Counsel, Product and Regulatory
Marqeta- Full Time
- Junior (1 to 2 years)
Candidates should possess a qualified law degree and be admitted to practice as a solicitor or barrister in England and Wales. They must have substantial experience in employment law, with a particular focus on incentives and pensions, and demonstrate a strong understanding of relevant legislation and case law.
The Senior Legal Counsel will provide strategic employment legal advice and commercial solutions on EIP matters, working closely with various teams and collaborating with senior Legal stakeholders. They will lead on a wide range of EIP legal matters, develop policies and guidance for the People team, offer EIP advisory support across the employee lifecycle, and manage contentious legal matters in conjunction with external counsel. Additionally, they will work with the Reward team on compensation arrangements and remuneration policies.
Digital-only banking platform for consumers
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.