Monzo

VAIB Team Manager, Evenings, 3.30pm - 8pm (Monday to Friday)

United Kingdom

£32,200 – £35,000Compensation
Senior (5 to 8 years)Experience Level
Part TimeJob Type
UnknownVisa
Fintech, Banking, Financial ServicesIndustries

Vulnerable Customer Team Manager

Salary: Pro rata of £32,200 - £35,000 Employment Type: 0.6 FTE (22.5 hours per week) Location Type: Remote Working Hours: Monday to Sunday 3:30 PM - 8:00 PM (Note: Training will be full-time, Monday to Friday, 9:00 AM - 5:30 PM for 4 weeks)


Position Overview

Monzo is on a mission to make money work for everyone by simplifying traditional banking. We are seeking a motivated and experienced Vulnerable Customer Team Manager to join our dedicated Vulnerability, Accessibility, Inclusion and Bereavements (VAIB) Telephony Team. This role is crucial in ensuring Monzo understands, considers, and advocates for the needs of all customers, particularly those facing difficult circumstances.


About Monzo

After starting as a prepaid card, Monzo's product offering has grown significantly over the last 10 years in the UK. We now offer personal and business bank accounts, joint accounts, accounts for 16-17 year olds, a free kids account, and credit cards. Our UK customers can also save, invest, and combine their pensions with us. Known for our hot coral cards, get-paid-early feature, financial education on social media, and award-winning customer service, we aim to create magical moments for our customers by solving problems and changing lives.

Learn more about working at Monzo: Hear from the team ✨ Learn more about our VAIB Team: https://monzo.com/i/supporting-all-our-customers


Responsibilities

As a Team Manager, you will play a key role in:

  • Managing the professional development of approximately 15 VAIB Telephony Advisers.
  • Providing coaching, feedback, and support to your team on VAIB tasks, primarily focusing on call handling and in-app chat support.
  • Monitoring and improving service levels for the work completed by your team.
  • Clearly communicating business changes and ensuring team engagement.
  • Contributing to a strong control environment by minimizing avoidable breaches and risk events.
  • Speaking with customers and supporting COps with complex decision-making when necessary.
  • Empowering team members to identify opportunities for improving customer experience and Monzo's ways of working.
  • Assisting your team with the most difficult queries and building their knowledge around complex issues.
  • Managing performance, which includes delivering constructive feedback and supporting team members' improvement and learning.
  • Regularly reviewing the quality of your team's customer interactions to identify areas for individual and structural improvement.
  • Ensuring the secure storage and maintenance of sensitive personal data and performance-related documents for reports.
  • Motivating your team in a fast-growing environment.

Requirements

We are looking for an individual with:

  • Strong experience in supporting vulnerable customers.
  • The ability to manage the professional development of team members.
  • Skills in providing coaching and support on specific tasks.
  • A focus on driving exceptional individual and collective performance.
  • Experience in guiding individuals through challenging situations.
  • The ability to hold effective team meetings (individual and group) to ensure information flow and engagement.
  • Experience in aggregating team feedback and feeding it into operational leadership.
  • Involvement in hiring processes and acting as an interviewer is a plus.

Application Instructions

  • Please note that training will be full time 9am - 5.30pm Monday to Friday for 4 weeks.

Company Information

Monzo is committed to making money work for everyone. We are not about selling products; we aim to solve problems and change lives through our innovative approach to banking.

Skills

Vulnerable Customer Experience
Team Management
Coaching
Customer Service
Financial Services

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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