Senior Credit Analyst, Personal Loans

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

Cardiff London or Remote (UK) 76500 to 103500 Options Benefits Data Team Borrowing

Our team:

Youll join the Core Borrowing team a cross-functional group consisting of Credit Analysts Product Manager Engineers Designers Marketers Customer Research. The teams ambition is to establish Monzo as the preferred borrowing option for its customers. This will be achieved by continuously enhancing the experience for existing borrowers and developing innovative new products.

The credit teams are part of our wider Data Discipline which drives a strong-culture of data-driven decision making across the whole company using powerful real-time analytics.

Your day-to-day:

As a Senior Credit Analyst youll play a critical role in shaping Monzos credit strategy across core lending products. Your responsibilities will include:

• Leading analytical initiatives to improve credit underwriting manage portfolio risk and support growth
• Supporting the design implementation and iteration of lending strategies based on data insights
• Monitoring performance of existing strategies and identifying opportunities for improvement
• Developing and maintaining credit models (including cohort performance risk segmentation and NPV analysis) to inform strategic decision-making
• Building and enhancing dashboards data pipelines and reporting that enable rapid data-driven decisions
• Collaborating with cross-functional partners in engineering product marketing risk and control to design and deliver product changes and features
• Assessing long-term portfolio performance and contributing to strategic discussions on portfolio health
• Helping define and document methodology assumptions and business impact for leadership and stakeholders
  
  

Locations & flexible working:

Our main tech hub is in London but our data teams are based all over the UK from Brighton to the Western Isles.

We love meeting in person but theres no pressure to come into the office even if youre nearby. Youll do your best work where you feel most comfortable.

We value flexibility connection and wellbeing. Youll have the freedom to work in a way that fits your life whether thats school drop-offs avoiding rush hour or making time for what matters most.

Work the way that works for you at Monzo!

You should apply if:

Youll be a strong fit if you have:

• Experience in unsecured retail lending (e.g. credit cards personal loans overdrafts etc.)
• A solid understanding of lending economics including pricing risk trade-offs and portfolio performance metrics
• History of developing and deploying underwriting strategies or credit risk frameworks
• Excellent analytical and data skills - SQL is essential Python and Looker are a plus
• Ability to translate complex analysis into actionable recommendations and communicate clearly with technical and non-technical stakeholders
• Knowledge of UK lending regulations and how they shape credit strategy
• Experience collaborating with cross-functional teams in fast-paced environments
• Strong project management and organisation skills

Were on the look out for L40 Senior Credit Analysts at the moment you can read more in our Data Progression Framework

Interview process

Our typical process is structured as:

1. Recruiter call
2. Initial hiring manager call
3. Take-home task
4. Final interviews - (3x) including case study role-specific and behavioural interviews

Our average process takes around 3-4 weeks but we will always work around your availability.

Whats in it for you:

76500 to 103500 stock options benefits

We can help you relocate to the UK

We can sponsor visas

This role can be based in our London office but were 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 1000 a year for books training courses and conferences

And much more see our full list of benefits here

#LI-LG1 #LI-Remote

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