Operations Manager, Financial Health, 12 month fixed term contract
đ Weâre on a mission to make money work for everyone.
Weâre 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!
Weâre not about selling products - we want to solve problems and change lives through Monzo â¤ď¸
Hear from our team about what it's like working at Monzo â¨
UK Remote đ° ÂŁ48,000 to ÂŁ65,000 + Benefits | Hear from the team â¨
Weâll close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you donât miss out.
What youâll be doing:
We have an amazing opportunity for an Operations Manager in Financial Health to support our leadership team on a 12 month fixed term basis.
Monzoâs mission is to make money work for everyone, and this is especially important to us when our customers need help with their Monzo borrowing products, or may be struggling to repay.
As our lending portfolio grows, we are seeing increasing queries from customers and inevitably from people falling into financial difficulties and who are potentially vulnerable. These conversations/queries/tasks are often technical or sensitive in nature, requiring our Fin Health COps to have a deep level of knowledge on our lending products, the assessment of customers affordability and potential vulnerabilities and how to meet our regulatorâs high expectations.
To facilitate this, youâll have the opportunity to lead teams working on a broad variety of financial difficulties, both customer facing and backoffice. Every person in our team cares deeply about their work and the impact that it can have on Monzo and our customers.
We work in teams of around 11 people, working on a variety of tasks. Some teams have an additional focus on specific types of work that are more complex in nature, while others have a more diverse set of skills.
Each Operations Manager supports and coordinates the work of their COps. Youâll directly manage around 6 Team Managers, and help them build successful teams and achieve their professional development goals.
Youâll organise people around you, be a point of escalation, and take appropriate action whenever you see a problem coming - whether itâs a service challenge, a risk associated with a financial difficulties task, or an urgent personal issue.
Youâll listen to your people, guide them through the challenges associated with scaling a company like Monzo, celebrate their every success, and drive the right outcomes for our customers and Monzo.
Youâll also have responsibility for some disciplinary and grievance matters and work closely with your colleagues in other COps teams and the People team to make sure that we apply these policies fairly across all areas of the COps team.
Your day-to-day
- Partnering closely within Fin Health Group to deliver portfolio performance and changes at pace
- Instilling a culture focused on the completion of accurate, efficient work, and risk-awareness, in a team that needs to be laser-focused on both the customer experience and meeting regulatory requirements
- Impacting how Monzoâs lending products evolve to make sure that we have the customer at the centre of everything we do which hasnât always been the case in this industry.
- Identifying opportunities for automation and efficiency - driving through changes
- Helping Team Managers excel in their roles by having regular 1:1s, giving and receiving candid feedback, interpreting and acting on management information, coaching through challenging problems.
- Contributing to a high performance culture.
- Running group sessions for leaders, e.g knowledge sharing sessions.
- Support in the interviewing and hiring of new leaders and COps.
- Helping us become an exceptional place to work for the ambitious, highly-motivated, and mission-led COps that we hire.
- Support our UK and SA teams deliver quality outcomes to our Fin Health Customers
- Support our domain in achieving our service levels
You should apply if:
- You have significant experience working in a leadership position as an existing OM
- Experience in leading teams working in collections or recoveries within the financial difficulties space is preferred but not essential
- Experience leading back office, technical teams and with 3rd party service providers is highly desired but not essential
- Youâve led successful, large teams to achieve their goals and have an empathetic leadership style.
- Youâre as comfortable working 1:1 as communicating with large groups.
- You empower your people to find solutions themselves.
- You are an effective advocate and communicator of change.
- You can motivate multiple teams working on ongoing operational work.
- You are very hands-on and solve problems when you spot them.
- What we are doing at Monzo excites you!
- You are comfortable working and communicating remotely.
đWhatâs in it for you
đ° ÂŁ48,000 to ÂŁ65,000 + Benefits
đÂŁ1,000 learning budget each year to use on books, training courses and conferences.
đĄWe will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup.
â Plus lots more! Read our full list of benefits.
đ The application journey has 5 key steps
We expect that due to the upcoming Festive period, interviews will take place in January 2025.
We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here.
Youâll hear from us throughout the application process, but if youâve got any questions, please reach out to ninaebanks@monzo.com. You can also use this email address to let us know if thereâs anything we can do to make the process easier for you because of disability, neurodiversity or anything else.
#LI-REMOTE #LI-NE
Equal opportunities for everyone
Diversity and inclusion are a priority for us and weâre making sure we have lots of support for all of our people to grow at Monzo. At Monzo, weâre 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 2023 Gender Pay Gap Report.
Weâre 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 đ