Business Sourcer, Monzo
12 Month Fixed-Term Contract
€50-60k
+ Share options
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
€50-60k
+ Share options
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 have a minimum of 3 years of experience in a recruitment, talent acquisition, or a related business support role, with a strong interest in sourcing. Experience in a fast-paced or high-growth environment is a plus
- You have a solid understanding of various sourcing methodologies and tools, with a genuine curiosity to learn and experiment with new approaches
- You have excellent written and verbal communication skills, with the ability to articulate complex information clearly and concisely. You'll be comfortable crafting engaging outreach messages
- You have strong interpersonal skills with the ability to build rapport and trust with candidates and internal stakeholders
- You have proactive and solutions-oriented mindset, with the ability to independently identify and resolve challenges
- You have exceptional organisational skills and a keen eye for detail, managing multiple priorities effectively
- You have an aptitude for using data to inform decisions and measure success
- You have a genuine interest in Monzo's mission, values, and the fintech industry
- You are eager to learn, develop new skills, and contribute to a growing team
What the job involves
- As a Business Sourcer at Monzo, you'll play a crucial role in the early stages of our recruitment process, helping us identify and engage top talent for a variety of business-focused roles across our Dublin hub and wider Monzo teams.
- This is an excellent opportunity for someone early in their career to gain valuable experience in talent acquisition within a fast-paced and innovative fintech environment.
- You'll be instrumental in building diverse candidate pipelines and ensuring a positive candidate experience from the very first touchpoint
- Proactive Sourcing: Utilising a range of sourcing tools and techniques (e.g., LinkedIn Recruiter, Boolean search, professional networks, industry events) to identify and attract passive candidates for various business functions (e.g., Operations, Risk, Compliance, Product, Marketing, People)
- Candidate Engagement: Crafting compelling outreach messages that resonate with potential candidates and showcase Monzo's unique culture and opportunities
- Pipeline Management: Building and maintaining robust talent pipelines for current and future hiring needs, ensuring a diverse and inclusive candidate pool
- Market Research: Staying up-to-date with industry trends, market insights, and competitor landscapes to inform sourcing strategies
- Data & Reporting: Tracking and analysing sourcing metrics to identify areas for improvement and report on progress
- Collaboration: Working closely with Recruiters and Hiring Managers to understand role requirements, ideal candidate profiles, and recruitment priorities
- Candidate Experience: Ensuring a positive and seamless experience for all candidates throughout the initial stages of the recruitment process
- Branding: Acting as an ambassador for Monzo, promoting our values and unique culture to prospective candidates
Application process
- A call with a Recruiter
- An initial call with the hiring manager
- A final round of behavioural and role specific interviews with key stakeholders
- This process should take around 2-3 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
$455.6m
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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