Graduate Credit Analyst, Monzo
£50k
+ Incentive Awards tied to your performance
3 days a week in office
Digital-only bank platform and marketplace
Be an early applicant
Digital-only bank platform and marketplace
1001+ employees
Be an early applicant
£50k
+ Incentive Awards tied to your performance
3 days a week in office
1001+ employees
Company mission
To build a new kind of bank that makes money work for everyone.
Role
Who you are
- You graduated in 2026 or are graduating in 2027 with, or expecting to achieve, at least a 2:1 in a STEM, Economics or another highly analytical degree. We welcome applications from graduates of all levels including Masters and PhD
- You enjoy solving complex problems using data
- You're curious, collaborative and excited to learn new technologies
- You enjoy asking questions, digging into data and finding better ways to solve problems
- You want to build products that genuinely improve customers' financial lives
- You have the full right to work in the UK with no limitations, as we cannot provide sponsorship for this role
- You're able to work from our London office three days per week on a hybrid basis
What the job involves
- Our Borrowing business is one of the fastest-growing parts of Monzo. From credit cards and personal loans to new lending products, we’re building simple, transparent ways for customers to borrow with confidence
- You’ll join a highly collaborative team where Credit works closely with Product, Engineering, Machine Learning, Finance and Risk
- We move quickly, test ideas, learn from data and continuously improve the experience for our customers
- From day one, you'll be part of the team. You'll own meaningful work, solve real problems with data and help ship improvements that make borrowing better for our customers
- Over two years you’ll complete three eight-month rotations, giving you broad exposure to how modern credit works while helping you discover where your strengths lie
- Along the way, you'll build technical skills, learn from experienced mentors and work on projects that have real business and customer impact. You'll see your work make it into production, helping shape the lending products our customers use
- Depending on your rotations, you could work in areas such as:
- Credit Strategy - Help answer some of our biggest questions, like who we lend to, how much we lend, and how we can help more customers access credit responsibly. You'll use data, experimentation and commercial thinking to turn those answers into action
- Machine Learning - Help develop and improve the models that power our lending decisions, using machine learning and statistical techniques to create better outcomes for our customers
- Regulatory Modelling - Build and maintain the models which help us understand future credit losses, manage capital and support Monzo’s continued growth
- Credit Risk Assurance - Provide independent review and challenge of lending strategies and models, helping ensure our decisions remain robust, well-governed and customer-focused
- The programme is just the start. By the end of your rotations, you'll have the skills and experience to continue growing your career across Borrowing at Monzo
Application process
- Start date: September 2027
- Submit your application and answer a few short questions
- Complete an online exercise to showcase your analytical thinking and problem-solving skills (this will be sent out to eligible candidates once applications close)
- Join us for an in-person assessment centre (23rd November 2026). You'll meet people from across the team, take part in a series of interviews and learn more about what it's like to work at Monzo
- Applications close at 18:00 PM on 27 September 2026 but we encourage you to apply as soon as possible
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).
The company launched in the US market in early 2022, partnering with Sutton Bank to provide accounts there. After several years focused on narrowing its losses, Monzo hit profitability in the first two months of 2023. It is now moving forward with an IPO, targeting a £6-7 billion valuation
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 18 rounds)
May 2024
$190m
LATE VC
Mar 2024
$455.4m
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
(Vice Chair)Previous ly CEO of the company. 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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