Commercial Associate, Cleo
£80k
+ Equity
AI personal finance assistant
Posted today
AI personal finance assistant
201-500 employees
Posted today
£80k
+ Equity
201-500 employees
Company mission
Our mission is to change the world’s relationship with money.
Role
Who you are
- Minimum 2-4 Years' Experience - demonstrated experience within a top-tier consultancy, investment bank, or venture fund
- Independent Initiative - demonstrated ability and enthusiasm for autonomously conceiving and executing projects
- Financial Modelling Expertise - proficiency in designing and managing complex financial models
- Problem-solving Acumen - evident aptitude for solving intricate, open-ended challenges with innovative solutions
- Quick Learner - capacity to rapidly grasp novel concepts and approach problems with a results-driven mindset, even in unfamiliar domains
- Collaborative Mindset - ability to collaborate effectively with diverse stakeholders, leveraging their varied experiences and competencies
- Technical Proficiency - ideally, strong familiarity with SQL and/or experience with Python
- Interest in AI - demonstrated familiarity with LLMs and generative AI
What the job involves
- We’re looking for a Commercial Associate to own the ideation and modelling of new global product ideas, in particular within our Chat Pillar
- This is a brand new role reporting to our Director of Commercial and will be the seventh person in the commercial function at Cleo, taking ideas from initial thought to delivery at scale
- Commercial Strategy - helping to set the commercial direction of the business, and prioritising the new initiatives and special projects Cleo will focus on
- Product improvement - work hand in hand with our product teams to improve our product development process
- Partnerships - assist in negotiation processes and provide insights to improve products and facilitate global growth
- Complex modeling - construct, scale, maintain, and effectively communicate intricate models that guide expansion efforts and enable data-driven choices
- Best practice - develop and promote best analytical practice within Cleo
Our take
People are increasingly not satisfied with the products being offered by traditional banks, which have proven slow to react to the needs of younger consumers who expect more from their everyday experiences.
Cleo was one of the first companies to make great use of chatbots that sit within Facebook's messenger app. This chatbot-first approach and Gen Z user base have given it strong virality. It now has millions of registered users, 99% of which are based in the US, leading to a decision to take a year break from the UK market to focus on its US Gen Z customers. And after a successful year in the US its now eyeing up a return to the UK.
Its Series C funding will help the company to double down in the US, where it will make a significant increase in employee headcount, and enable Cleo to maintain and expand its service during an economic downturn.
Financial advice delivered via bots is a crowded space, so Cleo benefits from having a strong brand presence. It has gone for very bold, fun, Gen Z-focused messaging which helps it to stand out from competitors such as Emma, Plum, and Chip.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Jun 2022
$80m
SERIES C
Dec 2020
$44m
SERIES B
Total funding: $137.5m
Company benefits
- Learning and development
- Mental health support
- Agile working
Company values
- Make it Happen
- No bullsh*t
- Learn at Speed
- Bring Good Vibes
Company HQ
London, UK
Leadership
Barnaby Hussey-Yeo
(Founder & CEO)Previously a Data Scientist at Wonga, one of the companies that pioneered the smart use of data for loan decisions. Joined Entrepreneur First where Cleo was formed.
Diversity, Equity & Inclusion at Cleo
Annie Jackson (Head of Talent )
- We’ve set up an internal committee of truly passionate people that are dedicated to ensuring Diversity and Inclusion is embedded in how we all operate as a team. We agree on meaningful actions, and get on with implementing them. We have three main focuses right now, which are:
- 1) Improving SocioEconomic diversity across the company
- 2) Increasing the number of women in Leadership roles
- 3) More community outreach
- Check out our 2022 Diversity and Inclusion report, here: https://web.meetcleo.com/blog/cleo-diversity-equity-and-inclusion-report-2022
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