At a Glance
- Tasks: Provide legal advice to develop innovative banking products and support Monzo's mission.
- Company: Join Monzo, a forward-thinking bank revolutionising finance for everyone.
- Benefits: Competitive salary, performance incentives, and great benefits package.
- Other info: Collaborative environment with opportunities for professional growth and innovation.
- Why this job: Be part of a team transforming banking and improving customers' financial lives.
- Qualifications: Experience in legal counsel, especially in banking or financial services.
The predicted salary is between 68400 - 83600 £ per year.
We’re on a mission to make money work for everyone.
We’re waving goodbye to the complicated and confusing ways of traditional banking.
After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK.
As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond.
Our UK customers can also save, invest and combine their pensions with us.
With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!
We’re not about selling products - we want to solve problems and change lives through Monzo.
London/Cardiff/UK Remote | circa £76k + Incentive awards tied to your performance + Benefits | Hear from the team
We’re looking for a Product Legal Counsel to join our team at Monzo, at
Legal Counsel level, to help us build one of the best, most innovative banks in the world.
You will work within a team of product lawyers to give first rate legal advice and support to Monzo’s Product Collective, including areas like personal banking, borrowing and payments.
In this role, you’ll work closely with Monzo’s product collectives to build and deliver banking products, and support the team in making money work for everyone.
You’ll work with a wide-range of stakeholders from Product Managers and Designers, to Operations professionals and Software Engineers, and Risk and Compliance.
You will be an important part of a team trying to improve our customers’ financial lives.
You’ll play a key role by...
- You’ll work directly with senior lawyers, product managers and engineers to provide legal advice to develop and grow Monzo Bank in the UK.
• In particular, you will
- Triage product legal queries; working to resolve them or supporting senior lawyers where escalation is required.
- Partner with product managers to advise on legal matters relating to our personal or business banking products and advise on the legal and regulatory requirements for a growing bank.
- Help to develop efficient ways of working to enable Monzo to scale quickly, and ensuring Monzo operates safely and in accordance with the law and regulation.
- Coordinate and collaborate on legal matters with teams across Monzo including the Compliance, Risk and Control, other control functions and business teams.
- Provide training and knowledge sharing with other Monzonauts on the impact of laws and regulations on Monzo or our customers.
- Advise product managers or other colleagues (with support behind the scenes from more senior lawyers), take ownership of matters, identifying legal issues proactively, evaluating relevant risks and finding effective solutions to unique and complex business activities.
- Help colleagues in the Legal Team to build a world-class and scalable, high performing Legal team by testing and developing new ways of working, including AI tools.
- You’ll work closely and collaboratively with other members of the UK Legal team to provide legal advice and commercial insights to Product teams.
- You’ll be a trusted advisor and will work proactively and collaboratively with other relevant stakeholders and teams across the Monzo Group, including the Product, Risk & Compliance, Supplier Operations, Financial Crime, Fraud, and Operations teams.
- You’ll work with other lawyers and compliance t
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Legal Counsel, Product employer: EngineersOfAI
Graphcore is an exceptional employer, offering a dynamic work environment where innovation thrives and every team member can contribute to groundbreaking advancements in AI technology. With a strong focus on employee growth, Graphcore provides ample opportunities for professional development and collaboration with industry experts, all while being part of the prestigious SoftBank Group. Located in a vibrant tech hub, employees enjoy a culture that values creativity, inclusivity, and the chance to make a significant impact in the rapidly evolving field of artificial intelligence.
StudySmarter Expert Advice🤫
We think this is how you could land Legal Counsel, Product
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including EngineersOfAI, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Legal Counsel, Product
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at EngineersOfAI, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in EngineersOfAI and the specific role of Legal Counsel, Product. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for EngineersOfAI’s culture!
How to prepare for a job interview at EngineersOfAI
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at EngineersOfAI.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at EngineersOfAI.
