At a Glance
- Tasks: Draft and negotiate commercial agreements while advising on data protection and compliance matters.
- Company: Join Moneybox, an award-winning wealth management platform transforming lives.
- Benefits: Competitive salary, professional development, and the chance to shape a growing legal function.
- Other info: Collaborative culture with opportunities for personal fulfilment and career growth.
- Why this job: Make a tangible impact in a dynamic environment and grow with a thriving company.
- Qualifications: 2-5 years PQE lawyer with strong commercial focus and excellent communication skills.
The predicted salary is between 50000 - 60000 £ per year.
At Moneybox, our mission is to give everyone the means to get more out of life. We're guided by our belief that wealth isn't about the money, it's about the means to more - more freedom, opportunities, possibilities, and peace of mind. Moneybox is an award-winning wealth management platform, helping over one and a half million people build wealth throughout their lives, whether they're saving and investing, buying their first home, or planning for retirement.
We are looking for an exceptional junior-mid level lawyer, with a strong commercial focus and the appetite to take on broad responsibility. This role offers significant exposure across the business at an important stage of the company's growth, with a blend of professional variety across commercial, product and data protection work, as well as personal fulfilment. You'll have the autonomy to shape and own your areas of responsibility while building strong relationships across the business.
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 closely embedded with the business. 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 directly shape how the business operates, making a tangible impact and contributing to our ongoing success.
As a key member of the Legal Team, you will:
- Draft, negotiate and advise on a broad spectrum of commercial agreements, including with IT suppliers (SAAS, AI etc.), general services providers, banking partners and sponsorship and marketing partners.
- Partner with internal stakeholders on the rollout of new products, processes, and promotions.
- Advise on data protection matters, including controller and processor terms, privacy notices and wider DP queries.
- Partner with our Compliance Team on regulatory queries.
- Draft and update customer-facing terms and conditions and related materials.
- Help drive the implementation of legal tech, including AI-assisted contract review and enhanced CLM functionality, to scale the function.
- Advise on a broad range of other legal activities, including IP, employment, property, and litigation, as needed.
- Provide training and education to the business on legal matters.
- Stay up-to-date on relevant legal developments and proactively advise the business on potential impacts.
- Work closely with and manage external legal advisors.
Experience and skills:
- 2-5 years PQE lawyer, with excellent legal credentials, ideally having trained at a city law firm. Prior in-house experience at a start-up or scale-up is welcome but not required.
- Strong experience drafting and negotiating commercial agreements, particularly IT (including SAAS, reseller agreements, software development and more).
- 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.
- Strong relationship-building and influencing skills.
- Excellent communication and negotiation skills, both written and verbal.
- Financial services / regulated industry experience is desirable.
- Experience with legal research.
- Fluency in English.
PQE is a guide - your ability and skills are worth more to us than your years qualified.
Legal Counsel employer: Moneybox
At Moneybox, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As a Legal Counsel, you'll enjoy the opportunity to make a meaningful impact within a rapidly growing company, with access to professional development and a collaborative environment that values innovation and autonomy. Our commitment to employee well-being is reflected in our comprehensive benefits package and the chance to work alongside passionate individuals dedicated to transforming wealth management for everyone.
StudySmarter Expert Advice🤫
We think this is how you could land Legal Counsel
✨Tip Number 1
Network like a pro! Reach out to connections in the legal field, especially those who work at Moneybox or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for your interviews by researching Moneybox's mission and values. Show us how your skills align with our goals, and don’t forget to think of examples from your past experiences that demonstrate your commercial focus and relationship-building skills.
✨Tip Number 3
Practice your negotiation skills! As a Legal Counsel, you'll need to be confident in discussions. Role-play with a friend or mentor to refine your approach and ensure you're ready to tackle any scenario that comes your way.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in being part of the Moneybox team.
We think you need these skills to ace Legal Counsel
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Legal Counsel role. Highlight your commercial focus and any relevant legal work you've done, especially in drafting and negotiating agreements.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for the role and how you can contribute to Moneybox's mission. Be sure to mention any experience with data protection or compliance, as these are key areas for us.
Showcase Your Communication Skills:Since this role involves advising and training others, it's crucial to demonstrate your excellent communication skills. Use clear and concise language in your application, and don’t shy away from showcasing your negotiation prowess.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Moneybox!
How to prepare for a job interview at Moneybox
✨Know Your Stuff
Make sure you brush up on commercial law, especially around drafting and negotiating agreements. Familiarise yourself with the types of contracts you'll be dealing with at Moneybox, like SAAS and IT agreements. This will show that you're not just a lawyer, but one who understands their business.
✨Show Your Commercial Mindset
During the interview, demonstrate your ability to apply a commercial lens to legal issues. Think about how legal decisions impact the business and be ready to discuss how you've done this in past roles. Moneybox values a pragmatic approach, so highlight your experience in balancing legal requirements with business needs.
✨Build Relationships
Since this role involves partnering with various teams, emphasise your relationship-building skills. Share examples of how you've collaborated with stakeholders in previous positions. This will illustrate your ability to work seamlessly across departments, which is crucial for success at Moneybox.
✨Stay Current
Be prepared to discuss recent legal developments relevant to the financial services industry. Show that you’re proactive about staying informed and can advise on potential impacts. This will demonstrate your commitment to continuous learning and your readiness to contribute to the team’s growth.
