Senior Procurement Manager

Monzo

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profile Job Location:

London - UK

profile Monthly Salary: £ 75000 - 90000
Posted on: 10 hours ago
Vacancies: 1 Vacancy

Job Summary

Were on a mission to make money work for everyone.

Were waving goodbye to the complicated and confusing ways of traditional banking.

After starting as a prepaid card our product offering has grown a lot in the last 10 years in the UK. As well aspersonal and business bank accounts we offer joint accounts accounts for 16-17 year olds a free kids account and credit cards in the UK with more exciting things to come beyond. Our UK customers can also save invest andcombine their pensions with us.

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!

Were not about selling products - we want to solve problems and change lives through Monzo

Hear from our UK team about what its like working at Monzo

London OR UK Remote 75000 - 90000 Benefits Hear from the team

Our Procurement team

The Procurement team at Monzo is evolving into a proactive strategic partner to the business - one that shapes commercial decisions enables scale and delivers meaningful long-term value.

Were looking for a Senior Procurement Manager to play a pivotal role in how Monzo makes and executes some of its most important Technology and Engineering third-party decisions. This is a senior high-impact role operating at the heart of a high-performing technology organisation where procurement is expected to add value through insight judgement and partnership - not process.

Youll join a growing high-calibre team and work closely with senior stakeholders across Technology and Engineering to shape category strategies influence major investment decisions and ensure Monzos technology ecosystem is designed to serve our customers well - today and as we grow.

Youll play a key role by

  • Owning and delivering strategic procurement and category strategies across Technology and Engineering spend aligned to Monzos long-term priorities.
  • Partnering closely with senior Technology and Engineering leaders to shape decisions early improving commercial outcomes and decision quality.
  • Leading complex sourcing negotiation and contracting activity for high-value multi-year technology agreements.
  • Helping stakeholders understand and navigate trade-offs around cost resilience speed scalability and vendor lock-in.
  • Exercising strong commercial judgement - knowing when to optimise for long-term value and when to prioritise speed and flexibility in a fast-moving fintech environment.
  • Working collaboratively with Legal Risk Compliance Security and Finance to ensure commercial decisions appropriately manage risk without introducing unnecessary friction.
  • Acting as a role model for modern strategic procurement and contributing to the ongoing evolution of the procurement function at Monzo.

Wed love to hear from you if

  • Bring deep experience across core Technology and Engineering categories such as software and SaaS cloud platforms and infrastructure data and developer tooling and specialist technology services.
  • Have a strong track record of partnering credibly with Engineering Product and Technology leaders influencing decisions through insight judgement and trust rather than process enforcement.
  • Are comfortable operating in complex fast-moving technology environments where trade-offs between speed cost risk and long-term flexibility are part of everyday decision-making.
  • Can assess and articulate commercial architectural and ecosystem implications of technology purchasing decisions - not just individual deal outcomes.
  • Have hands-on experience negotiating and managing software SaaS and technology service agreements including licensing models pricing structures and renewal strategies.
  • Are able to balance risk security resilience and regulatory considerations with commercial and delivery needs working in partnership with TPRM InfoSec Data and Legal teams.

Whats in it for you

75000 - 90000 share options.

This role can be based in our London or Cardiff office or 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 and at times that suit you and your team.

1000 learning budget each year to use on books training courses and conferences.

We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup.

Plus lots more! Read our full list of benefits.

The application journey has 3 key steps

  • 30 min call with the Recruiter
  • 30 min interview with the Hiring Manager
  • 2 hours of technical and behavioural interviews
  • 30 min final interview with Engineering stakeholders

This process should take around 2-3 weeks - your schedule is really important to us so we promise to be as flexible as possible!

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here.

Well only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you dont miss out.

#LI-REMOTE #LI-OS1

Equal opportunities for everyone

Diversity and inclusion are a priority for us and were making sure we have lots of support for all of our people to grow at Monzo. At Monzo were 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 2024 Diversity and Inclusion Report and 2024 Gender Pay Gap Report.

Were 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 dont need full or birth names at application stage


Required Experience:

Manager

Were on a mission to make money work for everyone.Were waving goodbye to the complicated and confusing ways of traditional banking.After starting as a prepaid card our product offering has grown a lot in the last 10 years in the UK. As well aspersonal and business bank accounts we offer joint accou...
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Key Skills

  • Financial
  • AXA
  • Horticulture
  • Market Research
  • Chemistry

About Company

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Organise, save & invest with a free UK current account, joint account or business account. Make your money more Monzo.

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