Monzo is seeking a Credit Analyst to join the Borrowing team, focusing on unsecured credit risk and pricing strategies for personal loans and financial health products. You'll work closely with Product, Engineering, and Data teams to build data-driven, responsible lending solutions that support growth and customer financial health.
What You'll Do
- Working on initiatives to improve credit underwriting, boost growth, and manage portfolio risk
- Supporting the design and roll-out of new lending strategies by finding patterns in the data and translating these into insights
- Monitoring the performance of existing strategies and iterating to improve them
- Working alongside engineering, marketing, product, risk, and control teams to design and deliver product changes
- Developing, maintaining, and monitoring credit models to assess net present value of new lending cohorts to drive strategic business decisions
- Building and maintaining database tables and dashboards that provide insights and promote rapid, data-driven decisions
- Supporting the design and roll-out of new products and customer journeys
- Assessing how the lending portfolio of particular products will perform over time
What We're Looking For
- Experience in unsecured retail lending (e.g. personal loans, credit cards, overdrafts, buy now pay later etc.)
- Understanding of how the unsecured retail lending market works including the impact of pricing dynamics on portfolio performance
- Understanding of lending economics and experience developing and deploying underwriting strategies
- Strong analytical and data capabilities, backed up by technical coding skills
- SQL is a must-have
- Working understanding of the regulations that apply to lending in the UK
- Thriving in a fast-paced environment and keen to improve products and help ship changes to customers
- Strong communication skills, able to cut through complex problems and articulate decision points
- Some experience in project management and coordination across teams
- Ability to collaborate well in a team with diverse skill-sets and personality types
- Highly motivated and energised by bringing positive impact to customers and Monzo
Nice to Have
- Python experience
- Looker experience
Technical Stack
- SQL
- Python
- Looker
Team & Environment
- Part of the Borrowing collective within the Data Team
- Team is growing across Personal Loans and Financial Health
- Mission to make money work for everyone
- Focus on solving problems and changing lives
- Data-led decision-making
- Experimentation and innovation
- Flexibility, connection, and wellbeing
- Inclusive environment
- Diversity and inclusion are a priority
- Equal opportunity employer
- Support for growth and development
Benefits & Compensation
- Incentive Awards tied to your performance
- Visa sponsorship available
- Flexible working hours
- Work from home or remote within the UK
- Ad hoc meetings in London
- Learning budget of £1,000 a year for books, training courses and conferences
- Full list of benefits available on company website
Compensation: £58,000 to £78,000
Work Mode
- Remote (UK)
- London
- Flexible working hours; work the way that works for you; no pressure to come into the office; work from where you feel most comfortable
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. Diversity and inclusion are a priority, and Monzo fosters an inclusive environment for all people to do their best work.
