Product Director, Flex (Borrowing)

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

As a Product Director, Flex (Borrowing) at Monzo, you will lead Flex into its next phase of growth.

About the role: Flex is one of Monzo's fastest-growing and most commercially significant products. You will define how we scale borrowing responsibly, expand into new segments, and continue building products customers genuinely love. You will work closely with Engineering, Credit, Data, Design, and senior leadership to identify new opportunities, optimise performance across complex segments, and deliver at pace.

Responsibilities:

• Set the strategy for Flex - Set direction for one of Monzo's most important revenue-driving products
• Identify and unlock new commercial opportunities across customer segments
• Navigate complex trade-offs between growth, risk, and customer outcomes
• Drive commercial performance - Work closely with Credit teams to shape propositions across multiple risk segments and cohorts
• Interrogate performance deeply , from unit economics to long-term profitability curves
• Identify and drive new commercial opportunities
• Champion the customer - Ensure Flex remains rooted in strong customer outcomes, not just revenue
• Push for simple, transparent, and delightful experiences
• Advocate for customer experience alongside commercial outcomes
• Build and lead a high-performing team - Manage and develop a team of Product Managers
• Deliver multiple high-impact initiatives through your direct reports
• Raise the bar on product thinking and foster a culture of high standard and high velocity

Requirements:

• Commercial Thinking - Strong commercial instinct , you think in terms of trade-offs, economics, and outcomes
• Comfortable operating in complex environments (e.g. multiple segments and cohorts with different commercials)
• Able to engage deeply with Credit and Data partners
• Experience in lending, credit cards, or adjacent borrowing products
• Consumer Focus - You start with the customer never lose track of their needs
• You're willing to challenge revenue-driven decisions when they conflict with good customer outcomes
• You have strong product taste and care deeply about experience quality
• Execution & Leadership - Proven ability to deliver in fast-paced environments with multiple workstreams
• Comfortable going deep in the detail while leading through others
• Strong cross-functional leadership across technical, credit, and governance stakeholders

Benefits:

• Base salary dependent upon experience + Stock Options + Benefits
• 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