Principal Legal Counsel, Pensions and Investments; or Remo

Principal Legal Counsel, Pensions and Investments (Fixed Term Contract)

Cardiff, London or Remote (UK)

🚀 We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking. With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers! We’re not about selling products – we want to solve problems and change lives through Monzo ❤️

We're looking for a Principal Legal Counsel – Pensions and Investments to join our team at Monzo as caregiver leave cover, and help us build one of the best, most innovative banks in the world. This role will report to the Director of Legal, Wealth, and is part of the Legal team in the Legal & Board Governance Collective at Monzo.

In this role, you’ll work closely with the Wealth Collective on Monzo’s personal pension and investments products (including Stocks & Shares ISAs, and GIAs), and support the teams in helping our customers build their financial future. You’ll work at all levels in the organisation and with a wide‑range of stakeholders from Product Managers and Designers, to Operations professionals and software Engineers.

• Be a trusted adviser and partner to the Pensions & Investments teams, helping them build beautiful products and create effective customer‑journeys in the Monzo app whilst meeting our legal and regulatory requirements.
• Advise on the development of our pensions and investments offering, including expanding the range of assets available, and offering draw-down.
• Support the Pensions & Investments teams in managing third parties involved in the provision of pensions and investments services (including pension scheme trustees and administrators, and custodians).
• Equip the team to deal with developments in the regulatory landscape for pensions and investments, and work closely with Compliance colleagues on all things regulatory.
• Work with Risk and Control closely to help the team identify and manage legal and regulatory risks relating to the pensions and investments business.
• Prioritise thoughtfully across pensions and investments activities to continuously operate with the highest impact.
• Develop and implement processes and procedures to increase the efficiency and scalability of pensions and investments legal advice across the Monzo Group.
• Deliver training, share insights from your work, and help educate others on pensions and investments.
• Manage relationships with our external legal counsel and work to ensure we are optimising our legal spend on pensions and investments matters, and obtaining the best value.
• You have experience advising on personal pensions and/or retail investments platforms, and a solid grounding in direct‑to‑customer retail investments with around 5 years + relevant post‑qualification experience.
• You have outstanding technical skills and an understanding of regulatory and tax issues for pensions and investments, having spent time in private practice and preferably time in house at a financial institution or fintech.
• You are a team player and natural collaborator who is passionate about effecting change whilst at the same time being goals‑focused and impact‑driven.
• You are a strategic thinker, a strong communicator and a keen problem solver who knows how to assess risk and recommend solutions that balance business and risk perspectives.
• You are willing to jump in and handle a wide range of legal issues, even outside your core areas of expertise in a proactive, and resourceful way, and can sensibly assess when best to engage external counsel in a cost‑effective way.
• You are comfortable operating at all levels of the organisation up to the Executive and liaising with a variety of internal and external stakeholders.
• You welcome diverse perspectives, think rigorously and critically and aren’t afraid to challenge assumptions.
• You’ve an open and curious mind, you are passionate about the intersection of banking and technology, and what we are doing here at Monzo excites you!

Our interview process…