Senior Staff Engineer, Monzo
Platform
£135-184k
+ Share 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
£135-184k
+ Share 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
- Software engineering foundations. You have significant professional experience in software engineering, demonstrated by writing, testing, and deploying robust backend services using strongly typed languages
- Cloud and container experience. You have hands-on experience working with AWS and/or GCP, and you are proficient with Kubernetes. We’re looking for someone with deep experience designing and maintaining global, resilient systems in the cloud
- Automation and Infrastructure as Code. You are naturally inclined to solve problems through automation and have experience with Infrastructure as Code (e.g., Terraform)
- System curiosity: You are deeply curious about systems, enjoy diving deep to investigate complex issues, and understand how modern distributed applications fail and scale
- Platform mindset: You're excited to build a platform that enables success for everyone at Monzo, focusing on reliability, performance, and developer experience
- You're comfortable working in a fast-paced team that deals with ambiguity and evolving requirements
- You have a track record of technical excellence, delivering resilient systems, ideally behind consumer products
- You have technically led large teams to solve complex product challenges and manage trade-offs
- You have experience working on Backend Systems, Data-intensive systems or real-world ML deployments
- You want to be involved in building and protecting a product that you (and over 13 million others) use
- You have a quantitative mindset: you care about outcomes and you 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
What the job involves
- This role sits in our Platform collective. Our Platform team includes over 75 technical staff (Platform Engineers, Backend Engineers, ML Engineers, Mobile Engineers, Web Engineers, Analytics Engineers, and Data Scientists)
- Our mission is to help Monzo scale effectively, empowering our technology teams to build magical experiences for our customers all over the world
- We do this by providing a highly available, reliable, secure, compliant, and performant platform of data, software, and infrastructure solutions that:
- Meet the needs of our growing business
- Accelerate the productivity of Monzo engineers, data scientists, and data users
- Maintain cost-efficiency that is at most linear to the growth of our business
- A Senior Staff Engineer at Monzo is a technical (IC) leadership position
- You will have company-wide influence, working with other collectives to grow Monzo
- In this role you’ll be focused on improving our platform resilience
- You’ll sit at the intersection of our platform and product engineering teams to make it easier for engineers to build resilient systems; improving our platform abstractions and tooling in the process
- Expect to be hands on and deeply technical with code and infrastructure, using your software engineering and system building skills and expertise to lean in and solve deep technical challenges
- Partner with the Engineering Director for Platform and other ICs to provide technical leadership around resiliency across Monzo
- Build a deep understanding of our platform and then work to strengthen the reliability surface that sits between teams - building and enhancing the tools, patterns and guardrails that make resilient choices the easy ones
- Promote and maintain a culture where every engineer feels supported to design, build and operate reliable systems that work on a global scale
- Understand several work-streams across your group, keeping enough context to regularly provide technical advice and challenge 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
- Championing high standards by celebrating success and providing constructive feedback to help the team improve
- Foster a culture of quality within your collective. Proactively champion measures to test work, and make this easy
- Pro-actively mentor, sponsor and up-level engineers
Application process
- Recruiter Call
- Initial Call
- System Design Interview
- Take home task or pair coding exercise
- Final interview including a behavioural and a leadership interview
- This process should take around 3-4 weeks - your schedule is really important to us, so we promise to be as flexible as possible!
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
$449.5m
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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