New Product Legal Counsel, Borrowing

Work directly with senior lawyers, product managers and engineers to provide legal advice and commercial insights to develop and grow Monzo Bank in the UK. In particular, you will partner with product managers to advise on legal matters relating to our borrowing products, advising on legal and regulatory requirements for a growing bank offering mortgage referral, credit card, loan, credit information service, overdraft products and business lending. Support with incidents and queries relating to compliance with the Consumer Credit Act, MCOBS, recoveries, collections and customers in financial difficulty, considering both conduct and legal requirements. Coordinate and collaborate on legal matters with teams across Monzo including the Compliance, Risk and Control, other control functions and business teams. Often act as the sole lawyer advising product managers or other colleagues (with support behind the scenes from more senior lawyers) and therefore act autonomously, 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 to enable Monzo to scale quickly and safely and in accordance with the law and regulation.