Head of Procurement

We're on a mission to make money work for everyone.

We're waving goodbye to the complicated and confusing ways of traditional banking.

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 ️

We're seeking a strategic and visionary Head of Procurement to elevate, scale and lead our global procurement function. This role is pivotal in shaping and maturing Monzo's procurement strategy and optimising our sourcing process, aligned with our ambitious growth objectives.This is an exceptional opportunity for a seasoned and forward-looking procurement professional to lead a critical function within a dynamic, tech-focused bank with bold ambitions.

You'll lead a high-performing team dedicated to delivering exceptional results for Monzo and its customers and identifying significant opportunities to drive value, efficiency and sustainability. Overseeing diverse and strategic projects, including our international market expansions, you'll gain comprehensive insights into Monzo's operations at the highest level.

You'll be responsible for the overall direction of sourcing, negotiating, and managing strategic supplier relationships. You'll collaborate extensively with executive stakeholders to ensure procurement strategies are fully integrated with Monzo's global business objectives and prioritised on the most impactful opportunities, particularly as we expand our footprint in the EU.

• Leading and defining the strategic direction of Monzo's procurement function, maturing it to support the business' ambitious scale ambitions and global expansion
• Developing and managing executive-level relationships with key business partners to ensure suppliers and procurement strategies are synced with strategic business objectives
• Working closely with senior management to achieve optimal commercial outcomes, balancing cost-efficiency with quality, service, and compliance.
• Leveraging data, insights and reporting to drive prioritisation and demonstrate value of the Procurement function
• Acting as the senior expert in procurement, commercial strategies, and relationship management, providing thought leadership and strategic guidance.
• Proactively identifying opportunities to leverage technology to continue to evolve Procurement and supplier management as we scale
• Overseeing the identification, onboarding, and management of critical third-party partners.
• Establishing and nurturing long-term, strategic partnerships with key suppliers, focusing on mutual growth and innovation.
• Collaborating with executive leadership across Legal, Compliance, Tech, Finance, Product, and Operations to drive growth initiatives and ensure procurement enables scalable, global business solutions.

We'd love to hear from you if

• Extensive experience in leading procurement functions in high-growth, technology-driven environments, ideally within fintech or other fast-paced industries.
• Proven expertise in navigating complex procurement challenges associated with global expansion, including a deep understanding of regulatory requirements and international market dynamics.
• Significant track record in purchasing technology and software licenses at a strategic level
• Expertise in utilising advanced procurement and contract lifecycle management tools and platforms to drive process efficiency and strategic decision-making.
• Extensive experience with procure-to-pay processes and ERP systems, with a focus on optimization and strategic alignment.
• Comprehensive understanding of regulations governing outsourcing in financial services or insurance sectors, particularly in international contexts.
• Advanced knowledge of information security and cyber risk management.

What's in it for you

This role can be based in our London or Cardiff office, or distributed working within the UK (with regular meetings in London and potential international travel).

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.

Substantial learning budget each year for executive development, conferences, and industry engagements.

We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide comprehensive support for your work-from-home setup.

The application journey has 3 key steps

• Interview with the Hiring Manager/Executive Leadership
• In-depth technical and strategic interviews with key 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.

You'll hear from us throughout the application process, but if you've got any questions, please reach out to You can also use this email address to let us know if there's anything we can do to make the process easier for you because of disability, neurodiversity or anything else.

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

indicates a required field

First Name

Last Name

Email

Phone

Resume/CV

Enter manually

Accepted file types: pdf, doc, docx, txt, rtf

Enter manually

Accepted file types: pdf, doc, docx, txt, rtf

Select

A US Person is defined as someone who:

• was born in the United States (US)
• has at least 1 parent who was born in the US
• is a naturalised citizen of the US
• is a green card holder
• is a US tax resident

Please confirm your UK Right to Work status. Select

We legally have to verify your Right to Work in the UK before you can start working for us. We're asking for this information now so we know later what type of right to work check we need to do. Your answer to this question won't affect the outcome of your application, unless you'd need visa sponsorship but are applying to a role we can't sponsor.

If you'd like to, please share your preferred pronouns (eg. they/them/theirs, she/her/hers).

If you'd like to, please spell out your name how it's pronounced so we know how to say it.

Our goal at Monzo is to make money work for everyone. To do that, working at Monzo must work for everyone. We want to create an equitable, engaged and innovative workplace which gives people from all backgrounds the support they need to thrive and grow.

Making Monzo work for everyone starts right at the beginning of every Monzonaut's journey: when they apply to work here. This demographic survey will help us better understand the people who apply to work at Monzo. It'll help us see how different groups progress through our hiring process, and where we need to make improvements to be more inclusive. If you choose to fill it out, all of the information you give us is:

• Voluntary . And we've included a "prefer not to say" option for every question. It'd be helpful if you still fill out the survey even if you choose "prefer not to say" for every question, as it's useful for us to understand & record this. We won't know if you choose to fill this survey in or not.
• Anonymous to Monzo . We can't tie your responses to you and they won't make a difference to the outcome of your application. We'll only use grouped responses for equal opportunities monitoring in our hiring process.

By filling out this survey, you agree that we can use your responses for the purposes we've mentioned above. You are not letting us know if we need to make any adjustments to the hiring process because of disability or neurodiversity - to do this please email us.

How would you describe your gender identity? Select

Do you identify as transgender? Select

What's your sexual orientation? Select

Do you identify as having a disability? Select

Do you consider yourself to be neurodivergent? Select