Senior Legal Counsel; Product​/Regulatory

Overview

Senior Legal Counsel (Product/Regulatory) — Moneybox

Moneybox is an award-winning wealth management platform helping over 1.5 million people build wealth throughout their lives. This is a new role reporting to the Head of Legal (Commercial and Product). You’ll have the autonomy to shape and own areas of responsibility while collaborating across the business to deliver a best-in-class legal function as Moneybox scales.

• Act as a key strategic adviser to the Product Team and other business teams to enable 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.
• 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 drafting and updating 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.

• 8+ years PQE — strong financial services regulatory experience, ideally from a top law firm. If you have spent time in a fast-paced and high-growth business, that’s a bonus.
• Excellent knowledge of financial services regulations, including the FCA Handbook (BCOBS, Consumer Duty, CASS) and FSMA (including the Fin Prom 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 operates.
• 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 the business and apply a 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 ability to explain complex regulatory matters clearly to non-lawyers.

PQE is a guide – your ability and skills are worth more to us than your years qualified.