[Hiring] Senior Legal Counsel, Commercial, IP & AI @Monzo

Role Description

We’re looking for a Senior Legal Counsel, Commercial, IP & AI to join our UK Legal team at Monzo and help us build one of the best, most innovative banks in the world. You will report to Monzo’s Principal Legal Counsel, Commercial, IP & AI in the UK Legal team, which forms part of our wider Legal & Board Governance Collective.

This role will have day-to-day responsibility for advising on commercial contracts, IP & AI matters for our UK business. You’ll lead on a wide range of legal matters with opportunities for growth in role as the business scales.

In this role, you will work at all levels in the organisation and in close partnership with a wide range of stakeholders including:

• Marketing
• Procurement
• Third Party Risk Management
• Data Protection
• Security
• Risk & Control
• Compliance teams

Your clients will span all collectives of Monzo’s business, from Operations to Brand and everything in between. No two days are the same in Monzo’s Legal team. This is not your typical legal role; so we’re not looking for a typical person.

On any given day you may be advising on:

• A sports sponsorship
• The launch of the Monzo book
• A material outsourcing agreement
• The implementation of artificial intelligence technology

Ultimately, we’re looking for a collaborative problem-solver with exceptional technical expertise who is willing to roll up their sleeves to help deliver products and services that delight our customers, raise standards, and contribute to our mission.

You’ll play a key role by acting as a trusted legal adviser, leading on:

• Commercial contracts, including:
  • Directly drafted and negotiated yourself
  • Supported by our experienced panel of commercial legal contractors, whose work, delegated by you, you will supervise
• Working (as part of the UK Legal team) alongside our colleagues in our Group Commercial Legal team on:
  • Developing and implementing processes and procedures to increase the efficiency and scalability of commercial legal advice across Monzo, including workflows, playbooks and precedents, and the use of new technologies
  • Delivering training, sharing insights from your work, and helping educate others on commercial contracts
• Supporting the delivery of our intellectual property strategy (including working with our external advisers on clearance searches, registrations and oppositions)
• Being a subject matter expert on AI related matters (including the regulation of and contracting for AI)
• Managing relationships with our external legal counsel and alternative legal service providers and contractors, ensuring we are optimising our legal spend for greatest impact

Qualifications

• Around 5 years plus of relevant post qualification experience (or equivalent)
• Deep experience in all aspects of contract law
• Genuine interest in commercial contracts
• Some experience advising on intellectual property related matters (copyright and trade marks in particular)
• Some experience in artificial intelligence, particularly key legal issues related to the use of generative artificial intelligence
• Familiarity with the use of legal technology, including generative AI systems and contract lifecycle management platforms
• Some experience of financial services regulation as it relates to commercial contracts
• Some experience in the transactional elements of data protection
• Strategic thinker, strong communicator, and keen problem solver
• Willing to jump in and handle a wide range of legal issues
• Comfortable operating at all levels of the organisation
• Enjoy horizon scanning and proactively assessing risks
• Dynamic and entrepreneurial approach
• Open and curious mind, passionate about the intersection of banking and technology

Benefits

• c. £110,000 base salary (dependent on experience) + Incentive Awards tied to your performance + Benefits
• We can sponsor visas
• This role can be based in our London office, but we're open to distributed working within the UK
• Flexible working hours
• Learning budget of £1,000 a year for books, training courses and conferences