About Monzo
The digital bank that makes money work for you
Key Highlights
- Over 6 million active users in the UK
- $1.9 billion raised in funding
- Headquartered in the City of London
- Offers a full range of banking services including business accounts
Monzo is a digital-only bank headquartered in the City of London, UK, serving over 6 million active users with a full suite of banking services, including current accounts, savings accounts, and a buy-now-pay-later option. The company has raised $1.9 billion in funding and continues to expand its of...
🎁 Benefits
Monzo offers flexible working hours, a £1,000 annual learning budget, and 24 days of holiday plus bank holidays. Employees benefit from paid sick leav...
🌟 Culture
Monzo fosters a culture of innovation and agility, leveraging new technologies to provide a seamless banking experience. As a challenger bank, it prio...
Skills & Technologies
Overview
Monzo is hiring a Senior Machine Learning Scientist to join their Financial Crime team. You'll focus on fraud detection and prevention, utilizing your expertise in machine learning and data analysis. This role requires strong skills in Python and SQL.
Job Description
Who you are
You have 5+ years of experience in machine learning and data science, with a strong background in developing models that mitigate financial crime. Your expertise in Python allows you to build robust algorithms that can analyze complex datasets effectively. You are familiar with SQL for data manipulation and querying, enabling you to extract insights from large volumes of data. You understand the importance of customer safety and have a passion for using technology to solve real-world problems. You thrive in collaborative environments and enjoy working with cross-functional teams to implement machine learning solutions that enhance customer experience. You are proactive in staying updated with the latest trends in machine learning and financial crime prevention, ensuring that your skills remain relevant in a rapidly evolving field.
Desirable
Experience with cloud platforms such as AWS or GCP is a plus, as it allows you to deploy machine learning models at scale. Familiarity with data visualization tools can help you communicate findings effectively to stakeholders. A background in finance or banking can provide valuable context for your work in financial crime.
What you'll do
As a Senior Machine Learning Scientist at Monzo, you will play a crucial role in developing and implementing machine learning models that detect and prevent fraud. You will analyze transaction data to identify patterns and anomalies that may indicate fraudulent activity. Collaborating closely with the financial crime team, you will contribute to the design of systems that enhance customer safety and reduce the risk of scams. Your work will directly impact Monzo's profitability by mitigating costs associated with fraud. You will also be responsible for monitoring the performance of existing models, making adjustments as necessary to improve accuracy and effectiveness. Engaging with stakeholders, you will present your findings and recommendations, ensuring that your insights drive strategic decisions within the organization. You will have the opportunity to mentor junior team members, sharing your knowledge and expertise to foster a culture of learning and innovation.
What we offer
Monzo offers a competitive salary range of £86,000 to £105,000, along with stock options and a comprehensive benefits package. You will be part of a mission-driven company that values diversity and inclusion, providing an environment where everyone can thrive. We encourage you to apply even if your experience doesn't match every requirement, as we believe in the potential of diverse teams to create better products. Join us in transforming the banking experience for our customers and making a meaningful impact in the financial industry.
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