[Remote] Head of Group Commercial Legal at Monzo

Cardiff, Wales, United Kingdom

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Banking, Financial ServicesIndustries

Requirements

Candidates should be a strategic legal advisor with expertise in commercial contracts globally. They must have experience as a leader of people, managing teams and mentoring lawyers. Familiarity with Ironclad and Omnea platforms is ideal. The role requires providing legal advice and commercial insights to global operating entities, acting as a strategic partner to Supplier Operations and collaborating with Risk & Control teams.

Responsibilities

The Head of Group Commercial Legal will lead the group legal function for commercial contracts globally, providing first-rate legal advice and commercial contract support to UK, Europe, and US businesses. This includes managing a panel of IT and outsourcing contract experts, overseeing drafting, review, and negotiation of complex agreements, and managing panel recruitment, onboarding, and billing. Responsibilities also involve developing standard contract templates, playbooks, and best practices, embedding technology solutions for automation and self-service, and owning the Contract Lifecycle Management strategy, including the use of AI and LLM systems. The role requires identifying and assessing legal and commercial risks, implementing best practices for contractual obligations, and driving efficiency and innovation in the contracting process.

Skills

Commercial Contracts

Legal Advice

Supplier Operations

Global Commercial Strategy

Leadership

Banking Law

Monzo

Digital-only banking platform for consumers

About Monzo

Monzo operates as a digital-only banking platform focused on providing a modern way for individuals to manage their finances. Its main product is a mobile app that allows users to track their income, spending, and savings easily. The app includes features that help users save money, such as automatically setting aside a portion of their paycheck or rounding up transactions to the nearest dollar. Monzo generates revenue through interest on deposits, fees for certain services, and interchange fees from card transactions, as well as offering overdrafts and personal loans. What sets Monzo apart from traditional banks is its real-time balance updates and instant spending notifications, which help users stay informed about their finances. The goal of Monzo is to provide a convenient, mobile-first banking experience that meets the needs of its growing customer base, which has surpassed 8 million users.

London, United KingdomHeadquarters

2015Year Founded

$1,856.7MTotal Funding

LATE_VCCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees