Senior Product Manager Open Banking @ Monzo Bank
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About Monzo Bank
Monzo is on a mission to make money work for everyone by changing traditional banking methods and creating magical moments for customers. Our journey from a prepaid card to a full suite of financial products in the UK is driven by innovation, customer focus, and clear problem-solving.
Role Overview: Senior Product Manager Open Banking
In this role, you will lead high-impact initiatives to enhance Monzo’s Open Banking offerings. You will define strategy, prioritize roadmaps, and work across teams including Product, Engineering, Data, and Design to drive innovation and growth, as we aim to scale from 11 million to 20 million customers.
What You Will Be Working On
- Collaborating with design, engineering, research, data science, and compliance teams.
- Championing the evolution of existing Open Banking products such as Connected Accounts and Easy Bank Transfers.
- Leading the planning process and roadmap prioritization with cross-functional alignment.
- Shaping product strategy through insightful data and industry participation.
- Representing Monzo in external Open Banking working groups.
Key Responsibilities
- Own the strategic direction balancing long-term vision with short-term targets.
- Collaborate with multiple teams including legal, compliance, and regulatory affairs.
- Drive product execution through effective communication and stakeholder alignment.
- Create delightful user experiences that solve real customer pain points.
- Participate in industry groups to advocate Monzo’s stance on Open Banking issues.
What You Should Bring
- Experience shipping world-class products at fast growing companies.
- Proven track record in Open Banking product development.
- Strong data-driven and commercial mindset.
- Ability to motivate and work with diverse, cross-functional teams.
- Resilience, intellectual honesty, and a passion for customer value.
The Interview Process
The process includes a Recruiter Call, an Initial Call with the Hiring Manager, and a Final Loop consisting of detailed interviews assessing your project walkthrough, case study, and leadership capabilities. The process typically spans 5-6 weeks with flexibility around your availability.
Compensation & Benefits
- Salary between £95,000-£115,000 plus stock options and benefits.
- Relocation assistance and visa sponsorship available.
- Flexible working hours with potential for remote working in the UK.
- Learning budget of £1,000 per year for professional development.
- Inclusive and supportive environment with a focus on diversity.
Key skills/competency
- Open Banking
- Product Strategy
- Roadmap
- Stakeholder Alignment
- Collaboration
- Innovation
- Compliance
- Data-Driven
- Leadership
- Experimentation
How to Get Hired at Monzo Bank
🎯 Tips for Getting Hired
- Customize your resume: Highlight open banking product management experience.
- Research Monzo Bank: Understand their mission and recent innovations.
- Emphasize collaboration: Showcase cross-functional project successes.
- Prepare case studies: Demonstrate strategic impact with measurable results.