Senior Pricing Analyst, Savings

Job 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 ❤️ 📍London (UK) | 💰 £75,000-£95,000 + Incentive Awards tied to your performance + benefits About the Role We’re looking for a Senior Pricing Analyst in Savings to drive and continuously improve the performance of Monzo’s savings products. This role sits at the intersection of commercial strategy, data analysis, modelling, and product growth. You’ll be responsible for understanding how our savings rates perform in the market, why, and what we should do about it—from pricing optimisation to deposit forecasting. You will collaborate closely with Finance, Treasury, Data Science, and Product squads to develop market and deposit insights and analysis, and turn them into actionable decisions that drive sustainable growth. This is a highly visible, hands-on role with a direct impact on our deposit volumes, margin, and competitiveness in the UK market. 🔑 You’ll play a key role by: Monitoring portfolio performance: Tracking the health of our live savings products against commercial targets, identifying performance trends, and digging into the data to diagnose the drivers behind deposit movements. Driving volume and margin trade-offs: Analysing pricing elasticity, acquisition, and retention data to model trade-offs and optimise growth vs. profitability. Contributing to savings strategy: Sizing and modelling the commercial impact of strategic initiatives to help evaluate and recommend future decisions, while collaborating with Finance during planning cycles. Cross-functional alignment: Partnering with Treasury, Finance, and Product Squads to provide analytical clarity on pricing decisions and balance sheet impacts across Monzo. Developing pricing analytics: Building, maintaining, and improving our core pricing datasets and Looker dashboards. Leading competitor & macro analysis: Maintaining a view of the UK macroeconomic landscape, Bank of England rate changes, and competitor movements to recommend agile, market-leading pricing shifts. 🤩 We’d love to hear from you if: You have pricing, portfolio management or commercial product management experience within UK retail banking, fintech, or a highly fast-paced consumer finance environment. You are highly analytical and hands-on with data, comfortable using data to understand customer behaviour and drive commercial decisions. You have experience working with Data Analysis or visualisation tools (e.g., Looker, SQL, Python, Jupyter) to deliver valuable insights. You are comfortable working in complex, ambiguous spaces and can translate intricate financial data into clear, compelling narratives for stakeholders. &