Senior Credit Analyst, Credit Cards

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 95000 Incentive Awards tied to your performance BenefitsData Team Borrowing

Our team

Our Borrowing Collective is building innovative responsible lending products that give customers greater transparency flexibility and control over their money. Youll be working on Monzos credit card products helping to design optimise and grow our lending strategies.

This is a high-impact cross-functional environment where youll partner closely with Product Engineering Data Science Finance and Risk & Control to deliver sustainable profitable and responsible growth across our credit card offerings.

Youll operate at the intersection of credit risk commercial performance and customer experience ensuring Monzos credit card products remain sustainable competitive and customer-focused as they scale.

Your day-to-day

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

• Design and refine credit underwriting and limit strategies to optimise risk and growth
• Analyse portfolio performance (arrears utilisation revenue losses vintage curves) and identify actionable insights
• Build and interpret NPV and profitability models to inform strategic decisions
• Develop segmentation frameworks to identify revenue and risk pressure points
• Lead analytical deep-dives into portfolio trends and emerging risks
• Partner with Product and Engineering teams to design and test new features and strategy changes
• Evaluate the commercial and customer impact of pricing eligibility and limit decisions
• Present clear structured recommendations to senior stakeholders
• Support regulatory and governance requirements ensuring strategies align with policy and risk appetite

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

You have:

• Experience in unsecured lending ideally within credit cards
• A strong understanding of credit card economics (APR utilisation interchange revolving behaviour cost of funds losses). Experience of modelling rewards cards is a plus.
• Experience building or influencing credit strategies (e.g. underwriting limit management pricing)
• Strong analytical and data capabilities backed up by technical coding skills. SQL is a must-have Python and Looker experience is a plus
• Experience working with NPV models profitability analysis and portfolio forecasting
• Confidence communicating complex analysis clearly to non-technical stakeholders
• Experience collaborating cross-functionally in a fast-paced environment
• An interest in balancing risk growth and customer outcomes

Bonus points if you have:

• Experience working in a regulated UK lending environment
• Exposure to IFRS9 stress testing or capital modelling
• Experience in experimentation or strategy testing frameworks
• Experience working on business lending products

Were on the look out for L40 Senior Credit Analysts at the moment you can read more in ourData 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 95000 Incentive Awards tied to your performance 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