Savings Commercial Manager New London

Monzo; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading company in financial services is seeking a Savings Commercial Manager to develop and operate the commercial strategy for savings products. The role involves collaborating with various teams and requires strong analytical skills and experience in pricing strategies. The company values diversity and encourages applications from all backgrounds.

Benefits

Flexible working hours

£1,000 learning budget

Share options

Qualifications

• Experience in pricing retail savings products.
• Ability to develop commercial models with limited guidance.

Responsibilities

• Develop commercial strategy for savings products.
• Analyze customer and competitor data for trends.

Skills

Communication

Analytical Skills

Stakeholder Management

Tools

Microsoft Excel

Google Sheets

SQL

Python

Job description

We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking.

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!

We’re not about selling products - we want to solve problems and change lives through Monzo ️

Today, millions of customers trust Monzo with their savings. But we’re only just getting started with our mission to help customers reach their financial goals, and we’re looking for a Savings Commercial Manager to help us.

As the Savings Commercial Manager, you will be responsible for developing and operating the commercial strategy for Monzo’s savings products, and helping the Savings Team meet its goals.

• Developing models and tools that support commercial forecasts for Monzo’s savings products
• Recommending pricing strategies for each of Monzo’s savings products, and conducting regular reviews to understand their commercial performance
• Analysing customer and competitor data to identify trends and identify opportunities
• Collaborating closely with product, marketing, treasury and finance teams to align your approach with Monzo’s wider goals
• Monitoring and reporting on performance to Monzo’s executive leadership
• You have been part of a team responsible for pricing retail savings products, which might include instant access savings or fixed term savings
• You are capable of developing and operating commercial models in Microsoft Excel/Google Sheets with limited guidance, and capable of complementing this with other data resources (e.g. SQL, Python) where required
• You are capable of analysing customer behaviour (e.g. elasticity of demand) and applying the implications to commercial forecasts
• You are comfortable working with a range of stakeholders, especially treasury, finance and product teams
• You have excellent communication skills, with experience preparing reports and analysis for senior stakeholders
• Experience developing pricing and commercial strategies for new savings products, as well as a good understanding of liquidity and market risk management framework is a plus!

Not ticking every box? That’s totally okay! Studies show that women and people of colour might hesitate to apply unless they meet every single requirement. At Monzo, we’re dedicated to creating a diverse and welcoming team. If you’re passionate about this role and keen to learn and grow with us, we encourage you to apply— even if you don’t have everything that's listed just yet. Drop us your application, we’d love to hear from you!

What’s in it for you

Salary is dependent on experience share options

This role is based in our London office

We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team

£1,000 learning budget each year to use on books, training courses and conferences.

The application journey has 3 key steps

• 30 minute call with the Recruiter
• 30 minute call with the Hiring Manager
• 2 hours of technical and behavioural interviews

This process should take around 2-3 weeks - your schedule is really important to us, so we promise to be as flexible as possible!

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here.

You’ll hear from us throughout the application process, but if you’ve got any questions, please reach out to [e-mail] . You can also use this email address to let us know if there’s anything we can do to make the process easier for you because of disability, neurodiversity or anything else.

We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out.

#LI-OS1

Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re 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 , 2023 Diversity and Inclusion Report and 2024 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.

If you have a preferred name, please use it to apply. We don't need full or birth names at application stage

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