Website Monzo

About us: 

We’re here to make money work for everyone and we’re doing things differently. For too long, banking has been obtuse, complex and opaque.

We want to change that and build a bank with everyone, for everyone. Our amazing community suggests features, test the app and give us constant feedback so we can build something everyone loves.

We’re focused on solving problems, rather than selling financial products. We want to make the world a better place and change people’s lives through Monzo.

What you’ll be working on: 

Monzo is increasingly working with 3rd parties to support its growing aspirations. You’ll be responsible for steering Monzo’s third party strategy across a wide range from technology vendors to strategic partners.

You will lead our Procurement and Third Party Risk teams, preparing this critical operational risk and multi hundred million pound spend area to be public company ready.  You will partner closely with our collectives to identify and support their priorities. We have the foundations in place, and the right candidate will help take this effort to the next level.

Your day-to-day:   

Partner with collectives to identify third parties that can further business objectives – such as those that can accelerate our growth, reduce our cost, or enhance our capabilities.
Coach and lead the procurement and third party risk teams to help us achieve public company readiness, and partner with the business to achieve the right business outcomes efficiently and in control
Provide strategic supply base management including third party selection, negotiations and supplier relationship / performance management
Develop strong relationships with key external partner contacts to help the organisation
Drive initiatives to optimise costs across the supply chain while maintaining quality standards.
Collaborate with cross-functional teams, including legal, finance, and operations, to align procurement strategies with broader organisational goals.
Develop and implement robust risk management strategies to safeguard the organisation’s interests in third-party partnerships.

You should apply if you:

Have a demonstrated track record of implementing substantial third party arrangements
Possess a blend of commercial awareness, analytical and creative thinking and a strategic mindset
Have a good understanding of business operations, finance, sales and marketing tactics and market conditions
Possess exceptional interpersonal and communication skills to engage with senior executives within Monzo and at large partners
Are an experienced manager and talent developer
Have the proven ability to lead and manage change in a dynamic and evolving environment.

The interview process:

Our interview process involves 4 main stages: 

30 minute call with a Monzo recruiter
Round 1 interviews
Round 2 interviews
Final call
⏳ Applications close 11th March

Our average process takes around 2-4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your hiring process, but if you do have any specific questions before this please contact us on [email protected]. Please also use that email to let us know if there’s anything we can do to make your application process easier for you, because of disability, neurodiversity or any other personal reason.

What’s in it for you:

💰 £105,000 – £140,000 ➕  stock options & benefits

✅ We can sponsor visas

📍This role can be based in our London office, but we’re 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 £1,000 a year for books, training courses and conferences ➕ And much more, see our full list of benefits here

Equal Opportunity Statement

We are actively creating an equitable environment for every Monzonaut to thrive.

Diversity & Inclusivity:

Diversity and inclusion are a priority for us and we are making sure we have lots of support for all of our people to grow at Monzo. At Monzo, embracing diversity in all of its forms and 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, 2022 Diversity and Inclusion Report and 2023 Gender Pay Gap Report.

We’re 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.

To apply for this job please visit