He met with chairman Huw Jenkins last week, but is still unsure whether or not he will get the job on a full time basis.
Winger Nathan Dyer has urged the club to take their time in appointing Michael Laudrup's permanent successor.
"It doesn't matter when it's made, we just need to get it right," said Dyer.
Monk said: "To be honest, the club has done it right.
"As much as they know I've been here for 10 years, you still have to go through the right process."
For breaking stories and all the great banter like us on Facebook: facebook.com/tribalfootball
Need a VPN? Or seeking to switch? Then support Tribal Football by clicking here to sign up with our official partners NordVPN. Not only will you receive the best VPN experience, but also great discounts by signing up via Tribal Football. Thanks for your support!