Director of Data Analytics, Monzo
Finance
We can sponsor visas
Digital-only bank platform and marketplace
Job no longer available
Digital-only bank platform and marketplace
1001+ employees
Job no longer available
We can sponsor visas
1001+ employees
Company mission
To build a new kind of bank that makes money work for everyone.
Role
Who you are
- You’ve gathered significant experience in either one of these areas: Financial Reporting, Treasury, Regulatory Reporting or Financial Planning & Analysis
- You've had multiple years of experience in a hands on data role yourself (using SQL) and still feel comfortable getting hands-on as well as taking a step back and thinking strategically
- You have experience managing multiple data individual contributors and data managers in a finance function and you really enjoy that part of the job
- You consider yourself an empathetic leader
- You have experience working together and collaborating with senior business stakeholders and finance teams
Desirable
- Experience with strongly-typed languages (e.g. Go, Java, Scala...)
- Working knowledge of Python, Airflow, dbt, Bigquery and Looker
- Experience with financial reporting systems such as NetSuite, SAP, Oracle
What the job involves
- Establish yourself as a trusted partner to the finance leadership team with a reputation for getting things done
- Work closely with finance leadership to define data’s priorities and support our finance strategy
- Ensure we have the right data capabilities, infrastructure and talent in place to be able to to make data driven commercial decisions and enable robust and reliable financial/regulatory reporting
- Bring data leadership and rigour to our finance function, enabling us to efficiently manage the bank’s performance and risk
- Help hire, develop and retain top tier talented data analysts and data scientists
- Promote a culture of proactive, high quality data insights that can impact the direction of Monzo
Application process
- 30 minute recruiter call
- 45 minute call with hiring manager
- 3 x 1-hour video calls with various team members
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 active users. The company faces competition from more traditional banks, such as Goldman Sachs and JP Morgan, which 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
Company
Funding (last 2 of 18 rounds)
May 2024
$190m
LATE VC
Mar 2024
$455.8m
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 HQ
City of London, London, UK
Leadership
TS Anil
(CEO)Also a Board Member at Accion. Previously Board Member at UK Finance, Global Head of Payments, Products & Platforms at Visa and was the Global Head of Retail Products at Standard Chartered Bank.
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