Head of Banking Partnerships & Operations, Cleo

£98-128k

+ Equity

Senior and Expert level
London

1-2 days a week in office

Cleo

AI personal finance assistant

Job no longer available

Cleo

AI personal finance assistant

201-500 employees

FintechB2CArtificial IntelligenceBankingPersonal financeFinancial ServicesSaaS

Job no longer available

£98-128k

+ Equity

Senior and Expert level
London

1-2 days a week in office

201-500 employees

FintechB2CArtificial IntelligenceBankingPersonal financeFinancial ServicesSaaS

Company mission

To help millions of people improve their financial health, and relate to them in a way their banks never could.

Role

Who you are

  • You have worked in partnerships, operations or with third party banking providers
  • You have worked within a financial technology company and/or have experience in the financial technology sector, 8+ years experience
  • You have led teams of 4+ people, and have experience managing across a horizontal business, and experience in leadership functions
  • You have participated in a senior leadership function, helping drive strategy and making clear business decisions
  • You can demonstrate a sharp analytical mind, and the ability to identify root-cause issues
  • You have the ability to distill complex issues into structured frameworks and action plans, and communicate them clearly across company disciplines
  • You’re good at working from 0-1 on problems and can share examples of teams or operational processes and systems that you have led from idea to execution

Desirable

  • You have worked in consumer lending, in cards before, and know how to operate at a fast pace with care
  • You have worked at a VC-backed startup before, and seen hyper-growth in action
  • You have managed sensitive commercial relationships with external vendors successfully, and can give examples of where you made a tangible business or customer impact through your relationships with these vendors
  • You have experience improving processes and efficiency for customer-facing teams
  • Experience in project management

What the job involves

  • As the Head of Banking Partnerships and Operations, you will be a crucial part of the team scaling Cleo
  • Your focus will be on operationalizing our card, direct deposit, and savings programs, and all future banking-related products, working closely with external partners, as well as product, engineering and customer support teams
  • This role reports into the Director of Operations & Partnerships
  • Leading: You will be responsible for leading the team that supports all the banking partners and their operations, including but not limited to, banking partner & processing relationship management, complaints, disputes, audits and more
  • Operations Excellence: Working to elevate the visibility, performance, and importance of operations across the company, expanding current remit, and strengthening cross-functional relationships - including integration with product, engineering and more. Serving as a central hub of all resource and knowledge around operations and securing resources to enable operations and product teams
  • Collaboration & building a tight ship: You are the glue between product and Cleo’s external banking partners, not only will you ensure a seamless flow of information and delivery, you will also build processes to simplify and improve the collaboration between the two
  • Partnerships: You will oversee the management of all the relationships with our external banking partners to serve complex financial products, overseeing the day-to-day management of tasks, issue escalation and fraud/compliance oversight
  • Credit Card and Banking Operations: You will oversee all of the normal operations behind banking products, including audits, testing, quality assurance, as well as traditional credit operations including disputes, complaint management, credit reporting and more
  • Product ops: Your team serves as the glue between the product, operations and compliance structure - you will oversee and help build out processes, success measures and executing on initiatives to operationalize Cleo’s banking operations, improve our systems and hit OKRs

Salary benchmarks

Our take

People are increasingly not satisfied with the products being offered by traditional banks, which have proven slow to react to the needs of younger consumers who expect more from their everyday experiences.

Cleo was one of the first companies to make great use of chatbots that sit within Facebook's messenger app. This chatbot-first approach and Gen Z user base have given it strong virality. It now has millions of registered users, 99% of which are based in the US, leading to a decision to take a year break from the UK market to focus on its US Gen Z customers.

Its Series C funding will help the company to double down in the US, where it will make a significant increase in employee headcount, and enable Cleo to maintain and expand its service during an economic downturn.

Financial advice delivered via bots is a crowded space, so Cleo benefits from having a strong brand presence. It has gone for very bold, fun, Gen Z-focused messaging which helps it to stand out from competitors such as Emma, Plum, and Chip.

Kirsty headshot

Kirsty

Company Specialist

Insights

Rocket List 2021
Top investors

Many candidates hear
back within 2 weeks

43% female employees

24% employee growth in 12 months

Company

Employee endorsements

Nice people

"Cleople are unmatched. The vibes, the energy, the friendships. I genuinely love my colleagues and have developed real-life friendships. I don't know..."

Funding (last 2 of 5 rounds)

Jun 2022

$80m

SERIES C

Dec 2020

$44m

SERIES B

Total funding: $137.5m

Company benefits

  • 25 days of Annual leave a year + public holidays (+ an additional day for every year you spend at Cleo)
  • 401k matching in the US and 6% employer-matched pension in the UK
  • Online courses, £150 annual budget & internal training to level up your skills
  • Regular socials and activities, online and in-person
  • Online mental health support via Spill
  • 1 month paid sabbatical after every 4 years with Cleo
  • OpenAI Plus subscription
  • Electric vehicle salary sacrifice scheme and cycle-to-work scheme
  • Life assurance and income protection via AIG
  • Medical insurance via Axa and Healthcare cash plan via Medicash
  • Performance reviews every 8 months. Generous pay increases for high performers and high-growth team members. Equity top-ups for team members getting promoted

Company values

  • Make it Happen
  • Learn at Speed
  • Bring Good Vibes

Company HQ

London, UK

Founders

Data Scientist at Wonga, one of the companies that pioneered the smart use of data for loan decisions. Joined Entrepreneur First where Cleo was formed.


People progressing

Joined Cleo straight from Makers Academy in 2018, and became Technical Lead in 2021.

Diversity & Inclusion at Cleo

Annie Jackson (Head of Talent )

  • We’ve set up an internal committee of truly passionate people that are dedicated to ensuring Diversity and Inclusion is embedded in how we all operate as a team. We agree on meaningful actions, and get on with implementing them. We have three main focuses right now, which are:
  • 1) Improving SocioEconomic diversity across the company
  • 2) Increasing the number of women in Leadership roles
  • 3) More community outreach
  • Check out our 2022 Diversity and Inclusion report, here: https://web.meetcleo.com/blog/cleo-diversity-equity-and-inclusion-report-2022

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