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Senior Procurement Manager

Remote (UK)

🚀 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 ❤️

Hear from our team about what it's like working at Monzo ✨

 

📍London or Remote (UK) | 💰salary will be dependant on experience + Benefits |

⭐ Our Supplier Operations team

We’re looking for a strategic and commercially minded Senior Procurement Manager to support our ambitious global growth goals. You'll be instrumental in advancing Monzo’s procurement capabilities to align with our expansion, identifying opportunities and managing risks effectively. This is a fantastic opportunity for someone keen to progress their career in a dynamic, tech-focused bank with bold ambitions.

You'll be joining a small, high-performing team that is committed to delivering exceptional results for Monzo and its customers. Working on diverse projects, including our expansion into new markets, you'll gain unique insights into Monzo's operations at every level.

Reporting to the Supplier Operations Lead, you’ll be a key member of the team, taking charge of sourcing, negotiating, and managing supplier relationships. You'll collaborate closely with internal stakeholders to ensure procurement strategies effectively support Monzo's objectives, particularly as we extend our reach into the EU.


🔑 You’ll play a key role by…

  • Leading critical procurement initiatives that advance Monzo's strategic goals and support our growth
  • Developing strong relationships with internal business partners to ensure suppliers and procurement strategies are in sync with our long-term business objectives
  • Building and maintaining long-term, mutually beneficial relationships with suppliers
  • Working alongside the business to achieve optimal commercial outcomes without sacrificing quality, service, or safety
  • Playing a pivotal role in identifying and onboarding the right third-party partners
  • Serving as an expert in procurement, commercial strategies, and relationship management
  • Partnering with internal teams, including Legal, Compliance, Tech, Finance, Product, and Operations, to facilitate growth initiatives and ensure procurement's role in enabling scalable business solutions


🤩 We’d love to hear from you if…

  • You possess a strong understanding of procurement in high-growth, technology-driven environments, ideally within fintech or other fast-paced industries
  • You have demonstrated experience in navigating procurement challenges associated with global expansion, including a deep knowledge of regulatory requirements and market-specific dynamics
  • You have a proven track record in purchasing technology and software licences
  • You are well-versed in information security and cyber risk management
  • You obtain a comprehensive understanding of regulations governing outsourcing in financial services or insurance sectors
  • You are skilled in utilising procurement, contract lifecycle management tools and platforms to enhance process efficiency
  • You are experienced with procure-to-pay processes and ERP systems

 

🌈 The application journey has 3 key steps

  • 30 minute Recruiter call 
  • 30 minute Initial 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 do have any specific questions please contact us on business-hiring@monzo.com. 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.


🙌 What’s in it for you

💰 Competitive base salary ➕share options

📍 This role can be based out of our London office next to Liverpool Street station (a hybrid of office based and home working) or fully remote within the UK

⏰ 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

🏡 We 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

➕ Plus lots more! Read our full list of benefits.

#LI-Remote #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 2023 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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Our goal at Monzo is to make money work for everyone. To do that, working at Monzo must work for everyone. We want to create an equitable, engaged and innovative workplace which gives people from all backgrounds the support they need to thrive and grow. 

Making Monzo work for everyone starts right at the beginning of every Monzonaut's journey: when they apply to work here. This demographic survey will help us better understand the people who apply to work at Monzo. It'll help us see how different groups progress through our hiring process, and where we need to make improvements to be more inclusive. If you choose to fill it out, all of the information you give us is:

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