Analytics Engineering Lead, Monzo
Operations
£90-110k
+ Stock Options
More information about location
Digital-only bank platform and marketplace
Be an early applicant
Digital-only bank platform and marketplace
1001+ employees
Be an early applicant
£90-110k
+ Stock Options
More information about location
1001+ employees
Company mission
To build a new kind of bank that makes money work for everyone.
Role
Who you are
- You have a strong passion for data modelling, ETL projects, and Big Data
- You enjoy working with data streams from various services, such as financial, transactional, and operational systems
- SQL and data modelling are second nature to you, and you are comfortable with general Data Warehousing concepts
- You are committed to continuous improvement, proactively identifying opportunities and addressing challenges in your work and the work of others
- You have experience building robust and reliable data sets that require a high level of control
- You enjoy working with cross functional fast moving teams and are passionate about serving our customers
- You are able to think strategically about credit products and how our underlying data models will unlock more insights for our team and more value for our customers
- You are excited about enabling other data scientists, analytics engineers and credit analysts by sharing your expertise on data architecture
- You have the ability to shape big, ambiguous data domains and get the required buy-in from key leaders across the business
- You are able to shape and manage the technical roadmap of an entire domain and execute against the project plan’s deliverables
- You are leading through the contributions of others by effectively leveraging the multiplier effect to create exponential value across Operations and Analytics Engineering
- Excel in cross-functional stakeholder communication (back-end engineers, product managers, and credit analysts), while also effectively engaging with senior technical leaders
What the job involves
- We're looking for a Lead Analytics Engineer within our Operations team to help build world class service for the bank of the future.
- You will play a critical role in overseeing our foundational data platforms, identifying and driving opportunities to enhance our current capabilities.
- Your expertise will be pivotal in allowing us to scale into new markets and working with partners internally and externally to ensure we can design and build a first class system to meet our customers’ needs
- You’ll work closely within our Operations Collective with product and engineering teams to build out our forecasting and routing systems, while partnering with our core operations team to enable a fast and agile workforce
- Serving as a data architect for Monzo’s Operations data, contributing to the design and scalability of data models that measure the performance of our Operations product suite
- Develop robust data models downstream of backend services, primarily in BigQuery, to support internal reporting, machine learning, large language models, as well as financial and regulatory use cases
- Scoping, building and leading through others the re-architecture of entire domains across Operations (including data about our workforce and about demands of our customers)
- Be a key voice in shaping and maintaining best practices for our Data Warehouse, including source data payload design, logical data modelling, implementation, metadata, and testing standards
- Collaboratively set standards and work with data across Monzo, fostering knowledge sharing and continuously improving data practices
- Contribute to prioritising data governance issues, ensuring a comprehensive approach to data integrity and compliance
- Being a key technical leader who’s able to champion central platform initiatives that aim to elevate the data standards across Operations and beyond
- We all own and support the pipelines we contribute to, and on call support out of hours will be expected from time to time as part of this role
Application process
- Recruiter call
- Initial call
- Technical task
- 3 x 1 hours sessions (final interview)
- Our average process takes around 2-3 weeks but we will always work around your availability
Salary benchmarks
Our take
Monzo is a challenger bank that fully operates online and offers a full range of current, savings, business accounts, and more. The speed of the challenger banks to provide a great experience has been impressive, and the number of competitors appearing has proven the consumer desire for innovation.
Monzo remains one of the popular online banks, with more than 6 million customer active users. The company faces competition as more traditional banks, such as Goldman Sachs and JP Morgan, have launched their own digital banks. However, the new technologies that the company is built on enable it to expand quickly (with fewer issues) than the incumbent players' offerings.
With an increasing amount of people switching banks, the company's ever-expanding suite of banking and financial services (such as its buy-now-pay-later offering) has resulted in Monzo receiving the second-highest net switching gains among digital challenger banks (just behind Starling).
After setting U.S. expansion plans aside in 2020, the company launched in the U.S. market in early 2022, partnering with Sutton Bank to provide its U.S. accounts. After several years focused on narrowing its losses, Monzo hit profitability in the first two months of 2023. In the same year, 2 million new customers joined, tallying its customer base at 9 million in 2024.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Many candidates hear
back within 2 weeks
42% female employees
19% employee growth in 12 months
Company
Funding (last 2 of 18 rounds)
May 2024
$190m
LATE VC
Mar 2024
$446.1m
LATE VC
Total funding: $1.9bn
Company benefits
- Yearly Salary Review + Proactive pay increases to reflect growing responsibilities + Share options
- Flexible working hours
- Work From Home Opportunities + we'll pay for any equipment you need to do your job
- 24 days holiday a year, plus bank holidays
- Paid sick leave for both physical & mental health + Health insurance via AXA or Vitality + Additional health insurance through Medicash
- Employee Assistance Programme
- Learning budget of £1,000 a year
- Aviva Pension Scheme + 4% Employer Contribution
- Paid maternity, paternity, adoption or shared parental leave (after 13 weeks of employment)
- 52 weeks of primary caregiver leave (6 months at 100% pay, 13 weeks at Statutory Maternity Pay, 13 weeks unpaid)
- 3 months of secondary caregiver leave at 100% pay
- Unum Life Insurance
- Access to fertility and family-forming health benefits via Fertifa
- Abellio Season Travel Tickets + Cycle-to-Work Scheme
Company values
- Be hard on problems, not people 🙌 We create supportive communities to help people thrive.
- Make a difference 🚀 We solve real problems, working on things that have the biggest impact for our customers and each other.
- Help everyone belong 🤗 We’re building a bank for everyone. We embrace differences and make sure everyone feels welcome.
- Think customer first; grow Monzo safely 🥕 We always do what's best for customers. It's the right thing to do and the safest way to grow.
- Default to transparency 🎤 We’re open with each other and customers unless we have good reason not to be.
- Think big, start small, own it 🌲 We’re ambitious and shoot for the moon, working iteratively to get the best results.
Company HQ
City of London, London, UK
Articles
Leadership
Jonas Templestein
(CTO)Founder of HipDial. Former Software Engineer at Starling Bank.
People progressing
Joined in the Customer Operations team. Moved to be a Financial Crime Analyst after 5 months. Then moved again to be a Business Analyst after 2.5 years. Currently working as a Senior Product Manager.
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