Senior Compensation Manager

Job Description

Monzo is seeking a commercially sharp and people-first Senior Compensation Manager to shape the future of reward at the company. This role is at the heart of building a reward experience that’s fair, progressive, and built to scale. The Senior Compensation Manager will lead high-impact, cross-company activity, from benchmarking and pay reviews, to evolving frameworks for progression, levelling, and compliance.This role involves:

• Leading the annual pay review, including stakeholder management.
• Leading salary and overall compensation benchmarking.
• Maintaining and developing Monzo’s pay frameworks and job levelling.
• Owning compensation reporting, MI, and analytics.
• Working alongside Payroll and People Ops teams to improve reward processes.
• Serving as the main point of contact for compensation-related questions.
• Enhancing the use of systems within the team.
• Supporting the VP of Reward and wider Reward team.

Monzo is looking for someone who has:

• Deep experience of UK and global compensation within fast-paced technology companies.
• Experience leading the creation or evolvement of a Compensation Philosophy.
• Experience leading annual pay review cycles end to end.
• Experience leading the annual benchmarking process.
• Responsibility for compensation statutory reporting requirements.

Monzo offers:

• Flexible working hours.
• £1,000 learning budget each year.
• Support for your work-from-home setup.
• Stock options.