Senior Legal Counsel (Product/Regulatory)

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 will 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.
• 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.

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 shares.
• 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.

Our Commitment to DE&I:

At Moneybox, we promote, support and celebrate inclusion, diversity and equity for all, so that everyone can bring their full selves to work. We believe that diversity drives innovation, and that if our team is representative of our community of customers, we can better support their needs. To ensure our recruitment processes provide an equal opportunity for all applicants to succeed, we encourage you to let us know if there are any adjustments that we can make. We are open‑minded and always willing to go the extra mile to ensure all applicants can present their full self and potential.

Working Policy:

We have a hybrid policy that includes 2 days from our London office and 3 from home. If the role states it is either hybrid or remote candidates must be based within the UK.

Visa Sponsorship:

At this time we cannot offer visa sponsorship for this role and we cannot consider overseas applications.

Important application information:

Please note if offered a position, the offer is conditional and subject to the receipt of satisfactory pre‑employment checks which we will conduct such as criminal record and adverse credit history checks. As a regulated financial business, an adverse financial history could impact your suitability for the role. If you are aware of anything that could affect your suitability for the role, please let us know in advance.

By sending us your application you acknowledge and agree to Moneybox using your personal data as described below. We collect applicants’ personal data to manage our recruitment related activities. Consequently, we may use your personal data to evaluate your application, to select and shortlist applicants, to set up and conduct interviews and tests, to evaluate and assess the results, and as is otherwise needed in the recruitment process generally. We do not share your personal data with unauthorised third parties. However, we may, if necessary, share your personal data to carefully selected third parties acting on our behalf. This may include transfers to servers and databases outside the country where you provided us with your personal data. Such transfers may include for example transfers and/or disclosures outside the European Economic Area and in the United States of America. If you are unsuccessful in your application, we may keep your details on file so that we can tell you about other suitable vacancies which may be of interest to you when they arise in the future. If you would like to reach us then please email: talent@moneybox.com. If you would rather we did not keep your details on file, you can contact us at: DPO@moneyboxapp.com.