Personal Banking Team Manager, Monzo

£30.8-37.9k

+ share options

Mid and Senior level
London
Remote from UK
Monzo

Digital-only bank platform and marketplace

Job no longer available

Monzo

Digital-only bank platform and marketplace

1001+ employees

FintechB2CB2BBankingMarketplacePersonal financeFinancial ServicesMobile

Job no longer available

£30.8-37.9k

+ share options

Mid and Senior level
London
Remote from UK

1001+ employees

FintechB2CB2BBankingMarketplacePersonal financeFinancial ServicesMobile

Company mission

To build a new kind of bank that makes money work for everyone.

Role

Who you are

  • Experienced in providing thoughtful, empathetic management, supporting individuals while driving performance
  • Passionate about developing people and managing performance effectively
  • Understanding of business needs and the role we play in meeting service delivery obligations
  • Skilled at providing direction and motivation, navigating change, and driving a clear vision forward, even in ambiguous or changing situations
  • Confident in handling difficult conversations, including absence and wellbeing management
  • A proactive self-starter who takes initiative and stays curious
  • Hands-on and solutions-focused, able to spot and resolve problems while adapting to shifting priorities

What the job involves

  • Our Customer Operations (COps) are all about Customer Experience
  • Our mission is to “Make Money Work For Everyone” and you’ll lead a team that's here to make sure that customers want to tell friends, family and social media followers about the great experience they had with their bank
  • Leading and empowering your team to deliver a human, customer-focused service—helping people make money work for them, and solving problems that are in the way of that
  • Coaching and developing your team to reach their full potential—thinking big, starting small, and owning every step of the journey
  • Create and maintain a strong customer-first culture, keeping the team focused on what matters most—helping customers navigate their personal finances
  • Lead, coach, and support your team to achieve their personal, professional, and performance goals
  • Drive performance at both individual and team levels, ensuring we meet customer demand with the right level of service
  • Review the quality of your team’s customer interactions, identifying opportunities for improvement both individually and structurally
  • Hold regular feedback and development sessions, including weekly one-to-ones and team meetings
  • Support your team with complex queries, providing clear explanations, demonstrations, and motivation to help them excel
  • Encourage others to identify opportunities to improve the customer experience and enhance Monzo’s ways of working
  • Use data to spot trends and address performance gaps, making informed decisions to drive improvement
  • Guide your team through business changes, ensuring clarity and alignment within your area
  • Keep your team motivated and engaged, even during periods of high demand, as we continue to grow
  • Interviewing for new members of your team, ensuring every candidate receives a world class experience

Salary benchmarks

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Insights

Top investors

42% female employees

19% employee growth in 12 months

Company

Company benefits

  • Yearly Salary Review + Proactive pay increases to reflect growing responsibilities + Share options
  • Flexible working hours
  • Work From Home Opportunities + we'll pay for any equipment you need to do your job
  • 24 days holiday a year, plus bank holidays
  • Paid sick leave for both physical & mental health + Health insurance via AXA or Vitality + Additional health insurance through Medicash
  • Employee Assistance Programme
  • Learning budget of £1,000 a year
  • Aviva Pension Scheme + 4% Employer Contribution
  • Paid maternity, paternity, adoption or shared parental leave (after 13 weeks of employment)
  • 52 weeks of primary caregiver leave (6 months at 100% pay, 13 weeks at Statutory Maternity Pay, 13 weeks unpaid)
  • 3 months of secondary caregiver leave at 100% pay
  • Unum Life Insurance
  • Access to fertility and family-forming health benefits via Fertifa
  • Abellio Season Travel Tickets + Cycle-to-Work Scheme

Funding (last 2 of 18 rounds)

May 2024

$190m

LATE VC

Mar 2024

$451m

LATE VC

Total funding: $1.9bn

Our take

Monzo is a challenger bank that fully operates online and offers a full range of current, savings, business accounts, and more. The speed of the challenger banks to provide a great experience has been impressive, and the number of competitors appearing has proven the consumer desire for innovation.

Monzo remains one of the popular online banks, with more than 6 million active users. The company faces competition from more traditional banks, such as Goldman Sachs and JP Morgan, which have launched their own digital banks. However, the new technologies that the company is built on enable it to expand quickly (with fewer issues) than the incumbent players' offerings.

With an increasing amount of people switching banks, the company's ever-expanding suite of banking and financial services (such as its buy-now-pay-later offering) has resulted in Monzo receiving the second-highest net switching gains among digital challenger banks (just behind Starling).

After setting U.S. expansion plans aside in 2020, the company launched in the U.S. market in early 2022, partnering with Sutton Bank to provide its U.S. accounts. After several years focused on narrowing its losses, Monzo hit profitability in the first two months of 2023. In the same year, 2 million new customers joined, tallying its customer base at 9 million in 2024.

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Kirsty

Company Specialist at Welcome to the Jungle