At a Glance
- Tasks: Lead sourcing processes and negotiate commercial terms to drive value.
- Company: Join Monzo, a forward-thinking bank revolutionising finance for everyone.
- Benefits: Competitive salary, flexible hours, learning budget, and remote work setup.
- Other info: Embrace diversity and grow in an inclusive culture at Monzo.
- Why this job: Make a real impact in a dynamic environment while developing your procurement skills.
- Qualifications: Experience in sourcing processes and strong stakeholder engagement skills.
The predicted salary is between 40000 - 52000 £ per year.
We're waving goodbye to the complicated and confusing ways of traditional banking. 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!
Our Procurement team at Monzo is evolving into a proactive, strategic partner to the business - one that shapes commercial decisions, enables scale, and delivers meaningful long-term value. We're hiring a Buyer to join the team. This role will align to a defined category/collective and focus on delivering strong sourcing and commercial outcomes.
- Leading end-to-end sourcing processes within your aligned category, operating with a high degree of autonomy and accountability.
- Navigating complex trade-offs, applying sound commercial judgement to balance risk, cost, value and long-term strategy.
- Running competitive events and negotiating commercial terms that deliver measurable value.
- Owning contract execution and renewal planning, proactively managing timelines and dependencies.
- Translating stakeholder requirements into clear, commercially robust solutions - challenging constructively where needed.
- Aligning and, where necessary, realigning stakeholders to drive clarity, momentum and confident decision-making.
- Identifying and delivering opportunities to improve commercial outcomes within your remit through insight, influence and independent thinking.
This role offers the opportunity to align to a category and develop deeper expertise over time, building both commercial depth and strategic influence. We're primarily looking for strong procurement fundamentals and the ability to apply them thoughtfully in new contexts.
- Have experience running end-to-end sourcing processes and negotiating commercial terms, always seeking to understand the commercial rationale behind decisions.
- Understand core procurement principles and can clearly articulate commercial trade-offs - balancing cost, risk, value and long-term impact.
- Naturally curious, seeking to understand the 'why' behind decisions and constructively challenging assumptions to drive stronger commercial outcomes.
- Are comfortable applying your skills across different spend areas, adapting your approach to new contexts with sound judgement.
- Have experience working closely with stakeholders, guiding and influencing commercial conversations with confidence.
- Thrive in fast-paced environments and enjoy solving practical commercial challenges with curiosity and ownership.
- You're curious about and comfortable using AI tools (like Gemini or Claude) to power up your research and analysis.
What's in it for you:
- £40,000 - £52,000 + Incentive Awards tied to your performance.
- 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, and at times that suit you and your team.
- £1,000 learning budget each year to use on books, training courses and conferences.
- We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup.
The application journey has 3 key steps:
- 30 min call with the Recruiter.
- 30 min initial call with the Hiring Manager.
- 2 hours of technical and behavioural interviews.
This process should take around 4 weeks - your schedule is really important to us, so we promise to be as flexible as possible!
We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. Please submit your application as soon as possible to make sure you don't miss out.
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.
Supply Chain Specialist (home-based) in London employer: Monzo Bank
Monzo Bank is an exceptional employer that champions flexibility and inclusivity, making it an ideal workplace for those seeking a high-impact role in London. With a strong focus on employee growth, Monzo offers competitive salaries, performance-related incentives, and a collaborative culture that empowers individuals to drive strategic initiatives and tackle complex challenges. Join a team where your contributions are valued, and you can thrive in a supportive environment that embraces diversity.
StudySmarter Expert Advice🤫
We think this is how you could land Supply Chain Specialist (home-based) in London
✨Join Supply Chain Meetups
Get yourself out there by attending supply chain meetups and industry events. It's a great way to meet fellow professionals, learn about trends, and maybe even hear about job openings before they’re posted online.
✨Show Off Your Skills on LinkedIn
Don’t just sit back and wait for opportunities! Post insights or articles on LinkedIn about supply chain challenges or solutions you’re passionate about. This not only showcases your expertise but can catch the eye of recruiters looking for someone like you.
✨Engage with Supply Chain Communities
Dive into online communities related to supply chain operations like forums or groups on Reddit and LinkedIn. Engaging in discussions can help you network, get advice, and you might even stumble upon some hidden job opportunities.
✨Apply through Our Website
When you spot a position at Monzo Bank, make sure to apply through our website directly. It's often the quickest way to get your application in front of the right people and show that you’re genuinely interested in the role of Supply Chain Specialist (home-based).
We think you need these skills to ace Supply Chain Specialist (home-based) in London
Some tips for your application 🫡
Show Your Supply Chain Savvy:Make sure to highlight your relevant experience in supply chain operations. Whether it’s managing logistics or coordinating with suppliers, we want to see examples of how you've navigated the complexities of the supply chain. Concrete achievements, like reducing costs or improving delivery times, will definitely catch our eye!
Quantify Your Impact:When listing your previous roles on your CV, go for numbers! Mention percentages or actual figures where possible—like how much you've improved efficiency or reduced waste. It's all about showing us the tangible impact you've made in your past positions in supply chain operations.
Tailor Your Cover Letter:In your cover letter, don’t just regurgitate your CV. Instead, connect your experiences specifically to the role at Monzo Bank. Share why you're passionate about supply chain operations and how this full-time role aligns with your career goals—I mean, who wouldn’t want to hear that!
Research and Reflect:Before you apply, take some time to research Monzo Bank and its supply chain operations. Reflect on how your skills and experiences can fit into their operations. Being able to discuss their challenges and how you can contribute to solving them in your application will really make you stand out!
How to prepare for a job interview at Monzo Bank
✨Know Your Basics in Supply Chain Management
Make sure you've got a solid grasp of key supply chain concepts like demand forecasting, inventory management, and logistics. We could be quizzed on these during technical rounds, so brush up on any software tools commonly used in the industry like SAP or Oracle. This knowledge will help us show we can hit the ground running!
✨Show Off Your Analytical Skills
Prepare to discuss real-world scenarios where you've used data analysis to solve supply chain challenges. If you've got experience with tools like Excel or Tableau, get ready to talk about how you've used these to optimise processes or improve efficiencies. Employers love seeing that we can turn data into actionable insights!
✨Highlight Your Teamwork and Project Management Skills
In a full-time role, collaboration is key. Think of examples where you've worked on cross-functional teams or managed projects. Sharing how you navigated challenges while working with diverse groups will show that we can thrive in a dynamic environment like at Monzo Bank.
✨Research Specific Challenges Faced by Monzo Bank
Look into any unique supply chain challenges Monzo Bank might be facing, whether it's sustainability, supplier relationships, or global disruptions. Being prepared to discuss these topics shows that we're not only informed but also genuinely interested in how we can contribute to their success. That’s a big plus in any interview!
