Senior Compensation Lead
📍London or remote | 💰dependant on experience + Benefits | ⏰ 9-12 month fixed term contract | 🚀 you must be immediately available
We’re here to make money work for everyone and we're doing things differently. For too long, banking has been obtuse, complex and opaque.
We want to change that and build a bank with everyone, for everyone. Our amazing community suggests features, test the app and give us constant feedback so we can build something everyone loves.
We're focused on solving problems, rather than selling financial products. We want to make the world a better place and change people's lives through Monzo.
You must be immediately available.
This role is a 9 - 12 month fixed term contract. We are happy to work around what your personal preference would be regarding the initial length of contract.
What we’re looking for:
We’re looking for an immediately available Compensation Lead to join our Reward team. As a fast paced, progressive and dynamic organisation, we’re looking for someone who is highly adaptable, thinks critically and is able to work collaboratively across the business.
Reporting to the VP of Reward, you’ll be responsible for all non-equity compensation activity across Monzo globally, including benchmarking, salary bands, annual pay review and senior offer package design, as well as contributing towards the evolution of our wider reward and compensation strategy and frameworks.
With the support of a Reward Analyst, you’ll lead on:
- Annual pay review
- Monzo’s job architecture, pay frameworks and bands
- Researching market trends to ensure that our pay frameworks remain competitive
- Acting as compensation lead and partner to our Technology team ensuring that we evolve our pay strategy to remain competitive
- Partnering with our Hiring team to help deliver a consistently world-class experience for prospective candidates
- Compensation reporting and MI (including gender pay gap reporting)
In addition, you’ll act as a reward partner for Monzo’s senior Technology leaders, ensuring that our approach and processes support the attraction and retention of top talent within the competitive tech sector.
You should apply if:
- You’ve led compensation activity within a large technology company in the UK or USA
- You can demonstrate expertise Radford and Willis Towers Watson benchmarking
- You’re highly adaptable and comfortable working within a fast-paced environment
The Interview Process:
Our interview process involves three main stages:
- Recruiter Call - phone call (30mins)
- Initial Call - video call via Google Meet (30 mins)
- Role Specific & Values interview - video call via Google Meet (x2 60mins)
Our average process takes around 2-3 weeks but we will always work around your availability.
You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions or want to talk through reasonable adjustments ahead of or during application please us at any point on email@example.com
What’s in it for you:
💰Salary is dependant on experience ➕stock options
📍This role will be based out of our London office next to Liverpool Street station in a hybrid approach of office based and home working or on a fully remote basis
⏰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.
📚Learning budget of £1,000 a year for books, training courses and conferences
➕And much more, see our full list of benefits here
Equal Opportunity Statement
We are actively creating an equitable environment for every Monzonaut to thrive.
Diversity and inclusion are a priority for us and we are making sure we have lots of support for all of our people to grow at Monzo. At Monzo, embracing diversity in all of its forms and 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, 2022 Diversity and Inclusion Report and 2022 Gender Pay Gap Report.
We're an equal opportunity employer. All applicants will be considered for employment without attention to ethnicity, religion, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity status or disability status.