Principal Data Scientist – Core Team | Cardiff, London, or Remote (UK)

Monzo

London, United Kingdom Part-time in I.T. & Communications
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    • Job ID 2766228

    Job Description

    Join us in our quest to revolutionize banking for everyone!

    We are bidding farewell to the old, cumbersome banking methods and welcoming a new era of simplicity and transparency.

    With our vibrant hot coral cards and early pay options, alongside our engaging financial education initiatives on social media and recognized customer support, we have consistently created delightful experiences for our users.

    Our goal is to address financial challenges and transform lives with Monzo at the forefront.

    We strive to redefine banking, making it accessible and straightforward. For too long, financial services have been complex and intimidating.

    We believe in building a bank collaboratively—with your input. Our dedicated community not only suggests features but also tests our app, providing invaluable feedback that drives us to create experiences all our customers cherish.

    Rather than pushing financial products, we’re committed to solving real-life problems and enhancing our customers’ lives with Monzo.

    Introducing our Core Banking Team:

    This team oversees the current account for over 10 million users, crafting attractive value propositions for diverse groups, such as Joint accounts, accounts for those under 16, and 16 to 17 age groups. They are responsible for designing the overall app experience, enhancing daily money management with features like Trends, Salary Sorter, Bills Pots, and even travel-related offerings. Additionally, they oversee Subscriptions, introducing users to upgraded benefits that open new opportunities for financial progress.

    As we prepare for an exciting phase of growth—doubling our customer base to 20 million—we need energetic individuals to help us in this journey.

    Your role will involve:

    • Steering the product strategy for App Evolution within Core Banking, enhancing user experiences to make money management effortlessly simple for all Monzo customers.
    • Establishing and implementing successful experimentation practices that empower our team to make decisions backed by data.
    • Collaboratively define data standards across teams, promoting knowledge sharing and continual improvement in our data endeavor.
    • Engaging closely with leaders from product, engineering, design, and research to innovate and refine our product offerings.

    This position may be a perfect fit for you if:

    • You thrive in dynamic, cross-functional teams.
    • You possess a strategic mindset about our Core Banking product and recognize how data-driven decisions can add significant value to our customers.
    • You have a passion for mentoring fellow data scientists and analytics engineers.
    • You find excitement in experimentation and applying advanced data techniques to tackle complex challenges.
    • You desire to delve into the intricacies of our data, eager to build a solid foundation for new products and features.
    • You have strong opinions on measuring success and are ready to question existing processes for improvement.

    Here’s what to expect during the interview process:

    Our structured interview process includes:

    • Initial Call
    • Technical Assessment
    • Final Interviews
    • Collaboration and Business Fit
    • Case Study Presentation
    • Technical Interview

    Typically, the entire process takes about 2-3 weeks, tailored to your availability. Throughout your journey, our recruitment team will be available to support you. Should you have any questions prior to applying, don’t hesitate to reach out to us.

    The benefits we offer:

    Compensation of £95,000 to £115,000 + Stock Options + Comprehensive Benefits

    We assist with relocation to the UK.

    Visa sponsorship options are available.

    This role can be undertaken from our London office or as a remote position within the UK (occasional meetings in London may be required).

    Enjoy flexible work hours, allowing you the freedom to manage your time effectively while ensuring job excellence.

    We provide a yearly learning budget of £1,000 for resources such as books, training programs, and conferences.

    And there’s more—explore our complete list of benefits here.

    If you’re interested in part-time work, we’re open to accommodating your needs, ensuring a solid work-life balance.

    Our commitment to equality:

    At Monzo, we prioritize diversity and inclusion and are dedicated to fostering a supportive environment that encourages growth for all team members. We embrace diversity, aiming to create an inclusive workplace where everyone can excel. This commitment is essential to our mission of making financial services accessible to all. For more insights, check our blog, 2023 Diversity and Inclusion Report, and our 2023 Gender Pay Gap Report.

    We are proud to be an equal opportunity employer. All candidates will be evaluated on their merits without consideration of age, ethnicity, religion, gender, sexual orientation, gender identity, family status, national origin, or disabilities.

    When applying, feel free to use your preferred name. We do not require full or birth names at this stage.

    Ready to apply?

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    • has at least 1 parent who was born in the US
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    We must confirm your Right to Work in the UK before your start date. This information will not affect your application outcome unless you require visa sponsorship for a position we cannot provide.

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