Legal Counsel

Posted Yesterday
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Office, Lilongwe, Central Region, MWI
Hybrid
Mid level
Fintech • Financial Services
The Role
Provide commercial legal support across the business: draft and negotiate IT and commercial contracts, advise on data protection and regulatory matters, update customer-facing terms, implement legal tech (AI-assisted review, CLM), manage external counsel, and deliver training while partnering with product, compliance and other stakeholders.
Summary Generated by Built In
About Moneybox
At Moneybox, our mission is to give everyone the means to get more out of life. We're guided by our belief that wealth isn't about the money, it's about the means to more - more freedom, opportunities, possibilities, and peace of mind. Moneybox is an award-winning wealth management platform, helping over one and a half million people build wealth throughout their lives, whether they’re saving and investing, buying their first home, or planning for retirement.

Job Brief

We are looking for an exceptional junior-mid level lawyer, with a strong commercial focus and the appetite to take on broad responsibility. This role offers significant exposure across the business at an important stage of the company’s growth, with a blend of professional variety across commercial, product and data protection work, as well as personal fulfilment. You'll have the autonomy to shape and own your areas of responsibility while building strong relationships across the business.

Join us in building a legal function that delivers a best-in-class service, collaborating seamlessly with all teams. Moneybox is at an exciting stage of growth, and our Legal Team is closely embedded with the business. We've laid a strong foundation and are now ready to scale up our support as the business continues to scale. This is your chance to directly shape how the business operates, making a tangible impact and contributing to our ongoing success.

What you'll do

    As a key member of the Legal Team, you will:

  • Draft, negotiate and advise on a broad spectrum of commercial agreements, including with IT suppliers (SAAS, AI etc.), general services providers banking partners and sponsorship and marketing partners.
  • Partner with internal stakeholders on the rollout of new products, processes, and promotions.
  • Advise on data protection matters, including controller and processor terms, privacy notices and wider DP queries.
  • Partner with our Compliance Team on regulatory queries. 
  • Draft and update customer-facing terms and conditions and related materials.
  • Help drive the implementation of legal tech, including AI-assisted contract review and enhanced CLM functionality, to scale the function.
  • Advise on a broad range of other legal activities, including IP, employment, property, and litigation, as needed.
  • Provide training and education to the business on legal matters.
  • Stay up-to-date on relevant legal developments and proactively advise the business on potential impacts.
  • Work closely with and manage external legal advisors.

Experience and skills

  • 2-5 years PQE* lawyer, with excellent legal credentials, ideally having trained at a city law firm. Prior in-house experience at a start-up or scale-up is welcome but not required.
  • Strong experience drafting and negotiating commercial agreements, particularly IT (including SAAS, reseller agreements, software development and more).
  • 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 our business and apply an appropriate commercial lens to reviews.
  • Strong relationship-building and influencing skills.
  • Excellent communication and negotiation skills, both written and verbal.
  • Financial services / regulated industry experience is desirable.
  • Experience with legal research.
  • Fluency in English.
    *PQE is a guide - your ability and skills are worth more to us than your years qualified.

What's in it for you?

  • Opportunity to join a fast-growing, award-winning and super ambitious company
  • Work with a friendly team of highly motivated individuals
  • Be in an environment where you are listened to and can actually have an impact
  • Thriving collaborative and inclusive company culture
  • Competitive remuneration package
  • Company pension scheme
  • Company bonus scheme
  • Hybrid working environment
  • Home office furniture allowance
  • Personal Annual Learning and Development budget
  • Private Medical Insurance
  • Health Cash Plan (cashback on visits to the dentist & opticians etc)
  • Cycle to work scheme
  • Wellhub subscription to a variety of gyms and wellbeing apps
  • Enhanced parental pay & leave
  • 25 days holiday + bank holidays with additional days added with length of service.
  • This is a hybrid role. Our office is in London, by the Oxo Tower

Our Commitment to DE&I:
At Moneybox, we promote, support and celebrate inclusion, diversity and equity for all, so that everyone can bring their full selves to work. We believe that diversity drives innovation, and that if our team is representative of our community of customers, we can better support their needs. To ensure our recruitment processes provide an equal opportunity for all applicants to succeed, we encourage you to let us know if there are any adjustments that we can make. We are open-minded and always willing to go the extra mile to ensure all applicants can present their full self and potential
 
Working Policy:
We have a hybrid policy that includes 2 days from our London office and 3 from home. If the role states it is either hybrid or remote candidates must be based within the UK.
 
Visa Sponsorship:
At this time we cannot offer visa sponsorship for this role and we cannot consider overseas applications.
 
Please read before you apply!
Please note if offered a position, the offer is conditional and subject to the receipt of satisfactory pre-employment checks which we will conduct such as criminal record and adverse credit history checks. As a regulated financial business, an adverse financial history could impact your suitability for the role. If you are aware of anything that could affect your suitability for the role, please let us know in advance.
 
By sending us your application you acknowledge and agree to Moneybox using your personal data as described below.
 
We collect applicants’ personal data to manage our recruitment related activities. Consequently, we may use your personal data to evaluate your application, to select and shortlist applicants, to set up and conduct interviews and tests, to evaluate and assess the results, and as is otherwise needed in the recruitment process generally.We do not share your personal data with unauthorised third parties. However, we may, if necessary, share your personal data to carefully selected third parties acting on our behalf. This may include transfers to servers and databases outside the country where you provided us with your personal data. Such transfers may include for example transfers and/or disclosures outside the European Economic Area and in the United States of America.
 
If you are unsuccessful in your application, we may keep your details on file so that we can tell you about other suitable vacancies which may be of interest to you when they arise in the future.
 
If you would like to reach us then please email: [email protected]
 
If you would rather we did not keep your details on file, you can contact us at: [email protected]

Skills Required

  • 2-5 years PQE (qualified lawyer)
  • Strong experience drafting and negotiating commercial agreements, particularly IT contracts (SaaS, reseller, software development)
  • Experience advising on data protection matters (controller/processor terms, privacy notices)
  • Experience drafting and updating customer-facing terms and conditions
  • Excellent organisational skills and attention to detail
  • Pragmatic commercial approach to legal advice
  • Strong relationship-building, influencing, communication and negotiation skills
  • Experience with legal research
  • Fluency in English
  • Based in the UK and able to work hybrid from the London office (2 days in office)
  • Must be eligible to work in the UK without visa sponsorship
  • Ability and willingness to undergo pre-employment checks including criminal record and adverse credit checks
  • Prior training at a city law firm
  • Prior in-house experience at a start-up or scale-up
  • Experience implementing or working with legal tech, including AI-assisted contract review and enhanced CLM
  • Financial services / regulated industry experience
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The Company
HQ: London
400 Employees
Year Founded: 2015

What We Do

At Moneybox, we help you turn your money into something greater. Millions of us want to achieve more with our money. But whether we’re looking to save for a rainy day, grow our money, buy a home, or even build a retirement fund, we leave it at the bottom of our to-do lists because we're not sure how to get started. This isn’t surprising. We aren’t taught about financial planning at school, the wealth industry was built to serve a minority, and it often feels like banks don’t care about helping us achieve outcomes. To top it off, the financial services industry is fragmented and confusing. This means that our money often isn’t working hard enough and our goals are much harder to achieve. So, we made a solution. We've brought saving, investing, home-buying, and retirement services together into one simple app. So people can reach their goals and build wealth with confidence, whatever their starting point. We want to help people build wealth, but our mission goes beyond that. We believe that building wealth isn’t simply about accumulating more money. It’s about going after the life you want and enjoying it to the fullest, today and tomorrow. This is what it means to turn your money into something greater.

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