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Legal Counsel, Product

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.

After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us. 

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 ❤️

 

📍London/Cardiff/UK Remote | 💰circa £76k  + Incentive awards tied to your performance + Benefits | Hear from the team ✨

We’re looking for a Product Legal Counsel to join our team at Monzo, at Legal Counsel level, to help us build one of the best, most innovative banks in the world. You will work within a team of product lawyers to give first rate legal advice and support to Monzo’s Product Collective, including areas like personal banking, borrowing and payments. 

In this role, you’ll work closely with Monzo’s product collectives to build and deliver banking products, and support the team in making money work for everyone. You’ll work with a wide-range of stakeholders from Product Managers and Designers, to Operations professionals and Software Engineers, and Risk and Compliance. You will be an important part of a team trying to improve our customers’ financial lives. 

🔑You’ll play a key role by...

  • You’ll work directly with senior lawyers, product managers and engineers to provide legal advice to develop and grow Monzo Bank in the UK. 
  • In particular, you will: 
    • Triage product legal queries; working to resolve them or supporting senior lawyers where escalation is required.
    • Partner with product managers to advise on legal matters relating to our personal or business banking products and advise on the legal and regulatory requirements for a growing bank. 
    • Help to develop efficient ways of working to enable Monzo to scale quickly, and ensuring Monzo operates safely and in accordance with the law and regulation.
    • Coordinate and collaborate on legal matters with teams across Monzo including the Compliance, Risk and Control, other control functions and business teams. 
    • Provide training and knowledge sharing with other Monzonauts on the impact of laws and regulations on Monzo or our customers.
    • Advise product managers or other colleagues (with support behind the scenes from more senior lawyers), take ownership of matters, identifying legal issues proactively, evaluating relevant risks and finding effective solutions to unique and complex business activities. 
    • Help colleagues in the Legal Team to build a world-class and scalable, high performing Legal team by testing and developing new ways of working, including AI tools. 
  • You’ll work closely and collaboratively with other members of the UK Legal team to provide legal advice and commercial insights to Product teams.
  • You’ll be a trusted advisor and will work proactively and collaboratively with other relevant stakeholders and teams across the Monzo Group, including the Product, Risk & Compliance, Supplier Operations, Financial Crime, Fraud, and Operations teams.
  • You’ll work with other lawyers and compliance to identify legal and regulatory risks relating to existing and new products, ensure robust challenge and scrutiny of product changes as they go through Monzo’s governance process and to ensure that the businesses you support respond appropriately to new and changed legal and regulatory requirements.
  • You’ll support Monzo’s global product development work (with support from EU teams and external counsel) to identify local legal and regulatory requirements.

🤩 We’d love to hear from you if…

  • You are a qualified lawyer (or soon to qualify) with experience of working in the banking and finance sector. 
  • You have experience advising on legal and regulatory issues relating to banking products. 
  • You have experience of advising on laws and regulations relevant to financial services, in particular payments and banking products.  You are able to explain complex regulations (including BCOBS and the Payment Services Regulations) in a simple way and you look for innovative ways of solving problems. 
  • You have experience advising on the content of regulated financial promotions and supported marketing teams with legal issues relating to the marketing of financial products.
  • You are a strong communicator who can provide clear, precise, and practical legal advice, effectively articulating what is relevant and important in a concise manner. You can take a position on key issues, present persuasive recommendations, and constructively drive consensus among senior stakeholders.
  • You have excellent organisational skills and attention to detail, with the ability to prioritise and work effectively and independently under tight deadlines across multiple projects.
  • You have good interpersonal and team player skills and can evidence working across a network of cross-functional stakeholders to collaboratively solve problems. 
  • You are a keen problem solver, skilled at assessing risk and recommending solutions that balance commercial and risk considerations. You think ahead, anticipate relevant challenges, understand the commercial objectives of the teams you support, set clear objectives, and find effective solutions. 
  • You enjoy horizon scanning, proactively assessing risks, and quickly identifying and independently implementing mitigating actions. You are always looking for new ways to improve the efficiency and scalability of legal processes and systems.
  • You have a dynamic and entrepreneurial approach and are comfortable with the ambiguity of a fast-paced and rapidly-evolving environment.
  • You are proactive, take initiative to broaden your knowledge, and are passionate about the intersection of banking and technology and the transformation unfolding in consumer finance. You are excited to join us for the next stage of our journey at Monzo!

🙌 What’s in it for you:

💰 circa £76k ➕ plus Incentive Awards tied to your performance + Benefits | Hear from the team ✨

📍This role can be based in our London office or remote anywhere in the UK.

⏰ We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.

📚 Learning budget of £1,000 a year for books, training courses and conferences

➕ And much more, see our full list of benefits here  

🌈 The application journey has 3 key steps:

  • Recruiter call
  • Initial call 
  • Full loop: Technical and behavioural interviews 

Our average process takes around 3-4 weeks but we will always work around your availability. 

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here.

We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out. 

Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2026 Diversity and Inclusion Report and 2025 Gender Pay Gap Report.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.

If you have a preferred name, please use it to apply. We don't need full or birth names at application stage 😊

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Our goal at Monzo is to make money work for everyone. To do that, working at Monzo must work for everyone. We want to create an equitable, engaged and innovative workplace which gives people from all backgrounds the support they need to thrive and grow. 

Making Monzo work for everyone starts right at the beginning of every Monzonaut's journey: when they apply to work here. This demographic survey will help us better understand the people who apply to work at Monzo. It'll help us see how different groups progress through our hiring process, and where we need to make improvements to be more inclusive. If you choose to fill it out, all of the information you give us is:

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