At a Glance
- Tasks: Join a global legal team, providing advice on SaaS offerings and negotiating client agreements.
- Company: Temenos, a leader in banking technology with a collaborative and inclusive culture.
- Benefits: Flexible work options, generous leave policies, and support for personal development.
- Why this job: Make a real impact in the fintech sector while working with cutting-edge technology.
- Qualifications: 5+ years of legal experience in technology, with strong negotiation and relationship-building skills.
- Other info: Dynamic environment with opportunities for career growth and professional development.
The predicted salary is between 36000 - 60000 £ per year.
ABOUT TEMENOS
Temenos powers a world of banking that creates opportunities for billions of people and businesses everywhere. We have been doing this for over 30 years through the pioneering spirit of our Temenosians who are passionate about making banking better, together.
We serve over 3000 clients from the largest to challengers and community banks in 150+ countries. We collaborate with clients to build new banking services and state-of-the-art customer experiences on our open banking platform, helping them operate more sustainably.
At Temenos, we have an open-minded and inclusive culture, where everyone has the power to create their own destiny and make a positive contribution to the world of banking and society.
VALUES
- Care about transforming the Banking landscape.
- Commit to being part of an exciting culture and product evolving within the financial industry.
- Collaborate effectively and proactively with teams within or outside Temenos.
- Challenge yourself to be ambitious and achieve your individual as well as the company targets.
THE ROLE
The post holder will be part of the Temenos global legal team. The role will report into the Associate General Counsel (SaaS) and opens an opportunity to join a highly motivated, skilled and experienced team of global legal professionals working on cutting edge technology legal challenges. The primary focus of this role will be the provision of legal advice on, drafting and policy setting in relation to the Temenos SaaS offerings. This will involve negotiating and interacting with our banking clients, partners and suppliers as well as working across the globe with colleagues in the legal, sales, finance, marketing and product teams. The role will cover advice on a wide variety of legal matters to the SaaS business. The work will involve setting standard template agreements and training tools to assist the regional legal and sales teams. The role will work with the business management teams to gain a deep understanding of the business strategy, challenges and opportunities, key clients, competitors and suppliers. The post holder will need to develop strong relationships with the rest of legal team, senior management and in particular key stakeholders in the SaaS Operations, SaaS Commercial and Sales, Security, Privacy, Governance, Risk and Compliance and Finance teams. The post holder will be responsible for ensuring the consistent application of the company internal policies and that appropriate expert legal advice is applied to our SaaS and cloud offerings across the company.
OPPORTUNITIES
- You will support regional counsel in drafting and negotiating client agreements for SaaS / Cloud Services across all regions, including complex transactions, ensuring the company's legal interests are protected.
- You will provide advice on arrangements with major cloud providers and other technology partners relevant to Temenos' SaaS business.
- You will advise on legal issues arising from operational matters throughout the lifecycle of client contracts and specific client contract inquiries.
- You will advise on security and data protection issues related to SaaS agreements in collaboration with expert counsel and the Privacy team.
- You will monitor evolving regulations impacting the fintech sector, such as financial services outsourcing rules, EBA outsourcing guidance, DORA, etc., ensuring they are properly considered in client arrangements and Temenos' service offerings.
- You will draft and provide advice on SLA arrangements, support, and upgrade policies for client contracts.
- You will contribute to shaping SaaS business practices by identifying opportunities for template contract and process improvements globally and locally.
- You will assist in managing contract templates and updating relevant playbooks and toolkits for regional legal teams and sales teams.
- You will ensure compliance with internal licensing, technology-related agreements, and relevant issues such as revenue recognition, pricing, and commercial arrangements.
- You will identify legal issues and risks relevant to Temenos' SaaS business and escalate them appropriately.
- You will collaborate with the procurement team and expert counsel to ensure technology procurement for the SaaS business aligns with best practices and business needs.
- You will liaise and consult with internal teams (legal, finance, marketing, technology, development, etc.) to ensure adherence to corporate policies and guidelines in all technology-related legal matters.
SKILLS
- You should have a legal qualification with a minimum of 5 years’ post-qualification experience in the technology sector, gained either at a law firm or in-house.
- You should have demonstrable knowledge and experience in legal issues related to technology and cloud computing services, combined with a commercially aware approach to legal matters.
- You should have an understanding of the complexities and pressures involved in negotiating complex technical, licensing, and outsourcing agreements, particularly in the financial services technology market.
- You should have hands-on experience with technology contracts, including cloud service agreements, licenses, NDAs, SLAs, and collaboration agreements—ideally from in-house legal roles.
- You should have a solid understanding of privacy legislation and its implications for client arrangements.
- You should have proven negotiation skills, with the ability to integrate technical, business, and legal perspectives to achieve favorable outcomes.
- You should have experience working with multidisciplinary teams and an understanding of the associated challenges and dynamics.
- You should have a proven ability to build and maintain strong client and business relationships while managing multiple stakeholders across various levels of the organization.
- You should have the interpersonal skills necessary to establish credibility and effective relationships with senior internal and external contacts.
- You should have a highly commercial mindset, paired with strong legal acumen and business insight.
- You should have exceptional attention to detail, along with effective time management and self-scheduling capabilities.
- You should have the confidence and composure to perform under pressure, along with the resilience to sustain high performance in demanding situations.
- You should have a flexible and versatile approach, with a strong desire for autonomy and proactive role management.
- You should have a commitment to staying current with developments in legal, technological, and industry practices—and the motivation to apply those insights to your work.
SOME OF OUR BENEFITS include:
- Maternity leave: Transition back with 3 days per week in the first month and 4 days per week in the second month.
- Civil Partnership: 1 week of paid leave if you’re getting married. This covers marriages and civil partnerships, including same sex/civil partnership.
- Family care: 4 weeks of paid family care leave.
- Recharge days: 4 days per year to use when you need to physically or mentally recharge.
- Study leaves: 2 weeks of paid leave each year for study or personal development.
Legal Counsel employer: Temenos
Contact Detail:
Temenos Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Counsel
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Temenos on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by understanding Temenos' SaaS offerings inside out. Show them you’re not just another candidate; demonstrate your knowledge about their products and how you can contribute to their mission.
✨Tip Number 3
Practice your negotiation skills! Since the role involves negotiating client agreements, be ready to discuss your approach to handling complex contracts. Use examples from your past experiences to showcase your expertise.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the Temenos team.
We think you need these skills to ace Legal Counsel
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Legal Counsel role. Highlight your experience in technology law and SaaS agreements, as this will show us you understand what we're looking for.
Showcase Your Skills: Don’t just list your qualifications; give us examples of how you've used your negotiation skills and legal expertise in real situations. We want to see how you can bring value to our team!
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon unless it's relevant. We appreciate a well-structured application that gets straight to the point.
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!
How to prepare for a job interview at Temenos
✨Know Your Legal Stuff
Make sure you brush up on the latest legal trends in technology and cloud computing. Familiarise yourself with key regulations affecting the fintech sector, like EBA outsourcing guidance and DORA. This will show that you're not just knowledgeable but also proactive about staying current.
✨Understand Temenos' Business
Dive deep into Temenos' SaaS offerings and how they fit into the banking landscape. Knowing their products and services inside out will help you demonstrate how your legal expertise can directly support their business strategy and client needs.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've handled, especially those involving complex technology contracts. Highlight how you balanced legal, technical, and business perspectives to achieve favourable outcomes. This will illustrate your ability to navigate the challenges of the role.
✨Build Relationships
Emphasise your experience working with multidisciplinary teams and managing multiple stakeholders. Be ready to discuss how you've built strong relationships in previous roles, as this is crucial for collaborating effectively within Temenos' global legal team.