Monzo is a digital, mobile-only bank based in the United Kingdom. It was founded in 2015 and has been described as a "challenger bank".
Monzo is an employer that is constantly innovating to make its banking products better for customers. The company has been praised for its customer service, transparency, and modern approach to banking.
Monzo is a great place to work if you are looking for a challenge and want to be part of a fast-growing company.
Careers at Monzo
Monzo is a great place to work for people who want to make a difference in the world. They offer a variety of careers, from customer service and operations to product and marketing.
Monzo is always looking for talented, ambitious people to join their team. If you're passionate about making a difference and want to work with some of the best minds in the industry, Monzo is the place for you.
Monzo Application Process
The secret to Monzo's success lies in its recruitment process. Monzo is very selective when it comes to hiring - they only bring on board those who they believe will be a good fit for the company culture and values.
The application process is as follows:
- Online application
- Recruiter call
- Initial call
- Assessments (role-specific)
- Take home task
- Final interview
The application process is entirely online and very straightforward. To begin, all you need to do is fill out a form with your basic information, upload your resume, and answer a few questions about yourself.
Make sure to brush up on your skills and knowledge beforehand. The company is looking for individuals who are passionate about their work and who will be able to contribute positively to the team.
Keep in mind that the competition for jobs at Monzo is high. It is therefore important to proofread and check your application before submitting it so it is error-free.
If your application is successful you may be invited to participate in a recruiter call. This is a brief 30-minute chat with your recruiter and an opportunity to provide more information about Monzo, their mission, and making sure the role you've applied for matches your skills.
The initial call is a telephone interview that lasts approximately 30-60 minutes. The interview is conducted by someone senior with the team.
Monzo suggests thinking of the call as an "elevator pitch" but more casual - the ultimate goal is for them to learn more about you.
You might be asked some questions about yourself and specifics about projects you've worked on. Monzo recruiters will care about your process more than anything - what went well and what would you change if you were to do it all again?
Monzo provides a range of different tests for different roles. This typically involve a practical task or project walkthrough and a technical interview. If you are successful during the initial call, you may be invited to participate in one of these activities.
The practical task or project walkthrough varies and should take no more than 4 hours to complete.
The technical or systems design interview takes 1 hour. It is typically based on a hypothetical problem using a virtual whiteboard.
Example activities include:
- Take-home task
- Follow-up review session
- Live coding task
For software engineering roles for example you can see some of the previous tasks Monzo provides here.
For non-engineering roles, you may be given a case study for a real-life problem or asked to provide a project to review that demonstrates processes and end results.
One important thing to remember is that you are not being assessed for your speed or how perfect your solution is. The aim is to assess your approach to problem-solving.
Some useful tests to prepare for problem-solving assessments at Monzo you might consider practicing are:
Being a proactive and independent team member is an important skill Monzo hiring team looks for during the interview stages.
It's important to focus on discussing your projects and what you specifically contributed to them. The interview is described by Monzo as a "one-hour trial working with a couple of your potential teammates!".