At a Glance
- Tasks: Advise on commercial contracts, IP, and AI matters while collaborating with a dynamic legal team.
- Company: Join Monzo, a forward-thinking tech company revolutionising banking.
- Benefits: Competitive salary, performance incentives, flexible hours, and a £1,000 learning budget.
- Other info: Embrace a culture of diversity and innovation with excellent career growth opportunities.
- Why this job: Make an impact at the intersection of law, technology, and finance in a fast-paced environment.
- Qualifications: 5+ years legal experience, strong contract law knowledge, and familiarity with AI regulations.
The predicted salary is between 110000 - 110000 £ per year.
Senior Legal Counsel, Commercial, IP & AI – UK Legal team at Monzo. Report to Principal Legal Counsel. Responsible for advising on commercial contracts, IP, AI matters for the UK business.
Key Responsibilities
- Advise on commercial contracts, including drafting and negotiating agreements directly and supervising work delegated by commercial legal contractors.
- Collaborate with the Group Commercial Legal team to develop and implement processes, workflows, playbooks, and use new technologies to increase efficiency and scalability of commercial legal advice across Monzo.
- Deliver training, share insights from work, and help educate other teams on commercial contracts.
- Support the intellectual property strategy, including clearance searches, registrations, oppositions; work with external advisers.
- Provide subject‑matter expertise on AI‑related matters, including regulation and contracting for AI.
- Manage relationships with external legal counsel and alternative legal service providers, optimizing legal spend for maximum impact.
Key Qualifications
- 5+ years post‑qualification experience in private practice, in‑house, or high‑growth tech company (including banks or financial institutions).
- Deep experience with contract law, comfortable explaining terms and negotiating service credits, terminations, liability provisions, etc.
- Experience advising on intellectual property matters, especially copyright and trademarks.
- Experience in AI, particularly generative AI, and related legal issues.
- Familiarity with legal technology, generative AI systems, and contract lifecycle management platforms.
- Experience with financial services regulation relevant to commercial contracts (outsourcing, resilience, continuity).
- Experience with data protection transactional elements (data sharing agreements, processing agreements, standard contractual clauses).
- Strong strategic thinking, communication, problem‑solving skills, balancing business and risk perspectives.
- Willingness to handle a wide range of legal issues beyond core areas, proactively detailing cost‑effective engagement of external counsel.
- Comfortable operating at all organisational levels and liaising with various stakeholders.
- Proactive risk assessment, horizon scanning, and independent mitigation action implementation.
- Dynamic, entrepreneurial approach, comfortable with ambiguity in fast‑paced, evolving environment.
- Open, curious, and excited about intersection of banking and technology.
Benefits
- Base salary: circa £110,000 (dependent on experience).
- Incentive awards tied to performance.
- Visa sponsorship available.
- Flexible working hours; trust to work at times that suit you.
- Learning budget of £1,000 per year for books, training, conferences.
- Role can be based in London or distributed working within the UK.
Equal Opportunity
We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity or disability status. If you have a preferred name, please use it to apply. We do not require full or birth names at application stage.
Recruitment Process
- Recruiter call.
- First stage 1‑hour role specific interview.
- Second stage 1‑hour behavioural interview.
Senior Legal Counsel, Commercial, IP & AI in London employer: Monzo Bank
Monzo is an exceptional employer that fosters a dynamic and inclusive work culture, offering Senior Legal Counsel the opportunity to engage with cutting-edge legal issues at the intersection of banking and technology. With a competitive salary, flexible working arrangements, and a generous learning budget, employees are empowered to grow their skills and contribute meaningfully to the company's innovative mission. The collaborative environment encourages proactive problem-solving and strategic thinking, making it an ideal place for legal professionals looking to make a significant impact in a fast-paced, evolving landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Legal Counsel, Commercial, IP & AI in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those who work in commercial contracts or AI. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your negotiation skills. Since you'll be dealing with contracts and IP matters, practice explaining complex legal terms in simple language. This will show you're not just knowledgeable but also approachable!
✨Tip Number 3
Show off your tech-savvy side! Familiarise yourself with the latest legal tech tools and AI systems. Mentioning your experience with these during interviews can set you apart from other candidates.
✨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 are proactive and engaged with our company.
We think you need these skills to ace Senior Legal Counsel, Commercial, IP & AI in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Legal Counsel role. Highlight your experience with commercial contracts, IP, and AI matters. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about the intersection of banking and technology. Share specific examples of your experience that relate to the job description.
Showcase Your Skills:Don’t forget to highlight your strategic thinking and problem-solving skills in your application. We’re looking for someone who can balance business needs with risk perspectives, so make that clear!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Monzo Bank
✨Know Your Contracts Inside Out
Make sure you’re well-versed in commercial contracts, especially the nuances of terms like service credits and liability provisions. Brush up on your negotiation skills, as you’ll likely be asked to discuss how you would approach drafting and negotiating agreements.
✨Showcase Your IP Knowledge
Be prepared to discuss your experience with intellectual property matters, particularly copyright and trademarks. Think of specific examples where you've successfully navigated IP issues, and be ready to explain how you can support Monzo's IP strategy.
✨Demonstrate AI Expertise
Since this role involves advising on AI-related matters, make sure you can articulate your understanding of generative AI and its legal implications. Bring examples of how you've dealt with AI regulations or contracting in previous roles to the table.
✨Engage with Stakeholders
This position requires liaising with various stakeholders, so practice how you would communicate complex legal concepts to non-legal teams. Prepare to discuss your approach to building relationships with external counsel and optimising legal spend.
