,200 – £40,750Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, FintechIndustries

Requirements

  • Have experience working within a Business Banking team within a financial services environment (essential)

Responsibilities

  • Leading, coaching and supporting your team to achieve their personal, professional and performance goals
  • Instilling a strong customer-centric culture and making sure everyone stays focused on helping customers with their personal financial lives
  • Providing support through side by side coaching, call listening and 1:1 sessions with your team members to aid their continuous improvement
  • Holding daily buzz sessions and weekly team meetings that focus on team engagement, performance and everything in between
  • Driving performance on an individual basis and a team level to ensure performance meets customer demand
  • Managing schedules in conjunction with the Real Time team to ensure the right amount of people in the right place at the right time
  • Regularly reviewing the quality of your team’s customer interactions to identify areas of potential improvement, both individually and structurally
  • Helping your team with the most difficult queries and capable of explaining, demonstrating and motivating people to be excellent at their roles
  • Being a point of escalation for queries on Business Banking products and processes, either answering questions first time or directing inquiries to the right place
  • Using data to spot trends and understand performance gaps
  • Leading your team through business changes within your area
  • Consistently making sure that the working environment is as engaging and rewarding as possible for those that you lead
  • Empowering your team to deliver exceptional customer service across various channels, including web chat, email, phone, and multiple task-based workstreams
  • Prioritising the professional growth of your team, guiding them from new members to experts in their roles
  • Fostering a positive team culture marked by substantial support, guidance, and development opportunities

Skills

Customer Service
Team Management
Web Chat
Email Support
Phone Support
Team Development
Coaching
Business Banking
Leadership

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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