MonzoMO

Director of Engineering, Core Banking

At Monzo, we’re building a new kind of bank. One that lives on your smartphone and built for the way you live today.

Monzo

Employee count: 1001-5000

United Kingdom only
Apply now

🚀 We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking.

With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!

We’re not about selling products - we want to solve problems and change lives through Monzo ❤️

Hear from our team about what it's like working at Monzo ✨

📍London or Remote (UK) | 💰 This is a unique role, we’re open to discussions around base salary + stock options dependent on experience + Benefits

Engineering at Monzo

This is a brand new role to lead two Collectives (product pillar/vertical) - Core Banking, this is our core consumer app experience of Monzo for our 9+ million customers, and Growth, a newly founded Collective to help us build one of the best, most innovative banks in the world.

As an Engineering Director you’ll lead a multi-disciplinary team to set big, ambitious goals for an entire product area, and have the freedom to decide how to meet them. You’ll operate with autonomy and have a massive impact on our customers’ lives and Monzo’s success.

The Collectives directly support making money work for everyone - our objective is to fulfil this mission for new and potential customers. We aim to position Monzo as the product that people go to when they want to manage their financial life.

As the Engineering Director, you will build high-performing teams that expand Monzo’s core consumer experience, subscriptions, Joint Accounts, and increase engagement at every stage of the user journey. You'll also lead the areas that encourage new user sign ups, onboarding, and post sign up engagement to help customers discover everything that Monzo can do for them.

What you’ll work on

  • Lead two cross-functional pillars with a total of 70+ Engineers with SEMs and EMs as direct reports.
  • Create and execute on customer acquisition strategies to expand our customer base.
  • Collaborate with product, design, data, user research and marketing to identify and validate new opportunities to help customers engage with our financial products.
  • Create delightful experiences that solve user needs and pain points. You should aim to be a champion of our customers.
  • Use an experimentation focused and data driven approach that focuses on quick iteration.
  • Lead planning processes and roadmap prioritisation ensuring alignment within the team and with wider business goals and objectives.

You should apply if

  • You have experience leading Engineering orgs between 50-80 individuals (including experience managing a number of Engineering Managers and Senior Engineering Managers).
  • You’ve got over a five year track record of shipping successful, customer-centric digital products in a consumer tech company. Experience in a B2C product environment is ideal.
  • You have the ability to communicate clearly and persuasively to a wide range of audiences, and in a structured way.
  • You can systematically break down and then solve complex problems (for customers and the business).
  • You’re comfortable using data to ground your thinking in analysis, can identify key metrics and their drivers and evaluate the success of your work.
  • You make good decisions in complex situations where there’s often no “right answer”.
  • You can work effectively with a diverse range of people and working styles to get stuff done, and are able to thoughtfully and constructively challenge and influence the people you work with
  • You hone in on the highest leverage thing to work on, both for the product and your own time
  • You’re able to quickly build trust and enable your team’s to be high performing.

The interview process

Our interview process involves 3 main stages:

  1. Recruiter Call (30 mins) You'll meet our Engineering Leadership Recruiter to discuss your experience and learn more about Monzo. They'll be your partner and guide throughout the interview process.
  2. Initial Call (1 hour) You'll meet with one of our senior engineering leaders. They'll ask you about your previous experience, in particular people leadership, product delivery and technical leadership. They’ll ask example based questions (‘Tell me about a time when…’)
  3. Loop Stage - This is one stage with 4 interviews (totalling 4 hours) split between a collaboration with one of our engineers on a technical exercise, as well as execution and leadership interviews.

At all stages we’ll create space for you to ask as many questions as you have, you’re interviewing us as well!

Our average process takes around 3-4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on [email protected]. Please also use that email to let us know if there's anything we can do to make your application process easier for you, because of disability, neurodiversity or any other personal reason.

What’s in it for you

💰Base salary depending on experience + equity + stock options benefits

✈️ We can help you relocate to the UK

✅ We can sponsor visas

📍This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London).

⏰ We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.

📚Learning budget of £1,000 a year for books, training courses and conferences

➕And much more, see our full list of benefits here


Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2022 Diversity and Inclusion Report and 2023 Gender Pay Gap Report.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.

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About the job

Apply before

Jul 14, 2024

Posted on

May 15, 2024

Job type

Full Time

Experience level

Director

Location requirements

Hiring timezones

United Kingdom +/- 0 hours

About Monzo

Learn more about Monzo and their company culture.

View company profile

At Monzo, we’re building a new kind of bank. One that lives on your smartphone and built for the way you live today. By solving your problems, treating you fairly and being totally transparent, we believe we can make banking better.

We’re building the best bank in the world

A bank you'd be proud to use - and that means bringing together a talented team with diverse experiences, backgrounds and skills.

We believe there should be an alternative to the banking of the past: we're focused on solving problems, rather than selling financial products, making your financial life simpler, and giving you complete control from your smartphone.

Internally, we encourage an open, collaborative, inclusive working environment. We contribute to open source software, and we continually engage with our wonderful community. We’re hiring talented, creative problem-solvers to help us build the bank of the future. Join us!

We’re a growing, fast-paced team based in the heart of East London

Less than 5 minutes walk from Liverpool Street, we’re a team of just over 1600 people building a bank. We're taking care of everything from regulation, to app development, to card distribution, and more.

Employee benefits

Learn about the employee benefits and perks provided at Monzo.

View benefits

Life insurance

Life insurance from Unum

Share options

The option to buy shares in Monzo at a later date

Wellness benefits

Discounted subscription to the meditation app Headspace (ÂŁ15 a year)

Flexible working hours

We trust you to work enough hours to do your job well, at times that suit you and your team

View Monzo's employee benefits
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Monzo

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