[Hiring] Senior Legal Counsel, Business Banking @Monzo

Role Description

We’re looking for a Senior Legal Counsel to join our team at Monzo, to help us build one of the best, most innovative banks in the world. You will report to Monzo’s Director of Legal Payments & Business Banking, be part of the Legal and Board Governance Collective, and work with a team of product lawyers to give first-rate legal advice and support to Monzo’s Product Collective, including areas like business banking and merchant payments.

In this role, you’ll work closely with Monzo’s product collectives to build and deliver business banking and merchant payment products, and support the team in making money work for everyone. You’ll work at all levels in the organisation and with a wide range of stakeholders from Product Managers and Designers to Operations professionals and Software Engineers, and Risk and Compliance. You will be the ‘go to’ for all things legal and regulatory, and an important part of a team trying to improve our customers’ financial lives.

Key Responsibilities

• Partner with product managers to advise on legal matters relating to business banking and merchant payments.
• Support Monzo with operational and product changes for point of sale (POS) and online card payment acceptance.
• Help develop efficient ways of working to enable Monzo to scale quickly while ensuring compliance with laws and regulations.
• Provide training and knowledge sharing on the impact of laws and regulations.
• Act autonomously as the sole lawyer advising product managers or colleagues, identifying legal issues proactively.
• Work closely with Monzo’s Director of Legal Payments & Business Banking and other members of the UK Legal team.
• Identify legal and regulatory risks relating to existing and new products.
• Support global product development by coordinating legal reviews with EU and US legal teams.
• Improve management of legal team activities through technology solutions.
• Manage relationships with external suppliers and law firms for cost management and value optimization.

Qualifications

• Minimum of 5 years of relevant post-qualification experience in the banking and finance sector.
• Strong background advising on commercial and regulatory issues relating to banking products.
• Specific knowledge and experience in business banking and merchant acquiring.
• Strong communication skills with the ability to provide clear, precise, and practical legal advice.
• Excellent organizational skills and attention to detail.
• Ability to prioritize and work effectively under tight deadlines across multiple projects.
• Team player and keen problem solver, skilled at assessing risk and recommending solutions.
• Proactive and passionate about the intersection of banking and technology.

Application Process

• Recruiter call
• Initial call
• Full loop: Role specific interview, Behavioral interview

Our average process takes around 3-4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process.

Benefits

• Circa £100,000 & benefits
• Relocation assistance to the UK
• Flexible working hours
• Learning budget of £1,000 a year for books, training courses, and conferences
• And much more, see our full list of benefits

Equal Opportunities

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.