TL;DR

Senior Credit Analyst (Fintech): Designing and refining credit underwriting and limit strategies for Monzo's credit card products with an accent on portfolio performance analysis, profitability modelling, and strategic decision-making. Focus on optimising risk and growth, identifying revenue and risk pressure points, and ensuring sustainable product scalability.

Location: Remote within the UK, with optional office presence in London or Cardiff. Monzo can sponsor visas and help with relocation to the UK.

Salary: £76,500–£95,000 + Options + Benefits

Company

Monzo is a UK digital bank on a mission to make money work for everyone by offering personal and business bank accounts, joint accounts, kids accounts, credit cards, savings, investments, and pensions.

What you will do

  • Design and refine credit underwriting and limit strategies to optimise risk and growth for credit card products.
  • Analyse credit card portfolio performance, including arrears, utilisation, revenue, losses, and vintage curves.
  • Build and interpret NPV and profitability models to inform strategic decisions.
  • Develop segmentation frameworks to identify revenue and risk pressure points.
  • Partner with Product and Engineering teams to design and test new features and strategy changes.
  • Present clear, structured recommendations to senior stakeholders and ensure strategies align with regulatory requirements.

Requirements

  • Experience in unsecured lending, ideally within credit cards.
  • Strong understanding of credit card economics (APR, utilisation, interchange, revolving behaviour, cost of funds, losses).
  • Experience building or influencing credit strategies (underwriting, limit management, pricing).
  • Strong analytical and data capabilities, with SQL proficiency required.
  • Experience working with NPV models, profitability analysis, and portfolio forecasting.
  • Confidence communicating complex analysis clearly to non-technical stakeholders.

Nice to have

  • Experience working in a regulated UK lending environment.
  • Exposure to IFRS9, stress testing, or capital modelling.
  • Experience in experimentation or strategy testing frameworks.
  • Python and Looker experience.

Culture & Benefits

  • Competitive salary range of £76,500 to £95,000 plus options and benefits.
  • Flexible working hours with freedom to work remotely within the UK.
  • Learning budget of £1,000 a year for books, training courses, and conferences.
  • Emphasis on diversity and inclusion, with support for growth.
  • Opportunities to work on innovative, responsible lending products.

Hiring process

  • Initial recruiter and hiring manager calls.
  • Take-home task.
  • Three final interviews: case study, role-specific, and behavioural.