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London OR UK Remote | Salary Range starts at £65,000 (DOE) + Benefits |

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.

About our Supplier Operations Team:

As Monzo scales and speeds up the pace of its innovation, our Supplier Operations team is playing an increasingly critical role in sourcing 3rd parties to help us achieve our goals. This role will be an integral party of our Supplier Operations team, working across all things related to procurement.

What you'll be working on

You will work collaboratively across our various collectives to translate business objectives into competitive processes, to get the best commercial deal without compromising on quality, service or risk appetite.

You will help professionalise our operation, by bringing your experience and ideas to scale and upskill our team and deputise for our team leader.

To succeed, you should be happy working across all categories of procurement, but especially comfortable with third parties that deliver technology/software solutions and have a solid understanding of data privacy principles to support this.

Day to day you will help bring on new partners by sourcing, negotiating, completing due diligence, developing contractual agreements alongside offering advice, support and training to internal teams.

After the deal is signed, you will play a role in account management, helping our collectives make the best use of their 3rd parties and ensure that ongoing risks are appropriately managed.

Day-to-day you'll spend your time:

• Developing and maintaining long term relationships with suppliers
• Working with the business to deliver the best commercial arrangement without compromising on quality, service or risk appetite
• Playing an integral part of the team that helps onboard new Third Parties
• Being a company expert on procurement, commercial and relationship management
• Collaborating across the business - both customer facing teams (e.g. Personal Banking) and key internal teams (e.g. Legal, Privacy)
• Documenting and maintaining accurate information about the supplier/contracts in our vendor management system
• Continuously improving our vendor lifecycle

You should apply if:

• You have robust experience with global or multi-entity deals (£50m + deals)
• You have experience with 3rd parties that deliver Technology and Software solutions
• You have strong influencing & collaboration skills: Able to gain stakeholder buy-in
• You have an understanding of information security and cyber risk

Desirable but not essential:

• Managerial experience
• You have a good understanding of the regulations governing outsourcing in banking and financial services such as those produced by the EBA, FCA (SYSC), and the upcoming consultation paper by the PRA
• You have experience of procure to pay/ERP

The Interview Process:

Our interview process involves 4 main stages which will be conducted via GoogleMeet:

• Screening call with Monzo Recruiter (30 mins)
• Initial Technical Call with Hiring Manager (45 mins)
• Case Study Session (60 mins)
• Competency Based Interview (45 mins)

Our average process takes around 2-3 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 process but if you

do have any specific questions ahead of this please contact us on [email protected]

• Applications close at 6pm on 3rd May

What's in it for you:

Salary Range starts at £65,000 (We can increase DOE) ➕ plus stock options & benefits

This role can be based in our London officeOR remotely 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 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 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, 2021 Diversity and Inclusion Report and 2022 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.

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