Monzo Bank

Procurement Manager

Monzo Bank

full-time

Posted on:

Location Type: Hybrid

Location: London • 🇬🇧 United Kingdom

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Salary

💰 £50,200 - £65,000 per year

Job Level

Mid-LevelSenior

About the role

  • Identifying and leading critical category and procurement initiatives that advance Monzo’s strategic goals and support our growth
  • Developing strong relationships with internal business partners to ensure category and procurement strategies align with Monzo’s long-term objectives
  • Engaging effectively with suppliers throughout sourcing and contracting processes to deliver commercial outcomes that support our strategic priorities
  • Partnering with teams across the business to achieve optimal commercial outcomes while maintaining expected standards of quality, service, and safety
  • Identifying, evaluating, and onboarding the right third-party partners to enable Monzo’s growth and operational resilience
  • Serving as an expert in procurement and commercial strategy, providing guidance that supports informed, effective, and scalable decision-making
  • Collaborating closely with Legal, Compliance and our wider collectives to facilitate growth initiatives and ensure procurement enables scalable solutions

Requirements

  • Bring strong procurement expertise, with experience developing and delivering effective category strategies
  • Have subject matter expertise in business process outsourcing (BPO) - particularly customer support and operational services - as well as marketing services, and can translate this into well-informed commercial decisions
  • Have a proven track record of partnering with stakeholders to drive meaningful, measurable commercial value
  • Are confident in influencing senior stakeholders and guiding teams through complex commercial decisions
  • Thrive in fast-paced, high-growth environments where priorities evolve and impact matters
  • Are comfortable owning initiatives end-to-end — from shaping strategy through to sourcing and contracting
  • Enjoy working collaboratively across functions to deliver solutions that support business priorities and scalable growth
Benefits
  • £1,000 learning budget each year to use on books, training courses and conferences
  • Flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team
  • 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.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
procurement expertisecategory strategiesbusiness process outsourcingcustomer support servicesoperational servicesmarketing servicescommercial strategysourcingcontracting
Soft skills
relationship buildingstakeholder engagementinfluencingcollaborationdecision-makingadaptabilityinitiative ownership