Opportunity at
MonzoFinance Forecasting Modeller
Monzo operates as a digital banking alternative in the United Kingdom, offering personal and business bank accounts, joint accounts, credit cards, and savings and investment options.…
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About This Role
Monzo operates as a digital banking alternative in the United Kingdom, offering personal and business bank accounts, joint accounts, credit cards, and savings and investment options. The Capital, Impairments & Forecasting team handles the creation and management of models used for credit risk capital and IFRS 9 ECL calculations. Within this division, the forecasting modelling and execution unit is expanding to elevate modelling standards throughout the finance organization. The organization…
Job Description
Monzo operates as a digital banking alternative in the United Kingdom, offering personal and business bank accounts, joint accounts, credit cards, and savings and investment options. The Capital, Impairments & Forecasting team handles the creation and management of models used for credit risk capital and IFRS 9 ECL calculations. Within this division, the forecasting modelling and execution unit is expanding to elevate modelling standards throughout the finance organization.
The organization seeks a Finance Forecasting Modeller to lead a consultancy-style centre of excellence. This position delivers thought leadership on methodological design and regulatory compliance for financial forecasting models that influence budgeting and stress-testing processes. The role also includes direct model development work. The ideal candidate possesses strong data and analytical capabilities along with programming proficiency.
This is a full-time position based in London, requiring attendance in the office one day a week. The recruitment process consists of four stages: an initial conversation with a team member, a technical modelling evaluation, a values and collaboration discussion, and a live problem-solving case study. The interview sequence typically spans three to four weeks.
Responsibilities
- Contribute to the continuous improvement of forecasting models through independent work or by guiding others
- Establish best practices for financial modelling across the company
- Communicate forecast model results to senior management
- Coordinate closely with portfolio strategy, model validation, finance, and external audit groups
Requirements
- Background in financial forecast modelling or execution
- Strong analytical abilities with a proven history of delivering technical projects
- Technical proficiency in coding, with a strong preference for SQL and Python
- Ability to articulate complex problems and solutions clearly using both written and verbal communication
- Self-starter mindset with the ability to identify and tackle issues and opportunities proactively
Qualifications
- Experience working in regulatory stress testing exercises such as ICAAP or EBA Stress-testing
- Prior experience with data visualisation tools like Streamlit or Looker
- Prior coding experience in SAS or R will be considered
Core Skills
Benefits
- Annual salary between £79,000 and £106,800
- Incentive awards tied to performance
- Relocation assistance to the UK
- Visa sponsorship
- Flexible working hours
- Annual learning budget of £1,000 for books, training courses, and conferences
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
What is the location and work arrangement for this role?
The position is based in London, UK, with an on-site requirement of one day a week.
What salary and financial benefits are provided?
The posting lists a salary range of £79,000 to £106,800, performance-linked incentive awards, and an annual learning budget of £1,000.
What technical skills are required for the Finance Forecasting Modeller position?
Candidates must have a background in financial forecast modelling, strong analytical skills, and coding proficiency with a preference for SQL and Python.
What does the application and interview process involve?
The four-step process includes an initial call with a forecasting team member, a technical modelling interview, a values and collaboration interview, and a live case study problem-solving interview.
Sample Interview Questions
AI-generated questions tailored to this specific role — a preview of the full practice set.
