Monzo Bank

Senior Procurement Manager

Monzo Bank

full-time

Posted on:

Location Type: Hybrid

Location: CardiffUnited Kingdom

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Salary

💰 £75,000 - £90,000 per year

Job Level

Tech Stack

About the role

  • Owning and delivering strategic procurement and category strategies across Technology and Engineering spend, aligned to Monzo’s long-term priorities.
  • Partnering closely with senior Technology and Engineering leaders to shape decisions early, improving commercial outcomes and decision quality.
  • Leading complex sourcing, negotiation, and contracting activity for high-value, multi-year technology agreements.
  • Helping stakeholders understand and navigate trade-offs around cost, resilience, speed, scalability, and vendor lock-in.
  • Exercising strong commercial judgement - knowing when to optimise for long-term value and when to prioritise speed and flexibility in a fast-moving fintech environment.
  • Working collaboratively with Legal, Risk, Compliance, Security, and Finance to ensure commercial decisions appropriately manage risk without introducing unnecessary friction.
  • Acting as a role model for modern, strategic procurement and contributing to the ongoing evolution of the procurement function at Monzo.

Requirements

  • Bring deep experience across core Technology and Engineering categories, such as software and SaaS, cloud platforms and infrastructure, data and developer tooling, and specialist technology services.
  • Have a strong track record of partnering credibly with Engineering, Product, and Technology leaders, influencing decisions through insight, judgement, and trust rather than process enforcement.
  • Are comfortable operating in complex, fast-moving technology environments, where trade-offs between speed, cost, risk, and long-term flexibility are part of everyday decision-making.
  • Can assess and articulate commercial, architectural, and ecosystem implications of technology purchasing decisions - not just individual deal outcomes.
  • Have hands-on experience negotiating and managing software, SaaS, and technology service agreements, including licensing models, pricing structures, and renewal strategies.
  • Are able to balance risk, security, resilience and regulatory considerations with commercial and delivery needs, working in partnership with, TPRM, InfoSec, Data and Legal teams.
Benefits
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Applicant Tracking System Keywords

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Hard Skills & Tools
sourcingnegotiationcontractingsoftware agreementsSaaS agreementscloud platformsdata toolingtechnology serviceslicensing modelspricing structures
Soft Skills
commercial judgementcollaborationinfluencingtrust buildingdecision-makingrisk managementstrategic thinkingadaptabilitycommunicationproblem-solving