At a Glance
- Tasks: Advise on financial services regulation and shape new products in a fast-paced environment.
- Company: Join Moneybox, an award-winning and ambitious company at the forefront of financial innovation.
- Benefits: Enjoy hybrid working, personal development budget, private medical insurance, and 25 days holiday.
- Other info: Opportunity to grow within a dynamic legal team and influence business strategy.
- Why this job: Make a tangible impact while collaborating with a motivated team in a thriving culture.
- Qualifications: 8+ years PQE with strong financial services regulatory experience and excellent communication skills.
The predicted salary is between 80000 - 100000 € per year.
We are looking for a highly motivated, analytical, business-focused lawyer, with a passion for learning about new products and services in the context of a fast-growing and fast-moving company. If you have a strong background in advising on financial services regulation and enjoy working closely with business colleagues to help shape and commercialise products on an agile basis, this is the role for you.
Reporting directly to the Head of Legal (Commercial and Product), this position offers a blend of professional variety and personal fulfilment. As this is a new role, you'll have the autonomy to shape and own your areas of responsibility while building strong relationships across the business. This means you'll have the active opportunity to shape how we work as a business from a hands‐on policy and risk management perspective, and may also bring the opportunity to manage junior team members in due course as the team and business grows.
Join us in building a legal function that delivers a best‐in‐class service, collaborating seamlessly with all teams. Moneybox is at an exciting stage of growth, and our Legal Team is right in the thick of it. We've laid a strong foundation and are now ready to scale up our support as the business continues to scale. This is your chance to make a tangible impact and contribute to our ongoing success.
What you'll do:
- Act as a key strategic adviser to the Product Team and other business teams to help enable the rollout of new products, features, promotions and services from initial strategy sessions to launch, in line with Moneybox's commercial objectives and business strategy.
- Identify and address product, regulatory, privacy and other legal risks and mitigations within the financial regulatory environment.
- Develop strategies for handling legal issues in creative ways and build processes for scaling flexible solutions that address risk.
- Help propose and advance Product policies and ensure ongoing compliance of products and services with internal policies, procedures and processes in accordance with all applicable laws and financial regulation.
- Assist with the drafting and updating of customer‐facing terms and conditions.
- Assist with wider Commercial matters, including drafting, negotiating and advising on agreements with suppliers, banking partners, marketing and IT procurement.
- Assist the Compliance Team with regulatory queries.
- Provide training and education to the business on legal matters.
- Stay up‐to‐date on relevant legal/financial services regulatory developments and proactively advise the business on potential impacts.
- Work closely with and manage external legal advisors.
Experience And Skills:
- 8+ years PQE lawyer, with strong financial services regulatory experience, ideally from a top law firm. If you have spent some time in a fast‐paced and high‐growth business, that's definitely a bonus.
- Excellent knowledge of financial services regulations, including the FCA Handbook (BCOBS, Consumer Duty, CASS) and FSMA (including the FinProm regs), as well as wider consumer protection issues, including Data Protection.
- Experience of developing or advising on saving and investing products with aggregators is highly desirable.
- Highly collaborative, comfortable with ambiguity and able to provide pragmatic, business‐oriented advice within the complex financial regulatory environment in which Moneybox works.
- Experience of dealing with FCA queries.
- Experience drafting and negotiating customer‐facing terms and conditions, as well as a wider range of commercial agreements.
- Excellent organisational skills and attention to detail, with a proven ability to juggle and prioritise a large number of competing matters.
- Pragmatic approach to advice, with the ability to understand our business and apply an appropriate commercial lens to reviews.
- Enthusiasm for innovation, automation and improving how Legal services at Moneybox are delivered.
- Strong relationship‐building and influencing skills, particularly with those at a senior level.
- Excellent communication and negotiation skills, both written and verbal, including being able to explain complex regulatory matters clearly to non‐lawyers.
*PQE is a guide – your ability and skills are worth more to us than your years qualified.
What's in it for you?
- Opportunity to join a fast‐growing, award‐winning and super ambitious company.
- Work with a friendly team of highly motivated individuals.
- Be in an environment where you are listened to and can actually have an impact.
- Thriving collaborative and inclusive company culture.
- Company pension scheme.
- Hybrid working environment.
- Home office furniture allowance.
- Personal Annual Learning and Development budget.
- Private Medical Insurance.
- Health Cash Plan (cashback on visits to the dentist & opticians etc).
- Cycle to work scheme.
- Gympass subscription to a variety of gyms and wellbeing apps.
- Enhanced parental pay & leave.
- 25 days holiday + bank holidays with additional days added with length of service.
- Plus many more.
Our office is in London, by the Oxo Tower.
Senior Legal Counsel (Product/Regulatory) in London employer: hackajob
Moneybox is an exceptional employer that fosters a thriving, collaborative, and inclusive culture, making it an ideal place for professionals seeking meaningful and rewarding employment. With a strong focus on employee growth, the company offers a range of benefits including a personal learning and development budget, private medical insurance, and a hybrid working environment, all while being situated in the vibrant heart of London by the Oxo Tower. Join us to make a tangible impact in a fast-growing, award-winning company where your contributions are valued and can truly shape the future of financial services.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Legal Counsel (Product/Regulatory) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Moneybox. Building relationships can give you insider info and might just land you an interview.
✨Tip Number 2
Prepare for those interviews by knowing your stuff! Research Moneybox’s products and services, and think about how your legal expertise can help them navigate regulatory challenges. Show them you’re not just a lawyer, but a strategic partner.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with their needs. Highlight your financial services regulatory background and how it can benefit their fast-paced environment. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Senior Legal Counsel (Product/Regulatory) in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in financial services regulation. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Show Your Passion:Let us know why you’re excited about this role and working at Moneybox. Share your enthusiasm for learning about new products and how you can contribute to our fast-paced environment. A little personality goes a long way!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, especially when it comes to complex legal matters. Make it easy for us to see your qualifications and fit for the role.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at hackajob
✨Know Your Regulations
Make sure you brush up on the FCA Handbook and other relevant financial services regulations. Being able to discuss these confidently will show that you're not just familiar with the law, but that you can apply it practically in a fast-paced environment.
✨Showcase Your Collaborative Spirit
This role requires working closely with various teams. Prepare examples of how you've successfully collaborated with others in the past, especially in high-pressure situations. Highlight your ability to communicate complex legal matters clearly to non-lawyers.
✨Demonstrate Your Business Acumen
Understand Moneybox's business model and how legal advice impacts product development. Be ready to discuss how you've previously balanced legal risks with commercial objectives, showcasing your pragmatic approach to legal challenges.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific regulatory challenges or product rollouts. Think through potential scenarios in advance and be prepared to outline your thought process and the steps you would take to mitigate risks while supporting business goals.
