At a Glance
- Tasks: Lead product strategy for subscriptions, ensuring user satisfaction and driving engagement.
- Company: Join Monzo, a bank on a mission to make money work for everyone, with a focus on community feedback.
- Benefits: Enjoy a competitive salary, stock options, flexible hours, and a £1,000 learning budget.
- Why this job: Be part of a team that values innovation and customer impact while shaping the future of banking.
- Qualifications: Experience in product management, data-driven decision-making, and collaboration across diverse teams required.
- Other info: Remote work available within the UK, with opportunities for part-time arrangements.
The predicted salary is between 68000 - 86000 £ per year.
London or Remote in the UK | £85,000-£108,000 plus stock options & Benefits | Product at Monzo
We’re on a mission to make money work for everyone. We’re here to make money work for everyone and we’re doing things differently. For too long, banking has been obtuse, complex and opaque. We want to change that and build a bank with everyone, for everyone. Our amazing community suggests features, tests the app, and gives us constant feedback so we can build something everyone loves. We’re focused on solving problems, rather than selling financial products. We want to make the world a better place and change people's lives through Monzo.
About Subscriptions Partnerships: We’re looking to hire a Product Manager to join our Subscriptions team! This team is responsible for all of our subscriptions products, including the recently launched Extra, Perks, and Max! The number of subscribers has grown substantially over the last few years since launch, and we’re now looking to scale and accelerate them through the next phase of growth. Our partnerships are the key to driving that!
What you’ll be working on:
- As a Product Manager for Subscriptions, you’ll ensure that we continue to meet and exceed the needs and expectations of our subscribers, delivering more value to them and driving continued engagement.
- You’ll own and drive our partnership work, which is a key part of our value proposition.
- Create a product strategy for your area, balancing work to create long-term growth and engagement, and work to hit short-term targets.
- Collaborate with engineering, design, data, user research, partnerships, and marketing to identify and validate new opportunities.
- Work with them to ensure projects are delivered on time and as planned, as well as with legal, compliance, and regulatory affairs where relevant.
- Lead the planning process and associated roadmap prioritization ensuring alignment within the team and with wider business goals and objectives.
- Create delightful experiences that solve user needs and pain points.
- Work with partners to integrate into their experiences.
- 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 track record of building market-leading value propositions that drive significant growth and engagement.
- Ideally, you’ve worked with partners before and have experience in integrations.
- You’re data-driven and commercial.
- You have a proven track record of making an impact through experimentation and optimization.
- You can work effectively with a diverse range of people and working styles - spanning engineering, design, data, user research, marketing, partnerships, legal, and compliance - to get stuff done.
- You’re able to motivate, energize, 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 4 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.
- A final stage with a VP or CPO within the Product 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:
- £85,000-£108,000 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.
Product Manager, Subscriptions Partnerships employer: Monzo Bank
Contact Detail:
Monzo Bank Recruiting Team
tech-hiring@monzo.com
StudySmarter Expert Advice 🤫
We think this is how you could land Product Manager, Subscriptions Partnerships
✨Tip Number 1
Familiarise yourself with Monzo's mission and values. Understanding their commitment to making money work for everyone will help you align your answers during interviews and demonstrate your passion for their vision.
✨Tip Number 2
Research the current subscriptions products like Extra, Perks, and Max. Being knowledgeable about these offerings will allow you to discuss potential improvements or new ideas during your interviews, showcasing your proactive thinking.
✨Tip Number 3
Prepare examples of how you've successfully collaborated with cross-functional teams in the past. Highlighting your experience in working with diverse groups will show that you can effectively drive projects forward at Monzo.
✨Tip Number 4
Practice articulating your data-driven decision-making process. Since the role requires a commercial mindset, being able to explain how you've used data to inform product strategies will set you apart from other candidates.
We think you need these skills to ace Product Manager, Subscriptions Partnerships
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in product management, particularly in subscriptions or partnerships. Use specific examples of products you've shipped and the impact they had on growth and engagement.
Craft a Compelling Cover Letter: In your cover letter, express your passion for Monzo's mission and how your values align with theirs. Discuss your experience with partnerships and integrations, and how you can contribute to their subscription products.
Showcase Data-Driven Achievements: Include quantifiable achievements in your application that demonstrate your data-driven approach. Highlight any successful experiments or optimisations you've led that resulted in significant growth.
Prepare for the Interview Process: Familiarise yourself with the interview stages outlined in the job description. Prepare to discuss your project experiences, case studies, and leadership skills, ensuring you can articulate your thought process and decision-making in complex situations.
How to prepare for a job interview at Monzo Bank
✨Understand Monzo's Mission
Before your interview, make sure you fully grasp Monzo's mission to make money work for everyone. Be prepared to discuss how your values align with this mission and how you can contribute to building a bank that prioritises user experience over traditional financial products.
✨Showcase Your Product Management Experience
Highlight your previous experience in product management, especially in fast-growing companies. Be ready to share specific examples of world-class products you've shipped and how they drove growth and engagement, particularly in subscription models.
✨Prepare for the Case Study
The final loop includes a case study, so practice structuring your thoughts and presenting your ideas clearly. Focus on how you would approach creating a product strategy for subscriptions, balancing long-term growth with short-term targets, and be ready to discuss potential partnerships.
✨Demonstrate Collaboration Skills
Since the role involves working with diverse teams, prepare examples that showcase your ability to collaborate effectively across different functions like engineering, design, and marketing. Emphasise your communication skills and how you inspire others towards a common goal.