Associate Data Scientist Intern, Monzo
£40k
Salary show is pro rata
More information about location
2 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
£40k
Salary show is pro rata
More information about location
2 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 are completing a degree in STEM or Computer Science with exposure to programming and are graduating in 2027
- You enjoy learning about new technologies and have a passion for problem-solving
- You are available full-time for a minimum of 12 weeks between June and September 2026, we will have two start dates in June for you to choose
- You have the full right to work in the UK with no limitations during the 12 weeks
- You can work from our London office on a hybrid basis to collaborate with your team and mentor, as well as attend intern events over the summer
What the job involves
- As a Data intern at Monzo, you’ll be matched with a team where you’ll spend the summer working on a real project for our customers
- You’ll have the opportunity to work alongside Data teams to learn more about what Data we analyse and how we use it to solve challenges at Monzo on a day-to-day basis
- Learning about commercial products and how decisions using data can unlock more value for our customers
- Experimenting and utilising new data techniques to solve challenging problems
- Turning raw data into customer stories through models, analysis and visualisations that shape our product and app design
- Understanding the nuances of our data and are excited about laying the key foundational knowledge for our new products and features
- What you’ll get exposure to:
- Python for data wrangling, analysis and building predictive solutions
- SQL for data modelling and gathering raw data
- Looker for data visualisation
- Spreadsheets for data analyses
Application process
- Our application process involves three main stages:
- Submit your application with the short questions answered
- If you’re successful, we’ll invite you to complete an exercise to demonstrate your programming and problem-solving skills
- If all goes well, you’ll have your final interviews with members of our data team via Google Meet
- The closing date for applications is 14 November 2025, but we encourage you to apply as soon as possible as we will be extending offers on a rolling basis
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
$464m
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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