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Savings Commercial Manager

Monzo Bank

London

On-site

GBP 50,000 - 70,000

Full time

Yesterday
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Job summary

A leading bank in London is seeking a Savings Commercial Manager to drive the commercial strategy for savings products. This role involves developing pricing strategies, analyzing data, and collaborating with various teams. The ideal candidate will have experience in retail savings pricing and strong analytical skills. Flexible working hours and a supportive environment are offered.

Benefits

Salary dependent on experience
Share options
£1,000 annual learning budget
Flexible working hours
Additional benefits available

Qualifications

  • Experience in pricing retail savings products.
  • Ability to develop commercial models in Excel/Google Sheets.

Responsibilities

  • Developing models for commercial forecasts of savings products.
  • Recommending pricing strategies based on performance data.

Skills

Pricing Strategies
Customer Behavior Analysis
Communication

Tools

Excel
SQL
Python

Job description

Join to apply for the Savings Commercial Manager role at Monzo Bank.

We’re on a mission to make money work for everyone. We’re transforming traditional banking with innovative products like personal, business, joint, youth accounts, and more, including savings, investments, and pensions. Our goal is to solve problems and change lives through Monzo’s customer-centric approach.

About the Savings Team

Millions trust Monzo with their savings. We’re expanding our efforts to help customers achieve their financial goals, and we’re looking for a Savings Commercial Manager to develop and execute the commercial strategy for our savings products.

You’ll play a key role by...

  1. Developing models and tools for commercial forecasts of savings products.
  2. Recommending and reviewing pricing strategies based on performance data.
  3. Analyzing customer and competitor data to identify trends and opportunities.
  4. Collaborating with product, marketing, treasury, and finance teams to align strategies.
  5. Monitoring and reporting performance to leadership.

We’d love to hear from you if…

  • You have experience in pricing retail savings products, including instant access or fixed-term savings.
  • You can develop and operate commercial models in Excel/Google Sheets and supplement with SQL, Python, or other data tools.
  • You understand customer behavior analysis and its impact on forecasts.
  • You are comfortable working with stakeholders across treasury, finance, and product teams.
  • You have excellent communication skills for reporting to senior stakeholders.
  • Experience in pricing strategies and understanding liquidity and market risk management is a plus.

We encourage applications from diverse backgrounds and those who may not meet every requirement. Passion and willingness to learn are valued.

What’s In It For You

  • Salary dependent on experience + share options.
  • Based in London with flexible working hours.
  • £1,000 annual learning budget.
  • Additional benefits available.

The Application Process

  1. 30-minute call with a recruiter.
  2. 30-minute call with the Hiring Manager.
  3. Technical and behavioral interviews (approx. 2 hours).

We aim to complete the process within 2-3 weeks and are flexible to your schedule. For questions or support, contact business-hiring@monzo.com.

We are committed to diversity and inclusion, considering all applicants regardless of age, ethnicity, gender, or disability. Use your preferred name in your application.

Additional Details
  • Seniority level: Entry level
  • Employment type: Full-time
  • Job function: Sales and Business Development
  • Industry: Banking
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