At a Glance
- Tasks: Lead a team to enhance financial crime detection and prevention using data-driven strategies.
- Company: Join Monzo, a revolutionary bank focused on making money work for everyone.
- Benefits: Enjoy flexible working hours, a £1,000 learning budget, and stock options.
- Why this job: Be part of a mission-driven company that values innovation and community feedback.
- Qualifications: 4+ years in data science management, with experience leading teams and strategic decision-making.
- Other info: Remote work options available within the UK, with opportunities for relocation support.
The predicted salary is between 95000 - 110000 £ per year.
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.
About our Financial Crime Data Team: As we continue to scale, we’re looking for a Data Science Manager to lead one of our key product areas for Financial Crime. As a Data Science Manager, you’ll be working in an ever-changing environment in collaboration with Product, Risk and Engineering peers and champion the data strategy and lead a cross-functional team. You’ll help us build and improve these for now and for our future roadmap. We’re looking for a leader with hands-on experience, a data-driven strategic leader who can bring fresh thinking and new ways to inspire the team and our customers.
What you’ll be working on:
- You’ll work closely with the Product Managers, engineers, and Financial Crime control owners in an agile product environment.
- You’ll champion the use of data, bringing ideas to life through a rigorous analytical approach.
- Your work will focus on improving our efforts in financial crime detection, prevention and mitigation, ensuring we stay ahead of emerging threats and regulatory requirements.
- You’ll help your team grow, hiring new team members and supporting their personal development.
- You will manage a team with Data Scientists and Data Analysts, working together with Analytics Engineers to drive product innovation.
You should apply if:
- What we’re doing here at Monzo excites you!
- You must have at least 4 years of experience as a Data Science Manager - at least 2 of them managing a data team larger than 4 people.
- You are a strong strategic data leader and love to drive decisions.
- Strong experience with working with executive or C-level peers, managing stakeholders across levels of seniorities and disciplines.
- You know what it takes to manage top-tier Data talent.
- You’re excited by the opportunity to work autonomously to impact the future of a fast-growing, ever-evolving business.
- You’re familiar with using a variety of Data Science tools (from business intelligence, experimentation and causal inference through to machine learning), and coding languages (Python and SQL).
- You know when to pick the right tool, and can help others do the same.
- Experience in financial crime, fraud detection, or similar areas (Trust & Safety, Integrity, Security) is a plus.
The Interview Process: Our interview process involves 3 main stages. We promise not to ask you any brain teasers or trick questions!
- 30 minute recruiter call
- 45 minute call with hiring manager
- 3 x 1-hour video calls with various team members
What’s in it for you:
- 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.
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.
Data Science Manager, Financial Crime employer: Monzo
Contact Detail:
Monzo Recruiting Team
tech-hiring@monzo.com
StudySmarter Expert Advice 🤫
We think this is how you could land Data Science Manager, Financial Crime
✨Tip Number 1
Familiarise yourself with Monzo's mission and values. Understanding their commitment to making banking accessible and user-friendly will help you align your answers during interviews, showcasing how your experience and vision fit into their culture.
✨Tip Number 2
Prepare to discuss your leadership style and how you've successfully managed data teams in the past. Be ready to share specific examples of how you've developed talent and fostered a collaborative environment, as this is crucial for the Data Science Manager role.
✨Tip Number 3
Brush up on your knowledge of financial crime detection and prevention strategies. Being able to speak intelligently about current trends and challenges in this area will demonstrate your expertise and show that you're proactive about staying informed.
✨Tip Number 4
Network with current or former employees of Monzo, especially those in data roles. They can provide valuable insights into the company culture and interview process, which can help you tailor your approach and stand out as a candidate.
We think you need these skills to ace Data Science Manager, Financial Crime
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Data Science Manager position. Tailor your application to highlight relevant experience in financial crime detection and team management.
Craft a Compelling CV: Your CV should clearly showcase your experience as a Data Science Manager, particularly your leadership skills and any hands-on experience with data science tools like Python and SQL. Use quantifiable achievements to demonstrate your impact in previous roles.
Write a Tailored Cover Letter: In your cover letter, express your enthusiasm for Monzo's mission and how your background aligns with their goals. Highlight specific examples of how you've driven data-led decisions and managed teams effectively in the past.
Prepare for Interviews: Familiarise yourself with the interview process outlined by Monzo. Prepare to discuss your strategic approach to data science, your experience with executive stakeholders, and how you can contribute to their financial crime strategy.
How to prepare for a job interview at Monzo
✨Understand the Company Mission
Before your interview, make sure you fully grasp Monzo's mission to simplify banking for everyone. Familiarise yourself with their products and how they aim to solve financial problems. This will help you align your answers with their values during the interview.
✨Showcase Your Leadership Experience
As a Data Science Manager, you'll need to demonstrate your ability to lead a team effectively. Prepare examples of how you've managed teams in the past, focusing on your strategies for hiring, developing talent, and fostering a collaborative environment.
✨Prepare for Technical Questions
Expect questions related to data science tools and methodologies, especially those relevant to financial crime detection. Brush up on your knowledge of Python, SQL, and any other tools mentioned in the job description, and be ready to discuss how you've applied them in real-world scenarios.
✨Engage with the Interviewers
During the interview, don't hesitate to ask insightful questions about the team dynamics, current projects, and future challenges in financial crime. This shows your genuine interest in the role and helps you assess if Monzo is the right fit for you.