Group Product Manager, Business Banking

🚀 We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking.

After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us. 

With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!

We’re not about selling products - we want to solve problems and change lives through Monzo ❤️

Hear from our UK team about what it's like working at Monzo ✨

 📍London or Remote UK |  💰 £115,000 to £150,000 + Benefits | Product at Monzo

About Business Banking at Monzo
Since its launch four years ago, Monzo Business Banking has been dedicated to delivering the very best of Monzo to small businesses. Today, it's an award-winning service, empowering over 500,000 businesses across the UK. In October, we opened our doors to bigger small businesses, ushering in the next phase of our mission to make money work for businesses

The Role
We’re looking for a Group Product Manager to lead the Spend Management domain within Business Banking. In this role you’ll define the strategy and product vision for Monzo’s Spend Management solutions focusing on introducing new features, driving product-led growth and helping our customers streamline their finances

What you’ll be doing: 

• Strategic planning: Develop a product strategy informed by customer insights, market opportunities, and business goals. Translate long-term strategies into actionable plans and prioritise effectively to maximise impact.
• Driving product development: Lead a cross-functional team to design, build, and scale products for our business customers by deeply understanding their needs and the regulatory, operational, and technical constraints.
• Leading and mentoring: As the product leader for the Spend Management domain you’ll be providing direction, supporting the team's development, and fostering a high-performing product culture.
• Cross-functional collaboration: Work iteratively with teams across design, engineering, research, data science, product marketing, compliance, and other areas to refine and execute your strategy.
• Communicating effectively: Inspire stakeholders with the product vision and share the right context with the right people at the right time.
• Shaping the collective strategy: Support the Product Director by contributing insights and building a cohesive narrative for the broader Business Banking product strategy.
• Enhancing the product discipline: As a senior member of the team, help develop the product discipline within Business Banking and across Monzo

You should apply if you:

• Have proven experience at setting, communicating and executing on a clear and ambitious strategy across multiple products, bonus if this has been in the spend management space.
• Have extensive experience shipping successful, customer-centric digital products in a fast-growing company.
• Are passionate about building products that delight customers while driving commercial success.
• Start from first principles, having built products that tackle long-standing customer problems in innovative ways, breaking from industry norms.
• Are data-driven, metrics-focused, and honest about your work’s performance, with a drive for continuous improvement.
• Are creative and capable of teasing out novel ideas and solutions from your team.
• Are comfortable collaborating across design, data, user research, marketing, and engineering disciplines.
• Excel at working with diverse teams and perspectives, thoughtfully challenging and influencing those you work with.
• Communicate clearly and persuasively to a range of audiences, structuring your messages effectively.
• Are a fast learner who is humble, curious, and eager to develop yourself and others.
• Are excited by what Monzo is building

The interview process:

Our interview process involves 4 main stages: 

• Recruiter Call 
• Initial Call with Hiring Manager 
• Experience Loop, consisting of x3 hour long interviews to assess Project Walkthrough, Case Study and Leadership.
• Final chat with a member of our leadership team

Our average process takes around 5-6 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on tech-hiring@monzo.com

What’s in it for you:

💰 £115,000 to £150,000 depending on experience ➕ stock options & benefits 

✈️ We can help you relocate to the UK 

✅ We can sponsor visas 

📍This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London).

⏰ We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.

📚 Learning budget of £1,000 a year for books, training courses and conferences

➕ And much more, see our full list of benefits here

Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2023 Diversity and Inclusion Report and 2024 Gender Pay Gap Report.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.

If you have a preferred name, please use it to apply. We don't need full or birth names at application stage 😊