Staff Engineer, Monzo
Data Platform
£130-180k
Plus stock options
More information about location
Digital-only bank platform and marketplace
Job no longer available
Digital-only bank platform and marketplace
1001+ employees
Job no longer available
£130-180k
Plus 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
- Have a track record of technical excellence, delivering resilient systems, ideally behind consumer products
- You have technically led teams to solve complex product challenges, enabling them to manage trade-offs in order to deliver products that solve customer needs at scale
- You have strong experience working on the backend of a technology product
- You want to be involved in building a product that you (and the people you know) use every day
- You have a product mindset: you care about customer outcomes and you want to make data-informed decisions
- You’re comfortable working in a team that deals with ambiguity and have experience helping your team and partner team resolve that ambiguity
- You’re interested in distributed systems and writing resilient software
- You have some experience with strongly-typed languages (Go, Java, C, Scala etc.)
- You think you’d enjoy the kind of work we’re doing
What the job involves
- As a Staff Engineer in Data Platform, you will sit at the intersection of our Engineering and Data disciplines
- Work with the product leadership team of your collective to ensure we are making the right trade-offs across squads. You’ll use your keen sense of product market fit to do this
- Help your teams manage the trade-offs implied in shipping new product to market - balancing speed, polish and the need to learn what fits customers’ needs best
- Rally your team around a mission, objective or company priority, injecting urgency when needed or slowing down pace to make sure the right controls are in place
- Understand several work-streams across your group keeping enough context to regularly provide technical advice to other engineers
- Use your expert knowledge and experience to lead architectural discussions for the most complex systems in the collective. You’ll do this in order to arrive at solutions that are robust and optimal given the context
- Keep a high bar for technical excellence in the collective, through your own work, highlighting the work of others and calling out when things haven’t quite met the bar
- Foster a culture of quality within their collective. Proactively championing measures to test work, and gets buy-in from stakeholders when this is not appreciated
- Pro-actively mentor, sponsor and up-level engineers
Application process
- Initial Call
- Take home task or pair coding exercise
- Final interview including a system design, a behavioural and a leadership 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 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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