Monzo

Senior Software Engineer Interview Experience - London, United Kingdom

August 3, 2024

Positive ExperienceGot Offer

Process

I applied online. The process took two weeks.

Initial Interview: A recruiter call that was very prompt and straightforward.
Back-to-Back System Design and Behavioral Interview: A session with a break.
Final Call: A call with a recruiter.

The initial interview is one hour, the recruiter call is around thirty minutes, the behavioral and system design are around three hours and thirty minutes with a break, and the final call is around fifteen minutes.

I was offered a different role to the one I applied for, which was significantly below my current salary. From what I've heard, this is quite a common practice as people bend to the name and take the current career sacrifice for future gains.

Questions

Describe a project you worked on.

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Interview Statistics

The following metrics were computed from 18 interview experiences for the Monzo Senior Software Engineer role in London, United Kingdom.

Success Rate

0%

Pass Rate

Monzo's interview process for their Senior Software Engineer roles in London, the United Kingdom is extremely selective, failing the vast majority of engineers.

Experience Rating

Positive44%

Neutral22%

Negative33%

Candidates reported having good feelings for Monzo's Senior Software Engineer interview process in London, United Kingdom.

Monzo Work Experiences

Great tools and smart colleagues, but poor pay progression

Senior Software Engineer • Current Employee

London, England

Pros: There is great developer tooling and lots of smart employees.

Cons: Poor compensation and progression, and the transition of CEOs looks like it will make this worse. Beware that it's very likely that you're not going to see any pay increases unless you're in the top percentile in your band, and even then meeting the progression framework is no guarantee. Avoid if you expect career progression.

Great tools and smart colleagues, but poor pay progression

Senior Software Engineer • Current Employee

London, England

Pros: There is great developer tooling and lots of smart employees.

Cons: Poor compensation and progression, and the transition of CEOs looks like it will make this worse. Beware that it's very likely that you're not going to see any pay increases unless you're in the top percentile in your band, and even then meeting the progression framework is no guarantee. Avoid if you expect career progression.

Lots of work to do. Loads of opportunities for doing things for the first time

Senior Software Engineer • Current Employee

London, England

November 2, 2020

Pros: It is a start-up and that means there is never a shortage of things to do. Being so young it also means there is the opportunity to build stuff for the first time that I've not had in bigger companies. People are nice and talented.

Cons: It is a bank and that means there are more rules to follow. You can ship pretty easily but sometimes all the governance gets pretty tiring.

Lots of work to do. Loads of opportunities for doing things for the first time

Senior Software Engineer • Current Employee

London, England

November 2, 2020

Pros: It is a start-up and that means there is never a shortage of things to do. Being so young it also means there is the opportunity to build stuff for the first time that I've not had in bigger companies. People are nice and talented.

Cons: It is a bank and that means there are more rules to follow. You can ship pretty easily but sometimes all the governance gets pretty tiring.

Banking of the future

Senior Software Engineer • Current Employee

London, England

December 20, 2022

Pros: - Company culture is great. - Everyone is very enthusiastic about the vision. - Monzo is growing at an exponential pace, so you are given a lot of responsibility and autonomy. - It is a private company with private stocks which hopefully will be very valuable in the near future. - You get a paid sabbatical after 4 years of employment.

Cons: - The company grew too quickly, which means some historic products don't get much attention or were created with no clear revenue opportunity

Banking of the future

Senior Software Engineer • Current Employee

London, England

December 20, 2022

Pros: - Company culture is great. - Everyone is very enthusiastic about the vision. - Monzo is growing at an exponential pace, so you are given a lot of responsibility and autonomy. - It is a private company with private stocks which hopefully will be very valuable in the near future. - You get a paid sabbatical after 4 years of employment.

Cons: - The company grew too quickly, which means some historic products don't get much attention or were created with no clear revenue opportunity

Great tools and smart colleagues, but poor pay progression

Senior Software Engineer • Current Employee

London, England

Pros: There is great developer tooling and lots of smart employees.

Cons: Poor compensation and progression, and the transition of CEOs looks like it will make this worse. Beware that it's very likely that you're not going to see any pay increases unless you're in the top percentile in your band, and even then meeting the progression framework is no guarantee. Avoid if you expect career progression.

2.0
Great tools and smart colleagues, but poor pay progression
Senior Software Engineer • Current Employee
London, England
June 14, 2026
Pros: There is great developer tooling and lots of smart employees.
Cons: Poor compensation and progression, and the transition of CEOs looks like it will make this worse. Beware that it's very likely that you're not going to see any pay increases unless you're in the top percentile in your band, and even then meeting the progression framework is no guarantee. Avoid if you expect career progression.

Lots of work to do. Loads of opportunities for doing things for the first time

Senior Software Engineer • Current Employee

London, England

November 2, 2020

Pros: It is a start-up and that means there is never a shortage of things to do. Being so young it also means there is the opportunity to build stuff for the first time that I've not had in bigger companies. People are nice and talented.

Cons: It is a bank and that means there are more rules to follow. You can ship pretty easily but sometimes all the governance gets pretty tiring.

5.0
Lots of work to do. Loads of opportunities for doing things for the first time
Senior Software Engineer • Current Employee
London, England
November 2, 2020
Pros: It is a start-up and that means there is never a shortage of things to do. Being so young it also means there is the opportunity to build stuff for the first time that I've not had in bigger companies. People are nice and talented.
Cons: It is a bank and that means there are more rules to follow. You can ship pretty easily but sometimes all the governance gets pretty tiring.

Banking of the future

Senior Software Engineer • Current Employee

London, England

December 20, 2022

Pros: - Company culture is great. - Everyone is very enthusiastic about the vision. - Monzo is growing at an exponential pace, so you are given a lot of responsibility and autonomy. - It is a private company with private stocks which hopefully will be very valuable in the near future. - You get a paid sabbatical after 4 years of employment.

Cons: - The company grew too quickly, which means some historic products don't get much attention or were created with no clear revenue opportunity

5.0
Banking of the future
Senior Software Engineer • Current Employee
London, England
December 20, 2022
Pros: - Company culture is great. - Everyone is very enthusiastic about the vision. - Monzo is growing at an exponential pace, so you are given a lot of responsibility and autonomy. - It is a private company with private stocks which hopefully will be very valuable in the near future. - You get a paid sabbatical after 4 years of employment.
Cons: - The company grew too quickly, which means some historic products don't get much attention or were created with no clear revenue opportunity

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