Monzo Bank
Product Director, Flex (Borrowing)
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đ Weâre on a mission to make money work for everyone.
Weâre waving goodbye to the complicated and confusing ways of traditional banking.
After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us.
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¸
đ London / UK | Salary dependent on experience + Stock Options + Benefits
Flex is one of Monzoâs fastest-growing and most commercially significant products. Four years ago, we reinvented the credit card experienceâbuilding something simpler, more transparent, and genuinely useful. Today, over a million customers use Flex.
Weâre looking for a Product Director to lead Flex into its next phase of growth.
This is a high-impact, deeply commercial role at the intersection of product and credit. Youâll define how we scale borrowing responsibly, expand into new segments, and continue building products customers genuinely love.
Youâll work closely with Engineering, Credit, Data, Design, and senior leadership to identify new opportunities, optimise performance across complex segments, and deliver at pace.
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What Youâll Be Working OnâŚ
Set the strategy for Flex
Set direction for one of Monzoâs most important revenue-driving products Identify and unlock new commercial opportunities across customer segments Navigate complex trade-offs between growth, risk, and customer outcomes
Drive commercial performance
Work closely with Credit teams to shape propositions across multiple risk segments and cohorts Interrogate performance deeply â from unit economics to long-term profitability curves Identify and drive new commercial opportunities
Champion the customer
Ensure Flex remains rooted in strong customer outcomes, not just revenue Push for simple, transparent, and delightful experiences Advocate for customer experience alongside commercial outcomes
Build and lead a high-performing team
Manage and develop a team of Product Managers Deliver multiple high-impact initiatives through your direct reports Raise the bar on product thinking and foster a culture of high standard and high velocity
đ What Weâre Looking For
Commercial Thinking
Strong commercial instinct â you think in terms of trade-offs, economics, and outcomes Comfortable operating in complex environments (e.g. multiple segments and cohorts with different commercials) Able to engage deeply with Credit and Data partners Experience in lending, credit cards, or adjacent borrowing products
Consumer Focus
You start with the customer never lose track of their needs Youâre willing to challenge revenue-driven decisions when they conflict with good customer outcomes You have strong product taste and care deeply about experience quality
Execution & Leadership
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Your very own career expert that helps elevate your application to the next level.
Proven ability to deliver in fast-paced environments with multiple workstreams Comfortable going deep in the detail while leading through others Strong cross-functional leadership across technical, credit, and governance stakeholders
Whatâs In It For You
đ°Base salary dependent upon experience + Stock Options + Benefits
âď¸ We can help you relocate to the UK
â We can sponsor visas
đThis role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London).
â° We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.
đLearning budget of ÂŁ1,000 a year for books, training courses and conferences
âAnd much more, see our full list of benefits here
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, 2024 Diversity and Inclusion Report and 2024 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
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