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Senior Data Scientist, Payments

Monzo Bank

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Posted over 30 days ago...

Join Monzo's quest to revolutionize banking with your data science expertise and create an exceptional user experience

Overview

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No salary declared 😔

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Cardiff, London or Remote (UK)

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Expires at anytime

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Visa sponsor - UK

Monzo is changing the face of banking with its customer-centric approach, innovative features, and rapid growth, boasting over 9 million users. As a challenger bank, Monzo offers a fair, transparent banking experience that users love, with a strong emphasis on data-driven decisions and a culture that supports professional growth and personal impact.

  • Work within a cross-functional team to enhance Monzo's payments system, ensuring it remains engaging, trustworthy, and simple for users.
  • Apply analytics, data science, and storytelling to understand customer needs and drive product improvements.
  • Lead A/B testing initiatives and collaborate with engineers to maintain high-quality data collection.
  • Passion for Monzo's mission and impact on customers and colleagues.
  • Commercially savvy with an ability to translate data into business insights.
  • Self-motivated with a strategic mindset and excellent teamwork skills.
  • Proficient in SQL, Looker, Python, and large-scale A/B testing, preferably with a background in mobile app engagement or payments.
  • Strong presentation and communication skills.

The hiring process includes a chat with a recruiter, an initial call with the hiring manager, a take-home task, and final interviews with case studies and collaboration discussions. Monzo values flexibility, offering relocation and visa sponsorship, distributed working within the UK, and flexible working hours, along with a £1,000 learning budget and more benefits. Monzo champions diversity, inclusion, and equal opportunities in its hiring practices.

🚀 We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking. 

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 team about what it's like working at Monzo


📍London | UK remote | Benefits | Hear from the team

About our Data Science Team:

We're looking for a Senior Data Scientist excited to help build the bank of the future. You'll have the opportunity to super charge our user experience in 2024 and help us to build a bank that customers truly love.

At Monzo, we're building a bank that is fair, transparent and a delight to use. We’re growing extremely fast and have over 9 million customers in the UK, with over 100,000 new people joining every month. We’ve built a product that people love and more than 80% of our growth comes from word of mouth and referrals.

Enable Monzo to Make Better Decisions, Faster

We have a strong culture of data-driven decision making across the whole company. And we're great believers in powerful, real-time analytics and empowerment of the wider business. All our data lives in one place and is super easy to use. 90% of day-to-day data-driven decisions are covered by self-serve analytics through Looker which gives data scientists the head space to focus on more impactful business questions and analyses.

What you’ll be working on 

You will work together with a cross functional team (PM, UX/design, Engineering and of course other Data Scientists, Analysts and Analytics Engineers) to make Monzo the place where customers move, send and receive money in a way that feels magical!  Our ambition is to be the customer’s `top of wallet` card to pay in person, online, and while travelling.  We think Payments should be engaging, trustworthy, and remarkably simple.

Your day-to-day   

  • Applying your expertise in analytics, data science, and data storytelling  to build a comprehensive understanding of our customers, identifying their needs and behaviours to improve product offerings and customer experience.
  • Utilise existing data to support and inform customer research, enhancing insights and guiding strategic decisions.
  • Guide and enable Payments teams to measure things that matter; ensure our business metrics are appropriate and that our event tracking is robust enough to power insights into customer behaviours.
  • Initiate or help run A/B experiments to keep improving everything we do
  • Liaise with engineers to keep making sure we collect the right data to produce relevant business insights

You should apply if:

What we’re doing here at Monzo excites you!

  • You're impact driven and eager to have a real positive impact on the company, product, users and very importantly your colleagues as well
  • You're commercially minded and can put numbers into business perspective
  • You’re as comfortable getting hands-on as taking a step back and thinking strategically
  • You have a self-starter mindset; you proactively identify issues and opportunities and tackle them without being told to do so
  • You're a team player whom your colleagues can rely on
  • You have solid grounding in SQL, Looker, and preferably Python
  • You have experience in conducting large-scale A/B experiments, ideally those focused on driving user engagement in mobile applications or bring deep expertise of the payments domain.
  • You have excellent presentation and communication skills and get excited to turn data into stories accessible for stakeholders.

The Interview Process:

Our interview process involves three main stages: 

  1. Chat with a recruiter
  2. Initial Call with the Hiring Manager 
  3. A take home task  
  4. Final interviews including a case study and collaboration interview 

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 process but if you 

do have any specific questions or want to talk through reasonable adjustments ahead of or during application please us at any point on [email removed - click apply for more details] 

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

➕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.

#LI-NB2  #LI-Remote


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, 2023 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.

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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