By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively.
Work Your Way Logo Close menu
Work Your Way Logo
Director of Product, Borrowing
Monzo
3.4km | , UK
role reference:  wyw_#00468
Location
3.4km | , UK
Salary
Competitive salary
Contract Full-time
Industry Banking
Hours 40 - 40 Hours
Days at home 3-4 Per Week
Closing date 23/10/2022
  • PRODUCT DESIGN
  • Product Development
  • Product Knowledge
  • PRODUCT MANAGEMENT
  • Product Marketing
  • Product Part Approval Process (PPAP)
  • Banking
Description:

We’re looking for a senior product leader to help to join our largest and fastest growing collective - Borrowing. 

Borrowing is made up of 7 squads focusing on Loans, Overdrafts, Monzo Flex, supporting customers in financial difficulties, and exploring new products that could meet our customers’ borrowing needs. The squads design and build new features, optimise existing ones, run growth experiments, and develop internal tooling to support our Customer Operations team. 

This is the collective that built our popular new product Monzo Flex. Flex enables Monzo customers to spread the cost of pretty much anything over 3, 6 or 12 instalments. We designed it to enable our customers to manage paying for things that fall outside of their regular monthly budgets. Unlike some other Buy Now Pay Later products, customers only need to apply for Flex once to unlock a credit limit they can use again and again - and we only lend to people who pass our eligibility checks. Unlike credit cards, Flex is designed to keep customers in control by giving them a defined repayment period for every transaction.

Borrowing is core to Monzo’s growth, enabling us to serve a core financial need for our customers. We are customer-obsessed and passionate about responsible lending.

About the Role

You will be a member of the Borrowing Leadership Team. You’ll be responsible for the delivery, improvement and building of new products within the world of Borrowing and ensuring that we are set up to scale. You will lead and coach our team of 7 Product Managers so that they can reach higher and develop their careers. You will formulate strategic plans to grow Borrowing whilst also protecting and improving the customer experience. 

This role will also be part of the leadership team for the Product organisation and will report to the Chief Product Officer, with a line to the General Manager, Borrowing. 
 
In this role, you will have impact in a variety of areas including: 

  • Developing multiple Product teams to build a high-functioning org of passionate PMs. 
  • Defining and embedding a long-term Product strategy for Borrowing
  • Identifying and deeply understanding customer needs to build products that solve real problems. 
  • Instilling a test and learn mentality across your team and the broader product organisation and using data to prioritise and measure impact. 
  • Working closely with data, design and engineering leaders to support and inspire your teams as they develop their product areas

You’ll be successful in this role if you have: 

  • Experience leading a complex product area, including direct management of Product Managers as well as working closely with or directly leading design and data teams. 
  • Past experience building impactful product as an individual contributor prior to moving into a leadership role. 
  • Strong people leadership principles and a passion for developing others.
  • A love of highly cross-functional teams including close partnership with Engineering, Data and Design leaders.
Key skills:
  • PRODUCT DESIGN
  • Product Development
  • Product Knowledge
  • PRODUCT MANAGEMENT
  • Product Marketing
  • Product Part Approval Process (PPAP)
  • Banking
Competitive salary

CONTRACT

INDUSTRY

Role Type

Days at home

Closing Date

40 - 40 Hours
Flexibility:
Working Patterns
Flexi-Time
Full-time
Flexibility:
Workplace
Hybrid Working (Office / Home)
Office Working
Flexibility:
Life event
Career Breaks / Sabbatical
Shared Parental Leave
Similar Roles
Finance Admin
265.7km | , UK
5 - 10 Hours
Hour
£15
Principal Auditor
2.9km | , UK
35 - 35 Hours
Competitive salary
Senior Counsel
2.9km | , UK
35 - 35 Hours
Competitive salary
Valuations Manager - GCT
2.9km | , UK
35 - 35 Hours
Competitive salary
Quantitative Analyst
2.9km | , UK
37.5 - 37.5 Hours
Competitive salary
Associate - Asset Management Department
8.9km | , UK
35 - 35 Hours
Annual
£47K - £57K
Senior Prudential Risk Associate
8.9km | , UK
35 - 35 Hours
Annual
£75,000
Senior Prudential Risk Associate
533.6km | , UK
35 - 35 Hours
Annual
£67,500
Business Architect - Senior Manager
3.1km | , UK
37.5 - 37.5 Hours
Competitive salary
Early Careers Recruiter
2.9km | , UK
37.5 - 37.5 Hours
Competitive salary
Finance Admin
265.7km | , UK
5 - 10 Hours
Hour
£15
Principal Auditor
2.9km | , UK
35 - 35 Hours
Competitive salary
Senior Counsel
2.9km | , UK
35 - 35 Hours
Competitive salary
Valuations Manager - GCT
2.9km | , UK
35 - 35 Hours
Competitive salary
Quantitative Analyst
2.9km | , UK
37.5 - 37.5 Hours
Competitive salary
Associate - Asset Management Department
8.9km | , UK
35 - 35 Hours
Annual
£47K - £57K
Senior Prudential Risk Associate
8.9km | , UK
35 - 35 Hours
Annual
£75,000
Senior Prudential Risk Associate
533.6km | , UK
35 - 35 Hours
Annual
£67,500
Business Architect - Senior Manager
3.1km | , UK
37.5 - 37.5 Hours
Competitive salary
Early Careers Recruiter
2.9km | , UK
37.5 - 37.5 Hours
Competitive salary
All rights reserved. © 2021 WorkYourWay