Senior Credit Analyst

<p>📍Cardiff, London or Remote (UK)&nbsp; | 💰 £76,500 to £95,000 + Incentive Awards tied to your performance +&nbsp;<a href="https://monzo.com/careers#benefits">Benefits&nbsp;</a>|&nbsp;<a href="https://monzo.com/blog/how-each-role-in-borrowing-data-allows-us-to-think-big-and-innovate">Data Team, Borrowing&nbsp;</a></p> <p><strong>Our team⭐</strong></p> <p data-start="347" data-end="641">Our Borrowing business is growing rapidly across both existing products and a range of new initiatives. From credit cards and loans to emerging lending products, we’re building solutions that give customers greater control, transparency, and flexibility in how they manage their finances.</p> <p data-start="643" data-end="879">If you’re interested in using data to understand lending performance, improve decision-making, and support the development of credit strategies, this role offers the opportunity to work on meaningful problems with clear business impact.</p> <p data-start="881" data-end="1118">This is a high-impact, cross-functional environment where you’ll work closely with Product, Engineering, Data Science, Finance, and Risk &amp; Control to drive sustainable, profitable, and responsible growth across our lending portfolio.</p> <p data-start="1120" data-end="1338">You’ll operate at the intersection of credit risk, commercial performance, and customer experience, helping ensure Monzo’s borrowing products remain competitive, scalable, and aligned with strong customer outcomes.</p> <p><strong>🔑You’ll play a key role by...</strong></p> <p>As a Senior Credit Analyst, you’ll play a critical role in shaping Monzo’s credit strategy across credit card products. Your responsibilities will include:</p> <ul> <li>Design and refine credit underwriting and limit strategies to optimise risk and growth</li> <li>Analyse portfolio performance (arrears, utilisation, revenue, losses, vintage curves) and identify actionable insights</li> <li>Build and interpret NPV and profitability models to inform strategic decisions</li> <li>Develop segmentation frameworks to identify revenue and risk pressure points</li> <li>Lead analytical deep-dives into portfolio trends and emerging risks</li> <li>Partner with Product and Engineering teams to design and test new features and strategy changes</li> <li>Evaluate the commercial and customer impact of pricing, eligibility, and limit decisions</li> <li>Present clear, structured recommendations to senior stakeholders</li> <li>Support regulatory and governance requirements, ensuring strategies align with policy and risk appetite</li> </ul> <p><strong>Locations &amp; flexible working:&nbsp;</strong></p> <p>Our main tech hub is in London, but our data teams are based all over the UK — from Brighton to the Western Isles.</p> <p>We love meeting in person, but there’s no pressure to come into the office, even if you’re nearby. You’ll do your best work where you feel most comfortable.</p> <p>We value flexibility, connection, and wellbeing. You’ll have the freedom to work in a way that fits your life, whether that’s school drop-offs, avoiding rush hour, or making time for what matters most.</p> <p>Work the way that works for you at Monzo! 💼</p> <p><strong>🤩 We’d love to hear from you if…</strong></p> <p>You have:</p> <ul> <li>Experience in unsecured lending, ideally within credit cards</li> <li>A strong understanding of credit card economics (APR, utilisation, interchange, revolving behaviour, cost of funds, losses). Experience of modelling rewards cards is a plus.</li> <li>Experience building or influencing credit strategies (e.g. underwriting, limit management, pricing)</li> <li>Strong analytical and data capabilities, backed up by technical coding skills. SQL is a must-have, Python and Looker experience is a plus</li> <li>Experience working with NPV models, profitability analysis, and portfolio forecasting</li> <li>Confidence communicating complex analysis clearly to non-technical stakeholders</li> <li>Experience collaborating cross-functionally in a fast-paced environment</li> <li>An interest in balancing risk, growth, and customer outcomes</li> </ul> <p>We're on the look out for L40 Senior Credit Analysts at the moment, you can read more in our&nbsp;<a href="https://monzo.com/documents/data-progression-framework-v2-0.pdf">Data Progression Framework</a></p> <p><strong>🙌 What’s in it for you</strong></p> <p>💰£76,500 to £95,000 + Incentive Awards tied to your performance + <a href="https://monzo.com/careers#benefits">Benefits&nbsp;</a></p> <p>✈️ We can help you relocate to the UK</p> <p>✅ We can sponsor visas</p> <p>📍This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London).</p> <p>⏰ We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.</p> <p>📚 Learning budget of £1,000 a year for books, training courses and conferences</p> <p>➕ And much more, see our full list of benefits<a href="https://monzo.com/careers/"> <strong>here</strong></a></p> <p><strong>Interview process:</strong></p> <p>Our typical process is structured as:</p> <ol> <li>Recruiter call</li> <li>Initial hiring manager call</li> <li>Take-home task</li> <li>Final interviews - (3x) including case study, role-specific, and behavioural interviews</li> </ol> <p>Our average process takes around 3-4 weeks but we will always work around your availability.&nbsp;</p> <p>#LI-LG1&nbsp; #LI-Remote</p>