Cardiff, London or Remote (UK) Remote (Country) Employment £110,000

Monzo is hiring a Senior Legal Counsel, Commercial, IP & AI

Responsibilities

  • Leading on commercial contracts, including:
  • directly drafted and negotiated yourself; and
  • 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; and
  • 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.

Requirements

  • You have around 5 years plus of relevant post qualification experience (or equivalent), having ideally spent time in private practice, and/or in-house at a high-growth technology company, and/or in-house at a bank and/or other financial institution.
  • You have deep experience in all aspects of contract law, and have a genuine interest in commercial contracts; it’s not just your job but something you’re proud to be a geek about. You’re comfortable explaining the difference between contract terms (conditions, warranties, indemnities, and representations) and negotiating your way through tricky legal issues including service credits, service levels, termination rights and liability provisions, among others.
  • You have some experience advising on intellectual property related matters (copyright and trade marks in particular).
  • You have some experience in artificial intelligence, particularly key legal issues related to the use of generative artificial intelligence.
  • You have familiarity with the use of legal technology, including generative AI systems and contract lifecycle management platforms.
  • You have some experience of financial services regulation as it relates to commercial contracts (such as material outsourcings, digital operational resilience and operational continuity).
  • You have some experience in the transactional elements of data protection, including negotiating data sharing agreements, data processing agreements, and standard contractual clauses.
  • You are a strategic thinker, a strong communicator and a keen problem solver who can recommend solutions that balance business and risk perspectives.
  • You are willing to jump in and handle a wide range of legal issues that may arise even outside your core areas of expertise in an enthusiastic, proactive, and resourceful manner, and can sensibly assess when best to engage external counsel in a cost-effective way.
  • You are comfortable operating at all levels of the organisation and liaising with a variety of internal and external stakeholders.
  • You enjoy horizon scanning, proactively assessing risks, and quickly identifying and independently implementing mitigating actions.
  • You have a dynamic and entrepreneurial approach and are comfortable with the ambiguity of a fast-paced and rapidly-evolving environment.
  • You welcome diverse perspectives, think rigorously and critically and aren’t afraid to challenge assumptions.
  • You have an open and curious mind, are passionate about the intersection of banking and technology and are excited to join us for the next stage of our journey at Monzo!

Benefits

  • Incentive Awards tied to your performance
  • Benefits
  • Learning budget of £1,000 a year for books, training courses and conferences

Additional Information

  • We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team
Required Skills
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About company
Monzo
Monzo offers personal and business bank accounts, joint accounts, accounts for 16-17 year olds, free kids accounts, credit cards, savings, investments, and pension combination services in the UK. Known for hot coral cards, get-paid-early feature, financial education on social media, and award-winning customer service.
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Job Details
Department Legal & Board Governance Collective
Category other
Posted 2 hours ago