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- Tasks: Provide legal advice and draft agreements for Temenos' SaaS offerings.
- Company: Temenos is a leading banking software provider, empowering businesses globally for over 30 years.
- Benefits: Enjoy flexible work options, study leave, recharge days, and generous family care policies.
- Why this job: Join a dynamic team tackling cutting-edge legal challenges in the fintech sector.
- Qualifications: Must have a legal qualification and at least 5 years of experience in technology law.
- Other info: Collaborate with global teams and make a real impact on the future of banking.
The predicted salary is between 43200 - 72000 £ per year.
Join to apply for the Legal Counsel – Cloud / SaaS role at TemenosJoin to apply for the Legal Counsel – Cloud / SaaS role at TemenosGet AI-powered advice on this job and more exclusive features.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.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.
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.
VALUES
Care about delivering practical, business-oriented legal solutions that support innovation and client success.Commit to upholding the highest standards of legal integrity while enabling commercial growth.Collaborate with cross-functional teams to navigate complex challenges and drive aligned outcomes.Challenge assumptions and outdated practices to continuously improve legal processes and business impact.
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 monthCivil Partnership: 1 week of paid leave if you\’re getting married. This covers marriages and civil partnerships, including same sex/civil partnershipFamily care: 4 weeks of paid family care leaveRecharge days: 4 days per year to use when you need to physically or mentally needed to rechargeStudy leave: 2 weeks of paid leave each year for study or personal development
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Legal Counsel - Cloud / SaaS employer: Temenos
Contact Detail:
Temenos Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Counsel - Cloud / SaaS
✨Tip Number 1
Familiarise yourself with the latest trends in cloud computing and SaaS legal frameworks. Understanding the nuances of these areas will not only help you during interviews but also demonstrate your commitment to staying current in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the fintech and legal sectors. Attend industry events or webinars where you can meet people who work at Temenos or similar companies. Building these connections can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific legal challenges related to SaaS offerings during your interview. Think about how you would approach issues like data protection, compliance, and contract negotiations, as these are key aspects of the role.
✨Tip Number 4
Showcase your ability to collaborate with cross-functional teams. Highlight any past experiences where you've worked alongside sales, finance, or tech teams to solve complex problems, as this is crucial for the role at Temenos.
We think you need these skills to ace Legal Counsel - Cloud / SaaS
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Legal Counsel - Cloud / SaaS position. Understand the key responsibilities and required skills, as this will help you tailor your application effectively.
Tailor Your CV: Customise your CV to highlight relevant experience in technology law, cloud computing, and SaaS agreements. Use specific examples that demonstrate your negotiation skills and understanding of privacy legislation.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects your passion for the fintech sector and how you can contribute to Temenos' mission. Mention any relevant achievements and how they align with the company's values.
Proofread and Edit: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial for a legal role.
How to prepare for a job interview at Temenos
✨Understand the SaaS Landscape
Familiarise yourself with the current trends and challenges in the SaaS and cloud computing sectors. Be prepared to discuss how these trends impact legal agreements and client relationships, as this will demonstrate your industry knowledge and relevance to Temenos.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've handled, particularly those involving complex technology contracts. Highlight your ability to balance legal requirements with business needs, as this is crucial for the role at Temenos.
✨Demonstrate Cross-Functional Collaboration
Be ready to discuss your experience working with multidisciplinary teams. Emphasise your ability to build relationships across various departments, as collaboration is key in navigating the complexities of legal matters in a tech environment.
✨Stay Updated on Legal Developments
Show your commitment to continuous learning by discussing recent legal developments relevant to the fintech sector. This could include regulations like DORA or EBA outsourcing guidance, which are important for the role and demonstrate your proactive approach.
