Special Projects Associate

3 Hours ago • All levels • $55,000 PA - $70,000 PA

Job Summary

Job Description

Monzo is on a mission to simplify traditional banking, offering a wide range of products including personal and business accounts, joint accounts, accounts for young people, and credit cards. They aim to solve problems and improve lives through their services. The Special Projects Team is a small, high-impact group focused on commercially minded, strategic, and analytically driven projects. The role involves shaping and delivering business outcome-focused projects for C-suite and senior stakeholders across various departments. Success requires solving ambiguous business problems with analytical rigor, commercial viability, and execution effectiveness. Responsibilities include planning and executing cross-functional projects, developing and tracking KPIs, conducting research, analyzing data and customer needs, preparing presentations, coordinating with teams, and identifying/mitigating risks. The ideal candidate possesses a founder mindset, challenges the status quo, is a persuasive communicator, thrives in ambiguity, and approaches problems with a structured, data-led approach. Bonus experience includes working in high-growth companies on zero-to-one projects and business transformation.
Must have:
  • Founder mindset and ownership
  • Urge to challenge status quo
  • Persuasive communication skills
  • Thrive in ambiguity
  • Structured, data-led approach
  • Understand complex problems
  • Self-starter
  • Data-driven and numerate
  • Humble and excited by Monzo's mission
Good to have:
  • Experience in zero to one projects
  • Experience in business transformation and strategy
Perks:
  • Stock options
  • Relocation assistance to the UK
  • Visa sponsorship
  • Flexible working hours
  • Learning budget of 1,000 GBP per year

Job Details

🚀 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 (UK) | 💰£55,000 - £70,000 + options + Benefits | Hear from the team ✨|

About our Special Projects Team:

You will be part of a small and high impact team of commercially minded, strategic, and analytically driven generalists. We shape and deliver trajectory-changing and business outcome focused projects across teams and at the Monzo level for C-Suite, GMs and senior stakeholders in the different parts of our business like Core Banking, Borrowing, Wealth, Business Banking, Operations, etc.

To succeed, you should be excited about solving tough, ambiguous business problems with analytical rigour, commercial viability and execution effectiveness.  You’ll be working on a wide range of projects, collaborating with partners and colleagues across areas like product, data and marketing; operating in a high pace and ambiguous environment. 

Examples of projects our team delivers include: seeding new products and business lines, delivering business transformation initiatives, expansion into new geographies, super-charging product growth, M&A, and high-impact partnerships.

We'd want you to apply if you are underwhelmed by the status quo of banking and finance today and are interested in bringing your brainpower, commercial and quantitative skills and grit to creating something better.

Your day to day might look like:

  • Support the planning and execution of cross-functional projects, ensuring alignment with timelines and deliverables, tracking progress and maintaining documentation
  • Assist in developing and tracking project plans, KPIs, and success metrics, ensuring timely progress and measurable results.
  • Conduct research and gather data to inform decision-making and project strategies.
  • Analyse data, customer needs, market, competitive insights and run data and commercial analyses to inform strategic decision-making
  • Prepare presentations, reports, and summaries for stakeholders and leadership teams.
  • Coordinate and collaborate with internal teams and external partners to ensure effective communication and joint problem solving.
  • Identify and flag potential risks or challenges, proposing solutions to mitigate them where possible.

You should apply if:

  • You have a founder mindset and take ownership of your work
  • You have the urge and resilience to challenge the status quo and make things better
  • You’re a persuasive communicator who can inspire stakeholders and influence decisions and project outcomes.
  • You thrive in ambiguity, ask incisive questions and take a structured and data-led approach to problem-solving
  • You're in your element understanding and solving complex problems, whether it is going deep into data or based on regulation, legal documents, business processes, user needs, or technology. You’re a self starter, happy to work scrappily and proactively get things started and then thoughtful and meticulous in setting them up to success.
  • You're data-driven, numerate and logic oriented
  • You're humble but excited by what we're doing at Monzo

The following would be a bonus:

  • Experience working in a high growth company on zero to one projects and products
  • Experience working on business transformation and strategy

The Interview Process:

Our interview process consists of four main stages with a total of six interviews:

  • Recruiter Call – 30 minutes
  • Initial Call – 30 minutes
  • Take-Home Task – Completed independently
  • Final Interviews:
    • Two live case study interviews (60 minutes each)
    • One behavioral interview (60 minutes)

Our average process takes around 2-3 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 hiring process, but if you do have any specific questions before this please contact us on business-hiring@monzo.com. Please also use that email to let us know if there's anything we can do to make your application process easier for you, because of disability, neurodiversity or any other personal reason.

What’s in it for you:

💰 £55,000 - £70,000 ➕ stock options 

✈️ We can help you relocate to the UK 

✅ We can sponsor visas

📍 This role will be based out of our London office next to Liverpool Street station (a hybrid of office based and home working)

⏰ 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 Opportunity Statement

We are actively creating an equitable environment for every Monzonaut to thrive.

Diversity and inclusion are a priority for us and we are making sure we have lots of support for all of our people to grow at Monzo. At Monzo, embracing diversity in all of its forms and 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, 2022 Diversity and Inclusion Report and 2023 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.

#LI-KS1


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, 2024 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 😊

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About The Company

We’re building the best bank in the world - a bank you'd be proud to use - and that means bringing together a talented team with diverse experiences, backgrounds and skills. We believe there should be an alternative to the banking of the past: we're focused on solving problems, rather than selling financial products, making your financial life simpler, and giving you complete control from your smartphone. Internally, we encourage an open, collaborative, inclusive working environment. We contribute to open source software, and we continually engage with our wonderful community. We’re hiring talented, creative problem-solvers to help us build the bank of the future.

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