Senior Procurement Manager at Monzo Bank

Cardiff, Wales, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

03 May, 26

Salary

90000.0

Posted On

02 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Procurement, Negotiation, Contract Management, Technology, Engineering, Commercial Judgement, Risk Management, Stakeholder Engagement, SaaS, Cloud Platforms, Data, Vendor Management, Financial Acumen, Strategic Planning, Collaboration, Problem Solving

Industry

Banking

Description

🚀 We’re on a mission to make money work for everyone. We’re waving goodbye to the complicated and confusing ways of traditional banking. After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us. With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers! We’re not about selling products - we want to solve problems and change lives through Monzo ❤️ Hear from our UK team about what it's like working at Monzo ✨ 📍 London OR UK Remote | 💰£75,000 - £90,000 + Benefits | Hear from the team ✨ ⭐ Our Procurement team The Procurement team at Monzo is evolving into a proactive, strategic partner to the business - one that shapes commercial decisions, enables scale, and delivers meaningful long-term value. We’re looking for a Senior Procurement Manager to play a pivotal role in how Monzo makes and executes some of its most important Technology and Engineering third-party decisions. This is a senior, high-impact role operating at the heart of a high-performing technology organisation, where procurement is expected to add value through insight, judgement, and partnership - not process. You’ll join a growing, high-calibre team and work closely with senior stakeholders across Technology and Engineering to shape category strategies, influence major investment decisions, and ensure Monzo’s technology ecosystem is designed to serve our customers well - today and as we grow. 🔑 You’ll play a key role by… 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. 🤩 We’d love to hear from you if… 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. 🙌 What’s in it for you 💰 £75,000 - £90,000 ➕ share options. 📍 This role can be based in our London or Cardiff office, or distributed working within the UK (with ad hoc meetings in London) ⏰ We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team. 📚 £1,000 learning budget each year to use on books, training courses and conferences. 🏡 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. ➕ Plus lots more! Read our full list of benefits. 🌈 The application journey has 3 key steps 30 min call with the Recruiter 30 min interview with the Hiring Manager 2 hours of technical and behavioural interviews 30 min final interview with Engineering stakeholders This process should take around 2-3 weeks - your schedule is really important to us, so we promise to be as flexible as possible! We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here. We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out. #LI-REMOTE #LI-OS1 Equal opportunities for everyone Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2024 Diversity and Inclusion Report and 2024 Gender Pay Gap Report. We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status. If you have a preferred name, please use it to apply. We don't need full or birth names at application stage 😊

How To Apply:

Incase you would like to apply to this job directly from the source, please click here

Responsibilities

The Senior Procurement Manager will own and deliver strategic procurement and category strategies across Technology and Engineering spend. They will partner closely with senior leaders to shape decisions and lead complex sourcing and negotiation activities.