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For Companies At a Glance
- Tasks: Lead innovative Open Banking initiatives and collaborate with cross-functional teams.
- Company: Join Monzo Bank, a trailblazer in transforming banking for everyone.
- Benefits: Enjoy flexible working hours, stock options, and a ÂŁ1,000 learning budget.
- Why this job: Be part of a mission-driven team that values creativity and customer impact.
- Qualifications: Experience in developing Open Banking products and leading high-impact projects required.
- Other info: Remote work options available within the UK, with a focus on diversity and inclusion.
The predicted salary is between 80000 - 120000 ÂŁ per year.
Join to apply for the Senior Product Manager, Open Banking role at Monzo Bank
Join to apply for the Senior Product Manager, Open Banking role at Monzo Bank
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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 Senior Product Manager, Open Banking
London or Remote in the UK | £95,000-£115,000 plus stock options & Benefits | Product at Monzo | Hear from the team As a Senior Product Manager in Open Banking, you will lead high-impact initiatives, to enhance Monzo’s Open Banking initiatives. As a member of Monzo’s product team, you’ll be responsible for defining the strategy and setting a high bar for impact and execution, requiring complex stakeholder alignment and coordination across multiple cross-functional teams. You’ll partner closely with directors in Product, Engineering, Data, and Design to help shape Monzo’s product strategy for Open Banking and drive innovation within the team. We’re now gearing up for our next phase of growth, from 11 million to 20 million customers. What You’ll Be Working On
- Work iteratively and collaboratively with design, engineering, research, data science, compliance and many others to refine your plan and execute against it effectively.
- Champion the growth and evolution of existing Open Banking products at Monzo, like our Connected Accounts and Easy Bank Transfers features.
- Lead the planning process and associated roadmap prioritisation ensuring alignment within the team and with wider business goals and objectives
- Shape the broader product strategy by sharing insights from your work.
- Participate in external Open Banking working groups, representing Monzo’s views on topics like commercial VRPs, and the multi-lateral agreements between participants.
That Means You’ll
- Participate in industry Open Banking working groups representing Monzo
- Own the strategic direction, balancing work to achieve long-term goals and short-term targets.
- Collaborate with engineering, design, data, user research and marketing to identify and validate new opportunities.
- Lead the planning process and associated roadmap prioritisation ensuring alignment within the team and with wider business goals and objectives.
- Create delightful experiences that solve user needs and pain points.
- Work with cross-functional partners (engineering, design, data, user research and marketing) to ensure projects are delivered on time and as planned, as well as with legal, compliance and regulatory affairs where relevant
- Communicate effectively. You get people inspired by the product vision and you share the right context with the right people at the right time.
You Should Apply If
- You’ve shipped world-class products at a fast growing company.
- You have a strong understanding and proven experience developing Open Banking products.
- You have a track record of leading the development of market-leading value propositions that drive significant growth at scale.
- You're data-driven and commercial. You have a proven track record of making an impact through experimentation and optimisation.
- You can work effectively with a diverse range of people and working styles – spanning engineering, design, data, user research, marketing, legal and compliance – to get stuff done.
- You’re able to motivate, energise and inspire people towards a common goal.
- You’re passionate about building value for customers and not just achieving business results.
- You’re intellectually honest about your work's performance, continually striving for improvement.
- You can systematically break down and solve complex problems.
- You’re able to make good decisions in complex situations where there’s often no “right answer”.
- You have the urge and resilience to challenge the status quo and make things better, and are full of creative ideas for how to do so.
- You’re a fast learner, humble and curious, and enjoy learning every day and sharing your knowledge and experience.
- You’re excited by what we’re doing at Monzo, especially the current account.
The Interview Process
Our interview process involves 3 main stages:
- Recruiter Call
- Initial Call with Hiring Manager
- Final Loop, consisting of x3 hour long interviews to assess Project Walkthrough, Case Study and Leadership
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
£95,000-£115,000 plus 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 – at least monthly – 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
If you prefer to work part-time, we'll make this happen whenever we can – whether this is to help you meet other commitments or strike a great work-life balance. 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
Seniority level
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Seniority level
Mid-Senior level
Employment type
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Employment type
Full-time
Job function
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Job function
Product Management and Marketing
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Industries
Banking
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Senior Product Manager, Open Banking (London) employer: Monzo Bank
Contact Detail:
Monzo Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Product Manager, Open Banking (London)
✨Tip Number 1
Familiarise yourself with Monzo's Open Banking initiatives and their current product offerings. Understanding their Connected Accounts and Easy Bank Transfers features will help you speak confidently about how you can contribute to their growth.
✨Tip Number 2
Network with professionals in the Open Banking space, especially those who have experience with Monzo or similar fintech companies. Engaging in relevant industry events or online forums can provide insights and connections that may benefit your application.
✨Tip Number 3
Prepare to discuss your experience with cross-functional collaboration. Highlight specific examples where you've successfully aligned diverse teams towards a common goal, as this is crucial for the Senior Product Manager role at Monzo.
✨Tip Number 4
Stay updated on the latest trends and regulations in Open Banking. Being knowledgeable about commercial VRPs and multi-lateral agreements will demonstrate your commitment to the field and your readiness to represent Monzo in external working groups.
We think you need these skills to ace Senior Product Manager, Open Banking (London)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and expectations of the Senior Product Manager role at Monzo. Tailor your application to highlight relevant experiences that align with their mission to enhance Open Banking.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in developing Open Banking products and leading cross-functional teams. Use specific examples to demonstrate how you've driven growth and innovation in previous roles.
Showcase Your Data-Driven Approach: Monzo values a data-driven mindset. Include examples of how you've used data to inform product decisions, optimise processes, or measure success in your past projects. This will resonate well with their focus on experimentation and optimisation.
Communicate Your Passion: Express your enthusiasm for Monzo's mission and the Open Banking sector in your application. Share why you're excited about the opportunity to contribute to their goals and how your values align with theirs.
How to prepare for a job interview at Monzo Bank
✨Understand Open Banking Fundamentals
Make sure you have a solid grasp of Open Banking principles and how they apply to Monzo's products. Be prepared to discuss your experience with Open Banking initiatives and how they can enhance customer experiences.
✨Showcase Your Leadership Skills
As a Senior Product Manager, you'll need to demonstrate your ability to lead cross-functional teams. Prepare examples of how you've successfully aligned stakeholders and driven projects forward in previous roles.
✨Prepare for Case Studies
Expect to tackle case studies during the interview process. Practice articulating your thought process clearly and logically, focusing on how you would approach product strategy and prioritisation in a real-world scenario.
✨Communicate Your Vision
Be ready to inspire your interviewers with your vision for Monzo's Open Banking future. Discuss how you would create delightful user experiences and solve pain points, showcasing your passion for customer-centric product development.
